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Old August 13th, 2009 #1
Alex Linder
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Default Taxation, Tax Slavery, Taxes, Tax Data, Rich and Poor

Definition

Cost of Government Day (COGD) is the date of the calendar year on which the average American worker has earned enough gross income to pay off his or her share of the spending and regulatory burden imposed by government at the federal, state and local levels.

Cost of Government Day 2009

Cost of Government Day for 2009 is August 12. On average, working people must toil 224 days out of the year just to meet all costs imposed by government. In other words, the cost of government consumes 61.34 percent of national income.

Cost of Government Day: Trends

Cost of Government falls 26 days – almost a full month – later in 2009 than last year’s revised date of July 16. In 2009, the average American will have to work an additional 43 days out of the year to pay off his or her share of the cost of government compared to 2000, when COGD was June 29.

In fact, between 1977 and 2008, COGD has never fallen later than July 20th. This year even marks a sharp leap of 23 days from the previous record date, in 1982, when it fell on July 20th.

The driving factor for this development is that all components of the cost of government – federal spending, state and local spending, and regulations – are now increasing faster than national income, which shrunk as a result of the financial crisis in 2008. The Emergency Economic Stabilization Act (EESA) that created the Troubled Asset Relief Program (TARP) and the American Recovery and Reinvestment Act of 2009 (ARRA), passed under the guise of economic “stimulus,” have enormously expanded federal spending. In conjunction with the FY 2010 Budget proposed by President Obama and passed by Congress, these spending bills set taxpayers up for a year when federal spending has reached a record 28.5 percent of GDP.



http://www.fiscalaccountability.org/...ntent=cog09-3#
 
Old August 14th, 2009 #2
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Would be hard to pick out any of our major or minor problems that couldn't be solved directly or indirectly with independent, fully electronic (highly crypted), local, usury free monetary systems, which would be out of reach of politicians (Is there one thing they haven't wrecked? They're worse and steal more of our money than those kings and monarchs of antiquity.) and speculators, i.e. independent from the supposed value of supposed 'precious' stones and metals.
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Old August 20th, 2009 #3
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The 61% Ratio
August 20, 2009

We past the 61% time a week ago. A week ago, we started working for ourselves! It is an unfortunate fact. 61% of our early labor, wages, effort, and sweat goes to support governments at all levels. The first 222 days of the year we work to support stupid, lazy, idiotic bureaucrats, and the next 143 days we work for ourselves. Ever thought of it that way? Ever realized just how all encompassing governments are? Ever realize just how much effort you spend supporting gobbledygook at all levels?

Look at it this way: As of June 2009, 155 million people were laboring in the shrinking private sector of what remains of the American economy, with a per capita income of $39,751, or a per household income of $50,740. That 155 million worker figure is a bit misleading however, since only 20 million are actually working at construction or manufacturing. How many workers are selling stuff made in China? How many are accountants, trying to keep up with the latest tax codes? If we don't make what we use and sell, and spend untold billions of hours doing paperwork for the IRS, Medicare, or Medicaid, are those hours really productive? Is it really 'productive,' to sell foreign made items? I know, the store makes a profit and pays sales people a salary, but is it really good for America, not to make what it uses and sells?

These $50,740 per year income families were supporting 22.5 million government employees at all levels, and each one was making an average of $75,419 a year, according to Econowatch.

There are 3.9 million welfare recipients and 46.5 million Social Security recipients. These funds are paid directly out of the general fund, as there isn't a dime in the Social Security 'trust fund.' Only government IOU's.

There are 14.7 million drawing unemployment funds, with the time limit recently being doubled, plus many millions more to join them in the future, since the depression is no where near the bottom. How do I know this? The Wall Street Journal recently pointed out that not only are there 'ghost shopping centers,' with no tenants and in foreclosure, but hundreds of hotels and resorts are also in foreclosure. Even EMI, the music outfit, is under water. The bottom has not been reached yet, regardless of the stock market's idiocy, which will eventually be brought down when enough people realize the truth about the economy.

Everyone's bankrupt except the D.C. gang, and they can print all they want to pay their ever increasing bills. You say, "Wait a minute, aren't foreigners getting tired of the US debt, shrinking dollar, and lousy economy? Aren't they slowing down or even stopped buying our debt?" As Gary Cooper used to say, "Yup." No problem! The government will buy its own debt, which is called 'monetizing it.' They've already been doing it for some time, and there is no limit, unless they run out of ink. We're all paying for government laxness and the irresponsibility of 435 House Members and 100 Senators plus a non-citizen President, with ever increasing inflation and dollar devaluation. The more they print, the less they are worth and the less they will buy. History proves that once this starts, it has never been able to be stopped.

It's all so simple, and about as deceptive as a bank's balance sheet. With a bank, if you owe them, it's an 'asset,' and if you have money in a bank, it's a 'liability.' The 79 banks went under because they had far too many 'assets.' When D.C. fails to sell its debt, they print up the bonds and buy them themselves. $300 million last week alone...or was that billion? The whole thing is a charade, fraud, and hoax, as large as any Ponzi scheme in history. You think Madoff was a fraud? Try the D.C. Gang and their economics. The total unfunded debt approaches $100 trillion, an amount literally impossible to comprehend. The presses run merrily on, 7/24, while Joe Six pack is wondering if he can make his next mortgage payment, or if his home is worth as much as he owes on it. Each Thursday, the number of new applicants for unemployment payments are released. 576,000 last week; up from the week before.

How will it all end? Anyone's third grade arithmetic could figure it out. With an unpayable debt, government buying its own debt, and astronomical figures impossible to comprehend, you decide for yourself.

Want health insurance? Buy ten ounces of gold a year, if you're a youngster, and buy progressively more each year the older you get. You'll never have to worry about paying your medical bills!

When Obama visited Grand Junction Colorado last week, for a Town Hall, there were 3,000 there, and rumor has it that 2,000 Democrats were bussed in from Denver. When Sara Palan was in Grand Junction, there were 23,000 present and no one was bussed in!

The Wall Street Journal announces that this fall, a "Cash for clunker appliances" deal will be started. They'll be offering $200 for that old dishwasher, rather than my suggested $100. Surely the D.C. gang don't read my columns, do they? I guess they do. Why don't they try doing something helpful, rather than destroying everything they touch, including cars which run. How is destroying things, helpful to an economy? Thanks to typical government inefficiency, many car dealers have opted out of the 'clunkers' deals. Will appliance dealers also find that promised payments from D.C. take ages?

http://www.coloradogold.com/archive/...Ratio-886.html
 
Old August 20th, 2009 #4
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Just imagine if everybody stopped paying income taxes and made it stick!
 
Old August 20th, 2009 #5
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I work for a company as a contractor for the government and most of the workers are niggers, cunts, faggots, communists, mystery meat, jews and H1B foreigners.

Wonder why you can't afford shit or haven't gone on a real vacation in years white man? It is because you are getting fucked, and you don't even know it. It's like a country wide GHB blackout.

Every nigger and dothead is getting paid $60-100,000 and more for doing virtually nothing and you are paying for it. They drive model year BMWs and you drive a 1996 Fuckerstucker with bald tires.
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Old October 16th, 2009 #6
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Federal Deficit Soars to a Record $1.4 Trillion

By Lori Montgomery and Neil Irwin
Washington Post Staff Writers
Friday, October 16, 2009; 7:44 PM

The federal budget deficit soared to a record $1.4 trillion in the fiscal year that ended in September, a chasm of red ink unequaled in the post-war era that threatens to complicate the most ambitious goals of the Obama administration, including plans for fresh spending to create jobs and spur economic recovery.

http://www.washingtonpost.com/wp-dyn...l?hpid=topnews
 
Old October 27th, 2009 #7
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Default Rats! City to Pay for Informing on Tax Cheats

Quote:
Chicago and Cook County residents aren’t the only ones about to get shocking tax news; the city is debuting a “tax whistle-blower” plan that could turn neighbor against neighbor in Chicago’s business community.
The folks at city hall will pay cash bounties to informants who turn in business tax cheats around the city. The reward would amount to some sort of percentage of the tax money that the city recovers.
"It's just another way of bringing people into compliance," Revenue Department spokesman Ed Walsh told the Sun-Times.




"It would probably be ... a business knowing that a competitor is not remitting a tax. An employee [of the tax-dodging business] could know that, too. Typically, you need to provide some type of incentive."
http://www.nbcchicago.com/news/local...-66367287.html
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Old October 28th, 2009 #8
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Another day, another tax dollar
October 26, 2009

Could you be taxed at up to 95.2 percent of your income?

Federal income tax rates would have to be nearly tripled across the income spectrum for Congress to close the deficit in fiscal year 2010, according to a new report from the nonpartisan Tax Foundation.

Instead of taxing joint filers with rates ranging from 10 percent to 35 percent, the report found, tax rates would have to start at 27.2 percent and reach up to 95.2 percent. The Tax Foundation backs up its claims with data, charts, maps. The Tax Foundation has monitored fiscal policy at the federal, state and local levels since 1937.

http://www.wnd.com/index.php?fa=PAGE.view&pageId=114073
 
Old October 29th, 2009 #9
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Quote:
Originally Posted by Alex Linder View Post

Could you be taxed at up to 95.2 percent of your income?

Federal income tax rates would have to be nearly tripled across the income spectrum for Congress to close the deficit in fiscal year 2010, according to a new report from the nonpartisan Tax Foundation.

Instead of taxing joint filers with rates ranging from 10 percent to 35 percent, the report found, tax rates would have to start at 27.2 percent and reach up to 95.2 percent.
It really is a shame that Americans don't have to pay for the Wars for Israel, niggers and spics. The true cost of these anti White ventures isn't felt by YT due to "deficit spending". If federal tax rates had been where they should have been over the past decade, the whole house of cards may have collapsed by now.

Given that the federal debt has reached the point of no return and repudiation is the only viable option, YT will scream bloody murder at the oil companies when gas is $25/gallon as the dollar gets its ass kicked in the currency markets. Once again the jew will have been able to dupe the average dumb ass into believing that it's corporate greed that's the real problem.
 
Old October 29th, 2009 #10
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Over-intervention will boil the frog.

This is what "they" don't seem to get. Our culture of compliance is based on consumerism. Even the left is starting to notice that we don't have a culture of resistance any more. Mark Ames of www.exiledonline.com whose articles often appear at www.alternet.com is constantly inciting violence and praising school shooters and workplace shooters, and bashing average Americans for not being more violent. Kunstler as well.

It's true. People are not as hard as they used to be, but that's a temporary thing. The old hardness can and will come back

All that needs to happen, and I think is happening, is sufficient economic contraction to make people scramble for resources again, to live in survival mode for a while, to lose their complacency. People who are forced to grow their own food and are underemployed have time to think about things and get lean, mean and pissed off.
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Old December 14th, 2009 #11
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[The worse the economy gets, the more the federal parasites pay themselves.]

The Federal Bureaucracy-Plutocracy

By Robert Higgs on Dec 12, 2009

According to an analysis of federal payroll data by USA Today, the federal bureaucracy has flourished during the current recession.

Federal employees making salaries of $100,000 or more jumped from 14% to 19% of civil servants during the recession’s first 18 months—and that’s before overtime pay and bonuses are counted.

Federal workers are enjoying an extraordinary boom time—in pay and hiring—during a recession that has cost 7.3 million jobs in the private sector.

The highest-paid federal employees are doing best of all on salary increases. Defense Department civilian employees earning $150,000 or more increased from 1,868 in December 2007 to 10,100 in June 2009, the most recent figure available.

When the recession started, the Transportation Department had only one person earning a salary of $170,000 or more. Eighteen months later, 1,690 employees had salaries above $170,000.

The trend to six-figure salaries is occurring throughout the federal government, in agencies big and small, high-tech and low-tech. The primary cause: substantial pay raises and new salary rules.



The growth in six-figure salaries has pushed the average federal worker’s pay to $71,206, compared with $40,331 in the private sector.

