In a soup kettle, cook sausge and beef over medium heat until no longer pink; Drain. Add taco seasoning and mix well. Stir in the water, beans, corn, tomatoes, and salsa. Bring to a boil. Reduce heat and simmer, uncovered for 30 minutes or until heated through stirring occasionally. Garnish with sour cream, cheese, and olives (optional).
Note: When I created this I used my own stewed tomatoes and salsa. My salsa contains corn so I only put in one cup of corn. If you can then use your own as it will be that much better.
Additional Note: You can also put this in your crockpot on low for 8 hours. Just cook the meat and then add everthing to your crockpot. Can get this ready the night before and just plug in before heading out to work or starting your busy day. It freezes well also.