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Happy Tax Freedom Day!!
Sloan and Newsweek are still pushing their vendetta.....
Newsweek Misses Tax Freedom Day Jay Bryant April 11, 2004 In a Saturday editorial, the Washington Times skewered Newsweek pretty good for the latter's "Dirty Little Secret of the Tax Cut" cover story. But since Saturday papers are the least well read, and you probably don't get the Times anyway, you probably didn't see it. So let me summarize. Newsweek identified three families, one of which made $32,400 in 2003, the second $73,411 and the third $194,000. Each of the three was quoted, bitching about how they hadn't gotten anything out of the Bush tax cuts. But the Times analysis shows that the single-income-mom low income family actually benefited $1,000, or 45% from the cuts, while the middle income folks saved $2,800 (44%) and the high income earners, who told Newsweek all the tax cut benefits must have gone to the "major corporations who are downsizing and outsourcing," received at least $6,899 in Bush tax reductions. snip In 2004, Tax Freedom Day is today, April 11, Easter Sunday. If you're the average American, every dollar you've earned so far this year goes to pay your taxes. Starting Monday, you can keep what you earn. And you know what? Tax Freedom Day, 2004, is the earliest it has been since 1967. Nineteen Freaking Sixty Seven! ..... snip Tax Freedom Day was on April 10. Since then, it's bounced around the last half of April, topping out on May 2 in 2000. Since then, the Bush cuts have pushed it back each year..........In spite of the unprecedented disruption caused by 9/11, the recession that started after Clinton's Tax Freedom Day peak didn't last long. Did the massive Bush tax cuts have anything to do with cutting it off? It sure looks like it. Note too, that Tax Freedom Day also considers state and local taxes. The Democrats have been running around claiming that because Bush cut Federal taxes, responsible state and local leaders had to raise the rates. Wrong-o, Charlie. But that kind of stuff is the brand spanking clean little secret of the tax cut, so it doesn't make Newsweek, even though it is much bigger news, one would think than the blather writer Allan Sloan fills his article with. But it's not the article so much as what the Newsweek editors did with it that really stinks. The three families (Where do they find these people? What are their politics?) all were quoted with disparaging comments about the tax cuts. These sidebars, with photos and dramatic graphics, will be vastly more well read than Sloan's text - even though, as the Times analysis shows, the spokesfolks don't know what they're talking about... snip Then there's the matter of Newsweek's cover. The cover, with its Form 1040 graphic and screaming headline will be read by millions of passersby who never bother to pick up the magazine and read the article, much less read a critical newspaper editorial, or, for that matter, an Internet columnist. Those magazine covers are like having Vote for Kerry signs in every supermarket, drug store, airport bookshop and street corner newsstand in America. And it's all completely unregulated by the McCain-Feingold Act. The national news media, Newsweek most assuredly included, is a wholly-owned subsidiary of the Democratic party, and has been since way back when Tax Freedom Day was even earlier than it is now. This year, the grand strategy of the Left is to take each and every one of Bush's strong points (his reaction to 9/11, his tax cuts) and tarnish them. To fight back, Bush needs to take things like the Tax Freedom Day announcement and paste it over the cover of each and every Newsweek in America. Cause it's working, folks, no matter what the magazine's uninformed spokespeople say. Full article available at: http://www.townhall.com/columnists/j...20040411.shtml ***************************************** |
Happy Tax Freedom Day!!
On Sun, 11 Apr 2004 10:20:25 +0000, John Gaquin wrote:
snip In 2004, Tax Freedom Day is today, April 11, Easter Sunday. If you're the average American, every dollar you've earned so far this year goes to pay your taxes. Starting Monday, you can keep what you earn. And you know what? Tax Freedom Day, 2004, is the earliest it has been since 1967. You lucky *******s! Our Tax Freedom day is in June! :( Lloyd |
Happy Tax Freedom Day!!
"Lloyd Sumpter" wrote in message You lucky *******s! Our Tax Freedom day is in June! :( My condolences. Interesting comparative at http://www.taxfreedomday.co.uk/uk-compares.htm |
Happy Tax Freedom Day!!
Lloyd Sumpter wrote in message ... On Sun, 11 Apr 2004 10:20:25 +0000, John Gaquin wrote: snip In 2004, Tax Freedom Day is today, April 11, Easter Sunday. If you're the average American, every dollar you've earned so far this year goes to pay your taxes. Starting Monday, you can keep what you earn. And you know what? Tax Freedom Day, 2004, is the earliest it has been since 1967. You lucky *******s! Our Tax Freedom day is in June! :( Lloyd In this province more like November..... |
Happy Tax Freedom Day!!
"Don White" wrote in message In this province more like November..... http://www.fraserinstitute.ca/shared/taxcalc.asp |
Happy Tax Freedom Day!!
John Gaquin wrote in message ... "Don White" wrote in message In this province more like November..... http://www.fraserinstitute.ca/shared/taxcalc.asp Can't believe it! I'd actually be paying more tax in British Columbia in the scenarios I entered. You have my sympathies Lloyd. |
Happy Tax Freedom Day!!
