Tag Archives: Taxes

Tax Cuts Supercharge the Economy

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If you get your fake news from the corporatist filtered media, the sky is falling now that the Trump tax cuts are law. Pounded into the skulls of the dense hard heads of diminished grey matter is that the benefits of putting more cash into the pockets of everyday workers is peanuts. The collectivists who operate under communist economic doctrines fear that their normal class warfare rhetoric is hitting a wall of worry from their pro redistribution base. This factor requires telling an even bigger lie. Unleashing the animal spirits of confidence in growing the economy is now a reality, and the defenders of slicing a shrinking pie cannot bear the contrast of a vibrant and expanding economy.

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Nest Gems – A New Way to be Taxed

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A subject so near and dear has become a national preoccupation. Avoid thinking about just how much taxation really targets our pocket books. The resigned rationalization that nothing can be done to avoid the taxman is the underpinning attitude that pervades the economy. So ironic that most business decisions are deeply influenced if not outright made by their tax consequences. The entire accounting profession is built upon a produce of reporting and compliance with a sought after goal of avoidance. What other sector dominates your financial universe more than the fear that your affairs will be audited in minute detail and that interest and penalties will be assessed. As any observant taxpayer would attest, abiding by the tax law is a full time endeavor. Hiring legions of accountants, CPA’s, financial advisors and tax attorneys has become one of the few growth industries that seem to be immune to offshore outsourcing. If Congress and the IRS are unable to comprehend the complexity of the tax codes, how can you expect a sub-continent boiler room to be an effective advocate for your very own financial survival?

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Another Record Collection from Federal Taxes

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There is not a single American alive that has a recollection of a time without a Federal Income Tax. Yet, the country existed and prospered greatly before the constitution was perverted to fleece the pockets of Americans. As with most deceptive schemes to defraud, the sales pitch seldom resembles the reality of the final outcome. The fact that the excessive growth, reach and scope of the District of Criminals government has developed into an oppressive empire during this time, is no accident.

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A Philosophy for the Tea Party Movement

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Whatever your opinion of the Tea Party movement, all should agree the mainstream media’s characterization is less than objective. Descriptions are all over the map. Claims of dark motivations behind the phenomenon or criticism of strategy and tactics stream endlessly from the establishment pundits. The constant assault from vested interests is the current method of maintaining political control. They fear any authentic grass roots endeavor, to dump the political trash, from the cesspool of chummy cronyism. Alas, a controversy that the common man and woman can partake, with a sense of making a difference.

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Municipal Bankruptcies and more on the way

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Even to the casual observer, the financial condition of government budgets are under severe stress. Taxes have gone up consistently and have outpaced any meager adjustments in income for most taxpayers. No one can reasonably expect that municipal financing is assured by simply raising assessments and rates to keep their bloated bureaucracies solvent. Since the middle class has never recovered from the money centered meltdown, the average community struggles with diminished resources.

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Government’s share of minimum wage increase

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The working poor suffer disproportionately from the offshoring of high paying jobs. The upsurge an hour in the minimum wage economy is the net result of a consorted effort to lower the standard of living of not just the struggling impoverished but for all scrambling households. When the communist manifesto advocated a progressive income tax, the proletariat was supposed to get a sliver of social justice. Just how well did that hogwash turn out?

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IRS Scandal – No Indictment for Lerner

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That notorious time of the year is upon us again; the income tax deadline. It is an affected date because the tax system tells it is so. The torment and extortion of organized theft goes on all year long, but April 15 has a special place in the gut of every victim of larceny by government. Oh sure, paying taxes is supposed to be the price of maintaining civilization, but when was the last time that government protected , much less promoted, the mythical “Good Society”. The notion that paying tribute to a federal self ordained authority as a duty is only accepted by delusional proponents of a fantasy existence of welfare recipient beneficiaries.

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Fear of IRS Tax Audits Diminish

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The announcement that Federal government’s tax-take hits all-time high as the federal government collected a record amount of taxes in fiscal year 2014, topping $3 trillion in revenue for the first time in its history, has the tax man taking a bigger bite than ever. Yet, the take that the collection bureau seems un-phased from all their scandals to put the taxpayer through their third degree audits are easing up. Why? The answer may surprise when the ledger is tallied up.

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