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THE US Tax Thread (merged)

A forum for discussion of regional topics including oil depletion but also government, society, and the future.

Your current federal tax (as a percentage)?

Poll ended at Sun 03 Apr 2005, 15:29:51

0 to 5 percent
3
No votes
5 to 10 percent
2
No votes
10 to 15 percent
3
No votes
15 to 20 percent
4
No votes
20 to 25 percent
1
No votes
25 to 30 percent
5
No votes
> 30 percent
5
No votes
 
Total votes : 23

Re: Who Pays the Property Taxes?

Unread postby InToWishin » Wed 24 Dec 2008, 13:26:33

$this->bbcode_second_pass_quote('ReverseEngineer', 'T')he Federal Goobermint is left holding the bag here with the securities but no property, and then the Federal Goobermint goes out of business. The States then Reincorporate a new Holding Company called the USSA and take over all the old buildings of the old USA Goobermint located in their states by Emminent Domain. They issue a new Dollar themselves, cutting the Fed out of the loop. They no longer owe anything to anybody other then their own paper they sold on International Markets, all the old debt of the USA is wiped off the books when that corporation went Bankrupt and out of business.


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Re: Who Pays the Property Taxes?

Unread postby InToWishin » Wed 24 Dec 2008, 14:05:45

$this->bbcode_second_pass_quote('ReverseEngineer', ' ')Who now holds these securities? The Federal Goobermint, which took in all the Toxic Debt in return for handing out juicy Treasury Bonds, right?


Just because they issued treasury bonds how does that mean they assumed the securities?
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Re: Who Pays the Property Taxes?

Unread postby ReverseEngineer » Wed 24 Dec 2008, 18:17:24

$this->bbcode_second_pass_quote('InToWishin', '')$this->bbcode_second_pass_quote('ReverseEngineer', ' ')Who now holds these securities? The Federal Goobermint, which took in all the Toxic Debt in return for handing out juicy Treasury Bonds, right?


Just because they issued treasury bonds how does that mean they assumed the securities?


They exchanged the treasuries for the toxic debt, basically buying it from the banks at the stated value, which none of them are worth at all. If they are worth 20 cents on the dollar it would be a miracle. The idea is supposedly after this is all calmed down they will resell all the stuff and make a profit for the taxpayer. Right. Can I sell you some swampland in NJ also?

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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby vtsnowedin » Thu 19 Feb 2009, 15:06:15

8) Knowing some military people and how the government screws up their paperwork and taxes I'm betting that more then half the people listed don't really owe any more tax , and know it but just can't get the gobbermint rocket scientist to admit it or fix it. Unless you a sec. treasury type you get automatically withheld anyway so who's responsible if you got behind?
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby IgnoranceIsBliss » Thu 19 Feb 2009, 15:16:54

Pay up or get fired. Simple solution.
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby vtsnowedin » Thu 19 Feb 2009, 15:25:12

$this->bbcode_second_pass_quote('IgnoranceIsBliss', 'P')ay up or get fired. Simple solution.

1. They have a union.
2. They have the right to due process.
3. Considering the size of the federal payroll the amount owed is tiny.
4. This is government. There are NO simple solutions. :twisted:
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby ubercrap » Thu 19 Feb 2009, 15:27:23

$this->bbcode_second_pass_quote('IgnoranceIsBliss', 'P')ay up or get fired. Simple solution.


Why fire? Garnish wages and benefits...done.
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby Boris555 » Thu 19 Feb 2009, 15:56:18

My boss at a former job scammed the IRS for over $100,000 in phony refunds one year.

He got caught the next year because he got greedy and tried to get an additional $300,000.

Where did I work?

The IRS.

I am not kidding.
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby mattduke » Thu 19 Feb 2009, 16:09:19

Since government "workers" are paid by productive citizens taxes, why do they go through the rigmarole of "paying taxes" anyway? It would be more efficient for them to receive smaller salaries and not file.
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby frankthetank » Thu 19 Feb 2009, 16:35:55

Government workers are the hardest working people in this country. Get your facts straight. These people work in slave like conditions, with minimal rewards.....







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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby IgnoranceIsBliss » Thu 19 Feb 2009, 16:50:59

$this->bbcode_second_pass_quote('ubercrap', '')$this->bbcode_second_pass_quote('IgnoranceIsBliss', 'P')ay up or get fired. Simple solution.


Why fire? Garnish wages and benefits...done.


I thought of that, but then who wants some disgruntled wage slave on the payroll? You thought they were unproductive before, but wait until their wages are garnished. Then it will be a herculean effort to lift a finger.

Maybe their withholding needs to be jacked up so they are forced to pay.
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby Tyler_JC » Thu 19 Feb 2009, 17:49:37

$this->bbcode_second_pass_quote('mattduke', 'S')ince government "workers" are paid by productive citizens taxes, why do they go through the rigmarole of "paying taxes" anyway? It would be more efficient for them to receive smaller salaries and not file.


