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It turns out a VAT - a value-added tax - is a very easy tax to collect and a very hard tax to evade. It's a really good idea. It was invented about 60 years ago in France, of course. Because they're so good at taxing. They had a business tax that was easy to evade, and the head of the French IRS invented this value-added tax, which is very hard to evade.
And what exactly is nature walking? It's any and every kind of walking you can do in the natural world. The activity encompasses strolling, striding, sauntering, stepping, treading, tramping, traipsing, traversing, rambling, roving, roaming, racewalking, hiking, meandering, wandering, wending, pacing, peregrinating, perambulating ... in natural surroundings.
The theory of government I was taught says that government provides benefits, primarily security, to the entire population. In return we pay taxes. But lately the government has been a distributor of special privileges, taking money from some and giving it to others. America is now about evenly split between those who pay income taxes and those who consume them.
I was very surprised Barack Obama called Donald Trump "unfit to serve" during a press conference with the prime minister of Singapore. That is the sort of full-weight-of-the-presidency thing that I don't necessarily expect from Obama. So, why did he do it? I think he not only genuinely dislikes Trump but believes Trump would be dangerous as the commander-in-chief.
"When we contemplate the duration of the universe, we see it limited to the present moment, which is nothing more but the point which separates two infinities of time. The past and the future are as meaningless as if they did not exist. Is anyone more misguided than the man who barters an eternal future for a moment which passes quicker than the blink of an eye?."
Americans spend about 6 billion hours a year collecting the data and filling out the forms. We spend $10 billion to H&R Block and other preparers. And on top of that, $2 billion in tax preparation software, which still takes hours of work. It's outrageous the burden we put on people, and guess what, you go to Europe, you go to Japan, it's 15 minutes and costs nothing.
One of the most important responsibilities of leaders in any setting - including business organisations - is to tell us our own story; to explain us to ourselves; to help us weave some meaning and purpose into the fabric of our lives; to illuminate our understanding of where we have come from; to paint word pictures of our future onto which we can project our aspirations.
I thought Donald Trump approach on Brexit was a fascinating window into how he thinks. His basic point was that [David] Cameron should resign because he didn't read the public mood on the issue right. And that Boris Johnson should be the next prime minister because he did. That's a very different definition of leadership than many politicians have. Or at least say they have.
All coming to Jesus has the feeling of homecoming upon it. All going away from Him has the sense of estrangement upon it. The rich young ruler went away from Jesus "sorrowful." Everybody does. Not only estrangement from God, but also estrangement from oneself. And the universe! And from life! You are not at home with life, unless you are at home with Life. And Jesus is Life!
The Value-Added Tax, a sales tax that applies at every level of business transactions, is an easy tax for governments to collect, and a hard tax to evade. So it makes the job of raising revenue easier. The revenues from the VAT can then be used to lower taxes on income and saving and investment. The Value-Added tax doesn't penalize work or saving; it's a tax on buying stuff.
The new naval treaty permits the United States to spend a billion dollars on warships-a sum greater than has been accumulated by all our endowed institutions of learning in their entire history. Unintelligence could go no further! ... In Great Britain, the situation is similar. ... Until the figures are reversed, ... nations deceive themselves as to what they care about most.
President Trump repeatedly says that "America is the highest-taxed country in the world." This is an alternative fact. We pay less in taxes, and our government spends less, as a share of our total wealth, than our counterparts in Western Europe and East Asia. But Trump is right when it comes to corporate tax rates; the U.S. corporate income tax right is among the highest in the world.
I know it sounds old-fashioned to say we're too materialistic in the West, but happiness does not derive exclusively from things, and yet we seem to be structuring our whole society around things. I think that's partially why Westerners are joining ISIS and going to Syria. We have lost our way in the West in holding up a vision for humanity that is not exclusively shaped by materialism.
It was an easy thing to tax for a young country. And then gradually we moved to property taxes, manufacturing taxes, and the income tax was the answer to a populist demand: Let's go after the rich guys. We got into World War I, and they raised the rates and started taxing the rich. Then we got into World War II, and that's when they taxed everybody, because they just needed more revenue.
