2004-11-18
the administration plans to push major amendments that would shield interest, dividends and capitals gains from taxation,
The changes are meant to be revenue-neutral. To pay for them, the administration is considering eliminating the deduction of state and local taxes on federal income tax returns and scrapping the business tax deduction for employer-provided health insurance, the advisers saidBush to the nation, then: "Oh, I'm sorry, you're not rich? Then the next four years are going to be rather bad for you. Hey, middle and working classes! Bite Me! Hahaha, I still can't believe you fell for it!" Meanwhile, the fox hunt gang are so incensed with the undemocratic nature of the fox hunting ban that they're prepared to launch an all-out assault on one of the most important parts of our parliamentary democracy. Yes, they're so concerned about tearing foxes to pieces that they want to declare the Parliament Act illegal, and thus allow us to be governed by an unelected chamber. Hurrah! (Okay, technically, it's just the 1949 amendment to the 1911 act, but the point stands. If the Parliament Act of 1911 is valid, then surely any law passed with it is also valid, including amendments to the original. Of course, I am not a lawyer, but I am seriously annoyed that it's people from my town who are going to do this…)