I used to think that.

But if you think about it further, each person has a unique tax profile. If you switch from a government to a private sector job, their tax status would change. If they are married, they would have different taxes than a single person. If they donate to charity, invest in a child's education fund or their own IRA, etc. they would get a tax deduction but couldn't use it because they wouldn't be part of the tax system. The government would end up having to do the taxes of each individual employee before giving them a salary and if anything changed, they would have to re-adjust their salary each time. It would be an administrative nightmare.

The income tax system is a form of social engineering. We want to encourage good behavior (buying home isolation) and discourage bad behavior (pulling money out of a 401K before retirement). Tax deductions and penalties give us a tool to do this.
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby davep » Thu 19 Feb 2009, 17:56:16

In other news, thieving bankers are getting two hundred times this amount of your money. And that's just for starters. Torches and pitchforks, anyone 8)
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby heroineworshipper » Thu 19 Feb 2009, 18:06:30

what are you going to do about it, you slaves? Now get back to voting for who you're supposed to vote for so we can raise those taxes.
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby frankthetank » Thu 19 Feb 2009, 18:11:34

On my son's "Donkey Ollie" dvd, the one episode has the bad guy calling the kids who have been kidnapped to work for the pharohs "slave zombies"... its funny stuff.
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby mattduke » Thu 19 Feb 2009, 19:30:10

$this->bbcode_second_pass_quote('Tyler_JC', '')$this->bbcode_second_pass_quote('mattduke', 'S')ince government "workers" are paid by productive citizens taxes, why do they go through the rigmarole of "paying taxes" anyway? It would be more efficient for them to receive smaller salaries and not file.


I used to think that.

But if you think about it further, each person has a unique tax profile. If you switch from a government to a private sector job, their tax status would change. If they are married, they would have different taxes than a single person. If they donate to charity, invest in a child's education fund or their own IRA, etc. they would get a tax deduction but couldn't use it because they wouldn't be part of the tax system. The government would end up having to do the taxes of each individual employee before giving them a salary and if anything changed, they would have to re-adjust their salary each time. It would be an administrative nightmare.

The income tax system is a form of social engineering. We want to encourage good behavior (buying home isolation) and discourage bad behavior (pulling money out of a 401K before retirement). Tax deductions and penalties give us a tool to do this.


I just threw up a little in my mouth.
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Re: Federal Workers Owe Billions in Unpaid Taxes!

Unread postby Plantagenet » Thu 19 Feb 2009, 21:36:33

$this->bbcode_second_pass_quote('IgnoranceIsBliss', 'P')ay up or get fired. Simple solution.


Liberals don't have to pay income taxes until Obama appoints them to a position in his cabinet.
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Taxing pot could become a political toking point

Unread postby Carlhole » Tue 24 Feb 2009, 17:01:32

LA Times

$this->bbcode_second_pass_quote('', 'A')n Assemblyman from San Francisco argues that it's time to tax and regulate the state's biggest cash crop in the same manner as alcohol. Opponents say it would create new costs for society.

...Buoyed by the widely held belief that cannabis is California's biggest cash crop, Assemblyman Tom Ammiano contends it is time to reap some state revenue from that harvest while putting a damper on drug use by teens, cutting police costs and even helping Mother Nature.

...Anti-drug groups are anything but amused by the idea of California collecting a windfall from the leafy herb that remains illegal under federal law....


$this->bbcode_second_pass_quote('', 'B')ut the biggest boon might be to the bottom line. By some estimates, California's pot crop is a $14-billion industry, putting it above vegetables ($5.7 billion) and grapes ($2.6 billion). If so, that could mean upward of $1 billion in tax revenue for the state each year.

"Having just closed a $42-billion budget deficit, generating new revenue is crucial to the state's long-term fiscal health," said Betty Yee, the state Board of Equalization chairwoman who appeared with Ammiano at a San Francisco news conference.

Also in support of opening debate on the issue are San Francisco Sheriff Mike Hennessey and retired Orange County Superior Court Judge James Gray, a longtime legalization proponent.


I'm just wondering if there is anyone who posts regularly on these boards who thinks that marijuana should remain illegal?

Seems like during times of great stress - financial stress - such as the country is experiencing now - that big changes, such drug legalization, become more probable.
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Re: Taxing pot could become a political toking point

Unread postby lawnchair » Tue 24 Feb 2009, 17:14:00

You know, if I were in politics, a summer of mellowed-out gigglers surely sounds better than a summer of rock-throwing unemployed street protesters.

Also, while I kind of laugh at the "industrial hemp is the greatest plant product/foodstuff/floor wax of all time" people, I'm not opposed to a entrepreneurial fad around trying those claims, either.

Never smoked it. Not terribly likely to. But damned if I can see a reason for it to be more illegal than liquor or cigs.
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