|Pals Sharpton and Gillibrand|
With the US facing an existential crisis that will make World War II seem like a speed bump, lets' check up on what New York's junior US Senator, the hot Kirsten Gillibrand, has been doing to save our nation.
First, helping out our masses of unemployed workers.
To encourage investors, a complete exclusion on all capital gains is offered if you hold the stock of a company with under $50 million in gross assets for five years. There is also a provision that allows small businesses to write off up to $500,000 in tangible property, and all in one year, rather than over the lifetime of the equipment.
Yeah, that should help. Why not a complete exclusion on all capital gains taxes for everybody, period?
Then of course, there's always shrub willow.
U.S. Sen. Kirsten Gillibrand, D-N.Y., toured Eileen Yager’s Dunlap Road farm in Richland Thursday afternoon, announcing support for a $4.3 million federal grant to encourage New York farmers to grow shrub willows as a renewable energy source.
Shrub willow? Kirsten Gillibrand made big bucks short selling sub prime mortgage companies after she and her pal Andy Cuomo at Bill Clinton's HUD forced banks to make the bad loans. Now she's spending four million of your hard earned tax dollars to plant weeds.The U.S. Department of Agriculture has earmarked more than $4 million under the USDA Biomass Crop Assistance Program to pay farmers to plant up to 3,500 acres of willow in 2013 and 2014. Land preparation will start this year.
If we were advising Wendy Long, we'd suggested she start explaining who Kirsten Gillibrand really is.