hearts and minds

August 6, 2006

Wetlands Protection on Wisconsin Farms

“When you’re up to your armpits in alligators, it’s easy to forget you came here to drain the swamp.” This familiar old aphorism is out of date. They’re not swamps anymore. They’re “wetlands”. And you ain’t s’posed to be draining ‘em, anyhow.
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Social Engineering for Wealth

Filed under: Class warfare,Economics,legalized bribery,tax source info,Taxes — Hearts & Minds @ 5:41 pm

From 1970 thru the turn of the century, the United States economy more than doubled, adjusted for inflation, while the population increased less than 40%. For each dollar generated per person in the 1970 economy, about $1.40 was produced in 2001. In spite of that, the average family today does 20 more weeks of paid labor than it did in 1975, and eighty percent of America did not get ahead during the last three decades. A person under 25 years of age at the turn of this century made about $2 less per day, on average, than someone the same age did way back in 1973. (All comparative figures in this column are adjusted for inflation.) Over the last 30 years, the average American salary has just kept pace with the official rate of inflation. So what’s going on? Where did that 40% per capita increase in the U.S. economy, that productivity go?
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Have We got a Tax Cut for You!!

Taxes are a compelling topic for most of us…First, who got the bright idea of cutting taxes, just when the budget is leaping deep into deficits, the economy is bouncing downhill, and hundreds of thousands of American troops are committed to worldwide preemptive war? Tax cuts during wartime? That’s a new one. This idea was obviously not concocted by a fiscal conservative, unless he wandered through the Looking Glass after winking and cooking the books at Enron or Harken.

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August 5, 2006

The Bogus Income Tax Cut

Filed under: Sensenbrenner,tax source info,Taxes — Hearts & Minds @ 11:30 pm

There he goes again!

Representative Sensenbrenner’s latest “News from Congress” describes the return this year to massive deficit financing of our national budget (following the historic first-in-my-lifetime balanced budget during the previous administration). He calls it “…an almost balanced budget. Considering what this country has been through recently, this would be a remarkable feat!” That’s what he said – “almost balanced … a remarkable feat”.
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The Estate Tax Scam

Most people working for a paycheck assume that whenever money changes hands, it’s taxed. Each dollar of wages is taxed at least three times before we even get it – once for payroll tax, once for federal income tax, once for state income tax. Businesses pay tax after expenses are deducted. Workers pay tax before expenses. Most expenses a worker has are not deductible, and those that are deductible are computed at a lower rate than business expenses. For example, farmworkers are not allowed to deduct work related travel expenses to follow the crops, while corporate directors and executives can deduct lavish expenses for meetings in exotic settings. That’s downright mean policy.
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