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Originally posted by beezzer
Originally posted by poet1b
reply to post by beezzer
The GOP gets blamed because they are the ones who wrote the laws that allow the super rich to avoid paying taxes.
We need to do what was done after WW II, and start taxing the super rich up to their eye brows until the huge debts created by the free market scam is wiped out.
Any working person smart enought to look after their own welfare should support high taxes on the rich.
A flat tax would be fair for all.
But the left refuses to be fair. They want to punish the rich and justify the theft by taking it all.
And this nonsense about the right allowing the tax laws is bullspit! What have the democrats done the past 6 years?
Spend and whine and spend and whine and complain that taxes aren't high enough.edit on 14-8-2012 by beezzer because: (no reason given)
The article, "A Fund for Mankind Through Effective Tax Resistance," was reprinted widely, and it won many converts. Even today, the National War Tax Resistance Coordinating Committee publishes pamphlets based on Meyer's thinking. But what seems practicable to Meyer does not always seem that way to others, and although thousands of people joined him the Fund for Mankind never became the movement he envisioned. Soon enough, too, Meyer came under scrutiny from the IRS. In 1971 he was arrested and sentenced to two years in prison for tax evasion. He served nine months in Sandstone, Minnesota. It was not lost time. Prison was a kind of graduate school in radicalism: "Nine months in prison was a more valuable educational experience than nine months at the University of Chicago, because of what it told me about the human condition and about our society," he says. "It was an education in trying to see the world the way it is-like Socrates-not to see the shadows, but the reality."
About once a month he makes a foray to a wealthier part of Nashville to rescue discarded loaves from the dumpster behind a fancy bakery. None of this embarrasses him. It saves him money and time. Plus, he regards waste as immoral. Each fall Meyer drives to Chicago for two or three months of freelance carpentry, his one concession to the need to make a living. He learned carpentry years ago because it seemed a good way to work part time and earn enough to live on without paying taxes. It leaves plenty of time for his real work: protesting, writing letters and articles for the Catholic Worker and other pacifist publications, following community affairs, and growing food. The garden is thriving. Last summer, he harvested, among other vegetables, 2,000 tomatoes. It is like Meyer to keep count. A friend describes him as "the most organized anarchist I have ever seen." Meyer also has planted apple trees, pear trees, paw-paws, Illinois mulberry, cherry, persimmon, blackberries, raspberries, gooseberries, and eight varieties of grapes-more than growing food, it's a way "to bring biodiversity back into the cities."
A line from "Servant of God, Dorothy Day" came to me as I read of the miserable despair of the warden. She wrote that these problems "stem from our acceptance of this filthy rotten system."
Peter Maurin, co-founder of the Catholic Worker movement, wrote, "Our task is to build a society in which it is easier for people to be good." In that, he was anticipating Blessed Pope John XXIII's encyclical, "Peace on Earth."
Day concluded, "the only solution is love and love comes with community." Blessed Pope John Paul II resonates with her sentiment: He insisted that justice must be open to "the new horizon of solidarity and love."
There seems to have been some connection with the Delphi temple (the name Pythagoras means “voice of Pythia,” the snake-goddess of Delphi and its oracle). They have been likened to the Free Masons, in that they served as a kind of Council of Foreign Relations or New World Order…. Archytas developed the musical scale into a political metaphor for the scales of justice. What gave music this imagery of social balance and just proportion was the ability of its mathematics of harmonic (“geometric”) proportions to serve as an analogy for how inequities of wealth and status rendered truly superior men equal in proportion to their virtue — which tended to reflect their wealth. By this circular logic the wealthy were enabled to rationalize their hereditary dominance over the rest of the population.
MH: Because if you didn’t tax consumers through the sales taxes, then you’d have to do what governments used to do and tax real estate! And if you taxed real estate, then it wouldn’t have as much money, rental income, free to pay the banks. And the idea is to free all of the income from real estate rent and natural resource rent so that instead of this being the tax base, it can be paid to the banks and the financial sector, so the financial sector, now that it has become the de facto government of the economy, wants all of the rent that used to be the tax base to go to it. And its aim is to shift the taxes off real estate, off finance, off insurance and off monopolies, on to labour to shrink the living standards as rapidly as it can.
KF: It beggars belief that the Tax Justice Network has quantified some $21 trillion hidden in tax havens around the world. If there was a better usage of the property tax, or I prefer, actually, a land value tax, would this wealth discretion be possible?
MH: Only if you change the tax system. If you don’t tax real estate, and you don’t tax wealth, then it doesn’t matter where it goes abroad. There are all sorts of reasons that money goes abroad – false invoicing, there’s an immense amount of fictitious economic statistics that are turned in so that companies can take their revenue abroad rather than at home. They can pretend to lend money to themselves and abroad and then pay interest to themselves in a tax haven where there is no tax on it. On my website, michael-hudson.com, I have all sorts of narratives of how this is done through offshore banking enclaves.
KF: From what you’ve said, it’s not going to be long until there is a full-scale campaign declaring cities, regions, municipalities and nations as dead democracies. Essentially, to hear that word democracy, more and more people are s'n-word'ing at it.
Any expense incurred in connection with the determination of tax is deductible as an itemized deduction (Schedule A) on Form 1040, subject to the two-percent floor. That means you take all "2% floor deductions", add them up, and to the extent they exceed 2% of your adjusted gross income, you get the deduction. To answer your question, your tax preparers fee is not 100% deductible UNLESS all your other miscellaneous itemized deductions exceed 2% of your income. If you take the standard deduction, you do not get any additional deduction for your tax preparation fee.
1. Employees' Pay. You can deduct the pay you give your employees as long as the pay is in cash, property or services.
2. Inventory (Cost of Goods Sold). Businesses that manufacture products or purchase them for resale can deduct the cost of goods sold.
. Depreciation. If you buy property to use in your business, you generally can't deduct the entire cost in the year of purchase — but you can spread the cost over more than one tax year and deduct part of it each year.
27. Taxes. As strange as it sounds, taxes incurred in running your business are deductible.
28. Rent. You can deduct rent as an expense if the rent is for property that you use for your business. However, you can't deduct the rent if you have even partial equity (or will receive equity) in the property.
14. Travel Expenses. Nearly all business travel expenses are 100 percent deductible. These include airfare, hotels, and other on-the-road expenses (like dry cleaning, Wi-Fi or cab fares). Eating out on the road is also deductible, but only up to 50 percent.