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How State Taxes Put a Bigger Pinch on the Poor
George F. Will, a man so WASPy that he would be cast as a conservative TV pundit if he wasn't one in real life, is downright depressed about his beloved Republican party.Writing in the Washington Post, Will said "Nov. 4 could be their most disagreeable day since Nov. 3, 1964. Actually, this November could be even worse, because in 1964 Barry Goldwater 's loss of 44 states served a purpose, the ideological reorientation and revitalization of the party. ... Today, all the usual indicators are dismal for Republicans."
Among the problems cited by the bow-tied commentator:
In his column, Will raises some salient points for investors to consider.
: "Whom do you want to be president in 2010 when the Bush tax cuts, which (John) McCain opposed, expire?" Will asks. "Can automakers endure more regulations such as the fuel efficiency mandates that climate-fixers such as McCain favor? Do you want a president (Mike Huckabee, proponent of a national sales tax of at least 30 percent) pledged to radically increase the proportion of federal taxes paid by the middle class?"
Well, Republicans the ball is your court. Meanwhile, Hillary Clinton is probably picking out fabric swatches for the West Wing.
: "Whom do you want to be president in 2010 when the Bush tax cuts, which (John) McCain opposed, expire?" Will asks. "Can automakers endure more regulations such as the fuel efficiency mandates that climate-fixers such as McCain favor? Do you want a president (Mike Huckabee, proponent of a national sales tax of at least 30 percent) pledged to radically increase the proportion of federal taxes paid by the middle class?"
Well, Republicans the ball is your court. Meanwhile, Hillary Clinton is probably picking out fabric swatches for the West Wing.
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Reader Comments (Page 1 of 1)
3-27-2008 @ 7:19AM
ANJELLARATU said...
There are too many things WORNG with the USA & the system in taxes.
How long ago was the tax rewritten totally corrected & amended to suit the people & not rob them in this manner for centuries? How can anyone own a piece of property at all if this prevails? The whole darn system stinks & nicks $$$ off te public unecessary but to fill the "pleasures of the gov. to spend,,,on WEAPONS MANUFACTURE, NASA, BOEING & THE LIKES OF GOV. MANAGED CONPANIES.
From the day U start to earn U pay half of what u earn & till the end of the year U would have paid all that U have earned to the darn taxes & what is there left for U to pay?? After U retire, U dotn warn anymore, but U still have to pay the bloody sick property tax on ur land U ahd bought to build ur house that seems to be rising in the decades & never seems to end but how can U pay this price after U have retired?
Why should anyone have to keep paying for the piece of land U have bought to build a house & continue to pay any levi charge on this but only for the rates of a small cost for amenities provided by the state Gov. & NO ONE ELSE! The retirement $$ is to live on & also the banks charge an interest onw hat U are depositing & earnign the interest,,,why? The banks use all the $$$ by depositors to "go shopping & buy land, businesses, shares, & all sorts of investment to earn more $$$ & why do the depositors ahve to pay the tax too on such earned?
THERE IS NO LOGIC TO USA TAX LAWS FOR EVERYTHING. TAKE A LOOK AT THE TELEPHONE BILL. THE LIST IS SO LONG & PENNIES ARE NICKED OFF EVERY ONE ALIVE WHO HAS A PHONE IN BILLIONS & WHERE DOES THE $$$ GO TO?
4-01-2008 @ 3:21PM
ANJELLARATU said...
Americans are very BLURR, ARROGANT (for what?) stupid in any topic U care to chat about, uneducated after leaving school (gave it all back to the teacher as the chinks saying), vain & lazy, talk too much & nonsense & gossip to name some. Cant speak the english language to save their life & want to tell the world how to manage the peopel & country,,,can U imagine this?
Republicans "used to be" the TOP group fraction that stands for HONESTY,,,eons ago BUT not anymore ,,,so REMEMEBR THIS. Many times I have mentioned this to wake them up each time anyone american tells me REPUBLICAN is the best,,,I told them not anymore. They are in fact the most corrupted bunch of "conservatives" in the conniving manner the public has yet to REALISE. Politicians in office have been known to mett their "muscle" to people because they "think" they are GODS soon as they become some NERDS in office,,,BUT FAIL TO REALISE THEY ARE ELECTED BY THE PUBLIC TO REPRESENT THEM & TO VOICE THEIR PROBLEMS, VIEWS ON CERTAIN MATTERS, & MOST OF TO "PROTECT" THEM FOR "UNDESIRABLE ELEMENTS",,,ie thieves in office for $$$$ the public have to pay,,,BUT the people in this current day & age are mostly DUDS & DONT UNDERSTAND POLITICS IN OFFICE OR WHY THE HELL THEY ARE ELECTED TO BE THERE?
REPUBLICANS in those centuries stood for HONESTY & INTEGRETY,,,,but as the years passed, U get the average guy like KENNEDY man who "took things" & thought he has all the will & rights to do as he pleases while in office,,so there began the CORRUPT PEOPLE IN OFFICE.
People should now question where all the tax money goes to & why are the banks robbing & making their own laws some of the hired staff seems to practice & then tell U ,,,"IT IS THE BANKS POLICY,,,"? WHATS THIS? WHERE IS CENTRAL TO CHECK THIS OUT ? Where are the giuidelines to follow & uniform the loans & interest & not devieate far from hte other?
The country should do away with ths sharemarket garbage,,,,& stop the rich from ROBBING THE PUBLIC IN THE OPEN. Shares & stocks are sick things, created to get more $$$ form wherever for the rich to play around with & slurge ,,,on prostitutes & mistresses, & EXPENSIVE TOYS(cars, boats, wine, women & song)
How can the USA come up again?,,,NEVER!!! The problem will never be rectified ever. US will be behind asia no matter what U care to say or tell, so get the US in order is the most important & stop this HOMELESS PROBLEM ,,,as I ahve mentioned,,,IT STEMS FROM TAXES THE COUNTRY ROBS FORM THE PUBLIC. STOP THIS FIRST!!! Allow SME's ,,,SMALL , MEDIUM ENTERPRISES & ASSSIT THIS BY NOT DEMANDING SICKENING HIGH FEES BEFORE U CAN EVEN START THE COMAPNY THE DAMN GREEDY LAWYERS (as U refer the company secretary's Brits call) to get a company registered. The the bloody STATE TAX, FED TAX, & ALL THE SHITTY TAXES TO ROB U EVEN BEFORE U START TO GET UR BIZNES GOING. GET REAL!!! US LAWS MAKE ME SICK .