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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (4933)	1/15/2009 12:34:10 AM
From: DuckTapeSunroof	Respond to of 103300

... a recommendation from Sam Dealey at U.S. News that the tax code is not only too complicated but is interfering with our national productivity. Citing statistics from the Nina Olson, the national taxpayer advocate at the IRS, he points out that: * Americans spend 7.6 billion hours annually trying to figure out their federal taxes. Working eight-hour days, five days a week, 50 weeks a year, that’s the equivalent of 3.8 million full-time workers. * At the average hourly wage of $27.54, that tax-preparation time amounts to $193 billion, or 14 percent of aggregate income tax receipts. * A staggering 60 percent of individual taxpayers are so bewildered by the tax code that they hire outside preparers. An additional 22 percent buy computer software. The bottom line: Paring the tax code’s 3.7 million words to something comprehensible would effectively return money to the taxpayer at no “cost” to the government. Individual taxpayers could do something else with their time, the small-business owner could concentrate on creating income, and the IRS (and, consequently, the taxpayer again) could spend less money on compliance and enforcement. Heck, taken all together, tax receipts from a simplified tax system might actually rise. Maybe Tim Geithner and Charlie Rangel might find common ground on a simpler tax code. foxforum.blogs.foxnews.com

To: DuckTapeSunroof who wrote (4933)	1/15/2009 12:35:55 AM
From: DuckTapeSunroof	1 Recommendation Respond to of 103300

GOP's Graham cites worldwide good will for Obama By JENNIFER LOVEN – 2 hours ago WASHINGTON (AP) — A confidant of the man Barack Obama defeated in November said Wednesday that the president-elect has earned enormous global good will and "a moment in time" to re-engage other nations with the United States. The assessment by Sen. Lindsey Graham, R-S.C., was noteworthy because he is a conservative Republican and one of Sen. John McCain's closest friends. Graham campaigned vigorously against Obama in last year's presidential race. Noting himself that he had been "one of the chief opponents" of Obama, Graham pronounced himself now "very pleased" with the president-elect's attitude and policies toward the countries they visited.... google.com