The 2017 Tax Cut & Jobs Act is not polling well with the American people. That’s not surprising at this stage of tax reform. Ronald Reagan’s 1986 tax reform had only an 18 percent favorability rating the day it passed. The average taxpayer doesn’t believe tax cuts for corporations will benefit him or her. What they don’t realize is corporations are just pass-through entities for their corporate taxes. Corporations don’t pay taxes. Workers pay it in lower wages and/or customers pay it in higher prices for goods and services. The combination of lower corporate taxes and switching to a territorial tax system (like the rest of the world), which only taxes corporate profits once wherever they are earned globally, will have a very beneficial effect on the American economy. I humbly predict that this tax reform will eventually be very popular with American taxpayers. My thank you to President Trump and the Republican Party. #MAGA.Bob LindingerGuilderlandMore from The Daily Gazette:EDITORIAL: Urgent: Today is the last day to complete the censusFoss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Find a way to get family members into nursing homesAlbany County warns of COVID increase Categories: Letters to the Editor, Opinion
39 Sibley Road, Wynnum WestThe expansive post-war home at 39 Sibley Rd at Wynnum West was snapped up by an interstate buyer before it went to auction.The four-bedroom house was sold for $750,000 before its scheduled March 10 auction.Selling agent Tandi Gill, from Re Max Advantage Manly, said sales in the suburb traditionally went to people from Brisbane and southeast Queensland, but this was changing.More from newsParks and wildlife the new lust-haves post coronavirus20 hours agoNoosa’s best beachfront penthouse is about to hit the market20 hours agoOutdoor living at its best.“We are getting a lot of those interstate buyers for different reasons,” she said. “Traditionally, if people were moving from interstate, they would only be looking at anywhere from 8km of the CBD.”Now interstate buyers have expanded their list of potential suburbs, with Manly West sticking out for many. Room with a view.“Obviously it is because we are not far from the water,” Ms Gill said.“I think if you were to compare our suburb with a comparative suburb in Sydney, you can see there is potential for growth.”The home has been extensively renovated over the years, with an expansive deck, a separate lockup garage and polished timber floors throughout.
RelatedPosts Why Ondo athletes will be absent at Youth Sports Festival – Council Ondo sports council sacks FA secretary Athletes of the Ondo State Sports Council on Monday protested non-payment of camp allowances by management of the council after the state government had reportedly approved funds for the purpose. The athletes, who paralysed activities at the sports council, accused the General Manager, Wande Fabuluje, and the state Commissioner for Sports, Dotun Owanikin, of incompetence and shortchanging them of their camp allowances. The News Agency of Nigeria reports that the National Sports Festival, billed to have started on March 20, was postponed by the Federal Government as part of measures to prevent the spread of Coronavirus in the country. The leader of the protesters and Chairman of the labour union in the council, Moses Usifo, said the general manager had promised the athletes their allowances last Thursday. Usifo said: “Since 2018, we have been facing a big build-up of fraud in the Ondo State Sports Council and we say enough is enough. “In 2018, government released N75 million for the purchase of equipment, out of which N25 million was embezzled. “We wrote a petition and some people were begging us to withdraw it, but we are still standing on the petition. “We want to use this medium to plead with the Ondo State Government to take proper action on the incompetence of the general manager of the sports council. “Government has released money for the National Sports Festival. “While athletes had been decamped, they have not yet been paid since Friday. “The general manager told us that the money would be paid on Thursday, but they have yet to pay. “The athletes are stranded and angry, hence our protest.” Osifo said the council needed competent hands who knew much about sports management, adding: “There is nowhere in the world where camp will be disbanded without athletes being paid.” Also, the state Basketball Coach, Fisayo Bello, said the athletes were supposed to be at home with their parents as ordered by government due to COVID-19 threat, adding, however, that transportation and other camp entitlements had not been paid. Bello said Owanikin had promised the athletes that all allowances would be paid before the close of the camp. He accused the general manager of misappropriation of funds since he assumed office in 2018, stressing that the state athletes were tired of him being the head of the sports council. He said: “The National Sports Festival 2020 has been postponed and the commissioner gave his word that every allowance should be paid. “This was why they cancelled so many sporting activities. “By now, athletes are still in camp without being fed, while no allowance has also been paid. “Meanwhile, the funds he (the governor) has been releasing, he (General Manager) has been misappropriating them since his assumption of office in 2018. “We are saying No, we don’t want him anymore, we are saying enough is enough.” When contacted, the general manager, however, described the allegations that the athletes were still in camp as false. Fabuluje said camp had been disbanded, following government’s directives. He said the athletes had started receiving alerts in batches since Friday as approved by the state government. Fabuluje said the protesting athletes were those who belonged to the batch that had not received payment. “As I am speaking with you now, I am in the bank and their allowances are being paid,” he said. On the allegation of misappropriation of funds, the general manager said it was not true, maintaining that he had been given clean bill of health by the state House of Assembly and the Department of State Services on the allegation.Tags: Dotun OwonikinEdo Sports FestivalOndo State Sports CouncilWande Fabuluje