taxes
Rome got some things right.
Submitted by NotAPundit on Thu, 09/23/2010 - 08:25Job creation held hostage.
Submitted by NotAPundit on Wed, 06/16/2010 - 17:58Yesterday, I wrote about a bill that would treat income differently based on the job description of the person earning it. A New York Times editorial, bravely posted without a by-line, announced "The Unemployed Held Hostage". It described this same bill, acting as if a gun was being held to the head of every jobless person in America by those lawmakers who weren't on board with using the tax code to punish this week's unpopular crowd.
Taxes are less about money than you think.
Submitted by NotAPundit on Tue, 06/15/2010 - 03:42Reuters reported yesterday that a bill about to be considered would raise taxes on investment fund managers, by treating some of their investment income like "regular" income. Will this raise a lot more money in the grand scheme of things? No. Why do it? Politics. It's a way to look "tough on" Wall Street.
This week the unpopular people are the investment fund managers, so we are going to tax them extra, and not let them eat lunch at the cool kids' table.

