Tag Archives: money

A Case of Bad Gas

BY GARY JOHNSON
Reprinted from Loose Change (TCBMag.com)

There are certain things about human beings that are shared, validating the old joke about what the Zen master said to the hot dog vendor: “Make me one with everything.” Universally we all share sexuality, eating, loving, spirituality, even bad gas. I defy you to name any among us who hasn’t experienced a bit of the bubbly in the lower trunk.

Hang on to that feeling for a moment.

When it comes to the economy, how do we spell R-E-L-I-E-F? Romney and Obama have their plans, but God knows which is better or worse. Bottom line: This economic gas requires that something’s got to give. Continue reading →

Taxes Paid, Benefits Gained

BY FRANK HILL

Reprinted from telemachus.com

Have you ever sat down and really thought about the amount of money you pay in taxes versus the direct benefits you receive from the government?

Alan Simpson’s rather salty but descriptive comment about Social Security could be politely amended to read: ‘The US federal government has 310 million teats on it to milk!’.

Depending on how many programs a person derives benefits from or tax preferences he or she uses, the number could be 1 billion for all we know.

Do this little exercise right now. Add up all the taxes you pay on one side of the ledger on a piece of paper or Excel spreadsheet. And then add up all the taxes that you saved from any tax deductions you use each year on your tax form and grants you received from the federal government in any form and put them in the other column. Continue reading →