Archive for the ‘Death & Taxes’ Category

The B.O. Republicans who voted for Geithner

Tuesday, January 27th, 2009

Michelle Malkin provides us with this list of Republican senators who voted FOR Timothy Franz (call me Tim) Geithner.

Corker (R-TN)
Cornyn (R-TX)
Crapo (R-ID)
Ensign (R-NV)
Graham (R-SC)
Gregg (R-NH)
Hatch (R-UT)
Shelby (R-AL)
Snowe (R-ME)
Voinovich (R-OH)

We’re not surprised that Robert Phillips (call me Bob) Corker, Jr. voted for Geithner.  He has proven to be less interested in doing what Tennesseans hired him to do, represent us in congress, and more inclined to do what is best for Bob.

Another Republican from Tennessee recently did the same thing.  David Davis was elected to the House of Representatives in 2006 and was defeated in the 2008 primary.

Given the strong showing by Democrat Harold Ford in the last senate class I election (Corker only won by 2.7%, compared to a 33% margin of victory for Lamar Alexander in the 2008 election), it is logical to assume that Corker is playing politics to win support from those Ford voters; However, by doing so he is disenchanting conservative voters in Tennessee.

Had Corker and his ilk been willing to stand up for what’s right, we wouldn’t now have a Treasury Secretary who likes to cheat on paying his taxes.

Given that Corker likes to cheat on his business conflicts of interest, he may have made a deal with Geithner to get in on the action.

Far Out

Friday, January 9th, 2009

So, we’ve done it.  Surpassed the one trillion dollar deficit threshold.  What’s a trillion dollars?  How do you wrap your brain around a trillion dollars?  Well, let’s try the comparison thing.  Let’s do a stacking exercise.

Stack one has 1,000 bills and is 4.3 inches tall

Stack two has 1,000,000 bills and is 358 feet tall

Stack three has 1,000,000,000 and is 68 miles tall

Stack four has 1,000,000,000,000 and is 67,866 miles tall

Our national debt is now 11 trillion, which is 746,527 miles tall

A million here and a million there, and pretty soon you’re talking about real money.

Of course our exercise is hypothetical because you can’t stack money like that without a complete collapse.

O. Wait…

What Is This “Payroll Tax” Thing That The Messiah Is Rhetoricating About?

Tuesday, October 28th, 2008

One of the things that gets me is that Obama wants to eliminate “any” tax burden from at least 40% of the population.  I am catastrophically disabled and receive Social Security.  I got that benefit by paying an insurance premium for 30 years.  That insurance premium is known as FICA.  Obama calls it “payroll taxes”.  My employers paid into that premium fund right alongside me.  Now Obama wants to completely eliminate Income Tax on at least 40%, he also wants the other 60% (YOU) to pay their insurance premiums.  Don’t be fooled by the rhetoric.  This is the kind of policy Karl Marx fought his whole life for.  I don’t care if you call it socialist, Marxist, or “Spreading the Wealth Around”, it is what it is.

Truth Stranger than Fiction

Friday, February 1st, 2008

We recently discovered that there is this “thing” called the “Taxpayer Advocate Service” (TAS).  The TAS, allegedly, reports directly to Congress and is outside the influence of the IRS.

 In a report that the TAS submitted to Congress titled: “Fiscal Year 2008 Objectives”, we found this on page 58:

The Influence of Social Norms and Cognitive Processes on Taxpayer Compliance
 
Traditional theories attribute taxpayer compliance solely to a fear of detection and punishment.  These deterrence models of taxpayer compliance have poor explanatory power.  Current research demonstrates that the choice to comply is not purely rational.  Rather, personal values, social norms, and non-rational cognitive processes also strongly affect the decision. 
 
In another contractor study, TAS is seeking to identify and analyze the reasons why taxpayers comply with the tax laws.  The contractor will review and summarize current research on how values, norms, and cognitive processes influence compliance behavior and will develop recommendations concerning how research in this field can be applied to
improving tax administration and voluntary compliance.”

We haven’t been able to figure out who the contractor is or how much the contractor was paid.  We are, however, convinced that the amount spent was too much and the contractor has excellent political connections.

We can’t make this kind of stuff up. 

Washington County Wheel Tax

Monday, January 7th, 2008

The Washington County TN Commission passed a $50.00 “Wheel Tax” that is supposed to go into effect July 1st 08.

One of the most staunch arguments in favor of this regressive tax was that people who rent don’t pay property taxes.

Are there really people so unaware that they believe that?  Doesn’t everyone with an IQ over 12 know that property tax is included in calculating the amount of rent charged?

Name me a landlord that reduces the amount of rent and pays the property taxes out of the goodness in their heart.

I’ll leave the light on for you.