Anyone know how much the rich (upper 1%) pay as a proportion of personal federal income taxes? Is it fair? Regarding the tax question earlier: The upper 1 % of wageearners/taxpayers pay approx. 35% (that's right, check the IRS stats) of personal federal income taxes, and the upper 5% pay approx. 55% of those taxes. For those of you who don't know any better, wealth is created and is not finite. Because one has it, it does not mean that it came from someone else. Stop being envious of the rich and crying about how much the middle class pays. The bottom 50% of taxpayers pay less than 5% (approx. 4%) of all personal federal income taxes. If that is news to anyone reading this, then you need to be better informed.

Should the upper 1% of taxpayers pay 33-36% of all personal federal income taxes, and is that fair?

Why don`t people research leaders and only accept the given thought of the mass media? Austin, Texas... Politex's for BUSH FAMILY SKELETONS ...www.bushwatch.com -------------------------------------------------------------------------------- Bush Watch... abortion... archives... autobiography... books... brasin's beat... bush league... blacks... blurbs... california... cartoons... charter schools... cocaine... comedy... culture... de lay... education... environment... executions... exploitation... family... foreign policy... free speech... funeralgate... gays... guns... health... insider trading... iowa... jews... justice... latinos... lotterygate... media... millions... pat... personality... press kit... quizgate... rankings... religion... schedule... songs... talk... taxes... tobacco... triangulation... welfare... end... -------------------------------------------------------------------------------- BUSH FAMILY MACHINATIONS, 1918-2000 1918 Prescott Bush Sr., leads a raid on a Indian tomb to secure Geronimo's skull for Skull & Bones. 1937 Prescott Bush's investment firm sets up deal for the Luftwaffe so it can obtain tetraethyl lead. 1942 Three firms with which Prescott Bush is associated are seized under the Trading with the Enemy Act. 1953 George Bush and the Liedtke brothers form Zapata Petroleum. Zapata's subsidiary, Zapata Offshore, later becomes known for its close ties to the CIA. 1954 The Bush family buys out the Liedtke brothers. 1955 George Bush sets up a Mexican drilling operation, Permago, with a frontman to obscure his ownership. The frontman later is convicted of defrauding the Mexican government of $58 million. 1959 Manuel Noriega recruited as an agent by the US Defense Intelligence Agency. 1960 Some investigators believe George Bush spent part of this year and the next in Miami on behalf of the CIA, organizing rightwing exiles for an invasion of Cuba. Is said to have worked with later Iran-Contra figure Felix Rodriguez. 1961 According to the Realist, CIA official Fletcher Prouty delivers three Navy ships to agents in Guatemala to be used in the Bay of Pigs invasion. Prouty claims he delivered the ships to a CIA agent named George Bush. Agent Bush named the ships the Barbara, Houston and Zapata. Bay of Pigs invasion fails. Right-wingers blame Kennedy for failure to provide air cover. CIA loses 15 men, another 1100 are imprisoned. George Bush invites Rep. TL. Ashley -- a fellow Skull & Boner -- down to Texas for a party in order to meet "an attractive girl." Bush writes that "she may be accompanied by an Austrian ski instructor but I think we can probably flush him at the local dance hall." Bush notes that he's had to unlist his phone because "Jane Morgan keeps calling me all the time." [From a letter in the Ashley archives uncovered by Spy magazine.] Zapata annual report boasts that the company has paid no taxes since it was founded. 1963 John F. Kennedy is assassinated. Internal FBI memo reports that on November 22 "reputable businessman" George H. W. Bush reported hearsay that a certain Young Republican "has been talking of killing the president when he comes to Houston." The Young Republican was nowhere near Dallas on that date. According to a 1988 story in The Nation, a memo from J. Edgar Hoover states that "Mr. George Bush of the CIA" had been briefed on November 23rd, 1963 about the reaction of anti-Castro Cuban exiles in Miami to the assassination of President Kennedy. George says it ain't him, admits he was in Texas but can't remember where. 1964 George Bush runs as a Goldwater Republican for Congress. Campaigns against the Civil Rights Act. 1966 Bush, runs as a moderate Republican, gets elected to Congress. Robert Mosbacher chairs Oil Men for Bush. Apache leader Ned Anderson meets with the Skull & Bones lawyer and George Bush's brother Jonathan who attempt to return the skull Prescott Bush had looted in 1933. Anderson refuses the skull because he says it isn't Geronimo's. 1968 George W. Bush joins Skull & Bones at Yale 1970 Bush loses Senate race to Lloyd Bentsen, despite $112,000 in contributions from a White House slush fund. Jim Baker is campaign chair. Bush later claims to have reported correctly all but $6000 in cash --which he denies he got. A 1992 story in the New York Times says the $6000 was listed in records of Nixon's "townhouse operation" which was designed in part to make GOP congressional candidates vulnerable to blackmail. 1971 Bush is named UN Ambassador by Nixon. Bureau of Narcotics and Dangerous Drugs finds enough evidence of Noriega's involvement in drug dealing to indict him, but US Attorney's office in Miami considers grabbing Noriega in Panama for trial here to be impractical. State Department also urges BNDD to back off. 1972 Bill Liedtke gathers $700,000 in anonymous contributions for the Nixon campaign, delivering the money in cash, checks and securities to the Committee to Re-Elect the President (the infamous CREEP) one day before such contributions become illegal. Bill says he did it as a favor to George. 