Krazy Kim is threatening to launch a missile at Hawaii (via Michelle Malkin’s Twitter page). The Angry Webmaster wonders whether President Obama will give a damn if his mother state gets nuked. I say, invest in SPF 1,000,000,000 sunblock.
Beyond that, and the $300 million in additional spending and a $485 million tax hike on the majority of Wisconsinites with investments passed in the State Senate’s version of Daughter-of-Necrobudget last night (via JSOnline), I’ve got nothing. Go ahead and fill in the blanks.
Revisions/extensions (8:15 am 6/18/2009) – For those of you outside of Wisconsin (and for those of you who forgot how capital gains in Wisconsin works), Wisconsin currently treats capital gains far differently than the federal government treats capital gains. Instead of classifying capital gains as short-term (less than 1 year of holding the property), medium-term (between 1 and 5 years of holding the property) and long-term (more than 5 years of holding the property) and taxing each group at a separate rate, Wisconsin takes 40% of all capital gains and taxes it at the highest applicable income tax bracket. What the State Senate did, instead of going for a oil company tax. was take the proposal from Doyle, the Joint Finance Committee and the Assembly Democrats to tax 60% of capital gains and make it 100% taxable. I believe Nevada is calling.
Easily the most stupid and bone-headed move to date–but only by a nose, given the number of boneheaded fuckass provisions in that pre-Milorganite stew.
It DOES send a message, loud and clear. Get out now!