December 13, 2010
Taxes Stay-the-Same Bill and Unemployment
Today the posturing continues. I'm talking about the end-of-year mess the 111th Congress finds itself. They're running out of time to keep taxes at their current level or allow them to go up.
The rhetoric is shrill right now. In the news you and I keep hearing this bill referred to as the Tax "Cut" bill. Make no mistake, no one's taxes are getting cut.
What would happen is that some or all would have their Federal Income taxes stay the same if they can agree on the contents of the bill.
But the word cut has such a nice ring to it, doesn't it.
There are countless stories all over the Internet about this, so you can take your pick to see who's got many of the facts.
The current problem, the way I see it, are the earmarks that are part of the proposed bill. Including earmarks onto this major piece of legislation muddies the waters when it comes to voting.
A vast majority of Americans spoke out about this perverted method of legislation on November 2, 2010.
Many are sick of earmarks and pork. I know I am. If you are, I want you to tell me exactly how you feel with a comment below.
The problem with earmarks is that you don't get a true barometric reading as to where your elected official stands on the primary piece of legislation.
This is why earmarks need to be outlawed. Each spending item should have it's own vote. An earmark that's part of a larger bill might only be a piece of legislation that's several pages that can be digested quickly. We get an up and down vote on each item so you and I can see exactly where our elected officials interests lie.
Take for example the current massive unemployment benefits that are part of the deal being brokered right now between the President and Congress.
That aspect of the bill should have it's own vote.
Here's an interesting take on the Unemployment Benefits I found on the FoxNews website.
Then there's another twist from Bloomberg Businessweek magazine. They had a fascinating article about prolonging unemployment benefits. The first paragraph has an interesting nugget.
Times are tough. If you or someone you know is out of work, there are jobs out there. Are they a perfect match for your skills? Possibly not. Beggars can't be choosers in this market.
There's nothing but opportunity online. There are countless websites where you can register your talents. You might become a virtual employee. I happen to have three of these that work in my businesses. One's 3,000 miles from me.
Think outside the box. Do whatever it takes to be productive. That's one of the things that's going to help our economy start to rumble along again.
But back to the earmarks. I can hear the lamentations of those who like them. They might say that they're such a convenient method to get around all those pesky committee meetings and hearings.
After all, Congressmen and Presidents have parties to attend and other things that are so much more important than our business. Remember, the elected officials are our servants. Somehow they think it's the other way around.
Let the Comments begin!