At least three Libertarian candidates will appear on California recall ballot - I haven't yet decided who to endorse for Governor of the PRC. Obviously, anyone, even the strangest of the group of clowns running, would be better than the thoroughly corrupt and incompetent career politician currently in the office. The novelty factor of Arnold S. is interesting. However, as many are already pointing out, he is the classic RINO, and is just as fond of government taxpayer funded programs as the DemonRats are. I don't know any of the three Libertarians running; but this could be the best chance for a very real alternative to the status quo two party monopoly. I wish Art Olivier, the LP's 2000 VP candidate, were in the running, because we were very impressed with him during his campaign swing through Arkansas that year. Coincidentally, Art was once the mayor of Bellflower, where Arnie and Arianna had their big candidacy filing show last Saturday.


End of the income tax? - There are still some people pushing the idea of replacing the income tax with a national sales tax. It is a very radical idea, with a very uphill battle; but I have long supported it as much fairer than the hideous monstrosity we have with the income tax system in this country. Such a drastic change would obviously dramatically alter what we professional tax practitioners do; but it would in no way put us out of business. There will still be plenty of clients looking for ways to minimize their new sales tax liabilities.

- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 8/12/2003 04:06:00 PM Send this post: