April 15th and You're Getting Screwed!!

[Blue Belle]

I read this on Common Dreams and thought it was an appropriate post for today. Please read the whole article... these snips don't do it justice.

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http://www.commondreams.org/views05/0415-24.htm

You're Getting Screwed
Tax changes that missed the headlines impact your bottom line

by Molly Ivins

<SNIP> My favorite authority on taxes is David Cay Johnston of The New York Times, who won a Pulitzer for reporting on the terminally unsexy topic of taxes. His book "Perfectly Legal -- The Covert Campaign to Rig Our Tax System to Benefit the Super-Rich -- and Cheat Everyone Else" is the single best work on public policy of recent years, I think.

"People making $60,000 paid a larger share of their 2001 income in federal income, Social Security and Medicare taxes than a family making $25 million, the latest Internal Revenue Service data show. And in income taxes alone, people making $400,000 paid a larger share of their incomes than the 7,000 households who made $10 million or more."

<SNIP> The Senate budget currently under consideration includes $129 billion in new tax breaks for millionaires and a $2.8 billion cut in farm and nutrition programs (i.e., food stamps). Which do you think is more important? The House has already passed a budget that cuts at least $15 billion for Medicaid and $5.3 billion from food stamps.

<SNIP> When you cut housing subsidies, you get more homeless people. When you cut food stamps, you get more hungry people. In 2002, at least 25.5 million people went to soup kitchens and food pantries. In 2003, 1.1 million more joined the lines. As unemployment and other government programs run out, even more will be standing on line. Last year, America got a pay cut. Wages for the average worker fell, after adjusting for inflation -- the first such drop in 10 years. That means the standard of living for most Americans is in decline.

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This coupled with the new "Bankruptcy Reform Bill" sure makes me proud to be an American today...

Xanax with a Stoli chaser anyone??

[Selteri]

1. My rear end is still bleeding from all the other screwing this

administration has done to everyone.