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Category Archives: Taxes
Do we crave circuses?
The government you elect is the government you deserve.— Thomas Jefferson Do we want no more than circuses from our government? It seems so. Why else would we elect clowns as our representatives–you know who some of them are. Why do we tolerate political … Continue reading
Posted in Congress, Economics, Political, Taxes, Uncategorized
Tagged Amo Houghton, Daniel Patrick Moynihan, debt ceiling, Thomas Jefferson
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Rep. Langworthy, Balanced Budget, National Debt
Anyone who makes alarmist claims about debt by talking about trillions of dollars as opposed to, say, percentages of gross domestic product, is engaged in scare tactics, not serious discussion.–Paul Krugman, “The future of taxes” “We have to get spending … Continue reading
Posted in Economics, Taxes
Tagged National debt, Paul Krugman, balanced budget, Rep. Langworthy, Scare tactics
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Federal “government spending” is an empty phrase
Indeed, one of the reasons we need an increase in the debt ceiling is that the 2017 Trump tax cuts, especially the cut in the corporate tax rate from 35% to 21%, dramatically increased the deficit without promoting growth. The … Continue reading
Posted in Congress, Political, Taxes
Tagged debt ceiling, debt limit, Food Stamps, Government shutdown, government spending, SNAP
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Tax Return Saga
The Supreme Court on Tuesday allowed the House W&M committee to obtain TFG’s tax returns after a long fight. Here is a brief history: As a result of the delays, the W&M Committee will have little time to act on … Continue reading
What’s next for Trump and his associates?
News items: Documents were illegally kept at Mar-a-Lago. Reportedly, top White House lawyers were told: “It’s not theirs, it’s mine.” Reportedly, one Trump lawyer signed a statement incorrectly saying material with classified markings had been returned. Trump refuses to answer … Continue reading
Posted in Congress, Homeland Security, NYS Government, Political, President, Taxes
Tagged National Security
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Does the GOP want Trump reelected?
President Trump is following through on his promise and standing up for American interests. I have no doubt that the disruptive policies of this administration will bring these countries (Mexico, Canada, and the European Union) to the table for a … Continue reading
Posted in Campaigning, Congress, Health Care, Political, Racism, Reed's Views, Taxes, trade, Trump
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Reed’s writing
The “Green New Deal’s” massive expansion of federal bureaucracy, technologically implausible guideposts and a tax to kill the American dream is not the answer to the undeniable threats our world is facing from climate change.–Rep. Tom Reed A catch phrase is a phrase or … Continue reading
H.R. 2213–will this bill become law?
H.R. 2213–will this bill become law, should it?“ For more than two decades, the Work Opportunity Tax Credit has proven to be highly effective in ensuring individuals on public assistance can make the transition to private sector jobs. In fact, … Continue reading
Sounds right
Sounds right, so it must be right. Are we too quick to accept ridiculous ideas because they sound good? Take “balanced budget,” for example. Balancing the Federal budget may be a good idea when times are good, but it is … Continue reading
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