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The House has passed the economic bailout bill 263 to 171

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11–20 of 77 posts

Re: The House has passed the economic bailout bill 263 to 171

#11
post #10
post #8

Pitckfork: $10 Torch: $15 Freedom: Priceless P.S. This is a joke...

Torches are one copper piece which is much less than a pitchfork.

'use skill create torch' when in the outer-world, dumbass. Save your money in ING.

Re: The House has passed the economic bailout bill 263 to 171

#12
post #9

What's the main difference between this bill and the one that was rejected last week? Is it just the pork offerings including a tax credit for racetrack owners and makers of wooden toy arrows?

Goldman Sachs and Warren Buffet most likely bought billions in toxic assets during this week to sell for up to double the price to the taxpayer.

Re: The House has passed the economic bailout bill 263 to 171

#13
post #10

Earlier quoted context omitted.

Torches are one copper piece which is much less than a pitchfork.

'use skill create torch' when in the outer-world, dumbass. Save your money in ING.

Don't flame me, I have a torch, with umm a big flame. Hah! waves torch menacingly

Re: The House has passed the economic bailout bill 263 to 171

#15
post #9

What's the main difference between this bill and the one that was rejected last week? Is it just the pork offerings including a tax credit for racetrack owners and makers of wooden toy arrows?

The arrow thing is popular with pork pokers, but what it is doing is correcting an accidentally applied tax.

In 2004 there was a small $0.39 excise tax levied on weapons. Unfortunately, $0.30 target arrows are considered weapons under the law so they got a 130% tax accidentally levied on them.

Any politician or journalist that grouses about arrow makers getting special handouts is either uninformed or attempting to deceive you. I recommend you ignore them as a source of future information.

Re: The House has passed the economic bailout bill 263 to 171

#16
post #12
post #9

What's the main difference between this bill and the one that was rejected last week? Is it just the pork offerings including a tax credit for racetrack owners and makers of wooden toy arrows?

Goldman Sachs and Warren Buffet most likely bought billions in toxic assets during this week to sell for up to double the price to the taxpayer.

You don't really know much about Warren Buffet. He is famous for paying unusually high taxes compared to his peers because he thinks it is the right thing for people in his position to do.

Re: The House has passed the economic bailout bill 263 to 171

#17
post #15
post #9

What's the main difference between this bill and the one that was rejected last week? Is it just the pork offerings including a tax credit for racetrack owners and makers of wooden toy arrows?

The arrow thing is popular with pork pokers, but what it is doing is correcting an accidentally applied tax. In 2004 there was a small $0.39 excise tax levied on weapons. Unfortunately, $0.30 target arrows are considered weapons under the law so they got a 130% tax accidentally levied on them. Any politician or journalist that grouses about arrow makers getting special handouts is either uninformed or attempting to d…

i wish there were wikipedia style discuss pages for legislation. especially for things like this.

Re: The House has passed the economic bailout bill 263 to 171

#18
post #17
post #15

Earlier quoted context omitted.

The arrow thing is popular with pork pokers, but what it is doing is correcting an accidentally applied tax. In 2004 there was a small $0.39 excise tax levied on weapons. Unfortunately, $0.30 target arrows are considered weapons under the law so they got a 130% tax accidentally levied on them. Any politician or journalist that grouses about arrow makers getting special handouts is either uninformed or attempting to d…

i wish there were wikipedia style discuss pages for legislation. especially for things like this.

That's my 'when I get distracted from real work' side project :)

Re: The House has passed the economic bailout bill 263 to 171

#19
post #15
post #9

What's the main difference between this bill and the one that was rejected last week? Is it just the pork offerings including a tax credit for racetrack owners and makers of wooden toy arrows?

The arrow thing is popular with pork pokers, but what it is doing is correcting an accidentally applied tax. In 2004 there was a small $0.39 excise tax levied on weapons. Unfortunately, $0.30 target arrows are considered weapons under the law so they got a 130% tax accidentally levied on them. Any politician or journalist that grouses about arrow makers getting special handouts is either uninformed or attempting to d…

I don't know the details of the bill, but wouldn't it have been better to reclassify the target arrows as non-weapons then? This way, the accidental tax would no longer apply.

Re: The House has passed the economic bailout bill 263 to 171

#20
post #9

What's the main difference between this bill and the one that was rejected last week? Is it just the pork offerings including a tax credit for racetrack owners and makers of wooden toy arrows?

Well actually, the bailout is what was tacked-on to a tax bill. That makes it $700 billion in pork!
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