The report notes that the data analyzed do not include employees of the White House, Congress, the Postal Service, and the intelligence agencies or uniformed members of the armed forces. Adding these employees to the analysis probably would not alter the general outlines of the study’s conclusions.

This development would be remarkable at any time, but it seems even more remarkable when it coincides with a more-than-doubling of the unemployment rate, a 4 percent decline in real GDP, and the evaporation of trillions of dollars of private wealth in the markets for corporate shares, other financial securities, and real estate.

This development also highlights the division of interests at the heart of classical liberal class analysis: the division between those who gain their income from honest production and trade (which Franz Oppenheimer called the “economic means”) and those who gain their income by plundering the producers (which he called the “political means”). Plutocrats are no longer only the Daddy Warbucks types, wearing diamond stickpins and puffing on oversized cigars (although Hank Paulson clearly illustrates that such types have not disappeared). Now they are also the blank-faced bureaucrats, dozing over their desks in nondescript office buildings.

Even Franklin D. Roosevelt made a better showing in this regard, at least at the start of his presidency. Having campaigned against Herbert Hoover’s excessive enlargement of the bureaucracy and his large budget deficits, Roosevelt pushed through the Economy Act of 1933. This statute provided for substantial cuts in federal spending and veterans’ benefits and gave the president authority to eliminate some federal agencies to achieve greater government economy. Subsequent congressional and executive actions overturned most of the act’s provisions, but at least in this regard, Roosevelt’s heart was initially in the right place.

Unfortunately, we cannot say the same for Barack Obama’s heart. From his campaign, to the massive “stimulus” bill enacted in February, to the obscene hypertrophy of the federal bureaucrats’ pay, perks, and power during the past two years, we see all too plainly that while those of us who use the economic means to gain our living are struggling, those who use the political means are enjoying tremendous success in their plunder of the productive class, and that this conjunction has been anything but accidental. Members of the plundering class wanted it, and they have brought it about, owing to the threats of violence that serve as the basis for all of their actions under the state’s banners.

Thus, the current recession cum financial debacle certainly has been a severe misfortune for you and me, but for the federal bureaucracy, it has been a godsend—complete, we might note, with a messiah to lead the way.

http://www.independent.org/blog/?p=4383
 
Old March 13th, 2010 #12
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Quote:
COVINGTON -- Two IRS Service Center employees in Covington were charged Thursday in a 29-count indictment accusing them of stealing thousands of dollars in money orders.

Joseph Ligon, 37, and Lashon Weaver, 31, both of Cincinnati, were indicted for theft of government money.The indictment alleges that starting in July 2009 and continuing to November 2009, Weaver stole $7,784.62 in money orders. The indictment also accuses Ligon of stealing approximately $3,737.93 in money orders from June 2009 to October 2009.In addition, the indictment also alleges that Ligon and Weaver, aided and abetted by each other, stole a $500 money order.If convicted of the charges, each man faces a maximum prison sentence of 10 years.
http://www.wlwt.com/news/22823450/detail.html

Lashon is most likely a nigger. Not so sure about the other guy. This is probably more prevalent in government offices that we realize. Those offices are full of incompetent, criminal niggers who see a position in government as a license to steal.
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Old March 30th, 2010 #13
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The IRS is investigating dozens of death threats to agency employees that have been posted online since the House passed the health care bill, FoxNews.com has learned.

The health care law has sparked protests on radical anti-tax and anti-government Web sites and within their private, password-protected e-mail lists and message boards. Some writers have labeled March 21 -- the day the House passed the bill – "Bloody Sunday," and they see it as a call to violent action against IRS workers.

In the days following the House vote, animosity toward the IRS intensified, and many heated online protests included specific discussions about the best way to go about killing tax agents.

Hundreds of comments were posted in response to an incendiary story on infowars.com, the radical far-right Web site owned by radio host Alex Jones. The story, entitled, “The Cost Of Defying Obamacare: $2,250 a Month And IRS Goons Pointing Guns At Your Family,” focused on the “increasing militarization of the IRS” and its expansion of powers under the new health care law.

One commenter wrote: “If they actually try to do this, there is going to be a whole lot of thugs start vanishing. This is the last line in the sand. Those fools have just signed their death warrants!!!”

