"Double taxation" by Tom, the Dancing Bug. Proof once again that if I put off saying something I want to say, someone else will eventually do it for me. Money is always taxed when it changes hands; this concept that the transactions between the very wealthy (like transferring millions to your heirs or being paid dividends) is some kind of "double taxation" is ridiculous. Even if you buy the argument that shareholders "own" the company's profits, the shareholders are not taxed on that income until they receive it as dividends. This is the kind of logic the Bushies are using to turn what should have been a $891 billion surplus between 2004 and 2013 into a $1.82 trillion deficit, and that's not counting the cost of taking over Iraq.
[Life and Deathrage]

5:53:59 PM  What do you think? ( Thoughts) Who linked? []   

'Down and Out in the Magic Kingdom': After the Advent of the Bitchun Society. In Cory Doctorow's science fiction novel set in Disney World, death is a thing of the past. By Taylor Antrim. [New York Times: Books]

I enjoyed Cory's book. I read it for free and then bought it. I liked it a lot...

8:44:43 AM  What do you think? ( Thoughts) Who linked? []