I'm calling bull crap propaganda on this letter and here's why. My father was a certified public accountant for many years. Every April he transformed
into a round the clock, coffee pounding mad man doing hundreds of SMALL BUSINESS returns.
The air was punctuated with the staccato clack clack of his IBM mechanical adding machines and the constant refrain of "Don't bother your father. He's
doing peoples' taxes."
I was born in 1961 and fascinated with anything that competed with me for my dad's attention. Over the decades I received an insiders view of
loopholes and tax avoidance rackets. Many of my fathers clients were 1st Gen immigrants who had parlayed successful restaurants and dry cleaners into
multimillion dollar real estate fortunes.
He was an absolute ace at interpreting never ending changes to the tax code to the benefit of his clients making damn certain they didn't pay one cent
more than they had to. Over the years investments in certain products or industries received ridiculous tax breaks. Over night entire industries were
created selling arcane tax shelters devoted specifically to tax avoidance. They were entirely legal.
Imagine in 1961 the top tax bracket was taxed at 92%. Income over $200,000 was taxed at 92%. There was quite a financial motivation to shelter income
from the higher brackets. Arguments surfaced every election that lowering the highest rates would put an end to the loopholes and arcane tax shelter
By 1971 the top rate had been lowered to 65%. In 1981 it went way down to 32%. In 1991 back up to 39% where it's hovered ever since.
HERE'S THE PROBLEM. The arcane shelters for the small businesses have gone away but the extremely specific loopholes did not. Instead of being taxed
at 92% and trying to shelter some of their money, companies are only paying 39% but sheltering every stinking bit of it. That is why, for instance, GE
took in billions of free tarp loans and paid ZERO NET INCOME taxes last two years.
Back in the 60's, less than two decades after the war when all Americans suffered and pitched in, there was an
implicit social contract whereby the companies earning millions would pay their fair share of taxes to take care of the average Joes. Those were the
guys working in the factories side by side with the executives all of whom put their lives on the line to make sure there was a free, democratic
America in which companies could safely earn
millions of dollars.
With the killing of Kennedy, the BIG BOYS realized they could literally get away with murder. There was no court in which to accuse or try those
breaking the implicit social contract. The stooges posing as congressmen were so cheap, they could be bought and sold for hookers and fractions of a
Today, the politicians have become more sophisticated. They understand the stakes and demand points in the dealings. They want percentage deals and
consider themselves minor partners in the rackets.
The graft and greed has filtered down into the ranks of the bureaucrats. Payoffs, bribes and blackmail are used for lavish appointments. Entire
families, even clans are hired and given treatment that would make Conrad Hilton look like a piker. The federal budget has grown by 100% in the last
10 years while the rest of the economy has SHRUNK by 15-20%.
In my family's circle, I have watched the perception of appointment level bureaucrats change drastically from that where it was considered at best a
noble career for schnooks who really couldnt male it in "the real world" and traded high income for a relatively low but stable paycheck transformed
into a perception of made men in a Mafiosi family banking big money on all kinds of rackets while handing out high paying patronage jobs to friends
familily and associates.
It's a filthy racket full of no good rats. It turns honest hardworking staffers into wise guys constantly working angles and fighting over power
prestige and money.
Whose left holding the bag? The saps known as the American public. Why? Because they are so overworked trying to realize the long gone American Dream
while their pockets being picked clean that they buy the tripe peddaled by the Sean Hannity's of the world and the rat bastard traders to the NWO like
Joe Scarborough. They also fall hook line and proverbial sinker for professionally crafted pieces of propaganda like the so called real "Letter From
the Boss" crap mentioned in another thread including the praises sung by artificial mercenary hacks posing as human beings on this site and many
Somedays I feel like keeping the faith. Others I would rather point to the patches on my old jacket reading "DILLIGAF" and FTW.
20-10-2011 by zarp3333 because: Misspelled Payoffs to layoffs