01.26.08

Problems.

7:25 am - Jason G. - Quotes

We cannot solve problems with the same thinking we used when we created them.

-Albert Einstein

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01.15.08

Presidential Ambitions

10:34 pm - Jason G. - Uncategorized

Yahoo has a nice little dashboard up to help track the ~~horse race~~ election progress:

Yahoo Election Dashboard

Obama and Clinton are a dead-heat on the Left. (Look at the delegates, not the popular vote.)

Huckabee and Romney are a dead-heat on the right.

It’s also a good time to check in and see who has the most money…

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01.12.08

Tax the Rich?!?!

10:13 am - Jason G. - Uncategorized

From John Mauldin this week…

[The Democrats] want to “tax the rich” and make more for middle class tax cuts. Sounds nice, but let’s look at the facts. The bottom half of taxpayers only pay 3% of the total income taxes collected, which is 1% less than before the Bush tax cuts. 44% of the US population, or 122 million people, pays no income tax at all.

The richest 1% of the country pay 39% of all taxes ($365,000 income and up), which is 3% more than before the Bush tax cuts, under the Clinton tax policy. The top 5% ($145,000) pay 60% of all taxes (up 5% from 1999); and the top 25%, with income over $62,000, pays paid 86% of all taxes. It seems to me that the rich are paying their fair share. Every category is paying more now than under Clinton, except the bottom 75%.

While the positioning is slightly biased, the numbers are astonishing.

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