Politics & Government - 8 November 2007

Looking for some legal clarification on why or how a company may sue for reselling of its goods?

2007-11-08 06:32:36 · 10 answers · asked by GreboGuru 2 in Law & Ethics

I'm leaving for Iraq in a few months and I want to get my mom a gun for home protection while i'm gone. My mom is about 5'4 and not exactly very strong so she can't really handle something like a Desert Eagle but is there something that's reasonably easy to handle yet lightweight that I can look up for her? Thanks

I realize I asked this in the military section, but I assumed that the people in this section may have more experience with firearms than anybody answering in the other categories..

2007-11-08 06:32:24 · 15 answers · asked by arkainisofphoenix 3 in Military

2007-11-08 06:32:05 · 13 answers · asked by Billy j 1 in Other - Politics & Government

If God wanted a line in the sand would he not put it there. Americans belive there is a line along the northern section of Mexico and pretend it is a great sin if a Latino would decide to cross it .even though the land beyond it rightfully belongs to Mexico . but that is another story.

should americans be more concerned with the people that are illegal in Gods eyes. such as gays who do not live like the bible says or jews that are responsable for killing jesus or the minute men who kill people ?

2007-11-08 06:31:20 · 51 answers · asked by Anonymous in Immigration

Just answer with a yes or no and why.

2007-11-08 06:30:04 · 12 answers · asked by Paola123 1 in Immigration

2007-11-08 06:29:42 · 9 answers · asked by saveusfromhumanism 1 in Politics

I’m doing an article for the high school newspaper and was wondering, what do you think are going to be the major issues discussed in the 2008 presidential election?

2007-11-08 06:28:56 · 9 answers · asked by chris hickey 2 in Elections

"Military men are just dumb stupid animals to be used as pawns in foreign policy"

In light of this statement, do you think it's right that he is now advising Bush and Cheney on the Iraq war?

2007-11-08 06:28:46 · 9 answers · asked by Anonymous in Military

House Ways and Means Chairman Charlie Rangel (D., N.Y.) is a powerful man. When he makes the rules, Congress usually sticks to them.

Those rules now include “Pay-Go,” short for “pay-as-you-go.” This is something Democrats promised last year in their successful campaign to retake the Congress. The idea is that every increase in entitlement spending and every cut in taxes must be offset by a spending cut or a tax increase. Congress already spends lots of money it doesn’t have, but the concept here is that they can’t spend additional money they don’t have unless they can find additional revenue or savings somewhere else.

We’re seeing now what that means for fixing the Alternative Minimum Tax. In order to prevent this “tax on the wealthiest” from ensnaring 23 million American families, Pay-Go would force Democrats to raise other taxes to make up for the “lost” revenue.

But what if Rangel were to propose a tax increase that will actually reduce federal revenue? Would that tax increase still count as an offset against the future social spending programs that Democrats envision?

The answer is yes, and it isn’t a theoretical question. As part of his so-called “Mother of All Tax Increases” (H.R. 3970), Rangel would hike the capital gains tax rate by 63 percent. This will severely depress financial markets and almost certainly lose money for the government at the same time. And because Congress’s Joint Tax Committee and the Congressional Budget Office do not consider how taxes affect human behavior, it will count this tax increase as a positive instead of a negative.

The capital gains tax applies to earnings from the sale of investments that appreciate in price. When you buy a stock at $1, for example, and sell it a year later for $10, you pay this tax on your $9 gain. Rangel wants to boost that tax immediately from 15 percent to 19.6 percent, and then let it rise by five more points in 2011, when President Bush’s tax cuts expire.

The capital gains tax has a very direct effect on investors’ decisions because it hits so near to their activity in the market. It represents an extra transaction cost for each profitable sale of an investment. If it is very high, the tax tends to discourage investors from swapping out of mediocre investments into better ones unless they are guaranteed a very high return in advance. It distorts the markets by making tax-exempt bonds appear to be a more attractive investment than they would be otherwise.

This is not just theory — it has been demonstrated conclusively each time the capital gains tax has been raised or lowered. The capital gains tax offers uncontroversial proof that incentives really do matter in tax policy — a staple of supply-side thinking. For thirty years, each time the capital gains tax has been cut, its revenues have increased as investors have taken the opportunity to buy and sell more freely. When it has been raised, revenues have declined.


By 2011, Democrats plan to raise the capital gains rate from 15 percent to 24.6 percent. That would represent a 63-percent increase on the tax cost of every investment transaction — definitely large enough to begin affecting the decisions of the large financial institutions that control most of the stocks bought and sold each day. This could crush shareholder value for everyone — including the little guy. In some cases, it will encourage investors to stick with mediocre investments when their money could be getting more return and contributing more to the economy elsewhere.

Historically, capital-gains-tax hikes have meant less in tax collections, and less revenue for the government. Yet because they use what is called “static analysis,” Rangel’s congressional accountants will certify — contrary to fact — that a 63-percent increase in the capital-gains rate will translate to a corresponding increase in capital gains revenues.

The tax hike will also hurt a lot of people. It would be easy to dismiss a capital-gains-tax hike as something that only affects the wealthy, but this is false in a day when 92 million Americans’ financial fortunes and retirement plans are tied to the stock market, and millions more own investment properties.

Rangel’s tax hike, along with a much-feared pick-up of inflation, could constitute a one-two punch to your financial gut. The U.S. Department of the Treasury does not collect the capital-gains tax based on an investment’s inflation-adjusted or “real” value — you have to pay taxes on the inflation, too. Let’s say your $10,000 investment from 2000 only kept pace with inflation and was worth $11,708 in 2006. If you sold it at that price, you still paid taxes on that false “gain.” Under current law, the tax bill would have been $265. Rangel’s tax hike, once both stages are complete, would make you pay $420 just to recover your own money.

This is what “Pay-Go” means for you. Whether you have an IRA, a 401(k) or a little account on TD Ameritrade, you are going to lose a lot of money so that Democrats can balance congressional revenue and spending at the bottom of a blank page full of false information.

2007-11-08 06:27:06 · 10 answers · asked by mission_viejo_california 2 in Politics

A friend of mine was told by her lawyer that a creditor has 5 years to try to collect on a debt, after that they are no longer able to take action legally.

2007-11-08 06:24:38 · 3 answers · asked by greg_lang2006 1 in Law & Ethics

2007-11-08 06:22:56 · 31 answers · asked by ameeker 3 in Other - Politics & Government

2007-11-08 06:21:43 · 10 answers · asked by Robin C 2 in Law Enforcement & Police

Why do you think the Power to Tax and the Power to Borrow money was given to Congress? WHy not one of the other branches?

2007-11-08 06:21:28 · 1 answers · asked by Anonymous in Government

I am walking down the street the police stop me and durring the conversation they order me to empty my pockets

Do I have a reasonable privacy for the contents of my pockets - obviously not in clear sight

What expectation of privacy should I expect for my snail mail email telephone conversations banking etc

What would you consider probable cause to issue a warrent for those things

2007-11-08 06:20:10 · 2 answers · asked by Anonymous in Law & Ethics

2007-11-08 06:19:58 · 18 answers · asked by Anonymous in Politics

Is there a website?

2007-11-08 06:18:56 · 8 answers · asked by hey dude 2 in Government

2007-11-08 06:17:59 · 11 answers · asked by Anonymous in Politics

2007-11-08 06:17:44 · 8 answers · asked by Sherkhan Fu Chuan 4 in Politics

2007-11-08 06:16:15 · 15 answers · asked by Dr. Ray Langston 4 in Politics

http://media.newsbusters.org/stories/weather-channel-founder-global-warming-greatest-scam-history.html?q=blogs/noel-sheppard/2007/11/07/weather-channel-founder-global-warming-greatest-scam-history

2007-11-08 06:14:05 · 15 answers · asked by Anonymous in Politics

2007-11-08 06:13:22 · 22 answers · asked by Anonymous in Politics

I admit I'm ignorant on the subject and would like to be enlightened.

After reading all the answers posted to a question about illegal immigrants, I was overwhelmed by the amount of these responses: "They should just come here legally."

Okay... so what exactly does that entail? How long of a process is that? Is it extremely difficult? Can anyone come into the United States?

So... how can someone legally enter the United States?

2007-11-08 06:13:02 · 12 answers · asked by Anonymous in Immigration

What is the most valuable language for the military? I'm thinking Farsi?

I am learning German now (out of French, German, or Spanish)

What WILL be the most valuable language for the military in 5-10 years? (I know that no one can know for sure, so educated guesses please!)

2007-11-08 06:12:31 · 12 answers · asked by Anonymous in Military

This is the only explanation, after all any Democrat who disagrees with Bush on any issue clearly wants the terrorists to win so does the same go for Republicans?

2007-11-08 06:11:59 · 13 answers · asked by Anonymous in Politics

Does it look like a crescent and star (i.e. the world's largest mosque) to you?

If so, why does the national park service allow this to happen?

http://www.errortheory.blogspot.com/
http://www.wnd.com/news/article.asp?ARTICLE_ID=58562

2007-11-08 06:06:35 · 2 answers · asked by Anonymous in Government

1. WarMongering Neocons Removing Brutal Dictatorships

2. Liberal Socialists trying to turn us into Cuba with free Healthcare, Free this, Free that....

3. Ultra Left Conspiracy College Students being TAZARED at John Kerry Town Hall events.

4. Radical Islam

2007-11-08 06:06:02 · 40 answers · asked by PNAC ~ Penelope 4 in Politics

What is a good wage in the US, the job im getting is $44000 before tax. Thanks

2007-11-08 05:58:21 · 22 answers · asked by billythekid 3 in Immigration

they think nothing of protecting child molestors by passing them from parish to parish but they suspend a priest for stalking an adult? i know it's not as black and white as that, but tell me, how screwed up are these people that they think so little of children?

2007-11-08 05:53:03 · 1 answers · asked by Brian S 5 in Law & Ethics

Would you vote for him? Why or why not.

2007-11-08 05:53:00 · 20 answers · asked by MV_YANK 2 in Elections

2007-11-08 05:51:24 · 14 answers · asked by Big Paesano 4 in Politics