Reverence, human of the Earth, is the fundamental element of all existence, so it is therefore also the fundamental element of love itself, which is built on this all-embracing reverence. And since this is so in truth, it is also an impossible thing that love, once awakened and built up in truthfulness, can ever weaken again and become cold, or could transform into hate or be annihilated.
A criminal trial is like a Russian novel: it starts with exasperating slowness as the characters are introduced to a jury, then there are complications in the form of minor witnesses, the protagonist finally appears and contradictions arise to produce drama, and finally as both jury and spectators grow weary and confused the pace quickens, reaching its climax in passionate final argument.
For my generation - the "Children of Nixon," as I call us in the book - the Lebanese civil war was an iconic event. Downtown Beirut became a metaphor for so many things: man's inhumanity to man, what Charles Bukowski called "the impossibility of being human." It shaped our perceptions of war and human nature, just as Vietnam did for our parents. We used it to understand how the world works.
We have to remember that at the center of all of this is the hacking, is what the Russians did during our election process, their absolute targeting our democracy. And there's President Donald Trump laughing with them. Sergey Lavrov said they did not talk about the charges against Russia. And you still hear President Trump talking as if this may not be true, others may have hacked, as well.
Being an American journalist can put people on the defensive. In countries where people assume the press is partisan, like in Lebanon, or where it had essentially become an extension of the government, like in Iraq, people tend to see a journalist as an agent of his or her government. That can be dangerous if the United States military is occupying their country, or aligned with their enemies.
Starting in the '80s or so, after the United States sharply cut its rates, other countries decided they better do it too, and here's how you do it: you just wipe out the exemptions, the deductions, the credits, the depreciation allowances. And people complain, "Oh my God, it's terrible," but you give them much lower rates and you give them an easier form to file, and people accept that tradeoff.
If you ask any economist, they'll tell you all the mortgage interest deduction does is raise the price of the house. So a couple is out looking at the house, they say, "Oh, we love this house, but we couldn't make the monthly payment." And the realtor says, "Yeah, but you're going to get a tax break." So people pay more than they would otherwise. You take a loss even though you're making a gain.
I'm optimistic, though. Now, with the Arab Spring, I think that people in the region are beginning to overturn some of these clichés, and Western editors are starting to catch up. We're seeing some exceptions to the stereotypes, like Elizabeth Rubin's great piecein Newsweek, "The Feminists in the Middle of Tahrir Square." But an article like that shouldn't be the exception. It should be the rule.
It's usually much easier for people with professional skills to find work for themselves or even possibly to continue with their old employer, but on a part-time basis. Some labor economists predict that in about five years there will be a labor shortage in the United States and that demand for retirees to work part-time will grow naturally. I don't know if that's true or just wishful predicting.
The issue of the pension gap has got to become visible and important to millions of people before Washington will respond seriously. Right now, everyone thinks it's his or her own problem and that individuals have to do better and save more. Of course, that is true. We all have to save more and take responsibility for our own retirement. But we have a huge social and economic problem on our hands.
You [can] become part of someone else's narrative. Every once in a while I would get people asking me questions like, "If your husband is a Muslim, then why haven't you converted to Islam?" Interestingly enough, almost every person who asked me that was a Sunni, and it was their not-so-subtle way of implying that my Shiite husband was a bad Muslim for letting his infidel wife run around unconverted.
It's probably also smart to keep some money in cash to invest it. But I would resist at all costs taking a lump-sum distribution because the tendency is to spend out too fast in the early years of your retirement. The advice of professionals is to take out no more than 5% per year and that will give you 20 years of distributions, and at your age, 55, you probably have more than 20 years life expectancy.
Social Security is the foundation stone of that kind of retirement security. It not only needs to be strengthened in order to make sure it's there for younger baby boomers and Generations X and Y, but it probably needs to be strengthened and expanded because the retirement benefits now being offered by most employers are not sufficient to support middle-income Americans in their long years of retirement.
