Federal Government Reduces Taxes By Millions And Never Notices.

http://azstarnet.com/news/national/article_22ab01cd-2f71-54c3-9c1b-6daa0a51ed87.html
Children's health program loses millions due to tobacco-tax loophole

A tobacco tax loophole in President Obama's children's health-insurance program cost the government more than $250 million in its first year, public health officials say.

Barack Hussein Obama must be proud of himself. In an effort to balance the budget, he has managed to decrease revenue and increase spending. Just like most of his other plans to balance the budget.

Or to explain this in a different way, this is like the federal government passing a "Global Warming" reduction bill that includes making it a crime to breathe, and then spending years working on an environmental impact report to determine the consequences of repealing the part of the law that criminalizes breathing.

As this article goes on to explain, the difference between rolling tobacco and pipe tobacco is about $21.00 per pound in taxes. Since business is never as stupid or corrupt as politicians, rolling tobacco is being relabeled as pipe tobacco. The federal government which so carefully writes these bills, and monitors their effect, never noticed the annual loss of $250 million of tax revenue. The state of Oregon, not being quite as incompetent and corrupt as the federal government did notice that the new federal law caused a major decrease in tax revenue.

Fortunately for the tobacco industry, federal politicians who are always willing to rush to pass poorly written laws, will never rush to fix poorly written laws.

Democrats Propose Higher Taxes And More Government To Figure Out Why Government Is So Wasteful And So Big.

http://www.latimes.com/news/local/la-me-budget-taxes-20100526,0,7286169,print.story
Democrats propose tax hikes in response to Schwarzenegger's fiscal plan

Despite the competing plans, Democrats in both houses agree that the deficit has grown so large — at $19.1 billion it is now roughly 20% of the state's general fund — that any rational plan to close it must include tax increases.

Which is why California in particular, and government in general will NEVER balance the budget. A man with a hammer, thinks all problems can be solved with a hammer. A politician with the power to steal tax, will think that all problems can be solved by higher taxes. And exempting politicians from taxes.

"We have to stop thinking we can afford to provide the amount of services that the state's residents expect for less money," said Sen. Gil Cedillo (D- Los Angeles). "That's just not going to happen."

Oh? Look at Greece. The citizens are so used to getting something for nothing that they are rioting because their ride on the gravy train is ending. And what is Greece doing? Aside from spending more than they can pillage and loot from their citizens? Borrowing from other countries to continue providing what they can NOT afford to provide.

Kevin Eckery, a Sacramento-based GOP political strategist, said all sides are posturing.

"At this point, it's clear everyone's just maneuvering," he said. "We're no more going to eliminate welfare in California than we are going dumpster diving for bottles and cans to pay our bills."

Unfortunately, Kevin Eckery is truth impaired, just like all the politicians in Sacramento (and all other government positions). California bill AB 32, the Global Warming Final Solution Act is causing all businesses to go dumpster diving to pay their bills. AB 32 is penalizing all businesses that don't have a "green" solution. So AB 32 has inspired many businesses and individuals not on welfare to create their own "go green" program. However, their "go green" program, is to "go to greener" pastures. The ones that can afford to, are fleeing from California to a state that believes that people who work should be allowed to keep what they earn. To states that don't believe in being sanctuary states for unemployed criminals.

Unfortunately, once all the businesses and people with money have been driven out of state by the higher fees, taxes, penalties, ... there won't even be any dumpsters to dive into for the bare necessities of life.

On Tuesday, Assembly Speaker John Pérez (D-Los Angeles) tried to frame his plan as the better one for California's beleaguered economy. The governor's proposed cuts, he said, would cost California billions in federal matching money and 430,000 jobs, "further decimating the economy just as we're beginning to recover."

Don't you just love the truth impaired politicians who fell for Barack Hussein Obama's Brainwash America Tour where B.O. told everyone that the economy has recovered. Considering that the truth impaired politicians are willing to admit that we have over 10% unemployment, the true figures are probably closer to double that. Even the government is admitting that most of the jobs that were destroyed, will never come back. So where is the economic recovery that overpaid and under worked government czars and commissars are talking about?