“theres gonna be alot of IRS agents needing healthcare if they try to terrorize us Americans,” another comment read. Yet another wrote, “Come and take them…….they will have to hire so many IRS agents because…well when 10 a day get killed….you do the math."

The IRS says it is investigating the comments as threats to IRS personnel. "We are actively investigating all threats made against IRS employees," J. Russell George, treasury inspector general for tax administration, said in a statement to FoxNews.com Tuesday morning.

Threats to IRS agents have increased steadily in recent years; more than 1,200 threat and assault cases between 2001 and 2008 were investigated.



In February, a small plane pilot named Joseph Stack published an anti-tax manifesto before he crashed his aircraft into a building in Austin, Texas, that housed an IRS office. Stack, who died in the attack along with an IRS worker, became a hero to many in the anti-tax and anti-government extremist movements; the inspector general launched investigations into at least 70 online comments made in support of Stack’s attack.

Now the agency’s expanded role under the health care law has sparked a new wave of animosity toward its employees, which experts say has contributed to an unprecedentedly volatile atmosphere.

"The anger and resentment within the anti-tax movement towards the new health care is overwhelming,” said insurance analyst J.J. MacNab, who’s testified before Congress about the anti-tax movement. “Combine this legislation with the census arriving in everyone’s mailboxes and the fact that we’re heading into tax season, and this could be a really problematic month ahead."

The IRS is now working to beef up security across the country. It will be spending over $100 million in 2010 alone on office security, IRS Deputy Commissioner for Services and Enforcement Steven Miller told Congress earlier this month.

There are 755 IRS facilities in the U.S. — and 64 percent of the facilities have no security presence, according to recent congressional testimony by Colleen Kelley, the president of the National Treasury Employees Union. Union member have expressed concerns about the lack of security, she said, citing walk-in centers with no security other than a lock on the door.



One day after the House passed the health care bill, contract postings appeared on government employment Web sites requesting bids for round-the-clock armed guard security services for a half dozen facilities — including storage facilities and IRS grounds with child care centers. The IRS posted a request for quotes for 60 Remington Model 12 gauge pump-action shotguns for the Criminal Investigation Division, which was first reported on the Drudge Report last month.



According to an IRS office memorandum outlining policy for the use of armed guards during the current tax season, the inspector general will provide armed escorts under the following conditions in April:

- “When an IRS employee has contact with a taxpayer who is the subject of an open TIGTA-OI assault or threat investigation; or



- “When an IRS employee has contact with a taxpayer who has been designated as a Potentially Dangerous Taxpayer (PDT) by the IRS Office of Employee Protection.”



The IRS’s office of criminal investigations will provide armed escort assistance in other situations, the memo said.



But this has served only to further rile anti-tax extremists, who view themselves as patriots and pledge to confront any armed IRS agent with guns of their own.



“WE, I repeat, WE, are armed to the teeth. They need those pumps just to feel safe,” one commenter wrote.



“POINT OF ORDER: I dont shoot BACK; I shoot FIRST……….BUY MORE AMMO,” said another.

In a particularly heinous reply that was praised by dozens of other commenters, someone suggested – in graphic terms – that tax opponents should rape an attractive agent before killing her. "Or vice versa…don’t have a problem with that either.”

Other online discussions delved into specific tactics—what weapons, what bullets, what bait—to employ in the killing of IRS agents.

Someone calling himself, “rEvolutionary” wrote, “I think it would take a different kind of bait. Humans are as predictable as any animal. What kind of bait would draw an IRS pirate..?”

“NOT LMAO” replied, “SITTING IN THE WOODS CRYING BECAUSE THEIR HOUSES ARE GONE SHOULD BE ENOUGH TO DRAW THEM IN…..”



While these threats are being investigated, experts doubt there is much that law enforcement can do to predict if any of these commenters actually plan on taking action. The only thing certain is that the online community of anti-government extremists is growing, and it is increasingly being viewed by law enforcement as a threat.



