Monday, May 20, 2013

Monday News 5-20-13

Happy Monday.

Here's what I'm seeing as the top headlines today and from over the weekend:

1. Tea Party Protest of the IRS Tuesday. Remember the people who think the taxes are too high and the government is wasteful? Yeah, those people are upset about the whole "IRS targeting them" deal. I can't imagine why. In any event, the Tea Party is planning to protest outside the office of IRS buildings Tuesday. I'm not even sure where the closest IRS building is here in in Columbia. Do we even have one here? I don't know. I've got to work, so I don't have time to go protest stuff.

2. City of Columbia Contemplates Issuing H-Tax Bond. Remember the "Hospitality Tax"? Yeah, the tax you pay when you go out to eat and stuff. The City of Columbia doles that money out to groups it chooses. (Hey, nothing could go wrong there.) Unfortunately, the only problem is the City wants to give out more money than it's currently taking in. I know, you're shocked. So, instead of doing the responsible thing and prioritizing, the City Council is contemplating issuing a bond (borrowing money) with the Hospitality Tax revenue stream as the collateral. Awesome.

3. Syria is still a mess. Remember Syria? Yeah, that's not really getting any better. Apparently, Assad is amping up his strike capabilities against Israel.

It's Monday. Make sure you get your coffee before you head out there.


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