Berkeley CSUA MOTD:Entry 34084
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2024/11/23 [General] UID:1000 Activity:popular
11/23   

2004/10/13 [ERROR, uid:34084, category id '18005#10.665' has no name! , , Reference/Tax] UID:34084 Activity:high
10/12   http://money.cnn.com/2004/10/12/pf/pocketbook_proposals
        I'm looking at the differences, and frankly, none of them
        really affects me. In another word, I don't care about
        estate/inheritance tax, education relief, and I'm not in
        the high tax bracket, so it makes little difference who
        I vote for
        \_ Way to think only in the short term and only about yourself!
        \_ Social Security? Capital gains? And, for you especially,
           minimum wage. What about other non-financial issues?
          \_ I for one don't give a damn about foreign policy and
             all that crap. Money talks and everything else matters
             little. I know this is a very narrow minded and selfish
             point of view, but I'm sure I'm not the only person
             thinking this way.
             \_ So you know you're narrow minded and selfish, but you don't
                care?  I'm really glad that I don't know you.
                \_ I am selfish and I don't care.  Actually, that's not true,
                   what I actually think is that anything other than
                   selfishness requires justification because selfishness is
                   natural human behavior.  It doesn't help that altruism is
                   often used as a justification for questionable policy.
                     -- ilyas
                   \_ altruism can also be the most efficient method of
                      selfishness.  come on, you know game theory, surely you
                      understand that a system in which all members strive
                      only for maximum gain over the short-term is ultimately
                      self-defeating?
                      \_ Sure in small systems and if there aren't defectors.
                         Selfishness is still natural, and most of the animal
                         kingdom is selfish (eusocial animals excepted and I
                         should admit they are VERY successful -- ants make up
                         something like 90% of animal multicellular biomass).
                         Eusociality is, of course, selfish from the gene
                         point of view. -- ilyas
                   \_ Government policy has a long term effect, for good or
                      ill, on economic growth. If the stagflation ills
                      of the 70's return, you will with you had paid more
                      attention.
                      \_ I am sorry, I should clarify.  What I meant to say
                         is that it doesn't bother me that I am selfish
                         (I think it's good actually).  Foreign policy of the
                         US is of great concern to me, of course. -- ilyas
             \_ Foreign policy can directly affect how much money you do
                or do not have. This is one reason why you are not in the
                top tax bracket: You are an idiot.
2024/11/23 [General] UID:1000 Activity:popular
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money.cnn.com/2004/10/12/pf/pocketbook_proposals -> money.cnn.com/2004/10/12/pf/pocketbook_proposals/
Bush, Kerry and your wallet Here's a look at some of their key pocketbook proposals on taxes, tuition , health insurance and pay. October 13, 2004: 10:48 AM EDT NEW YORK (CNN/Money) Besides macro issues such as economic growth or ener gy policy, President George Bush and Sen. John Kerry are addressing many pocketbook issues ranging from taxes to health insurance to tuition rel ief and worker pay. Click here These issues may or may not be raised in the course of Wednesday night's presidential debate on domestic affairs, but we thought it would be help ful to outline some of their proposals. Keep in mind, neither candidate has made specific dollars-and-cents propo sals about two very complex pocketbook issues. Indeed, both of those iss ues, depending on how they're handled, may negate taxpayer cost savings resulting from the candidates' other pocketbook proposals, should they p ass. The first is reforming the Alternative Minimum Tax, a parallel tax system originally designed to ensure wealthy citizens pay their fair share of taxes. The AMT system does not allow for a number of deductions permissi ble under the regular tax system. For instance, the amount of income exempt from AMT is not indexed for inf lation. So unless it is reformed, the AMT will affect an increasing numb er of middle-income citizens. The number of taxpayers affected will jump from 3 million in 2004 to more than 29 million by 2010, according to es timates from the Urban-Brookings Tax Policy Center. Both campaigns have said they would call for a bipartisan effort to refor m AMT The second question is how to shore up potential shortfalls in Social Sec urity. Bush has indicated he favors letting younger workers invest some of their Social Security taxes in stocks, while Kerry has said he oppose s privatizing Social Security.