SD: I decided 40 years ago that the whole Israel/Arab was such a completely unsolvable mess that I would direct my attention and energy elsewhere. Here is an update on the Libyan attack mess.
http://news.yahoo.com/libyan-suspect-u-envoy-attack-killed-cairo-130308023.html
What is it with this whole Norquist/Arabs thing? Is he a muslim sleeper out to destroy our economy by allowing NO compromise even when Dems are willing to give a lot more than they get? I heard Romney say that he wanted to do away completely with income tax on capital gains. I guess with that he would pay about 4% tax. What would that be worth for him? Over $2 million?
My proposal would be to give tax payers $10,000 tax free for Interest and Dividends held one year. To make it revenue neutral there could be a minor increase in long and short term capital gains. This would encourage people to invest in solid stocks with dividends for retirement income. It would encourage companies to declare dividends rather than sit on lots of cash, thus circulating money into the economy. And, by the way, please index for inflation, no more AMT fxxx ups.
Speaking of failure to index. This spring I realized that I had to pay taxes on most of my Social Security benefits. Decided to do a little research. Discovered that before 1983 there was no tax on SS benefits, then it was decided (during Reagan Admin.) to tax the SS benefits. A complicated SS tax calculation page is included in the IRS 1040 Instructions. It allows a deduction of $25,000 for a single person, and $32,000 for a married couple. Then I wondered how long those figures have been used. Discovered that they were not indexed so we are still using figures from 29 years ago. If they were inflated to the $57,000 single, and $74,000 married that indexing would have provided, I could afford to marry the wonderful man I have met since my husband died in 2005. As it is I guess we, like many other widows and widowers will have to “live in sin” a while longer.
Norquist is a snake
So is Christie from NJ, he is either unaware of the Islamic threat or he is totally spiritually blind or a closet muslim or paid for by Arabs and he knows where his butter is breaded
Thanks for all the pings, gleeaikin. Will get back to them (the pings) when is possible.