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.
Please note that Kerry does not personally agree with every item included here; but passes them along for the benefit of the readers' understanding of the varied viewpoints on the issues being discussed.
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Tax Guru-Ker$tetter Letter
Wednesday, January 26, 2005
CBO Forecast Shows Runaway Spending—Not Tax Cuts—Causing Deficits – Why it always makes me sick when the media and their Fellow Travelers just readily accept the premise that Bush’s tax cuts created or worsened the deficit. As was the case after the Reagan cuts of the 1980s, the rate cuts resulted in increased revenue and prevented the deficit from being even worse than it would have been. The drunken sailors in DC need to be stopped in their wild reckless spending sprees if there is any hope of ever seeing anything resembling a balanced budget again.
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 1/26/2005 01:03:00 PM Send this post:
