Thursday, October 02, 2008

Senate Passes HR 1424 Last Night! Excise Tax Exempted For Wooden Arrows...Children Rejoice

There are other alternatives to fixing this. Last night, our Senate passed their version of the Bill, HR 1424. It whopped out at 400+ pages.

In addition to our economy, it also has sections that has provisions related to film and television productions (sec 502) and a section for income averaging for amounts received in connection with the Exxon Valdez Litigation. My favorite is sec 503 - Exemption from excise tax for certain wooden arrows designed for use by Children.

A vote of Nay is a vote against the children!

This bill has been around for sometime, when it bore the name of Paul Wellstone and Pete Domenici Mental Health Parity and Addiction Equity Act of 2008. Instead of proposing a fix for the economy, they have rolled it all up with a bunch of other issues (like hiding peas in the mash potatoes to make the peas taste better).

We need some common sense up there in Washington, instead of the Politics as usual.


George said...

I am moving my entire 401K into a Kids Wooden Arrow stock immediately! Thanks for the tip.

Martha said...

I HATE the pork - but at least the bill got done. I can stomach the useless pork if it is for a greater good and it gets the house off their butts.

George said...

OOh! Nevermind! I just checked my 401K account. I may be a ble to purchase a couple of wooden arrows.