The past few weeks The Mrs. and I have been introducing Kade and Payton to the world of allowances. Now...seeing as how we are both well educated people who work honestly to put food on our table, we are vehemently opposed to the concept that our children are "Entitled" to an allowance. There are many people out there proffering advice on how to handle the whole allowance issue. One mainstream opinion seems to be that you should always give the allowance at regular intervals, like a paycheck. But...here is the rub that I have with this theory. That assumes that your child is as responsible at doing their chores as working adults (or...far yet worse, it simply assumes that your child is "Entitled" to an income because they walk the planet - something that far too many adults also currently believe). Reality is that a 3 year old and a 6 year old are not 100% dependable to do their chores every day. So...the Mrs. has fashioned nice chore charts which, when completed, can be redeemed for their allowance. I know...we are mean parents... expecting that they actually "do something" to earn some money....
Anyway, both Kade and Payton completed their first chore charts last night. This was the moment that they had been waiting for...they were very excited to be "getting their money". Coincidentally, Kade's school has been collecting $1 Haiti donations from students. So we asked Kade if he
would like to give $1 of his $5 allowance to Haiti. His response: "No........who is Haiti?" - [since his first response was "No", there is no question that he is an Evil Republican]. Jen took the time to explain that it was a place near Costa Rica that had a terrible earthquake, most of the houses and buildings collapsed and many people were hurt and even died. She then took him to the computer and showed him where it was on the map...and pulled up some pictures of the aftermath. At that point, she asked if he would like to help the people he saw on the computer by donating one of his hard earned dollars at school the next day. And being the Evil Republican that he is...he naturally said..."yes!". And thus, he just contributed 20% of his first paycheck to charity... very evil indeed (and don't forget to look at Obama's and Biden's charitable track records)!
Oh...on a separate note...in case you didn't catch Obama's pledge to "focus on Jobs and the economy" at the State of the Union...here is a great article about how his administration is "considering several steps that would review the legality of the controversial Bowl Championship Series". I am dying to hear how that is going to stimulate
the economy...unless they are planning to begin taxing collegiate sporting events. Oh wait...don't laugh...Doogie and the CBO are already working on it! (FYI - The CBO was asked to look at this by the Senate Finance Committee...chaired by...you guessed it...Max Baucus...who just happens to be trying to find revenue to fund...what was that...oh yeah...ObamaCare!! Hmmm...interesting...if you go all the way to the end you will see this (emphasis mine):
"Even reclassifying certain types of income might fail to be effective if the policy was intended to apply only to athletic departments. Unless the treatment of such income was consistent across the entire university, strong incentives would remain to shift income taxable to the athletic department to the nontaxed portion of the university. However, reclassifying certain types of income as unrelated, and therefore taxable, would have the advantage of focusing directly on the types of revenue that are associated with the relatively few highly commercial athletic departments rather than on the majority of athletic departments that engage in little commercial activity. "
Read that as...you need to make sure that you classify certain high income streams (from pg. 10: "such as corporate sponsorships or royalties from sales of branded merchandise") as taxable (and oh by the way...make sure there is a law preventing those slimy universities from unscrupulously shifting that revenue to other tax-exempt buckets)...and then bleed them dry. Wow - if that were the case...then why not double the fun by super concentrating those "high income streams" in something like...say...a prolonged playoff system where the highest grossing universities get to play...say...5 games instead of one??? Hmmm...now that sounds like an effort to tax universities...that should be good at lowering the cost of education. Ans as for all that new found revenue? It would obviously be immediately put to work generating JOBS! And there you have it. My 20 minute conspiracy for the night.
1 comment:
As long as you are on a roll, care to share your "thoughts" regarding the X Games? I don't get them ... but I guess that isn't very surprising to anyone! Would be very interested in what you might have to say about them!?!
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