| User Info
| Obama: Enough Of This Crap in forum [Market-Ticker]
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Iliketrends
Posts: 2001
Incept: 2007-11-26
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You are on fire the past few days.
Great work.
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“The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the presidency. It will be easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president
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Drhooves
Posts: 614
Incept: 2008-01-09
Central IL - "the land of crooks and windbags"
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Two weeks into the new administration, and the only change we've seen so far is the rather lackluster background checks done on the nominees. Sad.
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Gen says "it" is coming because:
"Balance sheets have two sides!"......and
"You can't count a single dollar twice!"
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Shoobedoowa
Posts: 1632
Incept: 2007-06-27
Thailand
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Even if #2 were to be followed, it should not negate #1.
#1 was the law of the land during the time period in question. Violators of previous laws are not retroactively let off the hook if the law going forward changes.
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Acgreyhound
Posts: 5253
Incept: 2007-08-20
Worcester, MA
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IRS employees themselves are subject to serious scrutiny, but the guys that actually create tax code and thus arm said employees are not... hmmm.
Great ticker.
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Gmak
Posts: 10179
Incept: 2007-07-27
Re-inventing the future at the speed of time.
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One possible suggestion: Might want to put #1 and #2 for the numerically challenged, in front of the points instead of bullets.
I mean if they can't figure out their taxes....
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Architect
Posts: 830
Incept: 2007-07-11
london UK
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Companies should be subject to this too. My plan would be to either abolish company tax or levy it at a standard international rate. The pigs to pay it where they have their head offices. No exceptions. No scams.
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Keetz
Posts: 410
Incept: 2007-11-02
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Government Help Wanted Advertisement:
GREAT NEWS! Have you NOT paid your taxes? Are you prone to fibbing on your tax returns? If so you're in LUCK! You are now eligable for high level Government employment. No worries, no gimmicks, the skies the limit. Just ask our very own Turbo Tax Timmy! Call us now at 1-800-DONTPAY and we'll verify over the phone whether or not you are eligable for employement. Remember, only qualified individuals will be considered for employement. Do-gooders that pay taxes are not qualified. Thank you and have a great day!
UGH...this **** has really got my blood boiling!
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Dmc
Posts: 40
Incept: 2008-06-02
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Yeah, this is definitely veering into dangerous territory. Our tax system is an honor-based system. No way they can audit everyone. As we speak, the Feds are looking at borrowing trillions over the next couple of years. No way anyone's going to loan us that money if the American people's willingness to be "good for it" starts to come into question.
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Fidgit
Posts: 17784
Incept: 2008-02-18
Tax Unit #1,384,923,781
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The interviews I've been hearing of Senators about the Daschle withdrawal are telling. Every one I've heard interviewed has expressed shock and dismay at Daschle's action, indicating that the hearing went so well yesterday that Daschle was pretty much a shoe-in.  |
Eleua
Posts: 14142
Incept: 2007-07-05
N 47.72/ W 122.55
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5% folks...5%...
If 1/20 of the IRS returns were either fraudulent or lacking, there is no possible way the IRS could plug that hole. They rely on the honor of the American taxpayer and intimidation. If 5% said "Up yours, Joboo" to the IRS, there would be nothing they could do to stop it.
80 million returns...
If 4 million photocopied their ass onto their 1040, the IRS would have to prosecute 16,000 every business day before the next year's 4 million sat on the Assjet 2000.
How many man hours would go into a single prosecution? How many forensic accountants? Interviews? Requests for information? Judges? Juries? etc? They only have 110K IRS agents to begin with, and not all of them are directly in enforcement (some are functionaries that sort mail, answer phones, and tap at computers all day).
5%...
The IRS cries "uncle" long before 5%.
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http://clearcutbainbridge.blogspot.com/"My object in life is to dethrone God and destroy capitalism." - Karl Marx "Destroy the family, you destroy the country." - Lenin "Education is a weapon whose effects depend on who holds it in his hands and at whom it is aimed." - Stalin
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Berkleyreindeer
Posts: 665
Incept: 2008-07-22
Minneapolis , MN
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I'm hearing plenty of what chief bottlewasher mentioned. Times are tough, people are picking up all sorts of part time and 1099 jobs on the weekends. Isn't one of the things you can deduct job search expenses? How about expenses while a 1099 employee? The tax gap is going to be the tax GAPE this year. Deficit 2T is looking increasingly likely.
as for "4" appointees, I haven't been keeping score.
geithner
daschle
killefer
who's the fourth? Kennedy was his pick for NY senator, but is she tax cheat #4?
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It'll get worse. Just wait.
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Bozonian
Posts: 19959
Incept: 2007-09-01
Saratoga Springs, New York
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You don't need to file crap. Can't you just file and say you can't pay? Sure, they'll lien on you, but the effect is the same: The government is deprived of money from taxes.
