Money and Business

Your Tax Liability Calculator

Massive government spending means more taxes to you and me. Now, thanks to a new on-line calculator, you can see what your lifetime tax obligation is going to be. You will also see how much that money could have earned had you invested your enormous tax bite. This is my sad story:

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The calculator is easy to use; there are three pieces of information you need to provide: highest level of education, age and income. The results are what is shown above plus what your monthly tax bill is going to be – it ain’t pretty.

You can enjoy the misery at MyGovCost.org.

SmartConnect

smart-meter.jpgA workman from SoCal Edison installed a new SmartConnect™ electric meter on our residence today. The power outage was only a few seconds after the workman waited until the computers could be shut down. Other than resetting a couple of clocks, there was not much impact to us.

According to the brochure (pdf), the new meter eliminates the need for meter readers, since it communicates with the power company to report usage data. It’s sorta big-brotherish too, because of the two-way communications implications and wireless connection to “smart” appliances in the household. I’m not saying they will do it, but there is a real possibility that they will be able to shut off your air conditioning and other stuff. Given the current nanny attitudes state and federal officials have, we could be headed there.

From the brochure:

Smart meters collect hourly energy use data for the home and are capable of two-way communication. This means they can send and receive energy use and cost information from the home to the utility and back again, all through a secure wireless network.

Smart meters are also equipped with wireless radio chips inside to support home area networking. This will make it possible for the meter to communicate with “smart” appliances and devices, such as smart thermostats and refrigerators.

Emphasis mine.

Bad Karma for Prius-Driving Greenbats

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In addition to Toyota’s accelerator pedal vehicle recall, there may be additional problems in the Prius’ brake system.

From the OC Register:

greenbatmobileThe U.S. National Highway Traffic Safety Administration said today that it is opening a formal investigation into problems with brakes on the 2010 Prius hybrid.

The probe, the agency said, is “to look into allegations of momentary loss of braking capability while traveling over an uneven road surface, pothole or bump.

The news comes a day after the car’s brakes were put into question in several media reports and the Japanese government ordered the automaker to look into the issue. Of course, this latest news comes amid two recalls for millions of cars worldwide over unintended acceleration.

The guy in the cartoon (old hippie-lookin’ dude) reminds me of another Prius driver I posted about here for having an unusual paint job . . .

Attack on Banks and the SOTU

Here’s the results of the last five trading days. Obama attacks Banking and Business in the State of the Union campaign speech and in the days before.

Mr. President, Tear Down This Rhetoric . . .

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Reaction from the Blogosphere:

The State of the Union Is No ‘Reset’ Button – Karl Rove

If the criticism of you is that you’re all talk and no action, I’m not sure that a long speech is really going to help, no matter how emphatically you deliver it. – Jim Geraghty

The public thinks Obama doesn’t get it; Obama thinks the public doesn’t get it. – Rich Lowry

Here he goes again with his bank penalization idea!!!!!!!! Every time he opens his yap, my mutual funds take a nosedive! PLEASE PLEASE PLEASE SHUT UP!!! – Nicki @ The Liberty Zone

2 Words to Describe Obama Speech . . . YOU LIE! – Anthony @ The Liberty Sphere

There was no “pivot to the center,” no serious accounting for the Massachusetts miracle or his misfortunes. Instead, there was an innumerate, inaccurate and distinctly unpresidential whine — blaming George W. Bush for nearly all of his problems (leaving out, among other things, that the Democrats have been controlling Congress and crafting budgets since 2006). – Jonah Goldberg