Tax Guru-Ker$tetter Letter

Tuesday, July 22, 2003

Waste Not, Deficit Not. A key congressman wants the government to stop throwing money away. - One out of 535 isn't going to make a big dent in the out of control spending; to say nothing of a president who is an even worse spendaholic.

Senate GOP Makes Move on Higher Welfare Payments To Non-Taxpayers

Wall Street Settlements For Dummies - More of the growing victimology in this country. Nothing we do is our fault. Just claim you were too stupid to know that you could lose money in the stock market, and you may be entitled to a settlement.

Russert Rails Against Deficit, Then Demands More Spending - In typical DemonRat economics, all government spending is good and all tax cuts are evil.

Money doesn't mean happy parenting

Careful, Your Bank Is Watching (link to article expired) - People normally associate Big Brother with the government; but many businesses have more intrusive capabilities than any government agency.

Hotel Guests Are Asked to Pay Higher Charges for Amenities (link to article expired) - Travelers are desirable targets for exploitation by companies, as well as by local governments with their growing tourist taxes. The double whammy of having higher hotel bills will be the extra taxes that are based on the higher underlying charges.

Wall Street Plays Numbers Game With Earnings, Despite Reforms (link to article expired) - There are still a lot of creative approaches being used by corporate accountants.

Independence of Directors Is Elusive Goal of Reform (link to article expired)

Critics Say Sarbanes-Oxley Law Hobbles Stocks, Chills Risk Taking, but Upshot Is Less Dramatic (link to article expired)

- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 7/22/2003 01:32:00 PM Send this post: