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MEME: Protect us from what?
Wednesday, September 24, 2025
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Leave a Comment » | 
MEME | Tagged: Gooferment, satan, Taxes | 
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Posted by reinkefj
POLITICAL: Cutting taxes without addressing spending is just a fraud
Wednesday, September 25, 2024https://www.lewrockwell.com/2024/09/laurence-m-vance/whats-so-goofy-about-eliminating-taxes/
lewrockwell.com
What’s So Goofy About Eliminating Taxes? – LewRockwell
By Laurence M. Vance
*** begin quote ***
As usual, Ron Paul gets it right:
It is common to describe tax cuts as “costing” the government. Saying tax cuts cost the government assumes that the government has a moral claim over an individual’s earnings, so anytime those running the government allow individuals to keep more of their money the rulers are being generous. The truth is that income belongs to the people who earn it and that saying tax cuts cost the government is like saying burglar alarms cost thieves. Therefore, any legislation that cuts taxes is a victory for liberty.
*** end quote ***
If the politicians and bureaucrats merely cut taxes, but don’t address Gooferment spending, then it just means bigger deficits, means more borrowing, means more money printing by the FED, means more currency debasement, means more inflation.
It’s just fraud being perpetrated on “We, The Sheeple”.
I’d prefer that the amount cut from taxes is immediately cut from the spending. Accross the board on a percentage basis.
I would further favor, any deficit means that the incumbents in Congress are ineligible for reelection. Bet that would fix the problem.
Also, taxpayers get a veto on all spending bills!
We need a third “house” elected by taxpayers, who get one vote for every dollar they pay in taxes.
Argh!
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Leave a Comment » | Political | Tagged: Laurence M. Vance, LewRockwell.com, Taxes | Permalink
Posted by reinkefj
GOVEROTRAGEOUS: “SALT” in our wounds
Friday, April 29, 2022Supreme Court Definitively Ends the SALT Tax Deduction Case
- The highly dubious lawsuit filed by four blue states against the the law capping federal tax deductions for state and local taxes is now truly dead in the water.
Ilya Somin | 4.18.2022 8:26 PM
*** begin quote ***
As Jonathan Adler points out, today the Supreme Court refused to review a lower-court decision upholding the 2017 tax law’s caps on the federal tax deduction for state and local taxes. The law, enacted by a GOP-controlled Congress, limits this $10,000 for individual taxpayers and married couples filing jointly, and $5000 for married people filing separately. Jonathan rightly notes that the case never had much merit, which is why it was uniformly rejected by the lower-court judges who considered it (all of them Democratic appointees).
I have followed this case from its inception. The claims the plaintiffs raised about coercion, the Tenth Amendment, and other issues, are important for anyone who follows constitutional federalism issues, and would have set a dangerous new precedent had they succeeded. Here is a list of my posts about it.
*** end quote ***
While I am far from “rich”, having real estate in a “blue state”, I’m impacted by SALT.
i object to the entire concept of the “federal income tax”. The Dead Old White Guys must be rolling over when SCOTUS affirms the income tax and all the host of other confiscatory taxes that the central Gooferment levies on the people.
“We, The Sheeple” are just stupid cowards. The Revolution was fought over the King’s taxes which were a fraction of what we pay today. If the Blue States really had their acts togeter, they’d secede from the Union. If the Red States really had their acts togeter, they’d secede from the Union. There is NO reason to allow Washington to run our lives with one size fits all Gooferment policies.
Time has come for everyone to go their separate ways.
“Would you tell me please, Mr. Howard, why should I trade one tyrant three thousand miles away for three thousand tyrants one mile away? An elected legislature can trample a man’s rights as easily as a king can.” Mel Gibson as the character Benjamin Martin in the movie The Patriot http://www.imdb.com/title/tt0187393/quotes
We should trade for local tyrants, as opposed to Washington DC tyrants, because we MIGHT be able to convince the locals. If not, it’s not a far drive to bring the torches and pitchforks.
Argh!
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Leave a Comment » | GOVEROTRAGEOUS | Tagged: Ilya Somin, SALT Tax Deduction, Supreme Court, Taxes | Permalink
Posted by reinkefj
GOVEROTRAGEOUS: Time to nuke the DHS; What IS DOD for?
Tuesday, February 28, 2017https://mises.org/blog/four-agencies-abolish-along-dept-education
Four Agencies to Abolish along with the Dept. of Education
02/23/2017Ryan McMaken
*** begin quote ***
One: The Department of Homeland Security, $51 Billion
Somehow, the United States managed to get along for more than 225 years before this Department was created by Congress and the Bush Administration in 2002.
The Department quickly became a way for the federal government to spread federal taxpayer dollars to state and local law enforcement agencies, thus gaining greater control at the local level. The DHS administers a number of grant programs that have helped to purchase a variety of new toys for law enforcement groups including new weapons, and new technologies. Also included in this is the infamous military surplus program which is supplies tanks and other military equipment to police forces everywhere from big cities to small rural towns. The crime-free town of Keene, New Hampshire made sure its police received a tank through this program as have many larger cities.
When the Orlando gunman opened fire in the Pulse nightclub in 2016, the police eventually rolled up in a tank — which did nothing to stem the bloodshed inside the club.
Police claim they need these half-million-dollar vehicles from the DHS to deal with civil unrest. Never mind, of course, that every state already has a National Guard force specifically for that purpose.
While the Department was created in response to the 9/11 attacks, the Department does nothing to address anything like a 9/11-style attack, and all the agencies that were supposed to provide intelligence on such attacks — the FBI for instance — already exist in other departments and continue to enjoy huge budgets.
DHS also includes agencies that already existed in other departments before, such as the Federal Emergency Management Agency, and the agencies that handle immigration and customs. Those agencies should either be returned to the departments they came from or be abolished.
And, few would miss the Transportation Security Administration — an agency that has never caught a single terrorist, but has smuggled at least $100 million worth of cocaine.
*** end quote ***
I guess no one sees the irony of using the word “homeland” which was used throughout the reign of Hitler and throughout World War II.
Doesn’t the “Department of Defense” include the mission of DHS? And if not, why not?
Seems like we could “repurpose a lot of Human Resources” (Isn’t that what corporations say before layoffs?), very quickly and easily.
Time to start with a BIG chopping block.
DHS, and with it TSA, was stupid “knee jerk” reaction to 9/11. And it has proved just how inept a response it was. Argh!
I continually reiterate my favorite question: “Can anyone name a Gooferment program that accomplishes its goals? Never mind how inefficient and ineffective they are, they go one forever — like perpetual motion machines.
Argh!
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Leave a Comment » | GOVEROTRAGEOUS | Tagged: Political Theory, spending, Taxes | Permalink
Posted by reinkefj
POLITICAL: Abolish the IRS
Wednesday, April 15, 2015http://www.againstcronycapitalism.org/2015/04/enough-is-enough-abolish-the-irs/
Enough Is Enough: Abolish the IRS
By Editor on April 12, 2015
*** begin quote ***
The income tax is absolutely crazy if one takes a moment to think about it. We’ve become so conditioned to accept it that we don’t even realize how ridiculous it is. The government taxes one for being productive, for creating income for one’s family, for doing one’s part to grow the economy. It doesn’t make any sense.
*** and ***
The IRS has also become a political tool as the Lois Lerner debacle illustrated.
*** and ***
We should seriously consider a flat tax. Forget consider, we should institute a low flat tax tomorrow. 12.5% across the board. I could live with that (for right now.) 1 postcard on April 15th. No forms. Easy. Actually EZ.
*** end quote ***
I say 10%!
With reduction every year.
Until it’s zero.
Like Prohibition, “(pseudo) War on (some) Drugs”, and the Federal Reserve, “We, The Sheeple” have allowed a lot of mistakes to be made.
Argh!
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3 Comments | Political | Tagged: big government, crony capitalism, cronyism, Economics, Economy, GOP, government income tax, IRS, jobs, LIBERTY, money, Norquist, Obama, Taxes, Washington DC, White House | Permalink
Posted by reinkefj
RANT: The four insideous taxes
Sunday, February 3, 2013”“Florida is a state of choice,” said Thalius Hecksher, global development chief for Apex Fund Services, who moved many of his operations to Palm Beach. “It’s organically grown. There’s no need to drag people down here. It’s a zero-income-tax jurisdiction.”” http://buff.ly/WszLB0 Should have done it year ago!!!
‘Wall St.’ flees NY for tax-free Fla.
The city’s hedge-fund executives are flying south — and it’s not for vacation. An increasing number of financial firms, especially private equity and hedge funds, are fed up with…
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Don’t forget FOUR insidious taxes that you don’t see: (1) the inflation tax — the FED has destroyed 99%of the value of the dollar in the last three or four decades; (2) the gas tax — gets added into every product sold and into every capital good used to make products, or deliver them; (3) the corporate tax — corps don’t pay tax, people do, they just pass it on; and (4) the estate tax — that turns productive assets into legal fees and schemes to avoid it as opposed to capital investment that improves society’s wealth — say goodbye to the family farm or a families’ small business. I’d assert that (a) the true tax rate is incalculable because it’s so well hidden; (B) it crushes the poor and middle class; and (c) some years we pay more than 100% of an annual year’s earnings in taxes! The loss of purchasing power means real savings goes down DESPITE rising account balances!!!!!!!!!
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Leave a Comment » | Ranting | Tagged: Corporate Tax, estate tax, Gas, gas prices, gas tax, Inflation, poor, Taxes, theft | Permalink
Posted by reinkefj
MONEY: Don’t think your employer pays anything; you do!
Friday, September 14, 2012Ignore taxes and benefits and anything other than the value equation.
Assume for a minute that an employee generate $100 of value for an employer.
And, that is the basis of the deal they strike.
Let’s say the employer is generous and give the employee ½ and keeps the other ½.
