TAXES

STUPID OR IGNORANT?

July 24 2011
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Perhaps John Boehner can slip through the horns of this dilemma – stupid or ignorant – by admitting he is just a vicious dog. He says that the Cut, Cap and Balance Act that just received House approval was passed by bipartisan support. In fact, 191 Democrats voted against the bill and 5 voted for…

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THE HEALTH INSURANCE CONTROVERSY

August 22 2009
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There are almost no differences between what the Administration proposes and what the different congressional plans propose. The principal difference is that certain congressmen believe that (1) either Obama’s plan is a preliminary to a single payer system – the government takes over all insurance and drives private companies out of business or (2) the…

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NATIONAL SECURITY SECRETS

July 31 2009
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Security Agent: Did you know that you will probably get amoebic dysentery if you drink water from the Ganges River in India? Plain Joe Answer: Gee, no. Why didn’t anybody tell me that? SA: National security. We can’t have too many people refusing to drink the water. SA: Did you know that if you visit…

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BAD FOR BUSINESS BUT STILL DANCING

March 14 2009
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Ah, this sporting life! Hector Castroneves, about the only athlete who can challenge Tiger Woods for making money, is facing imprisonment for holding back $5.5 million in unpaid income tax. It would be “terrible” for Penske Racing and the sport if Helio Castroneves, the popular Indy racer and Dancing With The Stars champion, was convicted…

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WHAT IS A STIMULUS?

February 14 2009
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As I am a throwback to the idea that economic forces have lives of their own and politics cannot make much difference to the economy, I am baffled, mystified, perplexed, bewidlered and bothered by the so-called “stimulus package” of $800 billion. In some cases, even I understand how the economy can be stimulated – highway…

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THE $3 CHECKOFF FRAUD

August 26 2008
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August 26, 2008 Do you check off that box on your income tax return authorizing the government to rip you off? That money is mainly used to underwrite the quadrennial festivals of the Republican and Democratic Parties as they booze through three nights doing what should require only 3 hours of email voting. Chances are…

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OBAMA & McCAIN TAX PLANS

July 24 2008
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July 24, 2008 The nonpartisan Urban Institute publishes studies, reports, and books on timely topics worthy of public consideration. The views expressed are those of the authors and should not be attributed to the Urban Institute, its trustees, or its funders. Author(s): The Tax Policy Center Revised on June 20, 2008 and excerpts provided by…

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TAX BREAKS AND HOW TO GET THEM

April 11 2008
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April 11, 2008 In a nutshell the way to get a good tax break is to make lots of money. The Bush tax cuts of 2001 and 2003 were designed help every family and the following information will show you how. The source is The Tax Policy Center. Annual income…………..average savings Less than $10,000………$4 $10,000…

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TAX SHELTERS

December 3 2007
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The fundamental idea behind tax shelters is to avoid doing your share of the work keeping up this country. One seeks “loopholes” in the law, or else the law simply decides that, if you are rich enough, you deserve a break just as much as the poor do. 1. The best known dodge is investment…

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HEALTH PLANS

December 3 2007
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Edwards and Kucinich want to tax people with income above $200,000 more heavily to support their health plans. Obama and Clinton want to increase taxes for those above $250,000 but even these people shouldn’t have to take the hit Kucinich proposes. On the Republican side, Ron Paul recommends ending all income tax for those earning…

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