1910 FordMake sure you read all the statistics under the photo.This has only been 102 years ago...Amazing!!!Show this to your friends, children and/or grandchildren!The year is 1910, over one hundred years ago. What a difference a century makes!Here are some statistics for the Year 1910:*********************************** The average life expectancy for men was 47 years.Fuel for this car was sold in drug stores only.Only 14 percent of the homes had a bathtub.Only 8 percent of the homes had a telephone.There were only 8,000 cars and only 144 miles of paved roads.The maximum speed limit in most cities was 10 mph.The tallest structure in the world was the Eiffel Tower!The average US wage in 1910 was 22 cents per hour.The average US worker made between $200 and $400 per year.A competent accountant could expect to earn $2000 per year, a dentist $2,500 per year, a veterinarian between $1,500 and $4,000 per year, and a mechanical engineer about $5,000 per year.More than 95 percent of all births took place at HOME.Ninety percent of all Doctors had NO COLLEGE EDUCATION!Instead, they attended so-called medical schools, many of which were condemned in the press AND the government as 'substandard.'Sugar cost four cents a pound.Eggs were fourteen cents a dozen.Coffee was fifteen cents a pound.Most women only washed their hair once a month, and used Borax or egg yolks for shampoo.Canada passed a law that prohibited poor people from entering into their country for any reason.The five leading causes of death were:1. Pneumonia and influenza2, Tuberculosis3. Diarrhea4. Heart disease5. StrokeThe American flag had 45 stars.The population of Las Vegas Nevada was only 30!Crossword puzzles, canned beer, and iced tea hadn't been invented yet.There was no Mother's Day or Father's Day.Two out of every 10 adults couldn't read or write and only 6 percent of all Americans had graduated from high school.Eighteen percent of households had at least one full-time servant or domestic help.There were about 230 reported murders in the ENTIRE U.S.A.!I am now going to forward this to someone else without typing it myself.From there, it will be sent to others all over the WORLD... all in a matter of seconds!Try to imagine what it may be like in another 100 years.
Tuesday, January 8, 2013
1910 Ford
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01/08/2013
13 Tax Increases in 2013
New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in.
The deal that Congress and President Obama struck that finally—but only partially—avoided the fiscal cliff resulted in seven tax increases.
Those hikes combined with six tax increases from Obamacare that also began on New Year’s Day.
13 Tax Increases That Started January 1, 2013
Tax increases in the fiscal cliff deal:
1. Payroll tax: increase in the Social Security portion of the payroll tax from 4.2 percent to 6.2 percent for workers. This hits all Americans earning a paycheck—not just the “wealthy.” For example, The Wall Street Journal calculated that the “typical U.S. family earning $50,000 a year” will lose “an annual income boost of $1,000.”
2. Top marginal tax rate: increase from 35 percent to 39.6 percent for taxable incomes over $450,000 ($400,000 for single filers).
3. Phase out of personal exemptions for adjusted gross income (AGI) over $300,000 ($250,000 for single filers).
4. Phase down of itemized deductions for AGI over $300,000 ($250,000 for single filers).
5. Tax rates on investment: increase in the rate on dividends and capital gains from 15 percent to 20 percent for taxable incomes over $450,000 ($400,000 for single filers).
6. Death tax: increase in the rate (on estates larger than $5 million) from 35 percent to 40 percent.
7. Taxes on business investment: expiration of full expensing—the immediate deduction of capital purchases by businesses.
Obamacare tax increases that took effect:
8. Another investment tax increase: 3.8 percent surtax on investment income for taxpayers with taxable income exceeding $250,000 ($200,000 for singles).
9. Another payroll tax hike: 0.9 percent increase in the Hospital Insurance portion of the payroll tax for incomes over $250,000 ($200,000 for single filers).
10. Medical device tax: 2.3 percent excise tax paid by medical device manufacturers and importers on all their sales.
11. Reducing the income tax deduction for individuals’ medical expenses.
12. Elimination of the corporate income tax deduction for expenses related to the Medicare Part D subsidy.
13. Limitation of the corporate income tax deduction for compensation that health insurance companies pay to their executives.
Each of these 13 tax increases will slow the economy, meaning that businesses will create fewer jobs. Fewer jobs will make it even more difficult to land a job than it already is for the more than 12 million Americans looking for work.
President Obama demanded these higher taxes. Obama's tax increases, in Obamacare and through the fiscal cliff deal, will not curb deficits and debt, because growing spending is driving America's budget crisis. Congress needs to immediately turn its attention to the actual cause of our deficit and debt problem: too much spending. The proper way to address this problem is through reforms to entitlement programs.
President Obama promised the American people a “balanced approach” of tax increases and spending cuts to reduce deficits and debt. He has achieved the tax increase portion of that approach. Now Congress needs to force him to follow through on the spending cuts portion.
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QUICK HITS
“In its latest annual report for fiscal year 2011 to 2012, Planned Parenthood reveals that it performed 333,964 abortions in 2011 – a record year for the organization,” reports The Washington Examiner.
Former Representative Gabrielle Giffords (D-AZ) and her husband, Mark Kelly, have started a new campaign to “launch a national dialogue and raise funds to counter influence of the gun lobby.” It is called Americans for Responsible Solutions.
A group of Harvard doctors is calling for a “new, substantial national tax on all firearms and ammunition.”
Unemployment across the eurozone hit an all-time high of 11.8 percent in November. Spain had the highest unemployment at 26.6 percent, followed by Greece at 20 percent.
Today on Istook Live!, Ernest Istook will be talking with guests on school safety, the action on Capitol Hill, unemployment, and the latest on government regulation. Tune in online from 9 a.m. to noon ET.
Know anyone who shares your conservative values and principles and may want to receive the Heritage Foundation newsletters? Please refer them to Heritage today!
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The Heritage Foundation
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morningbell@heritage.org to your address book now.
If you're having trouble viewing this message, please view it online.
01/08/2013
13 Tax Increases in 2013
New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in.
The deal that Congress and President Obama struck that finally—but only partially—avoided the fiscal cliff resulted in seven tax increases.
Those hikes combined with six tax increases from Obamacare that also began on New Year’s Day.
13 Tax Increases That Started January 1, 2013
Tax increases in the fiscal cliff deal:
1. Payroll tax: increase in the Social Security portion of the payroll tax from 4.2 percent to 6.2 percent for workers. This hits all Americans earning a paycheck—not just the “wealthy.” For example, The Wall Street Journal calculated that the “typical U.S. family earning $50,000 a year” will lose “an annual income boost of $1,000.”
2. Top marginal tax rate: increase from 35 percent to 39.6 percent for taxable incomes over $450,000 ($400,000 for single filers).
3. Phase out of personal exemptions for adjusted gross income (AGI) over $300,000 ($250,000 for single filers).
4. Phase down of itemized deductions for AGI over $300,000 ($250,000 for single filers).
5. Tax rates on investment: increase in the rate on dividends and capital gains from 15 percent to 20 percent for taxable incomes over $450,000 ($400,000 for single filers).
6. Death tax: increase in the rate (on estates larger than $5 million) from 35 percent to 40 percent.
7. Taxes on business investment: expiration of full expensing—the immediate deduction of capital purchases by businesses.
Obamacare tax increases that took effect:
8. Another investment tax increase: 3.8 percent surtax on investment income for taxpayers with taxable income exceeding $250,000 ($200,000 for singles).
9. Another payroll tax hike: 0.9 percent increase in the Hospital Insurance portion of the payroll tax for incomes over $250,000 ($200,000 for single filers).
10. Medical device tax: 2.3 percent excise tax paid by medical device manufacturers and importers on all their sales.
11. Reducing the income tax deduction for individuals’ medical expenses.
12. Elimination of the corporate income tax deduction for expenses related to the Medicare Part D subsidy.
13. Limitation of the corporate income tax deduction for compensation that health insurance companies pay to their executives.
Each of these 13 tax increases will slow the economy, meaning that businesses will create fewer jobs. Fewer jobs will make it even more difficult to land a job than it already is for the more than 12 million Americans looking for work.
President Obama demanded these higher taxes. Obama's tax increases, in Obamacare and through the fiscal cliff deal, will not curb deficits and debt, because growing spending is driving America's budget crisis. Congress needs to immediately turn its attention to the actual cause of our deficit and debt problem: too much spending. The proper way to address this problem is through reforms to entitlement programs.
President Obama promised the American people a “balanced approach” of tax increases and spending cuts to reduce deficits and debt. He has achieved the tax increase portion of that approach. Now Congress needs to force him to follow through on the spending cuts portion.
Print | Comments | Forward
FEATURED POSTS
By Banning U.S. Adoption of Russian Orphans, Russia Shot Itself in the Foot
South Carolina Beats DOJ (Again) Over Voter ID Law
Chart of the Week: Government Spending Drives Debt Limit Higher
VIDEO: Interview with Jim DeMint on Family and Work (Part 3)
Best of the Morning Bell in 2012
QUICK HITS
“In its latest annual report for fiscal year 2011 to 2012, Planned Parenthood reveals that it performed 333,964 abortions in 2011 – a record year for the organization,” reports The Washington Examiner.
Former Representative Gabrielle Giffords (D-AZ) and her husband, Mark Kelly, have started a new campaign to “launch a national dialogue and raise funds to counter influence of the gun lobby.” It is called Americans for Responsible Solutions.
A group of Harvard doctors is calling for a “new, substantial national tax on all firearms and ammunition.”
Unemployment across the eurozone hit an all-time high of 11.8 percent in November. Spain had the highest unemployment at 26.6 percent, followed by Greece at 20 percent.
