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Tag: cost

Accounting for the Tax Cut Extension Compromise

By The Wizard of Laws, Section News
Posted on Wed Dec 08, 2010 at 12:11:20 PM EST
Tags: compromise, cost, cuts, extension, rates, taxes (all tags)

Cross-posted in The Wizard of Laws

Not a long post today, just something that bugs me.

Some people are assailing the just-announced compromise on extending the Bush-era tax cuts, complaining that it will cost the government hundreds of billions of dollars.

This is sheer nonsense or, as we say, sophistry.

Keeping tax rates the same means that the government will continue to extract the same percentage of income from you and me that it has taken in the past. Thinking of that as "costing the government money" is to argue that it is the government's money to begin with.

Get it?

Taxes cost US money. Keeping taxes where they are does not "cost" anything.

Maintaining tax rates at their current levels "costs" the government the same way that steel vaults "cost" bank robbers or alarms "cost" car thieves.

(6 comments) Comments >>

The COST..

By JGillman, Section News
Posted on Tue Oct 12, 2010 at 09:34:19 AM EST
Tags: Michigan, Free Speech, 1st Amendment, One Chance, Constitution, Cost, Fake Tea (all tags)

I haven't yet begun the hunt for the benefactors of the Fake Tea Party signature campaign. I will gladly accept any leads, or perhaps suggestions which rocks to look under. However, if I was a guessing guy, I would have to have at least one guess point towards a guy who's name begins with "S" and ends with "oros."

But that is old news right?

Not that the press gives a lick about who is funding such things. No matter that what we were able to fight off here in Michigan, a lie that in other states still stands. The fakers who pretend to stand for something, in an attempt to deny the people suffrage. Fraud.

One might expect a properly operating government institution to investigate such things.

Certainly, credit where credit is due to the board of canvassers and its handling of the Michigan fake Tea fiasco. We were lucky that statutory language provided a technicality that the fraudsters could not overcome, even in the appeals process. The rule of Law triumphed, and even given the two Democrats who voted AGAINST the rule of law in the board of canvassers (those persons should be removed immediately) the appeals court, and a denial to hear by the Michigan Supreme Court shows the "system" is still functional.

But being lucky is not good enough when there is so much money inserted into the process by sources that would do us harm.. and make the cost of dealing with it so high.

(2 comments, 697 words in story) Full Story