How I spent Election Night.

I was flipping between CNN for national coverage and the locals for, well, local coverage until about midnight. Shilo got home about nine, and promptly feel asleep on the couch. I noshed on Breyers Mint Chip Ice cream, Cold Tap Water and a Nature Valley Chewy Granola Bar (Lemon Yogurt). It was a night of excitement, and eventually, tiredness.

One of the neat things that I heard is that there is a movement afoot to make Election Day a National Holiday. Yay! Anything that creates a new national holiday should be viewed as a good thing.

I really commend CNN on their coverage. They were very cautious about calling states (they had not called Ohio when Kerry bowed out this morning). They seemed very fair and unbiased - having the Crossfire guys slug it out every hour.

All in all, a fun night. Just think - it only cost us about 4 billion dollars! For a measly $14 each, we get this kind of entertainment! What a country we live in!

To compare, the total deficit is now at about $25,000 for each of us. Think about it. With the median personal income in the US sitting at 27,066, I think that we have a problem.

Several of the new house and senate members are proponents of a federal sales tax, instead of the federal income taxes that we currently pay. I for one, stand behind this 100%. Right now we are at war. We need to bring in the capital to fight this war. Everyone should be taxed equally. So instead of a convoluted tax system that you need a specialized lawyer to comprehend, we should simply be taxed on what we spend.

If you buy a house, 20% sales tax. If you buy a loaf of bread, 20% sales tax. Nice, easy, to the point. If a company buys a Jet, 20% sales tax. If you save twenty thousand dollars for retirement, no tax!

Hey – another big advantage. Retirement accounts become a heck of a lot easier! No more “You can only put 2000 dollars a year into an IRA, unless it’s a Steven IRA, then you can put the less of 4% of the GDP of Chile or the number of lint particles in your left pocket.”

That, and you will bring home everything that you earn. Unless you live in one of the states that has an income tax.

-Tsyko