1973 Bush is named GOP national chair. Brings into the party the Heritage Groups Council, an organization with a number of Nazi sympathizers. Bush, according to Lowell Weicker, inquires as to whether records of the "townhouse operation" should be burned. Robert Mosbacher wins an offshore drilling concession from Philippine dictator Ferdinand Marcos. Watergate tapes indicate concern by Nixon and aide HR Haldeman that the investigation into Watergate might expose the "Bay of Pigs thing." Nixon also speaks of the "Texans" and the "Cubans." and mentions "Mosbacher." In another tape, Nixon decides following his re-election to get signed resignations from his whole government so he can centralize his power. Says Nixon to John Erlichman: "Eliminate everyone, except George Bush. Bush will do anything for our cause." 1974 Bush is named special envoy to China. 1975 DEA report notes Noreiga's involvement in drug trade. George W. Bush graduates from Harvard Business School 1976 Jerry Ford names George Bush CIA director, his fourth political patronage job in a little over five years. Bush later claims this is the first time he ever worked for the CIA. At his confirmation hearings, Bush says, "I think we should tread very carefully on governments that are constitutionally elected." Bush holds first known meeting with Noriega. Noriega starts receiving $110,000 a year from the CIA. Noriega found to be working for Cubans as well, but keeps his CIA gig. Bush sets up Team B within the CIA, a group of neo-conservative outsiders and generals who proceed to double the agency's estimate of Soviet military spending. Senate committee headed by Frank Church proposes revealing size of the country's black budget -- intelligence spending that, in contradiction to the Constitution, is kept secret even from the Hill. According to journalist Tim Weiner, Bush argues that the revelation would be a disaster and would compromise the agency beyond repair. By a one vote margin the matter is referred to the Senate. It never reaches the floor. Chilean dissident Orlando Letelier is assassinated by Chilean secret police agents. CIA fails to inform FBI of pending plot and of assassins' arrival in US. CIA claims the hit was the work of left-wingers in search of a martyr. Bush writes internal CIA memo asking to see cable on Jack Ruby visiting Santos Trafficante in jail. In 1992, Bush will deny any interest in the JFK assassination while CIA head. Bush claims nuclear war is winnable. 1977 Philippine dictator Marcos buys back Robert Mosbacher's oil concession. Mosbacher claims he was swindled. Philippine officials say they never saw any expenditures by Mosbacher on the project. 1978 Bush, Mosbacher and Jim Baker become partners in an oil deal. From a Washington Post article by Bob Woodward and Walter Pincus: "According to those involved in Bush's first political action committee, there were several occasions in 1978-79, when Bush was living in Houston and traveling the country in his first run for the presidency, that he set aside periods of up to 24 hours and told aides that he had to fly to Washington for a secret meeting of former CIA directors. Bush told his aides that he could not divulge his whereabouts, and that he would not be available." Former CIA chief Stansfield Turner denies such meetings took place. George W. Bush declares his candidacy for the Midland Congressional district. He wins the Republican primary and loses in the general election. George W. Bush begins operations of his oil firm, Arbusto Energy. With the help of Jonathan Bush, he assembles several dozen investors in a limited partnership including Dorothy Bush, Lewis Lehrman, William Draper, and James Bath, a Houston aircraft broker 1980 Bush becomes Reagan's vice presidential candidate. Runs as a rightwinger again. Mosbacher becomes chief fundraiser for Bush's presidential campaign. Forms a millionaire's club of 250 contributors, each of whom cough up $100,000. William Casey forms a working group to prepare for possible Carter October political surprise. In early October, an Iranian official meets with three top Reagan campaign aides. All three deny memory of the meeting in subsequent proceedings. On October 21, Reagan hints he has a secret plan to release the hostages. This is right around the alleged date of a Paris meeting at which the so-called "October Surprise" was settled. Some allege that at this meeting it was agreed to end the arms embargo against Iran if Iran would release its hostages after the election. While Bush's presence at this meeting has been denied by the House committee investigating the October Surprise, Bush's whereabouts at this critical time remain in doubt. The White House, in fact, has leaked conflicting stories. Rep. Dan Quayle goes on a Florida golfing vacation with seven other men and Paula Parkinson -- an insurance lobbyist who later posed nude for Playboy. Parkinson describes Quayle as a husband on the make, but says she turned him down because she was already having an affair with another congressman. Marilyn Quayle says, "anybody who knows Dan Quayle knows he would rather play golf than have sex." The Reagan-Bush campaign receives stolen copies of Carter's briefing books. Bush's campaign manager, James Baker, forces the dismissal of Bush aide Jennifer Fitzgerald, described in a 1982 Time story as having "much to say about where Bush goes, what he does and whom he sees." Bush continues to pay Fitzgerald out of his own pocket. 1981 Reagan-Bush inaugurated. Hostages released moments before. Shortly thereafter, arms shipments to Iran resume from Israel and America. In July, an Argentinean plane chartered by Israel crashes in Soviet territory. It is found to have made three deliveries of American military supplies to Iran. In a 1991 story in Esquire, Craig Unger quotes Alexander Haig as saying "I have a sneaking suspicion that someone in the White House winked." Says Unger: "This secret and illegal sale of military equipment continued for years afterwards." James Baker named Reagan's chief of staff. SEC filings for Zapata Oil for 1960-66 are found to have been "inadvertently destroyed." Reagan authorizes CIA assistance to Contras. 1982 CIA director William Casey begins Operation Black Eagle to expand US role in Central America. Urges use of "selected Latin American and European governments, organizations and individuals" in the project. Inslaw, a computer software company, signs a $10 million contract to install a case-tracking program in 94 US Attorney's offices. Four months later, after obtaining a copy of Inslaw's proprietary version of the program, the government cancels the contract and begins an aggressive campaign to force the company into bankruptcy. Later sources claim that the program was installed by the CIA and sold to various foreign intelligence agencies. After $3 million is poured into Arbusto with little oil and no profits, just tax shelter George W. Bush changes the company name to Bush Exploration Oil Co. Subsequently he is kept afloat by an investment from Philip Uzielli, a Princeton friend of James Baker III. For the sum of $1 million, Uzielli bought 10% of the company at a time in 1982 when the entire enterprise was valued at less than $400,000. Subsequently, to save the company George W. Bush merges with Spectrum 7, a small oil firm owned by William DeWitt and Mercer Reynolds. DeWitt had graduated from Yale a few years earlier than Bush and was the son of the former owner of the Cincinnati Reds. Bush becomes president of Spectrum 7. He also gets 14% of the Spectrum's stock. Meanwhile, 50 original investors in Arbusto get paid off at about 20 cents on the dollar. 1983 Noriega meets again with George Bush. Bush presents an autographed photo to a WWII Ukrainian leader under the Nazis, whose regime killed 100,000 Jews. KAL 007 crashes under circumstances that remain suspicious to this day. Bush promotes Jennifer Fitzgerald from appointments secretary to executive assistant. Seven staffers resign in protest. Fitzgerald tells the New York Post: "Everyone keeps painting me as this old ogre. I really don't worry about it. All these bizarre things just simply aren't true." Neil Bush forms his first oil company. He puts in $100, his partners contribute $160,000 and Neil is named president of the firm, JNB Exploration. Jeb Bush's business partner, Alberto Duque, goes bankrupt, is eventually convicted of fraud and is sentenced to 15 years in prison. 1984 Jeb Bush lobbies the Department of Health & Human Services on behalf of Cuban--American businessman Miguel Recarey, Jr., whose medical firm later collapses. Recarey, who was close to mobster Santos Trafficante, later disappears with at least $12 million in federal funds. George Bush takes part in meetings to plan increased "third country" aid to the Contras.. CIA mines Nicaraguan harbors. 1985 Jennifer Fitzgerald is sent to work on Capitol Hill after stories arise linking her romantically with George Bush. Stuart Spencer's public relation firm starts receiving over $350,000 from Panama to improve Noriega's image. CIA starts using BCCI as a conduit. George Bush thanks Oliver North for "dedication and tireless work with the hostage thing, with Central America." Bush will later deny knowing about the Contra effort until late 1986. Neil Bush joins the board of Silverado S&L, serves until 1988. Silverado loans his partners in JNB $132 million which they never repay. Silverado will eventually collapse at a taxpayer cost of $1 billion. 408 TOW anti-tank missiles are shipped from Israel to Iran. A day later, US hostage Benjamin Weir is released. 1986 VP Bush goes to Honduras to promote support for the Contras. Takes along baseball players Nolan Ryan and Gary Carter. Contra figure Felix Rodriguez meets with Donald Gregg, Bush's national security advisor, to complain about Iran-Contra operatives skimming funds from the Contras. Bush may have made several secret visits to Damascus between 1986-88 according to a 1992 report in Time, which said two senior GOP senators were pressing for a probe. The allegation is that Bush went to negotiate the release of hostages in Lebanon but in fact stonewalled Syria, "playing for campaign timing. Republicans want to get to the bottom of intelligence-community suspicions that the US somehow blew a chance to free Terry Anderson and his fellow captives." Iranian arms runner Manucher Ghorbanifar proposes "diversion" of profits from Iran arms sales to Contras. George W. Bush and partners receive more than $2 million of Harken Energy stock in exchange for a failing oil well operation, which had lost $400,000 in the prior six months. After Bush joined Harken, the largest stock position and a seat on its board were acquired by Harvard Management Company. The Harken board gave Bush $600,000 worth of the company's publicly traded stock, plus a seat on the board plus a consultancy that paid him up to $120,000 a year. When Harken runs short of cash it hooks up with investment banker Jackson Stephens of Little Rock, Arkansas, who arranges a $25 million stock purchase by Union Bank of Switzerland. Sheik Abdullah Bakhsh, who joins the board as a part of the deal, is connected to the infamous BCCI. 1987 Bush's former chief of staff, Daniel Murphy, flies to Panama with South Korean influence peddler Tongsun Park on a private plane owned by arms dealer Sargis Soghnalian to meet with Noriega. Murphy later tells a Senate subcommittee that he informed Noriega that he need not resign before the 1988 election despite the Reagan administration public pressure to the contrary. Bill Casey dies. Lee Atwater accuses Robert Dole of spreading stories about Bush and Jennifer Fitzgerald. An agreement is worked out, as reported by Sidney Blumenthal in the Washington Post: "The Dole people didn't spread any rumors and promised not to do it again. And the Bush people haven't spread rumors about the Dole people spreading rumors and won't do it again." Harken Energy project gets rescued by aid from the BCCI-connected Union Bank of Switzerland in a deal brokered by Jackson Stephens, later to show up as a key supporter of Bill Clinton. 1988 Dan Quayle is named VP candidate. Stuart Spencer is assigned to improve Dan Quayle's image, the same job he handled for Noriega and Nixon. Quayle embarrasses campaign by such statements as "[The Holocaust] was an obscene period in our nation's history," adding that "I didn't live in this century." Prisoner who claimed he sold marijuana to Quayle is put into solitary confinement by the head of federal prisons, aborting a planned news conference shortly before the election. Silverado S&L goes under after receiving 126 cease & desist orders in past four years from the Topeka office of the Office of Thrift Supervision. These orders found conflict of interests, insider abuse and other violations. Dwight Chapin, ex-Nixon dirty trickster, gets job in Bush campaign. Rudi Slavoff becomes head of Bulgarians for Bush. In 1983, Slavoff organized an event honoring Austin App, promoter of the theory that the Holocaust was a hoax. Slavoff joins other GOP ethnic leaders in the Coalition of American Nationalities co-chaired by Edward Derwinski. Among them is a former member of an Hungarian pro-Nazi party. After press revelations, eight of the leaders accused of anti-semitism resign from the campaign. Bush says: "Nobody's giving in... These people left of their own account." GOP flier warns that "all the murderers, rapists and drug pushers and child molesters in Massachusetts vote for Michael Dukakis." Bush establishes Team 100, which will eventually grow to 249 individuals who contribute nearly $25 million in soft money to help the GOP cause. The contributions also apparently help the contributors, various of whom get ambassadorial appointments, legislative favors, and intervention on regulatory and criminal matters. Bush denies knowledge of Noriega's involvement in drug dealing. The Willie Horton ad is aired. Credit for similar tactics is given to campaign guru Lee Atwater, whose PR firm had represented drug-connected Bahamian prime minister Oscar Pinding and the Philippines' Marcos. Atwater himself had represented UNITA, the CIA-backed Africa rebel group. Fred Malek, ex-Nixon aide, resigns from the Bush campaign after it's revealed that he compiled a list of Jews in the Labor Dept. as part of a Nixon investigation of a "Jewish cabal." A few days before the supposedly surprise arrest of five BCCI officials, some of the world's most powerful drug dealers quietly withdraw millions of dollars from the bank. Some government investigators believe the dealers were tipped off by sources within the Bush administration. Although Felix Rodriguez, former leading cop under Batista, claims he left the CIA in 1976, Rolling Stone reports that he is still going to CIA headquarters monthly to receive assignments and get his bulletproof Cadillac serviced. Bankruptcy judge George Bason Jr. concludes that the government stole Inslaw's software through "trickery, fraud and deceit." Stock market drops 43 points on false rumor that Washington Post was about the publish the Bush-Fitzgerald story. 1989 Bush inaugurated. Aides tell the press that the new administration would rather "stay one step behind than be one step ahead." Bush authorizes CIA support to Noriega's opposition, giving Noriega an excuse to annul Panama's elections. Bush claims executive privilege to avoid testifying in the Oliver North trial, thus becoming first president to use this power to keep his acts as vice president under wraps. Dan Quayle declares changes in Soviet Union "just a public relations extravaganza." Bush brother Prescott flies to Shanghai after the Tiananmen Square massacre to close a deal for an $18 million resort there, despite his brother's ban on high-level Chinese contacts. Prescott says, "We aren't a bunch of carrion birds coming in to pick the carcass. But there are big opportunities in China, and America can't afford to be shut out." Prescott Bush also visits Japan, searching for consulting contracts just ten days before his brother arrives on a presidential tour. The Japanese firm that paid Prescott a quarter-million dollar consulting fee comes under investigation for exchange law violations and links to the Japanese mob. C. Boyden Gray, the president's top ethics official, corrects his 1985 and 1986 financial disclosure forms. He forgot to include $98,000 in income. George Bush signs the S&L bailout bill promising that "these problems will never happen again." The Chicago Tribune reports: "After 14 fishing outings, the President has failed to catch a