Saturday, September 5, 2009

Good Grief! Missed my own Anniversary!

We started this blog back on August 25, 2008. Thanks if you've been with us the entire time--wouldn't have done it if I didn't get an occasional "Atta boy" or even a "What the hell are you thinking?"

I don't know about you, but I've certainly learned a lot in that time. Sorta reminds me of volunteer work in general. Whether it be as a Scout leader, a swim coach, serving water and books at the hospital or serving the church in various capacities it's always true that you get back a heck of a lot more than you give. We'll see how it goes. Right now I figure Election Night of 2010 is the next goal with the interim mini election for the 19th Senate District. Go Mike Nofs!

Back to business--

Quote from the WSJ on the Michigan Example: "When Ms. Granholm gave her state of the state address earlier this year, she crowed about the similarities between the Michigan and Obama Administration strategies of using tax subsidies to tilt favored businesses. 'President Obama's priorities are nearly identical to ours,' she declared, and we can only hope the results won't be."

And from a financial guy from New York: "Under current law, taxpayers who lose an argument with the IRS can generally avoid penalties by showing they tried in good faith to comply with the law. In a broad range of circumstances, the health-care bill would change the law to impose strict liability penalties for income tax underpayments, meaning that taxpayers will no longer have the luxury of making an honest mistake. The ability of even the IRS to waive penalties in sympathetic cases would be sharply curtailed........

Last June the Small Business Council of America sent some compelling tales of woe to Congress, including one in which a 72 year old owner of a coin operated car wash set up retirement plans for his seven employees and got socked for his good deed with a $900,000 penalty for not reporting the plans properly. The company and its owner are now headed for bankruptcy."

How does that grab ya?

That's enough for now--can't take any more of it. By the way, since last evening I rec'd information about a bus going from Ann Arbor to Washington for the big Tea Party Express gathering at the Mall in Washington, D.C. September 12. I'll post early tomorrow with the details if you'd like to, and are able to, make the trip.

God bless.............

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