Today on Istook Live!, Ernest Istook will be talking with guests on school safety, the action on Capitol Hill, unemployment, and the latest on government regulation. Tune in online from 9 a.m. to noon ET.
Know anyone who shares your conservative values and principles and may want to receive the Heritage Foundation newsletters? Please refer them to Heritage today!
Connect with Heritage
Facebook Twitter YouTube Kindle Flickr
Support our work by becoming a member. Donate today.
The Heritage Foundation
214 Massachusetts Avenue, NE
Washington, DC 20002-4999
Call us at (202) 546-4400
Add morningbell@heritage.org to your address book
to ensure that you receive emails from us.
Morning Briefing
For January 8, 2013
Somewhere in America, a Notre Dame fan thinks God is smiting them for letting Barack Obama speak on campus. Really, the answer is much simpler than that — just root for the SEC. For those of you adamantly anti-Alabama, Joe Scarborough might just be insufferable for you this morning. Fair warning.
1. Harry Reid Plotting to Abolish the Filibuster
There is no breathing room this year for those of us who fight endless GOP capitulations in Washington. Within the first few weeks of the new session, we must confront a grave assault on the Filibuster in the Senate.
Harry Reid is plotting some version of the “nuclear option” to limit the filibuster when the Senate convenes to adopt the rules package for the new Congress. It essentially works like this. Every rules change in the Senate requires a 67-vote threshold to adopt the change. Harry Reid is offering the absurd argument that the Senate is not a continuous body, and is therefore not governed by the rules of the previous session on the first day of the new Congress (before the rules package is adopted). With that in mind, he plans to abolish the filibuster on “the motion to proceed” and limit the minority’s ability to offer amendments when they vote on the rules package. He plans to do this with a simple majority vote.
Although the Senate already convened last Thursday, Reid used a parliamentary procedure blocking any adjournment of the Senate, so that the body will technically remain in its first “legislative day.” This will provide him with the opportunity to pull the trigger later this month. . . . please click here for the rest of the post →
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2. Witness Protection Program Needed: Obama’s NLRB Gives Unions License To Intimidate & Retaliate Against Witnesses
It’s a strange thing when, in a democracy*, dissent is stifled by those that presume to value dissent.
Notwithstanding the union-backed effort to end Senate filibusters, time and time again, both publicly and behind-the-scenes, Barack Obama and his union cronies and backers work to stifle–even purge and eradicate–any form of dissent if it does not benefit union bosses.
What’s worse is the fact that this trend is becoming the official labor policy of the United States. . . . please click here for the rest of the post →
3. Blackburn: ‘America Deserves Better Than Abortion’
POn January 4th, Congressman Marsha Blackburn introduced the first pro-life bill in the House for the 113th Congress. The Title X Abortion Provider Prohibition Act (H.R. 61) seeks to prevent the Department of Health and Human Services (HHS) from giving more money to abortion providers such as Planned Parenthood. In her statement, Blackburn points out that, in 2010, Planned Parenthood received over $340 million from the federal government under the Title X family planning program. . . . please click here for the rest of the post →
>> Today's Sponsor
Sincerely yours,
Erick Erickson
Editor-in-Chief, RedState
Guns Save Lives
Adam Lanza Only Fired 15 Shots From Some Magazines, Wore Earplugs to Newton School, Other New Details
More People Killed by Hammers, Clubs & Bats Each Year Than By Rifles
Summary of Current National Anti Gun Legislation and What You Can Do
FL Neighbor Holds 2 Burglars Who Had Robbed Several Homes at Gunpoint Until Police Arrive
Adam Lanza Only Fired 15 Shots From Some Magazines, Wore Earplugs to Newton School, Other New Details
Posted: 07 Jan 2013 02:06 PM PST
The Hartford Courant is reporting that Sandy Hook gunman, Adam Lanza, used only 15 rounds from some of the 30 round magazines he was carrying. They suggest video games are the reason that Lanza reloaded his weapon so frequently as this is a common practice in most first person shooter style video games. It is [...] Related posts:
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Posted: 07 Jan 2013 12:37 PM PST
Some gun control advocates say that we should control the availability of ammunition as a way to turn guns into nothing more than clubs. An article on Breitbart.com points out some interesting data from the FBI’s crime statistics. Why would they want to make rifles even more deadly?!? Each year more people are killed with [...] Related posts:
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Posted: 07 Jan 2013 09:02 AM PST
There is a lot going on with anti gun legislation right now. Multiple proposed bills have crept up in the House (which we will outline below) and several, including Feinstein’s sweeping “Assault Weapons” Ban are expected to be filed by Jan 22 in the Senate. Joe Biden is also working on a council setup by [...] Related posts:
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Posted: 07 Jan 2013 07:18 AM PST
A homeowner in FL whose home had been burglarized last month was ready this time when he saw two would be burglars trying to break into his neighbor’s home. The homeowner followed the barking of his dogs to where the two suspects were hiding in the woods behind the houses. The homeowner held the suspects [...] Related posts:
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