I have spent the last few hours studying the Joint Committee on Taxation’s “Estimate for Federal Tax Expenditures for Fiscal Years 2007-2011.”
One thing I find disturbing: any tax expenditure
that is $50,000,000 a year or less is considered “
de minimus” and not even factored into the budget.
Call me crazy, but it seems to me that fifty-million dollars here, fifty-million there—add it all up and pretty soon we will be talking about some real money.
Speaking of de minimus, last night Wife went to Bagel Bob's to pick up our week’s worth of bagels during their $.35 Monday night special. The baker, who is starting to recognize Wife, gave her a dozen bagels for the price of a half-dozen. So, our bagels came out to 17 ½ cents each, and there is no tax. That news just makes my bagel even tastier every morning (sorry, Linda).
5 comments:
Pseudonym sugguestion: "Gomez & Morticia!"
~Scott from Morticia's old day job
I brought home a 6-pack of H&H bagels yesterday... which I went all the way to Austin to retrieve. So there.
Linda, I really am feeling your pain. Wife tells me that I am already a bagel addict and will be in real trouble when they are not so readily available.
Oh dear oh dear what a deprived life you two have lead. When I emigrated from NYC 36 years ago to a country where bagels only existed in a handful of cities (in none of which I lived) and were TOTALLY different to those with which I had grown up, I learned how to bake my own. My children used them as teething rings and we occasionally hung them on our Christmas tree as decorations. Several years later I made my debut as a food writer by presenting a paper on bagels and their history, plus recipe, to an international symposium. Now everyone here knows and loves them although recipes and preferences still vary enormously and even the biggest supermarkets carry nasty plastic bags full of non-authentic varieties that have spread enough awareness so the least interested foodie now considers them a staple breakfast item.
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