Posts Tagged ‘common kingsnake’

In the Pink

April 21, 2017

Palo verdes are still flowering, but the desert ironwood (top) that I pass every day on my way to work or the Y is in gorgeous bloom.  And the almost-dead desert willow in my side yard, which I severely trimmed, with the help of my son-in-law and his chainsaw, is in bloom, although not as dramatic.

Critters

I love the view from my computer.

A common kingsnake just glided along my fence, on the inside.  Don’t know how it got in, but it kept testing the welded wire along the fence, so I figured it wanted to get out.  Opened the gate and edged it along with a rake handle.  It then slithered away into the desert in those S-shaped curves.  By the 4½ inches  between the posts, it appeared to be three feet long.

Yesterday it was a bobcat, a wriggling quail in its mouth, which stopped at my fence to peer in.  I did not go outside to take these photos, as it would have disappeared.  (The snake just became stationary.)  I had thought a couple of quail had nested under a huge Texas ranger in the side yard a week ago, as whenever I went out the gate, in a rapid flurry, one flew out.  But the next day it didn’t happen, and there were a few feathers about.  I couldn’t figure what had gotten the bird until I saw the bobcat.  It could have easily jumped the fence.

Taxes

I got some money back on my taxes – enough to pay the accountant!

But let’s consider tax reform.  How about if we had no deductions? (This list mostly from Five Tax Deductions that Favor the Rich1.)  No charitable-giving deduction.  If you want to give your Picasso to the art museum, do it, just don’t deduct it.  Same goes for your church, or UNICEF, or your kid’s school.  If you believe in it, donate to it.  (Bill and Melinda Gates do, although they have gotten a small tax break, they could probably do find without it.  From 1994 to 2006, Bill and Melinda gave the foundation more than $26 billion. Those donations resulted in a tax savings of less than 8.3 percent of the contributions they made over that time.2) Long-term capital gains, which derive from the sale of investments such as stocks and bonds held for more than a year, are taxed at 15 percent.  They should be taxed as part of your income.  Eliminate the mortgage interest deduction, which encourages people to scrape more of our biome (a large naturally occurring community of flora and fauna occupying a major habitat) to build large houses, thus making our earth less habitable.  No deductions for children.  If people want to have children, they should pay for them.  The government already provides schools.  No deduction for yourself or whomever you care for, as head of household.

No

  • State sales taxes. …
  • Reinvested dividends. …
  • Out-of-pocket charitable contributions. …
  • Student loan interest paid by Mom and Dad. …
  • Moving expense to take first job. …
  • Child and Dependent Care Tax Credit. …
  • Earned Income Tax Credit (EITC) …
  • State tax you paid last spring. …
  • Refinancing mortgage points. …
  • Jury pay paid to employer. …3

(I don’t consider tax-deferred retirement plans a deduction, as you end up having to pay tax on the money when you take it out.)

Then everyone who makes at least $31,200 (52 weeks of 40 hours at a logical minimum age of $15/ hr, married or not, old or young, dependents or not) pays 20%.

So for Trump’s 2005 return where

According to the Form 1040, Mr. Trump paid $36.6 million in federal income taxes on $152.7 million in reported income in 2005, or 24 percent…  Significantly helping matters back in 2005 was the fact he reported a $103.2 million loss that year…4

Without his deduction of losses, he’d pay on $152.7M + $103.2M = $255.9M, of which 20% is $51.18M.

Sure, that would hurt me.  I’d be paying almost 4 times what I paid, as an old person with deductions.  (But I wouldn’t have to pay an accountant.)  However, if that happened to everyone, we could take a bite out of the national debt, which is presently $20.1 trillion5.  Kay Bell in 8 tax breaks that cost Uncle Sam big money says that there’s a $4 trillion giveaway in tax breaks.6

I have a feeling that most of my friends will disagree with this proposal…

1http://www.foxbusiness.com/features/2011/12/07/five-tax-deductions-that-favor-rich.html
2http://www.gatesfoundation.org/Who-We-Are/General-Information/Foundation-FAQ
3https://turbotax.intuit.com/tax-tools/tax-tips/Tax-Deductions-and-Credits/The-10-Most-Overlooked-Tax-Deductions/INF12062.html
4http://www.cbsnews.com/news/trumps-tax-return-leaked-rachel-maddow-what-accountants-think-alternative-minimum-tax/
5https://www.google.com/search?q=national+debt+today.&ie=utf-8&oe=utf-8
6http://www.bankrate.com/finance/taxes/8-tax-breaks-cost-uncle-sam-big-money-1.aspx#ixzz4eqKyTARS