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   Dan Savage, the brilliant and foul-mouthed sex columnist, has become one of the most important ethicists in America. Are we screwed?
 The federal government is supposed to issue new rules about debt levels for students in for-profit colleges. In the meantime, the states are working on their own regulations.
 Washingtons budget hawks want to decimate the federal workforce to shrink the deficit. It will have the opposite effect.
 There arent nearly enough counterterrorism experts to instruct all of Americas police. So we got these guys instead.
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January 30, 2003
By: $45 IN TAXES FOR A FAMILY OF FOUR EARNING $40,000?....Jesse says today:
The thing is, Bush's claim is probably true (or pretty close to true). A family of four with an income of $40,000 only pays about $1200 in federal income taxes, and part of Bush's plan is an increase of $400 in the child tax credit and removal of the marriage penalty. I don't know for sure if this would reduce their tax liability to $45, but it comes pretty darn close. They still have to pay sales taxes and property taxes and excise taxes, of course, but in terms of federal income tax, Bush's claim is pretty much correct. (Oh, and if you're single and have no kids well, you're pretty much out of luck. But that's what we get for electing a "family values" president: if you have no family, you get no value. Tough luck.) —Kevin Drum 9:09 AM Permalink | Trackbacks
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