single fish." At White House behest, the DEA lures drug dealer to Lafayette Park to make arrest in front of presidential home for the benefit of Bush's upcoming drug speech. At first, drug dealer is dubious, asks DEA agent, "Where the fuck is the White House?" Defense secretary nominee John Tower runs into confirmation troubles when it is revealed that he has received hundreds of thousands of dollars in consulting fees from defense contractors. Runs into more trouble with revelations of womanizing and drinking. His nomination is rejected. The sale of three communications satellites to China is announced. Prescott Bush is a $250,000 consultant in the deal. GOP memo is leaked implying that House Speaker Tom Foley is a homosexual. President Bush signs a top-secret directive ordering closer ties with Iraq, which opens the way for $1 billion in new aid just a little more than a year before Bush goes to war against that country. The agricultural credit allows Saddam Hussein to use his hard currency for a massive military buildup. A second judge concurs that the government stole Inslaw's software. The Statistical Abstract of the United States, published by the US government, reports that the GNP of East Germany during the 1980s was greater than that of West Germany. The figures come from the CIA. Bahrain officials suddenly break off offshore drilling negotiations with Amoco and decide to deal with Harken Energy, George Bush Jr.'s firm. Harken has had a series of failed ventures and no cash, so the Bass brothers are brought in to finance Harken's efforts at a cost of $50 million. Neil Bush bails out of JNB Exploration, the firm where he became president with a $100 ante, leaving his partners to worry about its debt. Days earlier he forms Apex Energy with a personal investment of $3000. The rest of the money -- $2.7 million -- comes from an SBA program designed to help "high risk start-up companies." Like JNB, it proves to be just that. Apex will later go belly-up with no assets. Two months after his father's inauguration, George W. Bush announces that he and a syndicate of investors have purchased the Texas Rangers. The investors are Edward "Rusty" Rose, Richard Rainwater, Bill DeWitt, Roland Betts (a former Yale frat brother) and Tom Bernstein (Bett's partner in a film investment concern). While Bush appears to lead the group, Rainwater makes clear that Rose is to control how the business is run. Bush's stake in the $86 million deal is 2%, financed with a $500,000 loan from a Midland Bank of which he had been a director and $106,000 from other sources. Rainwater and Rose put up 14.2 million, Betts and Bernstein invested about $6 million and the balance comes from smaller investors and loans. Bush will eventually sell his share for $15 million. 1990 Federal regulators give Bush son Neil the mildest possible penalty in the $1 billion failure of the Silverado S&L. The deal is so good that Bush drops his appeal. Among other things, Neil, as a Silverado director, voted to approve over $100 million in loans to his business partners. January: Bahrain awards exclusive offshore drilling rights to Harken Oil. This is a surprise as Harken is in very shaky financial condition, has never drilled outside of Texas, Louisiana and Oklahoma and had never drilled undersea at all. The Bass brothers are brought in by Harken for sufficient equity to proceed with the effort. Harken's stock price increases from $4.50 to $5.50. George W. Bush sells two-thirds of his Harken Energy stock at the top of the market for $850,000, a 200% profit, but makes no report to the SEC until March 1991. Bush Jr. says later the SEC misplaced the report. An SEC representative responds: "nobody ever found the 'lost' filing." One week after Bush's sale, Harken reports an earnings plunge. Harken stock falls more than 60%. Bush uses most of the proceeds to pay off the bank loan he had taken a year earlier to finance his portion of the Texas Rangers deal. August: Saddam Hussein invades Kuwait. Harken's stock price drops substantially. Two months after Bush sells his stock, Harken posts losses for the 2nd quarter of well over $20 million and is shares fall another 24 %, by year end Harken is trading at $1.25. Bush has insisted that he did not know about the firm's mounting losses and that his stock sell-off was approved by Harken's general counsel. George W. Bush is asked by Carlyle Group to serve on the board of directors of Caterair, one of the nation's largest airline catering services which it had acquired in 1989. The offer is arranged by Fred Malek, long time Bush associate who is then an advisor to Carlyle. October: Arlington, Texas Mayor Richard Greene signs a contract that guarantees $135 million toward the new Texas Ranger Stadium's estimate price of $190 million. The Rangers put up no cash but finance their share through a ticket surcharge. From the team's operating revenues, the city will earn a maximum of $5 million annually in rent, no matter how much the Rangers reap from ticket sales and television (a sum that will rise to $100 million a year). Another provision permitts the franchise to buy the stadium after the accumulated rental payments reached a mere $ 60 million. The property acquired so cheaply by the Rangers includes not just a fancy new stadium with a seating capacity of 49,000 but an additional 270 acres of newly valuable land. Legislation is passed and signed that authorizes the Arlington Sports Facilities Development Authority with power to issue bonds and exercise eminent domain over any obstinate landowners. Never before had a Texas municipal authority been