More About Tea Parties: Crashing The Tea Party
I’ve promised to share more commentary about today’s Tea Party. Here’s a link that a reader shared:
Crashing the Tea Party | BlogHer
(Hat Tip @kbladow on twitter)
I’ve promised to share more commentary about today’s Tea Party. Here’s a link that a reader shared:
Crashing the Tea Party | BlogHer
(Hat Tip @kbladow on twitter)
What if, as a tax professional, I came up with an idea to reduce your taxes that was so amazing, I wanted to patent it so that nobody else could use it without my approval? Fair? Some members of Congress say no. Just last week, Sen. Max Baucus (D-MT) and Sen. Chuck Grassley (R-IA) introduced…
I know, it’s a cheesy title, but I’m banging this out in the middle of a really busy day. Notwithstanding the Philadelphia primaries yesterday (for which I fully intend to follow-up with some en pointe tax questions), I was on the phone this morning with Governor Huckabee’s office getting some good feedback on his tax…
Watching Congress do anything this year is kind of like being forced to sit through “Waterworld”… You thought you knew what you were in for but at some point, it’s just tiresome and long and halfway through, you have no idea what’s really going on. Although, for the sake of clarification, I am in no…
The infamous Wall Street reform bill is now law: President Obama signed it today. The reform bill, known as the Dodd-Frank Wall Street Reform and Consumer Protection Act is being touted as the “most sweeping reform since the New Deal.” The conference report finally passed the Senate by a vote of 60-39 (you can see…
Okay, so I made the last part up. But Treasury Secretary Henry Paulson’s series of statements today regarding the latest proposal sounded like those spam emails in my inbox promising everything from riches to more energy. And just like those “too good to be true” messages, Paulson’s messages were a little too over the top…
One of the drumbeats of the current Congress is the need to be more fiscally responsible. That makes sense. Our current national debt is $26,536,793,171,015 – and growing. The federal deficit – so far for 2020 – is $2.744 trillion. That’s following a Congressional Budget Office (CBO) report showing a deficit of $864 billion in June, more…
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Nice link. Some seriously foul mouth women who don’t understand that even though Obama’s cut income taxes for the “middle class,” that the day will come when all this spending will have to be paid for and if you do the math, it won’t just be the rich paying for it. There aren’t enough rich people. Even if we confiscated all the “rich” people’s money, it wouldn’t cover the spending.
We live in a country where nobody cares about anything unless it directly effects them right now. They could really give a damn about what they leave for our children and grandchildren. It is a good thing our grandparents didn’t think that way. Besides, people are nuts if they actually think that conservatives are only reacting to Obama’s spending. Conservatives have railed against Bush’s spending for years and Obama just takes Bush’s spending to the next level. America hasn’t had a true conservative president since Reagan. It is no coincidence that we had 25 years of prosperity that started during his tenure. It is also no coincidence that the last eight years of massive spending and easy money have led to our current situation.
What I do not understand about this situation-is do you expect the government to do nothing. Naturally no one wants to bail out GM, Chrslyer, AIG etc. however, is the solution to let them fail-creating more unemployment, deeping the recession, tighting business credit; what exactly are the alternatives? There seems to be an “I worked” and “you didn’t” mentality to this-tell that to the individuals who have lost their jobs etc. Again, what are the alternatives-yes borrowing is not good-but the economy needs to be “stimulated” now. Finally, what are the alternatives to jump start and fix the economy-not tax cuts, because if the economy doesn’t improve taxes will not be an issue, the government won’t be collecting any.