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 Metro Entrance
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Seen in the Sacramento Bee: Arriving at Harv’s Metro Car Wash in midtown Wednesday afternoon were two dark-suited IRS agents demanding payment of delinquent taxes. "They were deadly serious, very aggressive, very condescending," says Harv’s owner, Aaron Zeff. The really odd part of this: The letter that was hand-delivered to Zeff’s on-site manager showed the amount of [...]
I came across this link to a summary of the Wyden-Gregg tax simplification bill (which I touched upon briefly earlier this week), which I heard described the exemptions and credits they’re proposing. There’s one item in that summary, towards the end, buried in a long list of other changes which kind of jumped off the page [...]
You know, with this being an election year, I wouldn’t have expected much substantial reform to emerge out of Congress, other than perhaps a quick bill late in the year punting a long-term fix for AMT off a few more years. So I was surprised to see this article in the Wall Street Journal: Two senators Tuesday [...]
I missed it when the New York Times originally released it, but via the Bad Astronomy blog, I was recently introduced to this NYT image depicting the Obama’s proposed budget for Fiscal Year 2011.
Bad Astronomy mentioned it to deflate criticism of the size of NASA’s budget. Personally, I appreciate the depiction of just [...]
Seen at the LA Times: Getting into the holiday spirit, the House of Representatives on Thursday approved a spending bill loaded with goodies for the folks back home. Trails for Monterey Bay. An arts pavilion for Mississippi. Bus shelters for Bellflower. In all, the bill contains 5,224 earmarks costing about $3.9 billion, according to Taxpayers for Common Sense, [...] 
One of the subjects in the debate on health care reform has been the question of what the impact will be to premiums paid by consumers, and what the impact would be of subsidization. Senator Bayh (D-IN) asked the Congressional Budget Office to opine…and that opinion was released yesterday. Here’s the bottom line from the [...] 
Between travel and work I haven’t had much time to do much recreational reading or writing. But to clear out the inbox right quick, I give you: Chop Suey: Over in Europe, Business Insurance mentions that the increased capital requirements for insurers proposed under Solvency II standards could have the side effect of reducing capacity for [...]
Seen at Autopia: The Dutch government wants to abolish ownership and sales taxes on automobiles and instead levy a fee on every kilometer driven. The Transport Ministry says the move will cut congestion in half and curb carbon dioxide emissions by 10 percent. Motorists driving a typical sedan would pay 3 Euro cents per kilometer, or about [...]
David Frum made an observation on one of the potential bits of fallout from the House health insurance reform bill, assuming it survives into law: Small employers can now escape the obligation to provide health care for their employees by paying an 8% payroll tax. Many small employers will seize that offer. Their employees will have [...]
The New York Times over the weekend featured this gem: The Democratic Party wants to spend more than we can afford; the Republican Party tends to want to cut taxes more than we can afford. So we are stuck. …uttered by Senator Bayh (D-IN) The article surrounding that observation also notes: The main driver of long-term deficits is the [...] |
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