Thursday, January 10, 2013

TheDC Morning

Daily Caller
January 10, 2013

 

 






 
By: Jamie Weinstein

BREAKING: The tax code sucks -- Cuomo's gun control --  How to question a Hagel -- Sticking it to the sticky-fingered knuckleheads -- Tweet of Yesterday -- Today in North Korean News
1.) BREAKING: The tax code sucks  -- Here's something that probably won't shock 90 percent of you: The tax code is pretty complicated. The Daily Caller News Foundation's Betsi Fores reports:

"A report from the IRS’ own taxpayer advocate has found that the tax code is apparently too complicated for many ordinary filers. Nine of 10 Americans rely on outside services to prepare their tax returns — 60 percent of taxpayers hire paid professionals, while the other 30 percent rely on software products. In total, it takes U.S. taxpayers — including both individuals and businesses — more than 6.1 million hours to complete their tax filings. ... [National Taxpayer Advocate Nina] Olson estimates that it cost individuals and corporate taxpayers $168 billion to comply with the tax code in 2010."

Just to put $168 billion dollars in context: It's about double the amount of money President Obama's original proposal to raise taxes on those making more than $250,000 would have brought in per year. Let's just call the tax code the H&R Block stimulus.
2.) Cuomo's gun control -- New York Gov. Andrew Cuomo is laying down the gun law, TheDC's Alexis Levinson reports:

"As the gun control debate rages, New York Gov. Andrew Cuomo called for the state to enact the 'toughest assault weapon ban in the nation' in his State of the State address Wednesday afternoon. ... Cuomo said gun policy should focus on limiting access to assault rifles and high-capacity magazine. ... He also called for federal background checks on private gun sales, the banning of high capacity magazines, enacting tougher penalties for illegal gun use, preventing the mentally ill from getting access to guns, and banning 'direct Internet sales' of ammunition to New York residents."
3.) How to question a Hagel -- President Obama has laid the ground work for the political event of the season by nominating Chuck Hagel to be his next defense secretary. At his nomination hearing, Hagel will certainly face a barrage of tough queries. TheDC's Jamie Weinstein comes up with 10 that should be asked. Among them:

"In a 1998 interview, Sen. Hagel, you seemed to rationalize Palestinian terror against Israel when you said, "Desperate men do desperate things when you take hope away. And that’s where the Palestinians are today.” But study after study has shown that terrorists -- in the Palestinian territories and elsewhere -- are generally both better educated and wealthier than their neighbors. In other words, they are among the least desperate people in their societies. Do you have evidence that suggests otherwise? And following your logic, do you believe the suicide terrorists who attacked America on 9/11 were acting out of desperation? Mohammad Atta, the leader of the 9/11 hijackers, was a middle class Egyptian studying architecture in Germany. What made him particularly desperate?"

See the rest. No, really. Do it. Now.
4.) Sticking it to the sticky-fingered knuckleheads -- TheDC's Matt Labash supports the H&R Block stimulus. What? Let him explain:

"While I salute Mr. Depardieu’s one-man tax revolt, I tend to break with Mark Levin, or at least with his stand-in. Yes, it’d be nice if our tax code wasn’t 70 thousand pages. Yes, it would be great if we had a 13 percent flat tax. But with the current climate of rapacity – both Obama’s and Congress’s apparent conviction that what’s yours is theirs, that the only way we can grow wealth and cover our profligate tabs is to pick your pockets in ways big and small – I maintain that a complicated tax code with lots of loopholes and exemptions is the only hedge we currently have against these sticky-fingered knuckleheads. Plus, at least we’re creating more wealth for our accountants. Somebody ought to promote job growth, since the government sure seems to have no interest in it."
5.) Tweet of Yesterday -- Eric Trager: You're unaware of the nuclear issue? MT @shadihamid: Egyptians ask: why are you guys so obsessed w/Iran? I don't usually have a good answer.
6.) Today in North Korean News -- BREAKING: "Bonfire Meeting of Those Engaged in Construction of Power Station Held"
PHOTO: The horrible new signature that could soon appear on our money

 
 
 
 

HOLD YOUR FIRE! -- White House petition asks Obama to shun gun-control executive orders

Study: Abortion legalization increased demand for pets in the US  -- The working paper suggests a 'substitutable property of pets for children'

Bright blue Colorado government prepares to tackle gay rights, gun control -- Ousted representative: 'Republicans always have to come back and fix what the Democrats have screwed up'
 

ANN COULTER: Doing the research the New York Times won't -- Elisabeth Rosenthal's recent Times column on gun control is full of errors.

MARK CALABRIA: Minting a $1 trillion distraction -- A trillion-dollar platinum coin won't fix Washington's problems.

HESTER PEIRCE: Dodd-Frank's 10 biggest omissions -- A list of some of the things the Dodd-Frank financial reform should have done, but didn't.

REBECCAH HEINRICHS: Four questions for Chuck Hagel on nuclear weapons -- Hagel is the co-author of a recent report calling for steep cuts to the US nuclear arsenal.

GRAY DELANY: Virginia's gubernatorial race -- Four things to watch -- Republican Ken Cuccinelli will face Democrat Terry McAuliffe in this fall's election.
 
 

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