Kerry M. Kerstetter, CPA (referred to as The Tax Guru by other CPAs around the country) helps capitalists, investors & small business owners win the tax game. See www.TaxGuru.org for much more detailed info.
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Tax Guru-Ker$tetter Letter
Thursday, January 16, 2003
WAGs
I must have seen at least a dozen articles in today's papers from the PRC such as this one on how Governor Gray-Out Doofus has been exaggerating the size of the projected budget deficit in order to better justify the laundry list of new taxes he wants to implement. As I've been explaining for decades, all such projections are nothing more than wild ass guesses. Nobody has the right to claim a perfect crystal ball on this kind of financial projection. Anyone claiming more accuracy than the governor is just as guilty of blowing smoke up our rear ends.
On a similar note, does anyone else have a problem with this report of record spending by state governments, while most of them are expecting budget deficits?
KMK
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 1/16/2003 11:35:00 PM Send this post:
