Tag Archives: taxes

HR-1, Biz 2

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We are continuing the exploration of the proposed new tax law.  Parts 1 and 2 covered individual taxation issues.  (There was  a preamble, as well.)  Yesterday, we started our discussion of what may happen to business taxes.

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What Can We Do About Taxes?

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Don’t you just love it that when the Democratic Party is in power, all the GOP can discuss is the increasing debt.  And, once the GOP takes power, they forget all about the debt and suggest a tax reduction for the rich that will add trillions of dollars to our debt and render the budget inflows to be a small percentage of the budget outflows.

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Tax Reform? Maybe…

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Tax Reform is all the rage.  And, now that the fairy-tale land of budget reconciliation has terminated (it ended on 30 September, where items could pass with a simple majority- which means the Vice President could break any ties), our Congress will now get all hyped about lowering the tax burden  (I fear they will offer the rich a tax break, the poor more taxes, the middle class empty promises, and Christmas gifts for big business.  We’ll have to see what they really propose.)

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Tax Equity For the World- but NOT the US. Of course!

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I’ve been advocating a change in the business income tax for a long time. And (of course), I consider my proposal to be extremely brilliant. Far better than the 1 page change in all taxes proposed by TheDonald or the (sometimes proposed, sometimes withdrawn) special duty tax to be imposed on imports. Because my method collects revenue (as opposed to draining it- hoping for an insane 3% growth- AND the need for a magic potion to harvest funds that never appear) and is equitable.

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No, you can’t do that!

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As of right now, there is not a lot of data. But, at Simpson Field (Alexandria), where i coached many a little league team and where my children enjoyed playing, at least 50 shots have injured (and perhaps killed) aides and elected officials practicing for a Charity Congressional baseball game. Please pray for all injured and let’s get rid of these guns that so easily devastate our lives- and, now, even our dysfunctional government.

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