The reason Congress won't initiate audits of all the members are twofold
1) They all have cheated.
2) The tax code is so complicated you might not be able to tell if you have a skeleton in your closet.
Either way it's just another example of government gone wild passing laws that are too complicated, and just basically out of sync with reality.
Another reason only total reset will fix us.
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The most expensive thing you can have is a closed mind. -- Geoffrey Filburt
Everything I write is my opinion and not to be considered proven fact. Nothing I write should be considered financial advice.
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Captbill
Posts: 845
Incept: 2008-07-22
Arizona's West Shore
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If this does not illustrate the problem of of the lack of TRUST (in both Government and Bankers) I don't know what doesn't.
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Incredible. There's Smith and he's standing there and he's got the iceberg warning in his ****ing hand, excuse me, his hand, and he's ordering more speed. Lewis Bodine, RMS Titanic
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Joe
Posts: 1234
Incept: 2008-06-18
Boston, MA
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Rickysa
Posts: 1645
Incept: 2007-08-22
Southern Pines, NC
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Let's see....I'm self employed. For the last 16 years we have lived in a manner to allow us to put the max. amount into our ret. plan (wife works with me). To date, we have lost over half of it. Now, I am being asked to fund these bailouts etc.... A number of our folks pay us cash...which will be nice to have should things fall apart. Maybe we will change our quarterly payment amount to reflect the downturn in the economy...  |
Statusquojoe
Posts: 2784
Incept: 2008-11-20
Land of the fees Home of the slaves.
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These guys in the cabinet obviously watched some of Aaron Russo's films and took them to heart while hoping no one else in America watched them.
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There are so many rules no one knows which rules to follow. The only sure rule is more rules will follow. SQJ.
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Etz
Posts: 13922
Incept: 2007-06-26
LA
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 http://www.huffingtonpost.com/andy-borow....President Barack Obama is mulling a controversial new tax program that would require members of his Cabinet to pay taxes owed under the Federal tax code, the White House confirmed today. While the unorthodox tax proposal is reportedly "only in the planning stages," it is being eyed as a possible way to balance the Federal budget. "According to projections, if members of the Cabinet actually paid their taxes, we could wind up with a budget surplus in excess of $18.2 billion," said Obama economic adviser Paul Volcker. Mr. Volcker said he strongly favored the plan, but added, "Fortunately for me, I'm not officially in the Cabinet." But imposing taxes on Cabinet members may be easier said than done, critics of the plan warn. "Remember, these people are not used to paying taxes," said one White House source. "They are going to be hopping mad about this." Another wrinkle in the plan is how the taxes would actually be collected, with President Obama reportedly favoring a cash-at-the-door entry fee for every Cabinet meeting. "If they don't have the money, they don't get in," said the source. "They're not going to be able to just sail into the White House for free like the Jonas Brothers." When told of Mr. Obama's plan to make his Cabinet members pay taxes, Fmr. Sen. Tom Daschle responded, "Whew! Sounds like I dodged a bullet."
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Legal chicanery and beneficent darkness are the banker's stoutest allies - F.Pecora.
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Genesis
Posts: 131485
Incept: 2007-06-26
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Omitsura
Posts: 17
Incept: 2008-03-04
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The less services the government is trying to provide, the less of an issue taxation of the citizenry becomes. Just think about it, if you work 40 years, close to 20 years you are working to support the government which looks for ways to waste your money. Half your life you are supporting bull**** programs, genocide in Iraq and whatnot, people should refuse to pay taxes and companies should 'move' to Cayman Islands to send a strong and crystal clear message!
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Treebeard056
Posts: 251
Incept: 2009-01-31
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fidget..
"The interviews I've been hearing of Senators about the Daschle withdrawal are telling. Every one I've heard interviewed has expressed shock and dismay at Daschle's action, indicating that the hearing went so well yesterday that Daschle was pretty much a shoe-in."
That's a sign that there's more crap backed up in the toilet yet to spill out on the floor
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Genesis
Posts: 131485
Incept: 2007-06-26
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Yep.
Someone threw a lit M-80 in a stopped-up toilet full of ****.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Liquidity
Posts: 57
Incept: 2008-06-11
Singapore
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Well if EVERYBODY stopped paying their taxes, mortgage payments, car payments, credit card bills, etc., then what can they do?
Nothing.
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“When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing." --- Chuck Prince
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Themortgagedude
Posts: 8899
Incept: 2007-12-17
saint louis
Online
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Without a doubt - DISTURBING!!!! 
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I'm already visualizing you with duct tape over your mouth.
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Alanha
Posts: 2168
Incept: 2008-12-30
Banned
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Liquidity:
' Well if EVERYBODY stopped paying their taxes, mortgage payments, car payments,
' credit card bills, etc., then what can they do? Nothing..
Shhh. It's a surprise.
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I was Bezzle's sock puppet before Tickerguy nailed my ass.
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