Saturday, May 3, 2014

Thom Hartmann: Video: Our Tax System is Up-Side-Down!

This post was originally posted at The New Democrat on Blogger

Thom Hartmann says that he makes his living by producing services for the general public through his talk shows and writings, whereas investors like Mitt Romney make their money by investing in other companies.  When those companies do well, so does Mitt.  When they lose, so does Mitt, the differences between producing and investing.

I wouldn't go as far as Mr. Hartmann here and tax all rich people at ninety-percent. If you want people, to be doctors, lawyers, accountants, mechanics, business people etc., to be productive and successful then you shouldn't discourage them from being successful.  You shouldn't tax the hell out of them simply because they are successful.  I prefer taxation by the income you spend rather than the income you earn.

CBS Sports: Video: Inside College Football: New Playoff Structure

This post was originally posted at The New Democrat on Blogger

Like marijuana decriminalization in Maryland, this is a step in the right direction. I would go even further with the six main FBS conference champions in college football automatically making the playoffs and have a six team playoff.  Perhaps that will be the next step, five years from now,  having a real playoff tournament to decide the FBS national college football champion of 12-13 teams, with the major conference champions and six wildcards.  This first step is better than the current system of just two teams.