
But other economists point out that some of those deductions, such as the
one for interest paid on home mortgages, are enormously popular. Sales taxes are
regressive – that is, they affect the poor, who must spend a higher percentage
of their income to live, more than the rich.
And there is debate over whether a 23 percent national sales tax,
as called for by Huckabee, would raise enough money to replace the taxes lost.
Some economists say the rate would have to approach 50 percent, particularly as
Huckabee's plan also calls for a "prebate" cash subsidy for poor taxpayers.
Let's address them a little. Firstly, the deductions are popular because they allow people to recover more of the taxes they've paid out of their paycheck the previous year. Under the Fair Tax plan, there is no income tax, so people already have the money, to spend or save as they wish.
Secondly, that sales taxes are regressive, and impact the poor unfairly: the poor may have to spend a higher percentage of their income to live, but the rich also buy more, and more expensive products. There's also this: with a tax on consumption, there's a simple way to avoid it. Don't buy anything. Let's have some personal responsibility, people. If you're poor, do you really need 18" rims on your car or the latest cell phone? In addition, the Fair Tax is only applied to new goods and services. Eschew the new car for a used one, on which the taxes have already been paid."The notion is that getting rid of income taxes will cause prices to drop
to offset the impact of the new sales tax. My question in response: If this
theory of how the economy works is valid, then shouldn't wages drop 23 percent,
too?"
"Sipping tea with her was an experience I shall never forget. She knew the
risks of returning to Pakistan, but accepted them because, "I love my country
and my people." That's something else we don't see much of today: patriots.
There are many politicians who, for reasons of ego and a need to satisfy their
own narcissism, seek power, but hide their hunger with bows toward more noble
objectives. Like all politicians, indeed like all humanity, Bhutto was flawed,
but she was less flawed and more principled than many others in her country.
Women with a husband and children don't jeopardize comfortable and relatively
safe lifestyles for what awaited her in Pakistan. True heroism is to know the
risks and to take them in spite of danger."
"Sytangco, who was also Aquino's spokeswoman when she was still president,
recalled that both Aquino and Bhutto came to power in 1986 as first women
democratic leaders.
She said that while Aquino did not make any state visit
to Pakistan when Bhutto was still prime minister, both leaders met twice --
first in 1989 when they attended the centennial of Paris and in Manila when
Bhutto paid a visit on Aquino after attending a conference here."They both
had similarities except that Aquino was never charged with corruption," Sytangco
said." [Emphasis added]
"She was my exact contemporary, and I met her as a child in Pakistan, so let me
jump on this bandwagon. I remember her at age eight, arriving in a Mercedes-Benz
with daddy's driver, and whisking me off for a ride in the private aeroplane of
then-President Ayub Khan (Bhutto père was the rising star in his cabinet). This
girl was the most spoiled brat I ever met."
"The town is pushing a program that would let seniors work part-time, forNow, few government solutions to problems government has caused can ever be accused of being grounded in common sense, even in a place like New York, but this takes the cake!
$7 an hour, to help pay off some of their property taxes.
"People shouldn't have to sell their house, move away to a place
with less taxes, leave behind their family and friends," said Town Supervisor
Paul Feiner."
"I don't think that grandma should have to be a greeter at Wal-Mart just so
that she can pay the property taxes for a house she and grandpa built forty
years ago. And grandma shouldn't have to engage in indentured servitude to the
government just to pay off property tax debts either."
"But there is something profoundly wrong—something that should trouble all
of us—when we have elected Democratic officials who seem more worried about how
the Bush administration might respond to Iran’s murder of our troops, than about
the fact that Iran is murdering our troops."
"In fact, more and more meetings in Iraq are turning to day-to-day business, and
less time is required on military and security topics like targeting and
addressing intelligence-type matters, which until recently monopolized most
meetings across Iraq."
""It's one thing if someone believes in what's going on over there and
volunteers, but it's another thing to send someone over there on a forced
assignment," Croddy said. "I'm sorry, but basically that's a potential death
sentence and you know it. ... Who will raise our children if we are dead or
seriously wounded?""
Indeed. Probably the same people who will raise the children of the nearly 4,000 brave men and women who have already given their lives. They already know the meaning of bravery and sacrifice.
""We have no government armed with power capable of contending with human
passions unbridled by morality and religion. Avarice, ambition, revenge,
or gallantry would break the strongest cords of our Constitution as a whale goes
through a net. Our Constitution was made for a moral and religious
people. It is wholly inadequate to the government of any other.""
"The union's Monday night vote to support Ballard in the November election
was unanimous."