Tax Guru-Ker$tetter Letter
Tuesday, February 01, 2005
More Money For IRS
Bush to Propose $500 Million Funding Increase for IRS Enforcement
President Bush's 2006 Budget to Request Boost for IRS Enforcement
Court: Taxpayers can ignore IRS summonses. Ruling says action has no teeth without federal court order. – We’ll have to wait and see if this ruling has any actual effect on aggressive IRS collection actions.
Tax rates vs. revenues – It’s amazing how the left continues to deny reality, that lower rates generate more taxable activity an thus more actual revenue.