Timeless Quote – lifted from Neal Boortz’s blog

“We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.”

—Winston Churchill, quoted in the Chicago Daily Herald

Not too far from the truth.

Senate Approves Tax Breaks for Military Personnel

Double Taxation

You can learn some more about the unfair double taxation of corporate income at this site.  They also include a way to send a quick message to your U.S. Senators and Congressperson to voice your opinion on this issue. 

Senate OKs resolution shrinking tax cuts

White House raps vote on tax cut

Let’s hope they continue to fight for the full level of cuts.  Just because the Senate wimped out on this first pass doesn’t mean they can’t be reinstated in the final compromise bill between our rulers in the House and those in the Senate.

Thoughts On Tax-Cuts   

The blogosphere is growing so fast that it’s impossible to avoid circular references among different blogs.  One of the purposes of blogs such as mine is to avoid reinventing the wheel and repeating what others have already written about, which is why hyperlinking to other articles and references is such a powerful tool.  To that end, Donald Luskin has some excellent observations and comments on the current tax cut debate and the underlying thesis of supply side economics.