given the license to seize the property of a private citizen for the benefit of other private citizens. A recalcitrant Arlington family refuses to sell a 13 acre parcel near the stadium site for half its appraised value. The jury awards more than $4 million to the family. Fred Malek returns to power with ambassador status to head up planning for the economic summit. S&L industry is losing money at the rate of $3 million a minute. Bailout chief estimates total cost at $325-500 billion. Some 200 young soccer players have their games canceled for security reasons because Bush wants to go fishing on the Potomac nearby. Says one seven-year-old player: "We had a tough soccer game and he's just going fishing. He could play somewhere else." Bush son Jeb gets the federal government to pay off the $4 million he owed to a failed Florida thrift. Bush brother Jonathan's east coast brokerage fined in two states for violating laws and Jonathan is barred from public trading in Massachusetts. Bush's attorney general, Richard Thornberg, is warned about BCCI but does nothing. Federal court of appeals throws out the Inslaw case on the grounds that it did not belong in bankruptcy court. Bush says, "The economy is headed in the right direction." 1991 Former top aide to White House Chief of Staff John Sununu goes to work for a prominent figure in the BCCI scandal less than a month after leaving the Bush administration. Edward Rogers Jr. signs a $600,000 contract to give legal advice to Sheik Kamal Adham, an ex-Saudi intelligence officer who is being investigated for his role in BCCI's takeover of First American Bancshares. The Miami acting US Attorney is allegedly rebuffed by the Justice Department in his efforts to indict BCCI and some of its principal officers on tax fraud charges. Justice Department later denies this occurred. Danny Casolaro, a reporter investigating the Inslaw story, is found dead in a motel room bathtub, the day after he met a key source. The death was ruled a suicide. Perhaps he is despondent over the loss of his briefcase, which is missing from the room. George Bush spends three nights in a Houston hotel so he can claim Texas residency. Texas has no income tax. Neil Bush bails out of Apex Energy after collecting $320,000 in salary plus expenses. Bill Daniels, cable-TV magnate who has been lobbying against regulation of the cable industry, offers Neil a job. According to a representative, he "thought Neil deserved a second chance." 1992 New York Times reports that three of Bush's top fundraisers are being sued in connection with bank failures and another pleaded guilty to mail fraud in connection with an S&L. These men include the GOP national finance chair, vice chair and two co-chairs of the President's Dinner, which raised $9 million for Republican causes. Former US Attorney General Elliot Richardson, representing the owners of Inslaw, tells Mother Jones, "I don't know any case where the government has stonewalled like this." First of Harken Energy's wells off Bahrain comes up dry. George W. Bush takes a leave of absence from the firm to work in his father's campaign, saying "I don't want to involve this company in any kind of allegations of conflicts or whatever may arise." Village Voice reports that President Bush has taken at least 76 partisan flights during his term, at a cost to the taxpayers of over $6 million. Nixon's Jew hunter Fred Malek is back as Bush's campaign manager. Campaign sells photo opportunities with the president at a fundraiser for $92,000 each. Washington, DC, loses $52,000 in taxes because Bush claims to be a Texas resident. Donald H. Alexander contributes $100,000 to Team 100; shortly thereafter he's named ambassador to the Netherlands. Bush says: "I will do what I have to do to be reelected." 1993 With the new Ranger stadium being readied to open the following spring, George W. Bush announces that he would be running for governor. He is says his campaign theme will be self-reliance and personal responsibility rather than dependence on government. 1994 George W. Bush is elected Governor of Texas, defeating Ann Richards 53 to 46 %. 1999 George W. Bush executes his 99th prisoner. George W. Bush celebrates the Martin Luther King holiday by staying inside the Governor's Mansion with the windows closed so he wouldn't hear the thousands of Martin Luther King celebrants listening to speeches right outside his window on the Texas capitol grounds [across the street]. Bush claims to be reading four serious books while campaigning for president. Total pages of the four books: 1,762 * "When I was coming up, it was a dangerous world and you knew exactly who they were. It was us versus them and it was clear who them was. Today we are not so sure who the they are, but we know they're there." -- Texas Gov. George W. Bush, presidential candidate. * "Food on the family." -- George W. Bush listing one of the priorities of his future administration. * "This is Preservation month. I appreciate preservation. This is what you do when you run for president. You've got to preserve." -- George W. Bush to several hundred children at an elementary school in Nashua that was celebrating what it called Perseverance Month (not Preservation Month). * "Is your children learning?" -- George W. Bush on education. * "Some people have too much freedom." -- George W. Bush * "The Grecians." -- George W. Bush on Greek people. * "What I'm against is quotas. I'm against hard quotas, quotas that basically delineate based upon whatever. However they delineate, quotas, I think, vulcanize society." -- George W. Bush, meaning to say "balkanize," not "vulcanize" -- we think -- and something about quotas (Austin American-Statesman 3/23/99). * "Sitting down and reading a 500-page book on public policy or philosophy or something." -- George W. Bush when asked to name something he isn't good at (Talk magazine, September 1999). * "Please! Don't kill me." -- George W. Bush to Larry King, mocking what Karla Faye Tucker said when asked "What would you say to Governor Bush?" prior to her execution by lethal injection (as reported by Talk magazine, September 1999). * "Tell them I have learned from mistakes I may or may not have made." -- George W. Bush 2000 "Jeb's the smart one" -- George Bush Sr. to dinner partner Former President George Bush tries to block Gen. Manuel Noriega's release from a US prison because he fears the Panamanian strongman wants to kill him. Noriega attorney Frank Rubino says the assertion was made by Assistant US Attorney Pat Sullivan, who represented the government at a parole hearing for Noriega. Copyright 2000 The Progressive Review Also,'Sam Smith's Great American Political Repair Manual' is published by WW Norton. 2000 (continued) Al Gore gets more popular votes than George W. Bush in the November presidential elections, but a winner is unable to be declared because the outcome depends upon a state of Florida recount that must made, according to Florida law, since the eventual winner will have a majority of less than 1% of the vote. Many of the counties do not do a recount, but simply re-report their first results. Other counties decide to accept late overseas ballots, contrary to Florida law. Bush enlists James Baker to oversee his post-campaign Florida campaign. Although Jeb, as Florida governor, recuses himself from official state participation in the recount, phone records later made public lead observers to question that statement. The Florida Supreme Court directs that the entire state must physically recount all of the votes, but the U.S. Supreme Court overrules, declaring George W. Bush the victor in order to protect our tradition of the smooth transition of power. The vote was 5-4. Although the court ruled that the decision could never be used as precedent in any future legal case, it was determined that allowing the State of Florida to recount its votes, even though it is legally required to do so, would not be in the best interest of George W. Bush's presidential aspirations. On the basis of the Supreme Court's decision, Bush was declared the victor in Florida, thus winning the majority of electoral votes and thus being elected the nation's 43rd president. 2001 Bush is sworn in as president and Dick Cheney, Sec. of Defense under Poppy, is sworn in as vice-president. Numerous key members of the Regan-Bush and Bush-Quayle administrations, including those who left under a Contra cloud, are brought back into the new administration. With Bush as front man and Cheney as the brains behind the throne, Bush begins to consolidate power with fast-track plans to weaken government regulations of corporations, begin drilling on previously out of bounds environmentally fragile sites, place greater world trade powers in the White House, establish formal governmental funding of religions, allow greater civil rights discrimination in the name of freedom, shift more of the nation's wealth away from the middle class and into the hands of the wealthy through changes in the tax laws, further establish military dominance in the world and in space through missile defense, and weaken international compacts protecting the environment and controlling small arms. 79 year old Andrew Marshall, a colleague of Herman "Dr. Strangelove" Kahn at the Rand think tank in the 50's appointed head of the Pentagon's Office of Net Assessment and major speechwriter of Bush's Missle Defense System speeches. Taking a cue from the Bush Administration, Japan deals with Iran to provide oil field studies, indicating that the Clinton Sanctions Act will no longer be enforced against Iran. 2000-2001 Updates by Politex

what state abilshed it personal income tax in 1980 abd refunded $185 million already collected to it taxpayers? what is the state please

Were the good old days better due to the rich paying higher taxes than currently? 1. The Kennedy-Johnson tax cut reduced the top rate from 91% in 1963 to 70% in 1965, and the share of personal income tax paid by the top one-half percent of earners rose from 16% to 18%. 2. The Reagan tax rates in the 1980s lowered the top rate from 70% to 50% and then to 30%, and the share of taxes paid by these earners rose from 14% to 22% of the total. 3. In 1997, the tax rate on income from capital gains was cut from 28% to 20%, and this rate reduction was accompanied by a substantial increase in revenues collected from capital gains taxes and personal income taxes collected from high-income taxpayers. In fact, capital gain taxes roughly doubled from $66 billion in 1996 (the last year before the tax cut) to $129 billion in 2000, when these earners paid 31% of all taxes collected. Source: "Economics: Private and Public Choice, by Gwartney, Stroup, Sobel and Macpherson, 11th Edition"

Is it fair to keep raising taxes only on "the rich"? Although the tax policies of President Bush have allowed MILLIONS of former low income taxpayers to no longer have to pay any taxes at all, and the fact that "the rich" already pay more than 85% of all personal income taxes in this country, don't you think they should have to pay more and more and more? What a good tax rate for the "evil" rich people? If 35% or 40% isn't enough, what is? 60%, 70%, 80% ... what are your thoughts?