Employee winds up with $50.
Now lets factor in ONLY social security tax. (12.4% “split” 50/50)
Same value equation.
The $50 “earned” by the employee.
$6.20 split 50/50? 3.60 each.
So the employee gets $46.40, the Gooferment gets $6.20, and the employer retains a value of $46.40.
If to do the deal the employee has to give the employer $50 of value, then the employee has to be willing to take less.
So the employee has to be willing to take $43.80 so that the employer gets $50.
Cut through the illusion that the employer “pays half”!
The employee’s value equation is reduced by the tax that the employer pays.
Each deduction from your pay obviously you pay. But, every dollar your employer puts out on your behalf, ALSO, comes out of YOUR pocket.
Benefits are a bigger scam.
Remember that EVERYTHING comes out of your (the employee’s side of the value equation).
So any benefit that the employer “gives” you, you’re paying for.
And, for example, in the case of health benefits, the employer gets a tax deduction.
But, if you buy them, you don’t. (Yeah schedule A maybe after the % take back.)
How about life insurance? Same thing! They get a tax deduction on your money. And, that’s not deductible to you ever.
Argh!
It’s a rigged game and employees think the employer is being “magnanimous”.
Every item is like that: pension, 401k contribution, … everything has an angle that favors the employer.
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Leave a Comment » | MONEY | Tagged: benefits, social security tax, Taxes, value equation | Permalink
Posted by reinkefj
LIBERTY: Gooferment fails to protect property rights
Friday, January 27, 2012http://lewrockwell.com/napolitano/napolitano37.1.html
How Much Economic Freedom Do We Have in the United States?
by Andrew P. Napolitano
*** begin quote ***
The root of economic freedom is the recognition of the right to own private property. That includes the right to utilize it unmolested, to dispose of it without anyone’s permission and to exclude anyone from it, even the government. Suffice it to say, no American president since the advent of the income tax and the Federal Reserve 100 years ago has fully accepted or meaningfully defended that right. The more the government extracts in taxes and the more it inflates the money supply, the more it rejects and assaults property rights.
*** and ***
There is not a single example in human history of central economic planning producing more prosperity than a free market. The framers understood that. That’s why they wrote a Constitution that prohibited an income tax, forbade the states from interfering with contracts, and prevented the feds from taking life, liberty or property without due process. All those constitutional prohibitions have been nullified by amendment or disregarded by consensus.
*** end quote ***
From the diktats (i.e., what the politicians call “laws” and “regulations”) that deprive folks of their property, to the taxes and inflation to just steal their wealth, we have no property rights.
In New Jersey, the real estate property tax mostly to support the Gooferment Skrules turns owners into defacto “renters.
How can you think we are free?
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Leave a Comment » | LIBERTY | Tagged: diktats, economic freedom, Fifth Amendment, income taxes, Inflation, Law, Napolitano, regulation, Taxes | Permalink
Posted by reinkefj
POLITICAL: Irish pensioners targets of revenue enhancement
Thursday, January 19, 2012http://www.irishcentral.com/news/Irish-pensioners-fury-over-new-taxes-137097448.html
Irish pensioners fury over new taxes
Previously “untouchable” state services get cuts
ByPADDY CLANCY,Irish Voice Reporter
Published Thursday, January 12, 2012, 7:57 AMUpdated Thursday, January 12, 2012, 7:57 AM
*** begin quote ***
Savage cuts to a host of previously “untouchable” state services are now being actively considered by the government as a result of Ireland’s dire financial position.
*** end quote ***
In the search for money to feed the Gooferment spending habit, the “pensioners” are a good target. They don’t “move” so quick. But they do vote.
Look for this idea to travel over the pond and get adopted here.
The USA Gooferment is in perpetual deficit, with an incalculable debt, the IRA / 401K total is about 14T$. Look for the politicians and bureaucrats to steal that.
You heard it. Steal it in exchange for an “enhanced social security benefit”.
Argh!
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Leave a Comment » | Political | Tagged: 401k, IRA, pensions, Social Security, Taxes | Permalink
Posted by reinkefj
MONEY: Capture all your medical or job search deductions NEXT year!
Thursday, January 6, 2011Here’s an idea of a “new year’s resolution”. First a little background. This year, my wife was diagnosed with a form of pre-leukemia. It’s been a mess in every dimension. As I sit here thinking about it, and tax time, I wish I had captured all the medical expenses. It’s just one more straw breaking my “camel’s back”. But this year, I have a strategy. I have a blank check register. I’m going to contemporaneously log every expense in the “check” register. I should be able to capture EVERY medical expense. I’ll let you know at the end of the year how I make out.
p.s., I think the same strategy would work for Job Seekers who also have deductible expenses. I shudder to think of all the expense deductions I have missed over the years. Argh! But new year, and self-granted amnesty for all mistakes in the prior year. But still, it gripes me to have missed the opportunity.
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Leave a Comment » | MONEY | Tagged: Taxes | Permalink
Posted by reinkefj
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