Word: taxed
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...instead of cutting farm spending--which accounted for less than nutrition spending--Peterson persuaded Pelosi to pry money out of the Ways and Means Committee by closing a loophole that helps foreign firms duck U.S. tax liabilities. Republicans denounced this back-door tax hike to no avail. "They had every right to scream foul," Kind says. "There was no vetting in Ways and Means, no hearings, no markup. My party just grabbed $10 billion to buy off the opposition." Democratic leaders then squelched an amendment that would have forced an up-or-down vote on eliminating subsidies for farmers earning...
...Senate is expected to pass a similar bill soon. Bush will almost certainly veto anything with a tax hike, but it's not clear if he will block a status quo bill without one. For health, business and environmental groups, the farm bill is a compelling issue, but for the farm lobby, it's the issue, and politicians oppose it at their peril. The same flattery that irked Lincoln was on display last month at a National Farmers Union reception for members of Congress, who gushed about the farmers who had gathered to lobby against change. "Let me thank...
Kinsley portrayed Libertarians as self-centered isolationists. Libertarians believe the government should trade and interact with other nations freely but not make alliances. And they do care about other countries--they just don't believe that U.S. citizens' tax dollars should be spent on other nations. If individuals want to help other countries voluntarily, that's their right. Other than those points, it was a good article. Thanks for giving Ron Paul more exposure...
...want to understand how quickly the very rich are becoming very richer, don't read about hedge funds, alternative-minimum-tax revenues or acquisitions by private capital. Those things are boring. Look at the difference between the change in the average price of a restaurant meal in the Zagat restaurant surveys and the change in those singled out in its America's Top Restaurants 2008 guide. The price of the average restaurant meal went up 2.3% last year, while the average price at the places that make Zagat's top list went up 3.8%. But if you look...
...emerged only rarely on the 2008 trail. Instead, he rarely discusses the details of his Massachusetts plan and certainly doesn't tout his partnership with Kennedy. As a presidential candidate, he cautiously adheres to by-the-book Republican dogma of giving individual states leeway in the form of tax breaks to design their own reforms...