tedsta.com >> tedy

i realised that i have barely added any latest pics of myself lately in either my gallery (which is hard to update now – i need a better platform) or even within my blogposts.

a picture is worth a thousand words and indeed it is.

in my attempt for greater vanity exercise, (apart from keeping graphical memories of how bloated i am), i present to you all the picdate – a follow up from the last picture update post i did, while recognising how popular the post was: – thanks to all of you who have sarcastically commented on how i look in that pic… yes.. i’m referring to you PK, Huey, Tiffy and Chrissie!!!!:

1. Second Attempt in having a smiling picture:

2. Joey – if you looked like Monkey as you described in the previous post, how about this?

3. The things donut do for you:

4. Animal instinct…. mooo?

5. Me and Jelita

6. Me and Fiza

7. GOR

Ampersand Duck has a book meme with the following rules:

1. Grab the nearest book.
2. Open the book to page 123.
3. Find the fifth sentence.
4. Post the text of the next 4 sentences on your blog along with these instructions.
5. Don’t you dare dig for that “cool” or “intellectual” book in your closet! I know you were thinking about it! Just pick up whatever is closest.

———

My contribution is from Forbes’ Flat Tax Revolution:

Fifth Sentence:

“When attempting to assess the likely impact of proposed tax policies, the government’s use of static analysis has translated into consistent cluelessness – generating misinformation that is all too often accepted, without question, by the media and general public”

Following 4 sentences: (assuming points within a sentence is part of parent’s sentence)

“Some examples:

• In 1989, Bob Packwood (R-OR) requested a revenue forecat from Congress’s Joint Committee on Taxation (JCT) on a hypothetical tax increase raising the top rate to 100 percent on incomes over $200,000. The JCT responded by forecasting increased revenues of $204 billion in 1990 and $299 billion in 1993. Essentially, the JCT predicted that people would continue to work even if the government taxed them out of every penny they earned.
• The Congressional Budget Office predicted that the 1986 corporate tax rate increase would raise government revenues from $89 billion to $101 billion. In reality, corporations altered business practices and revenues decreased to $84 billion.

And these are only two examples.

The truth is that our federal government has consistently and grossly underestimated tax collections that result from tax cuts and overvalued the so-called windfalls in revenue expected from tax increases.

The 1986 capital gains tax hike from 20 percent to 28 percent did not result in higher revenues. “

Additional sentence to provide context:

” Instead, realized gains jumped from $172 billion to $328 billion the year before the increase and fell dramatically in the years following it, to $112 billion in 1991″