Keyword: taxation
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In yet another attempt to assault the tea party movement, the left has a new weapon up its sleeve. A weapon its predecessors in totalitarian countries such as liberal Germany and liberal China have used frequently. Revisionist history. In this case it concerns an event in American history. the Boston Tea party. A revolt by colonists where a merchant ship carrying tea from the British East India company was seized and its cargo dumped overboard. This was all due to unjust taxation by British Parliament thousands of miles away. Taxation without representation as our founders put it which was considered...
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this video was recently posted here on FR to be cheered as a victory for the little guy. http://www.youtube.com/watch?v=FSIFzKNj10E i felt the subject deserves its own thread for discussion on implications regarding progressive taxation. the gist of the case was the government taking private property from one individual and giving it to another. the courts found this to be unconstitutional and ruled in the favor of Randy the mechanic. the money you earn is also private property. redistribution of wealth is the mechanism of confiscating that property to be given to others by the government. how is redistribution of wealth...
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A successful parasite must keep its host alive, finding the point where it can maximize its intake without killing off its source of sustenance. So, too, with governments taxing their citizenry. With taxation, governments can reach the point where higher rates produce less revenue. An academic study found that a tax increase of just 1% of GDP causes a recession and then a permanent loss of 1.84% of GDP compared to what it would have been without the tax increase. The results of this study have some really broad and interesting implications. The punchline is that this study was done...
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...Cost of Government Day was celebrated nationally on August 19, meaning that the average American had to toil for a full 231 days in order to pay off their burden of government. Nearly a month later, New Jersey doesn’t finish paying off their burden of government until after 257 days of work, a difference of 26 days. This mammoth government is financed by taxes, and New Jersey has done its fair share of tax hikes: in the past eight years, residents of New Jersey have faced an additional $22 billion in taxes—a hideous increase of $2472.86 per man, woman, and...
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A few months ago I noted that, in my opinion, Obama and his administration, with the passage of his “healthcare” plan (aka Obamacare), had openly declared war on the American people. For those of you who may still doubt that, or may still be so delusional as to still be clinging to that "Hope and Change" lie as to disagree with the opinion, please continue to read: The following may be verified by going to http://www.thomas.gov/, enter "HR 3590" in the search box and look for "CRS Summaries." This is what you'll find: Title IX Revenue Provisions—Subtitle A: Revenue Offset...
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An insight into how liberals and conservatives differ not just in politics but also ways of thinking.
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The Onondaga Nation will likely stop selling national-brand cigarettes next month and rely solely on Indian-made brands at its smoke shop south of Syracuse, a nation attorney said Thursday. “Unless something changes, as of Sept. 1 we won’t be able to sell major brands that are untaxed,” said lawyer Joe Heath. “It doesn’t make that much sense to sell them at the same price as people can get them at the convenience store across the street.” The Onondagas sold 1.2 million cartons of cigarettes last year tax-free. On Wednesday, the state will require wholesalers who supply Indian reservation stores to...
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If you could collect $100 for every claim a political candidate slings your way about Minnesota's business taxes, you probably could start a respectable small business. The political points are simple: Minnesota's business taxes are so onerous they drive companies and jobs to other states. Or, from another view, companies use loopholes to avoid paying their fair share of the costs of state and local services. Of course, the issue is not at all simple. More than any other, it offers proof that statistics can be manipulated to support almost any point.
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The people of the United States have been blessed to live in a country that has experienced, over the past seventy years, the most sustained period of overwhelming prosperity in the history of mankind. However, due to the staggering growth of government, unrealistic expectations of the citizenry, and a new global economy, the current makeup of the economic engine of the country is such that it will not be able to generate sufficient wealth to finance the nation's long-term financial commitments, jobs, and desires of the populace.