The Assembly plan centers on raiding the state's recycling fund for the next 20 years and going to Wall Street for an $8.7-billion loan. The state would then levy a nearly 10% oil severance tax to help pay off the loan.

The California politicians think that they can borrow billions from Wall Street? Why would anyone buy any of the bonds that California would try to sell? The State of California is winning the national "Race to The Bottom (Bankruptcy)". The bond rating companies are downgrading the bond ratings of State of California bonds. Isn't anyone asking what is happening with the billions that the State of California has already borrowed and is unable to pay back? Isn't anyone asking why the State of California for a short time last year issued IOUs rather than checks?

The Senate Democrats' approach is more straightforward. It would plug roughly a quarter of the state's deficit with tax increases.

The 60% hike on alcohol taxes would bring in $210 million. The vehicle license fee would grow from 1.15% of a vehicle's value to 1.5%. A $220 cut in the dependent-care tax credit would be extended, raising $430 million. A surcharge of 0.25% on personal income taxes, set to expire at the end of 2010, would continue throughout 2011 to bring $1 billion into state coffers.

One thing politicians conveniently ignore, is that as the taxes rise for products, people are less willing to pay the price. Raise the tax on alcohol, and people will either drink less, or start more home brewing. Raise the vehicle license fee, and fewer people will buy vehicles. Raise income taxes to pay out more welfare, and more people will quit working to go on welfare. Or people will flee from California (like Mexicans are fleeing from Mexico) looking for some place that is not as oppressive and abusive.

A MODEST PROPOSAL:

Don't you just love the irrational politicians telling the slaves citizens what the ration thing to do.

Let me propose another rational plan to balance the budget. Take all the politicians serving in Sacramento, throw them all in prison for the rest of their lives. Tell all future politicians that as long as they pretend that the only solution to California's budget problems are higher taxes, then slaves citizens only response is to make the punishment fit the crime and throw them in prison for the rest of their lives. If we do this long enough, then eventually we will get politicians who will figure out an alternative to bankrupting all the individuals and businesses in California to solve the problem of California going bankrupt.

Until then, the politicians will continue voting themselves larger office staffs, larger salaries, larger retirement benefits, more junkets around the world, ... and congratulating themselves for a job well done.

I.R.S. To Oversee The Health Care Deform Bill.

http://www.cnsnews.com/news/article/63181
IRS to Enforce Health Reform

An analysis done by Republicans on the House Ways and Means Committee estimated that this $10 billion could go to fund an additional 16,500 new IRS agents and other personnel to monitor and enforce the new mandates.

The Infernal Revenue Service (I.R.S.) (where you are guilty of tax fraud until proven innocent) will soon be in charge of enforcing the new federal requirement to pay for health insurance or face stiff penalties.

How will you prove to the Infernal Revenue Service (I.R.S.) that you paid for an acceptable health insurance coverage? If the new rules work anything like all the other tax regulations, you will need to be prepared for much higher costs.

Will your insurance company have to keep track and issue a 1099 at the end of the year to prove you have a federally accepted health insurance policy (so that you will not have to pay additional federal penalties)? If so, how do you think the insurance company will pay for the added accounting costs? Do you think the insurance companies will work at a loss? Or do you think the insurance companies will raise their fees to cover the added paperwork costs?

If your insurance company isn't going to do the paperwork necessary to prove you have paid for a federal approved health insurance policy, then you will have to do the paperwork yourself. If you don't prepare your own tax return (because the rules are so convoluted, and the requirements are so onerous), then your tax preparer will have to do it for you. Which means your tax preparer will have to take additional classes to learn what and how to prepare the forms. Which means the cost of preparing your tax return will substantially increase in cost.

So aside from the increase in costs of your health insurance to pay for the health insurance for the millions who can't afford it, this is just some of the other increases in costs of living in the U.S.S.A. that the democrats didn't think it would be necessary to tell the slaves citizens about.