“I’ve never seen anything like this before,” said MacNab. “The health care bill could very well be the tipping point.”
http://www.foxnews.com/us/2010/03/30...28Text+-+US%29 __________________
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Old March 30th, 2010 #14
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http://www.pensiontsunami.com/
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Old August 31st, 2012 #15
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The Rich Don't Pay Enough?

by Walter E. Williams

If you listen to America's political hacks, mainstream media talking heads and their socialist allies, you can't help but reach the conclusion that the nation's tax burden is borne by the poor and middleclass while the rich get off scot-free.

Stephen Moore, senior economics writer for The Wall Street Journal, and I'm proud to say former GMU economics student, wrote "The U.S. Tax System: Who Really Pays?" in the Manhattan Institute's Issue 2012 (8/12). Let's see whether the rich are paying their "fair" share.

According to IRS 2007 data, the richest 1 percent of Americans earned 22 percent of national personal income but paid 40 percent of all personal income taxes. The top 5 percent earned 37 percent and paid 61 percent of personal income tax. The top 10 percent earned 48 percent and paid 71 percent of all personal income taxes. The bottom 50 percent earned 12 percent of personal income but paid just 3 percent of income tax revenues.

Some argue that these observations are misleading because there are other federal taxes the bottom 50 percenters pay such as Social Security and excise taxes. Moore presents data from the Tax Policy Center, run by the liberal Urban Institute and the Brookings Institution, that takes into account payroll and income taxes paid by different income groups. Because of the earned income tax credit, most of America's poor pay little or nothing. What the Tax Policy Center calls working class pay 3 percent of all federal taxes, middle class 11 percent, upper middle class 19 percent and wealthy 67 percent.

President Obama and the Democratic Party harp about tax fairness. Here's my fairness question to you: What standard of fairness dictates that the top 10 percent of income earners pay 71 percent of the federal income tax burden while 47 percent of Americans pay absolutely nothing?

President Obama and his political allies are fully aware of IRS data that shows who pays what. Their tax demagoguery knowingly exploits American ignorance about taxes. A complicit news media is only happy to assist. We might ask ourselves what's to be said about the decency of people who knowingly mislead the public about taxes. Of course, I might be all wrong, and true tax fairness dictates that the top 10 percent pay all federal income taxes.

Aside from the fairness issue, 47 percent of taxpayers having no federal income tax liability is dangerous for our nation. These people become natural constituents for big-spending, budget-wrecking, debt-creating politicians. After all, if you have no income tax liability, what do you care about either raising or lowering taxes? That might explain why the so-called Bush tax cuts were not more popular. If you're not paying income taxes, why should you be happy about an income tax cut? Instead, you might view tax cuts as a threat to various handout programs that nearly 50 percent of Americans enjoy.

Tax demagoguery is useful for politicians who prey on the politics of envy to get re-elected, but is it good for Americans? We're witnessing the disastrous effects of massive spending in Greece, Italy, Ireland, Portugal and other European countries where a greater number of people live off of government welfare programs than pay taxes. Government debt in Greece is 160 percent of gross domestic product, 120 percent in Italy, 104 in Ireland and 106 in Portugal.

Here's the question for us: Is the U.S. moving toward or away from the troubled EU nations? It turns out that our national debt to GDP ratio in the 1970s was 35 percent; now it's 106 percent of GDP. If you think we're immune from the economic chaos in some of the EU countries, you're whistling Dixie. And when economic chaos comes, whom do you think will be more affected by it: rich people or poor people?

August 31, 2012

Walter E. Williams is the John M. Olin distinguished professor of economics at George Mason University, and a nationally syndicated columnist. To find out more about Walter E. Williams and read features by other Creators Syndicate columnists and cartoonists, visit the Creators Syndicate web page.

http://lewrockwell.com/williams-w/w-williams139.html
 
Old February 15th, 2013 #16
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inheritance tax is bad idea
http://lewrockwell.com/north/north1262.html
 
Old February 21st, 2013 #17
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Look at it this way: As of June 2009, 155 million people were laboring in the shrinking private sector of what remains of the American economy, with a per capita income of $39,751, or a per household income of $50,740. That 155 million worker figure is a bit misleading however, since only 20 million are actually working at construction or manufacturing. How many workers are selling stuff made in China? How many are accountants, trying to keep up with the latest tax codes? If we don't make what we use and sell, and spend untold billions of hours doing paperwork for the IRS, Medicare, or Medicaid, are those hours really productive? Is it really 'productive,' to sell foreign made items? I know, the store makes a profit and pays sales people a salary, but is it really good for America, not to make what it uses and sells?