On Sun, 11 Apr 2004 16:38:35 +0000, Don White wrote:
John Gaquin wrote in message ... "Don White" wrote in message In this province more like November..... http://www.fraserinstitute.ca/shared/taxcalc.asp Can't believe it! I'd actually be paying more tax in British Columbia in the scenarios I entered. You have my sympathies Lloyd. Thank you. OTOH, we had NO SNOW this winter - I was out sailing and fishing in Feb, crocuses in the lawn in early March, it's currently about 18C and everyone's mowing their lawns... 8-) Lloyd |
Happy Tax Freedom Day!!
"John Gaquin" wrote in message ... blah-blah-blah... To fight back, Bush needs to take things like the Tax Freedom Day announcement and paste it over the cover of each and every Newsweek in America. Cause it's working, folks, no matter what the magazine's uninformed spokespeople say. ....blah-blah-blah. Unfortunately, the greed perpetrated on us by the right today will have to be repaid in the future. The US government can't just keep on borrowing money; at some point a debt has to be repaid. Would you run your business or your household financed by an ever-increasing debt? |
Happy Tax Freedom Day!!
"Snafu" wrote in message ...... Would you run your business or your household financed by an ever-increasing debt? If my home and family were under attack by people who just didn't like me because the way I live is pleasant and comfortable and the way they live isn't -- You bet your ass I would -- until the last one of them stopped shooting. |
Happy Tax Freedom Day!!
You lucky *******s! Our Tax Freedom day is in June! :(
Lloyd True, but you get a lot of government bang for the buck. Or at least you get banged a lot by your government as it pursues your bucks,,,,,,hard to say. :-) Me? I get to pay good ol punative "AMT". Particularly aggressive hosing reserved for folks with unusual incomes. (Certainly doesn't mean unusually high). They actually suspend the rules and charge a higher amount than the tables call for! Woa....bummer. My wife's a CPA, or I'd swear there's a hitch in the giddy-up someplace. (non partisan comment follows) Doesn't matter whether the Democratic rat *******s or the Republican rat *******s are temporarily in charge of cooking the books or how big a "tax cut" is supposedly in place, they get much more than they need- and several times as much as they spend wisely. |
Happy Tax Freedom Day!!
Gould 0738 wrote:
You lucky *******s! Our Tax Freedom day is in June! :( Lloyd True, but you get a lot of government bang for the buck. Or at least you get banged a lot by your government as it pursues your bucks,,,,,,hard to say. :-) Me? I get to pay good ol punative "AMT". Particularly aggressive hosing reserved for folks with unusual incomes. (Certainly doesn't mean unusually high). They actually suspend the rules and charge a higher amount than the tables call for! Woa....bummer. My wife's a CPA, or I'd swear there's a hitch in the giddy-up someplace. (non partisan comment follows) Doesn't matter whether the Democratic rat *******s or the Republican rat *******s are temporarily in charge of cooking the books or how big a "tax cut" is supposedly in place, they get much more than they need- and several times as much as they spend wisely. Wait until the bills start coming due for the Bush misAdministration's war in iraq, its spending and its refusal to play straight with the American people on taxes. |
Happy Tax Freedom Day!!
"John Gaquin" wrote in message
... "Snafu" wrote in message ...... Would you run your business or your household financed by an ever-increasing debt? If my home and family were under attack by people who just didn't like me because the way I live is pleasant and comfortable and the way they live isn't -- You bet your ass I would -- until the last one of them stopped shooting. The point is the Bush tax cut doesn't make sense in our post-9/11 world. How are we paying for 1) the deployment of the regular, reserve, and National Guard troops, 2) the rebuilding cost of Iraq (remember the $87,000,000,000?), 3) homeland security? The answer is our children and grand-children are going to be stuck with the bill. |
Happy Tax Freedom Day!!
"Snafu" wrote in message The point is the Bush tax cut doesn't make sense in our post-9/11 world. How are we paying for 1) the deployment of the regular, reserve, and National Guard troops, 2) the rebuilding cost of Iraq (remember the $87,000,000,000?), 3) homeland security? The answer is our children and grand-children are going to be stuck with the bill. conventional thinking.....always looks that way on paper .... WW-II vets theoretically had to come home and then pay for the war, too. but if you let the economy roll, it never works out that way. revenues increase, and the books even out faster than anticipated if you raise taxes now, just as the economy is starting to roll again, you'll kill the recovery, and still have to pay for the war. |
Happy Tax Freedom Day!!
John Gaquin wrote:
Sloan and Newsweek are still pushing their vendetta..... Newsweek Misses Tax Freedom Day Jay Bryant April 11, 2004 In a Saturday editorial, the Washington Times skewered Newsweek pretty good for the latter's "Dirty Little Secret of the Tax Cut" cover story. The Wash Times is nothing more than a Bush house organ. |
Happy Tax Freedom Day!!
"John Gaquin" wrote in message ...
Sloan and Newsweek are still pushing their vendetta..... Newsweek Misses Tax Freedom Day Jay Bryant Anybody besides me always find this whole concept about mentioning how many days into the year you work to pay your taxes, as a way of demonstrating that the speaker thinks taxes are too high, is pretty funny and silly? I mean, isn't it kind of unnecessary. Surely the audience could understand just the statement "Tax rates are nn percent," without having to illustrate it by pointing out what date in the year is nn% through the year? richforman |
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