Wednesday, February 26, 2025

2025 Daily - 02/26/2025

 whoops... missed the 25th... and this may not be much...

But - yesterday I did clean up guest room a lot, worried about my vision - and still do a little...  saw and shopped w/Rachel... 

TODAY -- it is about 10pm -- and I had a good workout, vision was good all day though after evening thing was a bit bad for a while... This evening I went to a dinner program that was promoting property in Mexico. Interesting. I wonder if some of those pre-fab houses I see from time to time on Facebook would be acceptable there.  In any case we met at the Kings Buffet where you can get a lot a not very good Chinese food. It was more convenient then going to Spaghetti Factory in Sac. 

Political news is worse and worse. I wonder if it would be a good idea to leave it to the Republicans and let them crash and burn themselves.... They might also C and B the country ... but maybe they will get it right somehow. In the meantime -- Democrats must come up with a clear, easy to understand, positive program for the people of our country. It will not be around saving democracy and institutions. That is for wonks. The people have never gotten such things as ... nominations for the Supreme Court and in any case McConnel POWER killed that.

Its the ECONOMY....  it is the price of everything and everything is going up ... with tariffs and illness (bird flu and egg prices). Its the phrase -- are you better off now than you were 2 or 4 years ago? Are the rich not paying enough taxes? The tax thing may or may not be a winner... It might be if it were well understood and presented. What DOES happen as the teirs go up? Here are two simplified examples and the worse one may be real... or is it the better one?

INCOME = 100,000 AND 111,000

TAX RATE = 10 PERCENT ON 100,000 AND 20 PERCENT ON 110,000.

IF THE BREAK CAUSES ALL TO BE TAXED AT RATE ONE SIDE OF THE BREAK OR THE OTHER YOU GET:

10,000 AND 22,000

BUT IF AFTER THE BREAK ONLY THE ADDITIONAL INCOME IS TAXED AT THE HIGHER RATE YOU GET:

10,000 AND 12,000

I wonder.... which is it? I think the Only Additional Income Taxed higher is reasonable and fair and clear. BUT what is the law??? 


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