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Toledo Talk   (musing about Lake Erie West and beyond)
From CharlieA-Z's workspace   

Call Marcy NOW!

A bailout including millions for "wool research, NASCAR, rum subsidies"? I think NOT. Call her, e-mail, unless you go along with the Senates' silly bullshit.

Marcy Kaptur:

Washington Office
2186 Rayburn Bldg.
Washington, DC 20515
Tel: (202) 225-4146
Fax: (202) 225-7711 Ohio Office
One Maritime Plaza - Sixth Floor
Toledo, Ohio 43604
(800)964-4699 | Tel: (419) 259-7500
Fax: (419) 255-9623

http://www.kaptur.house.gov/index.php?option=com_content&task=view&id=151

created by CharlieA-Z on Oct 02, 2008 at 10:27:05 am
updated by CharlieA-Z on Oct 02, 2008 at 10:29:58 am     Comments: 6

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Comments ... #

i just called and thanked her for sticking up for us thusfar, and to encourage her to continue to standing up to the bailout plan

posted by upso on Oct 02, 2008 at 10:30:23 am     #



NASCAR???? Are you kidding me???

posted by toledolen on Oct 02, 2008 at 10:46:57 am     #



that server is getting spanked.

posted by transcom on Oct 02, 2008 at 12:59:19 pm     #



It's a collapse in judgment.

There is no free market. Never was. Nor was there anything ever approaching Capitalism.

Just politics as usual. Politicians have the highest ROI.

Make sure you vote to encourage more of the same.

posted by charlatan on Oct 02, 2008 at 02:11:51 pm     #



Thank McCain's man Phil Graham for this bit of deregulation, and of course the deregulation since reagan that has made us a thrid world country. I hope the Amero chicken shit new worthless paper money is blue in color. I like blue and the walls need new wallpaper. If it comes in rolls it might fit the dispensers in the bathrooms nicely.

posted by prime3end on Oct 02, 2008 at 02:57:23 pm     #



It's not just a NASCAR, it's a thing to treat motor-sports facilities like other entertainment complexes for tax purposes.

IMHO: It's something that shouldn't be in the "Bailout" plan, but sent up on it's own, or with other tax related bills.

from www.jayski.com

#

  1. Bailout bill gives tax break to Racetracks: A tax break for NASCAR racetracks and other motor-sports facilities is among the "sweeteners" tucked inside a 450-page financial-services bailout bill to make the package more palatable to lawmakers. The Senate-passed bill includes an array of so-called "tax extenders." One extends for two years a tax policy that had been allowed to expire in December that lets motor-sports facilities be treated the same as amusement parks and other entertainment complexes for tax purposes. That allowed them to write off their capital investments over a seven-year period. The motor sports industry feared that without a specific legal clarification, motor sports facilities would be required to depreciate their capital over 15 years or longer because of a recent Internal Revenue Service inquiry into the matter. That would make repaved tracks and new concession stands more expensive in the short term. It isn't a new tax break, rather the way tax law historically has been interpreted, said Lauri Wilks, the vice president of communications for Speedway Motorsports, which owns the NASCAR tracks in Fort Worth, Texas; Sonoma, Calif.; Concord, N.C.; and elsewhere. "It gives us incentive to go ahead and invest in our facilities," she said.(see full story at McClatchy Newspapers)

www.mcclatchydc.com/homepage/story/53396.html

posted by drunkenwildmage on Oct 03, 2008 at 08:03:41 am     #