Pork Anyone?

A newer version of the rescue package was passed by the House today after the Senate tweaked the original bill & passed it on Wednesday.  Politicians always seem to get poked fun of.  Here’s another example of why.  Here are some of the additions (pork) to the bill to get it through:

  • Wooden arrows: This tax break, backed by Oregon’s two senators, would benefit an Oregon manufacturer of wooden arrows for children by $2 million over 10 years.
  • Racetracks: Earmark would allow auto racetrack owners to depreciate their facilities over seven years, saving the industry $100 million over two years.
  • Rum: Offers rum producers in Puerto Rico and the Virgin Islands a rebate on excise taxes worth $192 million over two years.
  • Wool: Reduces tariffs for U.S. makers of wool fabric that use imported yarn, worth $148 million over five years. The measure was pushed by Reps. Louise Slaughter, D-N.Y., and Melissa Bean, D-Ill.
  • Exxon Valdez: Plaintiffs in the suit over the 1989 oil spill could spread their tax payments on punitive damages over three years, cutting their tax bill by $49 million. The measure was backed by Rep. Don Young, R-Alaska.
  • American Samoa: Allows certain corporations to reduce their tax liability on income earned in American Samoa, at a cost of $33 million over two years.
  • Hollywood: Extends a tax break for film and TV companies that keep their production in the United States, worth $478 million over 10 years. The provision was originally pushed by Rep. Diane Watson, D-Los Angeles.

         Source: Taxpayers for Common Sense

When I hear the politicians all come out together and say we worked in a bipartisan way to get the deal done, it’s the stuff listed above that makes me want to throw up.  They can’t just once develop a bill that is clean and attacks the problem.  Everyone on both sides of the aisle has their various agendas and “stuff” they have to add to it.  Some things never change.

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October 2008
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