Colorado Politicians Attempt To Prove They Can Tax Anything They Want To.

http://www.denverpost.com/business/ci_14637785
Amazon.com drops Colorado retailers after tax law enacted

"It's blackmail, it's flat-out blackmail," said Jack Pommer, D-Boulder, author of the original bill. "It shows the lengths to which they'll go to keep the advantage they have over other local businesses."

Colorado politicians (and I use the term politicians to mean the corrupt Chicago style politics that the criminal-in-chief practices, and that most other politicians emulate) are upset that their plan to rape and pillage the few remaining taxpayers still living in Colorado is being opposed by amazon.com.

Colorado politicians who never met a bribe they didn't like, and never met a slave citizen they did like, have decided to destroy the economy, rather than balance the budget. Because the Colorado politicians are upset, and because they are incompetent to actually hold the offices they were elected to, they are reduced to calling names, and mischaracterizing their opposition (tactics approved and used by the liar-in-chief). If amazon.com is trying to blackmail Colorado politicians, then what name is there for the mismanagement, incompetence, corruption that passes for business as usual for Colorado politicians?

The best way to kill a hurting economy, is to overburden it with taxes and regulation. Many states agree with the socialist conversion that the communist-in-chief is working on. And the best way to spread the poverty, is to take from the people who do work, and give to the people who don't work. If the people who do work resist, then the police state will need to enforce their laws. Soon, there will be the tax police going door to door to investigate illegal computer usage. Yet another great excuse to raise taxes and create another department of the government authorized to carry guns and intimidate the slaves citizens.

"The power to tax is the power to destroy."
- John Marshall, Chief Justice of the United States Supreme Court

Taxes Keep Getting Worse.

http://findarticles.com/p/articles/mi_m1272/is_2707_132/ai_115405768/
IRS's "free" advice often wrong

The Infernal Revenue Service Agents who answer the telephone are wrong between 20% to 35% of the time.

http://money.cnn.com/2010/02/19/news/economy/tax_cheating/index.htm
Are you a tax cheat?

"People can't figure it out so they just put down a number that seems pretty good to them," he (Mark Luscombe, a tax analyst at CCH) said. "The laws get more and more complicated each year and people just have less time to figure out the right way to do it so they might try to cut some corners."

If I understand this comment correctly you are a tax cheat if you don't understand the collection of loopholes known as the United States Tax Code and you make a mistake when filling out your own return.

I wonder if Mark Luscombe, a tax analyst at CCH, was including the Infernal Revenue Service Agents who answer the telephone and provide incorrect advice to people trying to prepare their own tax returns?

A recent survey said that 13% of those polled believe that cheating on your tax return is acceptable. This is up 4% from the prior year. This is less than the percentage of tax cheats that Barack Hussein Obama has nominated and appointed to political office. The increase in tax cheats is good, as the rate of increase in tax cheats is less than the current inflation rate. And at this rate, it will take more than 20 years for 100% of the people to believe that cheating on your taxes is acceptable. Long before then the tax code will have gotten so complicated (new taxes and new exemptions), that even with paid professional help, it will be impossible to prepare a tax return correctly.

Although you may not need to worry about the future complications to the tax code. With the rate of the current economic recovery, we may all be unemployed and thus no longer need to file returns.

Who knew? People Don't Like Paying Taxes!

http://patriotpost.us/opinion/cal-thomas/2010/02/09/unlearned-lessons/
Unlearned Lessons

Last week, the Newark Star-Ledger reported that New Jersey lost $70 billion in wealth over the past five years. The reason? Affluent people have moved to states with a lower tax rate or no income tax at all.

How horrible. Can you believe it? People don't like paying taxes. And the people who do not like paying taxes (and have money) can move to someplace where the taxes are lower. This is unamerican. This is unfair to the poor.

In this nanny / welfare country of ours, you are supposed to be penalized for being a success, and rewarded for being a failure.

In this land of freedom and opportunity we need more laws to make it illegal for people with wealth to leave states with higher taxes for states with lower taxes.

How can states that want to be magnet states for unemployed afford to keep paying out vast quantities of money, if the wealthy flee at their soonest opportunity?