I see that I am inwardly fashioned for faith and not for fear. Fear is not my native land; faith is. I am so made that worry and anxiety are sand in the machinery of life; faith is oil. I live better by faith and confidence than by fear and doubt and anxiety. In anxiety and worry my being is gasping for breath - these are not my native air. But in faith and confidence I breath freely - these are my native air.
Statistics are the lifeblood of baseball. In no other sport are so many available and studied so assiduously by participants and fans. Much of the game's appeal, as a conversation piece, lies in the opportunity the fan gets to back up opinions and arguments with convincing figures, and it is entirely possible that more American boys have mastered long division by dealing with batting averages than in any other way.
..the real world's all we've got. Believers in the supernatural claim to have special wisdom about the world. But real wisdom means knowing truth from falsehood, knowing the difference between evidence and wishful thinking. Yes, the real world is mysterious and sometimes frightening. But would the supernatural make it better? The real world has beauty, poetry, love and the joy of honest discovery. Isn't that enough?
Every year, the average American eats as much as 33 pounds of cheese. That's up to 60,000 calories and 3,100 grams of saturated fat. So why do we eat so much cheese? Mainly it's because the government is in cahoots with the processed food industry. And instead of responding in earnest to the health crisis, they've spent the past 30 years getting people to eat more. This is the story of how we ended up doing just that.
Right, because they're looking at also organizing the Sunni tribes up around Mosul to take back that city as well. That's the second largest city in Iraq. That's going to be a very, very tough fight. And the Shia militias were not used in Ramadi, and we're told by the Iraqi generals that they don't want any Shia militias up in Mosul, either, to take back that city. So - but again, that's going to be a very, very tough fight.
Israel is very confusing because it seems to be a Goliath, and in some ways it is, when you look at the tanks versus the Palestinian boy. But deep down, when you look at the big map and the big picture and the big history, we are really a David. We are a David with some megalomaniac ideas who thinks he's huge. But we're not. At the end of the day, Jews as a people are an endangered species. One cannot overlook this dimension.
What outrages me as a representative of journalists is that there's not more outrage about the number, and the brutality, and the cavalier nature of the U.S. military toward the killing of journalists in Iraq....They target and kill journalists ... uh, from other countries, particularly Arab countries like Al -, like Arab news services like Al-Jazeera, for example. They actually target them and blow up their studios with impunity.
But I think what we're coming to grips with is the fact that we actually have a mercenary Army, and it doesn't have a nice ring to it. We call it 'volunteers', but we're basically paying people to serve their country. And if you're going to pay people and have a mercenary Army, you're going to have to pay the market rate. And so the bounties are going up—more money for tuition, higher enlistment bonuses—and I think it's appropriate.
The market performs miracles so routinely that we take it for granted. Supermarkets provide 30,000 choices at rock-bottom prices. We take it for granted that when we stick a piece of plastic in a wall, cash will come out; that when we give the same plastic to a stranger, he will rent us a car, and the next month, Visa will have the accounting correct to the penny. By contrast, "experts" in government can't even count the vote accurately.
If you look at the list of the top wheat importers for 2010, almost half of them are Middle Eastern regimes: Egypt, Algeria, Iraq, Morocco, Yemen, Saudi Arabia, Libya, and Tunisia. Egypt is the number-one importer of wheat in the entire world. Tunisia leads the entire world in per capita wheat consumption. So it's no wonder that the revolutions began with Tunisians waving baguettes in the streets and Egyptians wearing helmets made of bread.
I think it's very important to be able to hear from our public leaders in ways that they can't entirely orchestrate, seeing them speak live and unscripted and take questions that they themselves haven't arranged ahead of time. I think this is a way in which citizens who are deciding what they think of their leaders who govern in their name, this is one of the ways in which they can evaluate how they feel about the quality of the leadership.