Does it really have a choice when markets are already global? That would be a question worth pondering.

It can do either one of the following: cut off ties with global trade, make trade local again; or lift all restriction on immigration and salary minimum, make Americans work in sweatshops on par with the Chinese - then the jobs will come back - and don't forget to completely cut all healthcare, pension funds, safety nets, etc. while at that.

I think, America is extremely lucky in a way, because despite producing basically nothing - even those who work in the private sector, are mostly working for the government which subcontracts private entities to spur employment, a lot of those jobs wouldn't even exist were it not for the government - they get to keep more jobs in the tertiary sector of economics (services), than the whole of European Union or the rest of the world, excluding European Union.

Imagine that, people are doing basically nothing of use to the world, just serving as a global capital for trasnational corps - if London was Airstrip One, the US are basically HQ Number One - and get to enjoy one of the highest QoL levels on Earth, ever, with the Chinese producing pretty much all manufactured goods imaginable for them, Indians and Turks - clothes, Taiwan - electronics.

Sounds like a sweet deal.
 
Old April 7th, 2014 #18
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Tax Freedom Day

Laurence M. Vance

Will arrive on April 21 (2014) this year. According to the Tax Foundation, “Tax Freedom Day is the day when the nation as a whole has earned enough money to pay its total tax bill for year.” The day came on January 22 in 1900. “In 2014, Americans will pay $3.0 trillion in federal taxes and $1.5 trillion in state taxes, for a total tax bill of $4.5 trillion, or 30.2 percent of income.”

And yet, when Republicans and conservatives issue tax reform proposals, they always emphasize that their proposals are “revenue neutral.” This means that they think the federal government is entitled to take $3 trillion from Americans so they can continue their spending orgy. I hope to write about this evil soon. But since it is the end of tax season, I hope to have some other things on taxes even sooner.
 
Old April 10th, 2014 #19
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Old July 11th, 2015 #20
RickHolland
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How the Government is Keeping Poor People Poor

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You know, at first, you might think that the poor people in this country have it a lot better than the poor people in most countries in Europe a few centuries ago. Back then, all land that didn’t belong to the Church belonged to the king. He could give it away to reward his dukes, earls and other members of the nobility. That was the catch. If you weren’t part of the nobility, you had little chance of owning your own little plot of land.

In fact, most poor people were serfs. They might have a small piece of land they could grow food on for their own, but they usually had to give part of it to the landholder. They also had to help the landlord work his own fields, and some had to perform other chores.

There wasn’t much hope that their children would have a better life, either. If the parent was a serf, the children were born serfs. If the landowner sold the land that the serfs worked, they went with the land and had to work for the new owner. Occasionally, a serf could manage to buy his own freedom or escape to a town and hide out there. Some serfs received permission to leave the land, such as a woman who wanted to marry a serf on another estate. Most of the time, though, serfs lived their entire lives working the land on which they were born.

As if they didn’t have it bad enough, serfs still had to pay taxes on everything they earned, grew, raised or sold. There was no such thing as a tax deduction in those days. Most poor people couldn’t pay their taxes in cash, so they had to pay with goods. If that meant taking the food they had stored to live on over the winter or the seeds that they needed to plant a new crop in the spring, it didn’t matter to the tax collector. He’d take it all.

Do We Really Have it Better Than the Serfs?

You say that we’ve got it so much better now. We can climb the social ladder and move from poor to middle class or even become wealthy. We are free to move wherever we like without anyone’s permission. We don’t have to work for anyone we don’t want to work for.

All that’s true. However, what you’re missing is that the government has taken the place of the landholder. Just as the landholders worked to keep serfs chained to the land, the government works to keep poor people poor and helps the rich get richer.

