Archive for November, 2009

Bet you didn’t know …

Monday, November 16th, 2009

… that 20 percent of tax revenue in New York state comes from Wall Street. Now that government officials have capped pay at some financial firms and discouraged bonuses, the money that would have gone to individuals will instead stay on the corporate books as profit. However, corporations are taxed at significantly lower rates than individuals — meaning that cash-strapped New York (which already has a $3.2 billion state budget deficit) will sink even deeper into the hole. If you were a New York resident, would you be OK with a tax increase to make up for the revenue shortfall caused by the pay limits imposed on rich people? (Source here.)

… that in the first nine and a half months of his term, President Obama authorized the CIA to launch at least 41 drone missile strikes in Pakistan. In contrast, it took George Bush his final three years in office to reach that same level of strikes (which are considered by some to be violations of international law). Estimates of the number of people killed in Obama-sanctioned missile strikes, a significant number of which were civilians and children, range from 326 to 538. Examine your feelings about Bush and Obama, then adjust accordingly. (Source here.)

… that if football players didn’t wear helmets during games, they’d suffer fewer head injuries. Players in the Australian Football League — who play American-style football, but without helmets or extensive padding — suffer far fewer blows to the head. Studies have shown that helmet-wearing NFL players are 25 percent more likely to suffer head injuries than their bareheaded Aussie counterparts. (Source here.)