IRS Report: We Could Lower Tax Rates 44% Just By Closing Loopholes
IRS Ombudsman: We Could Lower Tax Rates By 44% Just By Closing Loopholes
"Congress could lower individual rates across the board by 44 percent and come up with the same amount of revenue if it eliminated all tax breaks" Washington Post reporter Josh Hicks noted in a January 10 column. Given the ongoing battles over taxes, spending, and the national debt in Congress, you'd think this would be worthy of front-page placement in the Post. Editors apparently disagreed, placing it on the bottom of page A13, today's edition of The Fed Page.
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It's Official: Worst. Congress. Ever.
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Photo by William Banzai7...
Reader Comments (12)
http://www.bloomberg.com/news/2013-01-14/china-shuts-factories-in-latest-bid-to-ease-hazardous-pollution.html
http://www.bloomberg.com/news/2013-01-15/china-defends-export-data-in-response-to-economists-skepticism.html
http://www.bloomberg.com/news/2013-01-10/gross-raises-holdings-of-treasuries-to-highest-level-since-july.html
http://www.marketwatch.com/story/social-security-the-importance-of-66-2013-01-14?link=mw_story_kiosk
http://www.bloomberg.com/news/2013-01-15/on-the-debt-ceiling-the-question-is-wwtd-.html
By Jonathan Weil
http://www.bloomberg.com/news/2013-01-15/why-no-changes-on-jpmorgan-s-board-post-whale-.html
http://www.bloomberg.com/news/2013-01-15/beijing-sky-s-fifty-shades-of-gray.html
http://www.bloomberg.com/news/2013-01-15/latest-eu-bank-bailout-proposal-is-a-dud.html
Everett High School Principal Erick Naumann, as well as the teacher who made the video, received equal punishments, the office of Superintendent Frederick Foresteire confirmed. Naumann could have been fired.
The video was a way for the new principal to introduce himself to students. It shows him walking through the empty school dressed in dark sunglasses and a leather jacket, similar to Arnold Schwarzenegger's character in the movies, and terrorizing a woman. The video was interspersed with scenes from the movies, including a burning playground and explosions. When a teacher asks the principal what has happened to everyone, Naumann replies that they have been "naumannated."
http://www.myfoxdc.com/story/20593161/mass-principal-suspended-2-days-for-violent-video#axzz2I6CBYxbV
A friend sent this to Me
I think the following letter to the Editor at the Minneapolis Star Tribune that A friend sent this to me, is an accurate description of the American Electorate and the results of their apathetic attitude about the future of this country.
"Let's look at what we have learned from this election:
Twenty-one of 22 incumbent senators were re-elected, and 353 of 373 incumbent members of the House were re-elected. The American people have re-elected 94 percent of the incumbents who were running for re-election to an institution that has an approval rating of about 9 percent. This indicates, as an electorate, we are a nation of idiots. We're now stuck with the useless, dysfunctional government that we deserve.
You can't fix stupid..."