Archive - Mar 14, 2008 - topic

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The Associated Press

The tax cuts of Bush's first term will expire by 2010.

Featured Topic | Posted 23 weeks 5 days ago

Is a big tax increase coming?

Congress is intent on letting the Bush tax cuts expire, a move that opponents say would lead to the largest tax increase in U.S. history.

The House and the Senate this week both passed non-binding, $3 trillion budget resolutions. Although the plans differ, both would provide generous increases to domestic programs but bring the government's ledger back into the black by letting most or all of President Bush's tax cuts expire at the end of 2010.

Should Congress let the tax cuts expire? Would higher taxes help or hurt the American economy? How will tax increases affect Americans' lives?

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Ben likes: A $3,000-per-household tax increase

Brian M. Riedl/Heritage Foundation

Despite healthy tax revenues and federal spending that tops $25,000 per household, the House Democratic majority has proposed a fiscal year (FY) 2009 federal budget that raises taxes by $1.265 trillion over five years and $3.911 trillion over 10 years, or more than $3,135 per household annually.

The White House has responsibly pledged to veto legislation with tax and spending increases that would follow from these proposals. Congress should start over and write a budget that does not raise taxes on American families or businesses, is in line with the President's spending proposals, and addresses the coming entitlement tsunami. Anything less would likely worsen the economic downturn, make it more difficult for families to make ends meet, and kick serious budget challenges further down the road.

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Joel likes: Tax the rich

Nathan Newman/TPM Cafe

New data from the IRS indicate how much cash the extremely wealthy are making-- and how little they are paying in taxes compared to middle class families. Progressives need to consistently emphasize this reality and the fact that all the priorities we care about-- health care, transit, jobs, energy independence -- can be funded just by making the very wealthy pay their fair share.

With working families paying income taxes, social security taxes, sales taxes, property taxes and other daily taxes, most would be outraged if they focus on the low tax rates paid by those wealthiest taxpayers. The Bush years have been bad for working families in many ways, but the flip side is that the inequality that has been fostered means that there are now easy opportunities to raise revenue in politically painless ways.

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The Associated Press

Pope Benedict XVI is set to visit the United States next month.

Featured Topic | Posted 23 weeks 5 days ago

Should the Pope take U.S. Catholic educators to school?

Are American Catholic schools more American than Catholic? Or are they just independent? After years of Vatican frustration over what it views as the failure of many U.S. Catholic colleges to adhere to church teachings, school leaders are expecting a rebuke from Pope Benedict XVI during his American visit next month.

The pope is scheduled to meet with more than 200 top Catholic school officials from across the country. The gathering will come amid debate over teachings and campus activities that bishops have slammed as violating Catholic doctrine, such as a Georgetown University theologian's questioning whether Jesus offers the only road to salvation and a performance of "The Vagina Monologues" at Notre Dame.

Should U.S. Catholic schools be more catholic? Or should academic freedom trump religion, even at religious schools?

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Ben likes: The problem at Notre Dame

John Mark Reynolds/Scriptorum Daily

Must one allow sin, blasphemy and the celebration of the unholy, to live the examined life? Aquinas did not think so. Socrates did not either. What does the President of Notre Dame know that they did not?

If she wants to engender controversy, Notre Dame could refuse the trendy for the traditional. She could be an alternative place where men and women freely choose chastity, modesty, and dignity. In short, she could be a place where the archaic values of the culture of Catholics in 1963 would receive a hearing, even more radical would be to become a place where Pope Benedict’s ideas and world view were the norm for academic study.

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Joel likes: Theologians at risk?

Richard P. O'Brien/Academe

Is there not perhaps a middle course between the imposition of, and acquiescence in, mandates, on the one hand, and outright indifference or open defiance by faculty and administration alike, on the other? There is, and it is being followed already in such leading Catholic universities as Notre Dame and Boston College and in so many other Catholic institutions like them.

Catholic higher education in the United States has not been a failure, and it is not in danger of becoming so. Nor is it in danger of losing its Catholic soul. It has produced the best educated laity in the entire history of the Catholic Church. The Catholic Church in the United States is a more spiritually vibrant and faith-full church because of this high level and quality of education.

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French Fries
Flickr user bunchofpants

Will they be healthier?

Featured Topic | Posted 23 weeks 5 days ago

Banned in Boston: Trans fats

Put down that french fry.

Boston health regulators this week approved a ban on artery-clogging trans fat in restaurants and grocery stores, similar to a ban instituted in New York City. The first phase of the ban goes into effect in September and will apply to the use of cooking oils, shortening and margarine that contains artificial trans fat. The makers of baked goods will have a year to eliminate trans fat from their products.

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Ben likes: Anatomy of a scare

Elizabeth M. Whelan/The American

The New York City Health Department's regulatory move appears to mark the first time a health agency has taken action against safe, legal foods -- in this case, certain margarines and cooking oils -- instead of disease-causing organisms. The regulatory demonization of trans fats and the underlying "trans-fat-phobia" reveal a good deal about how the media and consumers react to a health scare, how scientists respond (or do not), and what lies ahead for other food ingredients.

Most of the trans fats in our diet are derived from man-made partially hydrogenated vegetable oil (trans fats also occur naturally in beef, lamb, and dairy products). In recent years, trans fats have accounted for about 3-4 percent of our total calorie intake, but given the food industry's race to get trans fats out of many foods, the percentage of our total calories today that is trans fats is probably more like 1-2 percent.

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Joel likes: Big Apple no longer Fat City

Q&A with Marion Nestle/Salon

This is a situation in which you have a demonstrably harmful substance that eliminating will make absolutely no difference whatsoever to anybody's experience. Why wouldn't the city want to get rid of something that's harmful? It won't taste any different. It won't cost any more. Nobody will notice it.

People have to wear seat belts. You can't smoke on airplanes. This is in the same category, but this is one that nobody is going to notice. Because it makes absolutely no difference, except to health. And it's the best kind of public health intervention, because it's one that people don't have to think about.

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