Nice one! Now we know why the Buffet Rule limit is $1 million.
"The Obamas' rate is less than the 30 percent the president wants millionaires to pay under his proposed Buffett Rule." It's actually not millionaires, but multi-millionaires - people who ear $1million per year.
It's not just education that America is bad at compared to the rest of the developed world: the US is now ranks as mediocre in health care, in social mobility and a host of other measures. American exceptionalism now means exceptionally ordinary also-ran. Sadly, this is not just down to Obummer, We have been falling slowly behind for the past 30 years.
Why not raise the tax on capital gains and other unearned income and lower the tax on earned income until the two meet. That would be a fairer way accomplish the objective: the maximum number of people being equal contributors to the funding of their government.
“Anyone who deliberately did not take all of the deductions the law allows them to avoid tax may criticise, all others are merely do-as-I-say-not-as-I-do hypocrites. Gotta ask, though, what the taxes would be that make it worth flying around at a couple of thousand quid an hourk
“Are we against Khat because it: 1) lets people get high legally 2) is the main source of funds for the mohareb group called Al Shaboob 3) far, far less than 1% of users might get recruited to the jihadi cause
I suspect it is 1) and that 2 and 3 are just excuses.
Being in love also tends to make people energetic, chatty and confident - not to mention a few sleepless nights. Should we ban that too?.
Commented 3 Apr 2012 at 23:16:06 in UK Universities & Education
“Govt: The only important measure of your school is how the kids do on tests! Schools: Okay Govt: Why are you teaching to the tests? Schools: Um, you told us to? Govt: No, No. You are supposed to teach something else - make the kids better educated Schools: But then they won't do so well on your "only important measure" and our school will be penalised and our pay will be put at risk. Govt: So?”
You've heard of "Disgusted, Tunbridge Wells"? Well, I live in Holland Park and I've Had It. Up to here! An old curmudgeon, I rant and rave about things I read, see or hear in the News. Frequently sarcastic, irreverent and libertarian; often wrong - but never uncertain.