I'm still trying to figure out how one can propose a TRILLION dollars in new spending and cut taxes for 95% of the citizens. If I recall, only about 70% pay taxes in the first place. I must have missed "fuzzy" math day in accounting and econ in college.
I'm also trying to figure out how so many can be for raising corporate taxes (I'm including any business under that term). I hear people talking about taxing businesses in almost vindictive terms. Does anyone really think businesses care? Corporate taxes are a pass through tax. Raise taxes on business, business has to raise prices to the consumer. Any tax increase on a business will eventually be paid for by the consumer because it is a cost of doing business.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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