Syte Reitz

The hand that rocks the cradle rules the world…….

Browsing Posts published in November, 2011

Taxing the Rich

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Thou Shalt Not Kill Thy Neighbor’s Cow

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Does President Obama Know How to Count?

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Brainstorming for a title for my article on the merits of  “taxing the rich,” I stumbled across an article entitled “Killing Your Neighbor’s Cow: The Defining Sin or Our Times.” The relevancy of this concept to my article was so striking that I borrowed it.  I am grateful to Charles Colson of Catholic Exchange for his perceptive article, which is well worth reading.  (We’ll get to the cow later. Or scroll down.)

US and China Deficits

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Outlining the Problem

  • The US has a two-pronged financial problem; an annual deficit, and an accumulated debt.
  • Obviously we must find solutions to the problem.
  • Continued borrowing is destabilizing our international status and our economy.
  • Our national debt is 34 times higher than China’s.
  • We must stop spending or find a new source of income.
  • Political leaders like Wisconsin’s Governor Walker try to reduce spending and are vilified and threatened with recall.
  • Political leaders like President Obama try to find new sources of tax income with popular slogans like “tax the rich,” a concept which, not surprisingly, seems to have much public appeal.  The concept of dipping into Scrooge McDuck’s seemingly limitless wealth is, on the surface, quite attractive.

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Is “Tax the Rich” a Realistic Solution to the Problem?

Scrooge McDuck

Kevin D. Williamson analyzed the possibilities regarding taxing the rich in the United States in his National Review Online Article

Define the goal:
National Debt: 15 trillion  ($15,000,000,000,000)
Yearly Deficit: 1.3 trillion ($1,300,000,000,000)

Define the rich:
Definition A:  households earning $250,000 ($250K)
Definition B: households earning $1,000,000 ($1 million)

The “Rich” as Those Who Earn $250K Annually

There are 2.2 million households in the US earning more than $250K.  To raise enough money to wipe out the annual deficit of 1.3 trillion, each of these households would have to pay $600K per year ( more than twice their entire income). continue reading…

Wisconsin State Capitol

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UPDATE: View the November 16, 2011 Assembly Committee on Education hearing HERE.

UPDATE: Notice has just gone out on November 9, 2011, that the Assembly Committee on Education will be hearing testimony on SB 237 on November 16, 2011. In the Assembly, the bill will be called  Assembly Bill 337, AB 337) .  It is not yet clear when the Assembly will be voting on this sex ed bill which was passed by the Senate.

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SB 237 Passed in the Senate

Wisconsin’s Senate Bill 237 (SB 237), the Strong Communities and Healthy Kids Act, was passed by Wisconsin’s Senate on Wednesday, Oct 26, 2011.
The bill was passed by a narrow margin, with 17 Republicans voting for SB 237 and 16 Democrats voting against.

The purpose of the bill was to reverse the very liberal “Healthy Youth Act” passed in 2010, which required a uniform sex ed program across all of Wisconsin (designed by Planned Parenthood) which underplayed abstinence and required the teaching graphic of sexual material to young children.
SB 237 still allows liberal communities to continue teaching the permissive and graphic material, but no longer requires ALL Wisconsin communities to teach this material.  Under SB 237, each community is permitted to create its own standards, but must teach that abstinence is the only completely reliable preventative for STDs and pregnancy.

The Center for Disease Control (CDC) cites abstinence as the only completely reliable preventative for STDs and for pregnancy.

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What do Americans and Wisconsinites want?

In the U.S., 26 States have CONSERVATIVE sex ed laws, similar to SB 237, requiring that abstinence be taught in sex ed programs as the favored means of avoiding pregnancy and STDs.  Conversely, 13 States have LIBERAL sex ed laws, similar to last year’s HYA in Wisconsin, which require the graphic teaching of “barrier methods,” such as condom demonstration, in the classroom.  Opponents of the liberal Healthy Youth Act call it the “Un-Healthy Youth Act,” or the “Promoting Promiscuity Act,” because it does not permit emphasizing that abstinence from sexual activity before marriage is the only reliable way to prevent pregnancy and sexually transmitted diseases.  Under HYA, stating the superiority of abstinence would constitute showing bias against sexually active students.

  • So two thirds of States with sex ed laws have conservative laws.
  • Two thirds of American parents and teens favor abstinence before marriage, according to a U.S. Health and Human Services study released by the Obama administration in 2010.
  • Wisconsin, previously more liberal, shifted to a Republican majority in the last election, November, 2010. Recent recall efforts by Democrats failed to upset that conservative majority; hence the creation of SB 237, reflecting more conservative attitudes.  The liberals who have enjoyed a majority in Wisconsin for many years, are very indignant about the shift in power, as evidenced by the March 2011 demonstrations at the Madison Capitol over government employee union privileges, which made national news. continue reading…
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