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Britain has sunk into a pit of debt which is five times deeper than previously feared, with the country now owing the equivalent of £200,000 per household. Instead of the £1 trillion reading normally presented as the nation's debt, the UK is in the red by closer to £5 trillion... a broader set of ONS figures taking in Government liabilities show unfunded public service pension obligations could add another £1.2 trillion and liabilities in unfunded state pension schemes a further £1.35 trillion. The sum is almost four times the size of the UK's total gross domestic product in 2009...a more...
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Dr. Ron Paul explains why income tax and the FED are contradictory to individualist freedom. Most freepers disagree w/ Dr. Paul on foreign policy and I do too but this video is worth listening to.
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From my forever in progress book on the history of taxation in the United States entitled The Power to Destroy. Chief Justice John Marshall penned the famous words: “…the power to tax involves the power to destroy.” "In FY 2008, the U.S. Congress pushed through $17.2 billion in pork attached to 12 appropriations bills. There were many moments to cherish but we will consider but one here; certainly not the biggest earmark but one of the most interesting. Rep. Charles Rangel (D-N.Y.), a nineteen term representative, asked for and got $1,950,000 for a library and archives at the Charles B....
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Mention the new "tan tax" in a major news outlet and cries of discrimination and reverse racism often follow.
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, Print This Post The United States is confronting trillion dollar deficits as far as the eye can see, and Congressional liberals seem finally to realize that the exploding debt has become a major problem. The President created a debt commission to consider the problem, and probably to recommend a raft of tax increases intended to close the deficit. With a clear sign that Congressional leaders are looking for ways to raises taxes, these proposals will get serious consideration. Democrats Want to Tax Your ATM Withdrawals Complete article: http://www.redstate.com/erick/2010/07/08/democrats-want-to-tax-your-atm-withdrawals/
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Who agrees and who disagrees with Dr. Paul? I would like to see income tax abolished (it is socialism light) but what say other Freepers? Watch the video of course.
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In a recent interview, Steve Wynn, the successful American casino resort and real-estate developer, made some shocking observations about the unstable and aggressively anti-business atmosphere in America perpetuated by our own government. In his interview with CNBC, Steve expressed the nightmarish situation that US companies face due to the arbitrary, punitive, and misguided manner in which legislators in Washington, DC continue to endlessly tax and regulate businesses in America, while our economy continues to suffer and deteriorate. In a criticism clearly directed at President Obama and the Democrats, Mr. Wynn focused on the key reason why America is now less...
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I've been looking for a quote all morning to no avail. It goes something like this... "To tax from the public in order to fund what they find abhorrent is... [bad]." It's usually applied to the abortion debate. Can you help?
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(NaturalNews) According to a recent report from CNNMoney.com, the massive U.S. health care system overhaul includes more than just a transition to government-run medicine. A small section hidden away in the 2,409-page bill requires all businesses to send 1099 tax forms to every company or individual from which they purchased more than $600 in services and goods throughout the tax year, beginning on January 1, 2012. As you'll see below, this new law threatens to cause a wave of paperwork chaos across the entire U.S. economy, stifling the operations of small businesses and driving more jobs overseas. Here's why... 1099s...
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What's rapid economic growth to a Democrat? Or truth? Or fairness? Hillary Clinton gave us pretty good indication of all three on May 27th, when she said: "The rich are not paying their fair share in any nation that is facing the kind of employment issues [America currently does] - whether it's individual, corporate or whatever [form of] taxation forms." She then went on to cite Brazil as a paragon of economic growth - and taxation: "Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what - they're growing like crazy." But, as with any "fact" a...
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It is interesting how the left will take a politically popular idea and pervert it into something that will only further destroy a country that is already well down the road to serfdom. The latest example is the Obama administration's repeated statements that it is looking into the possibility of a Value Added Tax (VAT). This comes after almost two decades of millions of Americans advocating a "Fair Tax" instead of the current income tax system. Obama's apologists will state that they both are, after all, taxes on consumption. The similarities after that, however, largely evaporate. The Fair Tax is...
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