The current corporate tax rate for the U.S. is 39% and that represents the second highest rate among industrialized nations.
The WOW administration claims it will not raise taxes on anyone making less than 250K per year. Now there has certainly been some questions raised on the truth of that statement but what I’m interested in is the expiration of the current tax table on long term capital gains. This will certainly be a tax increase for many of us. As usual if you or I say it that is called a lie but if a politician says it they’ll dream up a different tag line.
Barney Frank (D-Fanny Mae) is constantly talking about economic fairness. IMO that translates to income redistribution.
Douglas Adams was a wonderful writer and I will paraphrase from one of his books were an excerpt spoke of a planet wide evacuation - they put all the lawyers on one ship and sent them in the opposite direction.
In the recent Senate election five of the six candidates were lawyers. Could it get worse? Yes! Four were from Harvard Law School.
This is an informational note. On occasion I will use the names Billy Flynn and Billy Fallon and what that refers to is William Fallon who was know as “The Great Mouthpiece” for his ability to defend notorious mobsters. Billy Flynn is the ethically challenged lawyer from the musical “Chicago” and that character is loosely based Fallon.
Mike Dukakis (D- Tank Girl) spoke at the USS Slots or Slots USS or whatever. I’ll give Duke credit in that he voted against the lottery also.
Why is it so hard for people to put away a shopping cart?
Why is equally as hard for the same folks to clear snow off their cars?
TSA continues to prove they are the mall cops of the government. A wanted fugitive actually got hired. So much for screening. Wonder what else is going on?
I am still attempting to figure out how President WOW got a Nobel Peace Prize? Did Gandhi ever get one? I think even WOW was embarrassed by the award.
Going green does not make you any green. I have a mutual fund and an ETF that is green. Returns have been dismal - zero at this point and both have lost 50% of their original investment value. The more traditional energy funds have been excellent. Dirty coal is green.
LL is in the wrong country. They had a shortage of Limo’s in Copenhagen and had a call out over Europe for some more. Top it off with the 140 private jets.
There is no such thing as “The Middleboro Way” but there is the common sense way.
1.1 TRILLION dollar federal budget. Austerity?