[Pope Francis] continued to focus on migrants. He visited the Greek island of Lesbos, which was the front line of the European migrant crisis. And a month later, he accepted a prestigious European Union prize, but he scolded Europe for its treatment of migrants. And in a speech echoing Martin Luther King, he said I have a dream of a Europe where being a migrant is not a crime. So, yeah, he showed he can be quite outspoken on political issues.
In Western Europe, most countries have variations of the lifetime pension system for most workers so they are keeping the system that we are walking away from. By comparison, 50% of the American workforce is not offered any retirement plan by their employers. And of those who are offered a plan, roughly 25% do not choose to join. In other words, everything is voluntary, and that's one of the reasons our results are so perilous for most people.
So much of what we see and hear about the Middle East focuses on what we call politics, which is essentially ideology. But when it comes to the Middle East, and especially the Arab world, simply depicting people as human beings is the most political thing you can do. And that's why I chose to write about food: food is inherently political, but it's also an essential part of people's real lives. It's where the public and private spheres connect.
We like to think we're superior to the people who, centuries ago, burned 'witches' for no better reason than a neighbor's belief that his crop failure or impotence was caused by that woman's action. But reporters are still prone to the same mental errors that caused these killings: seeing patterns where there are none, finding causes where there is only coincidence, ignoring our sources' political agendas and turning scanty evidence into panic.
While love takes on itself impossible tasks, yet it finds that love lightens all loads. It is the same burden that wings are to a bird, that sails are to a ship. Nothing is hard if done for love's sweet sake. The yoke of love is easy; the yoke of duty is hard. There is all the difference in the world between being drawn by love and being driven by duty. The task may be the same, but love makes everything light, and duty makes everything drudgery.
Politicians and bureaucrats clearly have no idea how complicated markets are. Every day people make countless tradeoffs, in all areas of life, based on subjective value judgements and personal information as they delicately balance their interests, needs and wants. Who is in a better position than they to tailor those choices to best serve their purposes? Yet the politicians believe they can plan the medical market the way you plan a birthday party.
Corruption is a fact of life in America as in Afganistan, but as American citizens, if we are white, we tend to experience it as an opportunity cost. I live in Washington, DC, where the city council is notoriously corrupt. But how do I experience that? Maybe in streets that are not as well paved as they could be, maybe in a bridge that costs a lot more money than it should have. That's a little bit abstract - shocking, of course - but still abstract.
At no period of [Michael Faraday's] unmatched career was he interested in utility. He was absorbed in disentangling the riddles of the universe, at first chemical riddles, in later periods, physical riddles. As far as he cared, the question of utility was never raised. Any suspicion of utility would have restricted his restless curiosity. In the end, utility resulted, but it was never a criterion to which his ceaseless experimentation could be subjected.
[Pope Francis] most recent trip was to Sweden, where he commemorated the 500th anniversary of the Protestant Reformation. That had triggered one of the biggest splits in Christianity and decades of religious wars. He went so far as to praise Luther, who was once considered a heretic in the church, as a great reformer. So what he's been doing with other Christian churches is trying to heal past wounds and work together toward a shared view of their history.
What would you think of a person who earned $24,000 a year but spent $35,000? Suppose on top of that, he was already $170,000 in debt. You'd tell him to get his act together - stop spending so much or he'd destroy his family, impoverish his kids and wreck their future. Of course, no individual could live so irresponsibly for long. But tack on eight more zeroes to that budget and you have the checkbook for our out-of-control, big-spending federal government.
The children of baby boomers should take very seriously the consequences for them of the inadequate funding for them of the baby boomer generation. This is a huge economic problem for the nation, not just for individuals or individual families. Think about it for a minute - if retirees become 20% of our population and their purchasing power falls below what has been normal for retirees in the past, one important engine driving our economy will be diminished.
The most common mistakes were investing in money market funds by people who were so scared at the prospect of managing their own funds that they picked the most conservative option, and their investments did not keep up with inflation. The second major mistake was being too heavily invested in their own company's stock, and buying when it was high and there was a lot of optimism about the company, and then having to sell it low when the company got in trouble.