Northwest Indiana Discussion

During Dwight Eisenhower’s presidency the top marginal tax rate – what the richest Americans paid on their top tranche of income – was around 90 percent.

We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy.

]A quote from the right's messiah...( Ronny Raygun)

Dems to Apple: Hire the
'economically disadvantaged'
American Thinker, by David Paulin

Apple Inc. is getting a lesson in liberal social engineering in Austin, Texas. The hi-tech giant is considering a new facility there, but haggling over various tax breaks has taken a strange turn. Some Democratic officials are demanding that Apple -- in exchange for millions of dollars in tax breaks from Travis County -- hire residents who are "economically disadvantaged."

Austin is a liberal mecca and a high-tech one. But it's not the only place Apple might go. It's also debating whether to locate its new facility in Phoenix.

Officials in Texas have been working hard to woo Apple, with the state-run Texas Enterprise Fund reportedly proposing a $21 million incentive package. Travis County, for its part, "is considering giving Apple an 80 percent rebate on its tax bill for 10 years -- up to $7.4 million with a potential five-year extension -- if the company locates a facility here that could create up to 3,600 jobs," reports the Austin American-Statesman.

Read more: http://www.americanthinker.com/blog/201 ... z1r5in62Qo