The Rich Millionaire and the Poor Worker

Don’t believe me? Think about two people, one a rich millionaire and the other a poor worker. When it comes time to pay the bills, the millionaire, who has just finished a steak dinner accompanied by a glass of fine wine, rises from the table and goes into his private study. He takes out a checkbook and writes checks to cover all his bills. That’s if he doesn’t hire an accountant to handle the task for him. He doesn’t have to worry about whether he has enough to cover his electric bill. He knows that many of his expenses, like his health insurance premiums or mortgage payments, are tax deductible.

The poor person has to handle things a little differently. He can’t afford to hire anyone to write his checks for him. He probably rents his home, and if he doesn’t pay his rent, he’ll be homeless.

He sometimes has to decide whether to pay his electric bill or buy groceries. There are very few tax deductions available to him, because he doesn’t earn enough to qualify for a mortgage, he can’t afford health insurance and he certainly doesn’t have the extra cash to make any significant donations to charity.

The Tax Code is Growing by Leaps and Bounds


Even if there are some deductions the poor person might be able to claim, he’s likely to miss some or all of them. He can’t afford to hire an accountant to prepare his tax returns like the millionaire can. You can bet that the millionaire’s accountant isn’t about to miss a single deduction. The poor guy, meantime, has to try to do his own tax return. Have you ever seen the federal tax code? Back in 1913, it was 400 pages long. As of 2013, it had grown to 73,954 pages. How is any regular person supposed to muddle through that? The tax laws are one way that the government is keeping poor people poor.

If you listen to speeches from either political party, both sides claim to have a solution. The Democrats want to raise taxes on the rich and redistribute that money to the poor through programs like food stamps. The Republicans claim that tax reductions, will create more jobs, enabling poor people to help themselves. Both sides are missing some important points, and without addressing them, neither solution will work.

How About Simplifying Things so People Can Get Ahead?

First of all, why should taxpayers need to pay hefty fees to tax services (or tax professionals) just to maximize their tax refunds or minimize their tax payments? Why can’t the government just simplify the tax code so that the average person can understand everything that’s in it? Why keep a tax code in place that, intentionally or accidentally, penalizes the poor?

As for the argument that more jobs raise poor people’s earnings, it’s true that unemployed people are in dire situations. However, the jobs that are created are not the type that lead to wealth. Many of these jobs pay little or nothing above the minimum wage. They create a class of working poor, people who work full-time jobs but don’t earn enough to support themselves and their families.

Should the Poor People Really Stay Employed?

Our American history shows that almost all of the rich people worked for themselves. They founded companies, factories, mills and railroads. Even today, most of the nation’s richest people are either self-employed or manage companies that they founded.

However, it’s becoming more and more difficult to go into business for yourself. We’re being regulated into serfdom. The official regulation directory had 2,620 pages in 1936. As of 2012, it had 78,961 pages. Poor people who want to go into business can’t afford to hire a consultant to wade through all the regulations and tell them the steps they have to follow. Violate a regulation, such as local or any number of federal rules, and the enterprise could be out of business before it really gets going. Like the tax code, the government needs to simplify the business regulations.

The Poor Are Being Lied to About Education

One other point that neither side seems to want to discuss is education reform. Most kids aren’t prepared to go to work after they finish high school. A college degree is being pushed as the ticket to a better life. For some poor kids, that just means four more years of educational expenses without income. For some rich kids, it can mean four years of fun on their parents’ money.

The simple truth is that not every person, rich or poor, is suited for, or needs, a college education to do what they want to do in life. Some just don’t like the idea of more education. Others have dreams of a job for which there is no college degree. The government needs to accept these facts and focus on programs that provide students with the ability to earn a living with or without requiring a four-year degree. Community colleges and trade schools can help in a number of ways, such as teaming with local businesses to offer internships.

Sure, I know what you’re thinking. America’s still the land of opportunity, isn’t it? Yes, opportunities are still out there. However, until the government realizes that quite a bit of its red tape, rules, regulations, and laws are not in the best interests of the people, it will continue to keep poor people poor.
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