A Change in attitude we can Hope for...
Economic Stimulus Act of 2008
The folks at The TaxBook have released a very handy six page pdf explanation of the new bill that everyone should download and keep handy to explain to clients. It includes much more detail on the increased Section 179 and special 50% depreciation allowance than you will find anywhere in the drive-by media, which have been only covering the ridiculous rebate portion of the law.
From Neal Boortz’s Top Ten Thoughts For 2008:
Number 3. Why does a slight tax increase cost you $200.00 and a substantial tax Cut saves you $0.30?
Tax Cuts caused bridge collapse?
The demagogues on the Left never bother to allow simple facts to get in the way of their anti-capitalist agenda. Blaming the Bush tax cuts for the collapse of the bridge is just one more example of how they conveniently ignore the very real fact that the lower tax rates promoted by Bush have resulted in record high tax revenues for all levels of government.
Here are some sample cartoons by leftist morons who want to make the Bush tax cuts appear to be the reason for the recent bridge collapse, as if without those cuts the bridge would be completely intact today.
(Click on images for full size)