Taxes deductible as an itemized deduction include all of the following except? A. Personal property taxes based on the value of the property B. Taxes that the taxpayer paid on property owned by his/hers parents C. State and local income taxes D. Real estate taxes based on the assessed value of the property

can someone EXPLAIN this PLEASE? explain this long but explainable and understandable!! =] Income, spending higher than expected NEW YORK (CNNMoney.com) -- Consumer spending rose slightly last month, as rising prices forced Americans to shell out more, according to a government report released Friday. The Commerce Department said spending by individuals rose 0.4% in January, but that was due primarily to inflation. In constant dollars, spending held flat. "Consumers were a little more conservative," said Wachovia analyst Sam Bullard. "There is lots of pressure on the consumer now - they are holding discretionary purchases off." Economists surveyed by Briefing.com had forecast a 0.2% gain in non-inflation-adjusted spending for the month. December's rise was revised to 0.3%. The report's so-called core personal consumption expenditure (PCE) deflator - which measures prices paid by consumers for goods and services other than food and energy - rose 0.3% from December, meeting economists' expectations. But the closely watched inflation gauge rose 2.2% from the same month a year ago. That's slightly above the 1% to 2% range for that measure that the Fed is believed to prefer. The Fed has cut its key interest rate several times since September to boost the economy and stave off a recession. The central bank has slashed its key short-term interest rate to 3%, and many Wall Street investors believe another half-point rate cut is coming soon. But Fed chairman Ben Bernanke said Thursday that rising inflation will make further rate cuts more difficult, as the central bankers not only seek to maintain economic growth, but aim to keep prices in check as well. "The Fed believes that the continued economic slowdown should be enough to cut off inflationary pressures," said Bullard. "But there is still some risk, because of the much stronger global GDP outside the United States - we may not see so much relief in commodity prices." Personal income rose 0.3% in January, after a 0.5% gain the previous month. Economists had forecast a 0.2% increase. The rise in personal income outpaced the change in prices, leading to a 0.1% rise in real income in the period. It was the second straight month that income gains had outpaced price increases. But since income gains did not outpace spending, consumers spent more than they saved, resulting in a savings rate of negative 0.1%, unchanged from December. "This trend has been here for a while," said Bullard, who believes that consumers will jump at the chance to spend some extra money when taxpayers get their stimulus package rebate checks starting in May. Congress recently passed a $168 billion economic stimulus plan in which more than 130 million households will receive tax rebate checks beginning in May. Treasury Secretary Henry Paulson said Thursday that the IRS would be mailing out letters reminding taxpayers to file their tax returns to receive their check. "Historically, when consumers have money in their hands, they will spend it," Bullard added.

The Top 1% of Taxpayers pay over 1/3 of personal Federal Income Tax? Is this FAIR?? Should they pay more?? http://www.ntu.org/main/page.php?PageID=6

Why did Charlie Gibson challenge Obama on his misguided intention to raise capital gains taxes, but....? he let Hillary off the hook regarding her mis-truths about the cost of the Bush "tax cuts for the wealthy." I guess Charlie did not think it was right to inform her that tax receipts exploded following the reduction in tax rates, so where is the cost that she refers to? The top 1% of taxpayers pay >35% of personal income taxes, so who is she kidding when she implies that tax cuts are paid for on the backs of the middle class? Tax receipts INCREASED Hillary. She shovels political rhetoric that, unfortunately, has absolutely no basis in fact and is laped up by the misinformed. Hillary seems like just another typical Democrat trying to fan the flames of class warfare to the detriment of the country. Will they ever learn? Will most voters ever be informed enough to even have a clue and possibly justify their right to vote? People have a responsibility to be informed before voting, or should not deserve to have the right bestowed upon them. What do you think?

I want to start a sole proprietorship cleaning service in Connecticut.How do I pay taxes on this? I know how to register,etc...but nobody could give me a solid answer how to pay taxes.I know that I do decleare all profit with my personal income,but do I need a special taxpayer(as a business) # and do I have to charge a sale and/or service tax to my customers?Thank you so much for any help here...

Federal income tax: were does it go? Nixon Grace report says...? Ive been curious about what our income tax is spent on and the only information I could find was the Grace report that was done when Nixon was president and was he was trying to find a way to balance the budget. It says, "With two-thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government." This was written in 1984 and may not apply to today, so that is why I am asking the question, because this leads one to believe that our income tax isn't spent on any government services for the people. Any thoughts? And by-the-way, I am not a tax protestor, I pay every year, and believe everyone should do their part for America. Grace report can be found here: http://www.uhuh.com/taxstuff/gracecom.htm that's the only intellegent answer I get? no data?

WILL YOU BE ABLE TO GET THE $7,500 TAX CREDIT? (read on)? 1. Who is eligible to claim the $7,500 tax credit? First time-home buyers purchasing any kind of home — new or resale — are eligible for the tax credit. 2. What is the definition of a first-time home buyer? The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase. 3. What types of homes will qualify for the tax credit? Any home purchased by an eligible first-time home buyer will qualify for the credit, provided that the home will be used as a principal residence and the buyer has not owned a home in the previous three years. This includes single-family detached homes, attached homes like townhouses, and condominiums. 4. Are there income limits to determine who is eligible to take the tax credit? Yes. Home buyers who file their taxes as single or head-of-household taxpayers can claim the credit if their modified adjusted gross income (MAGI) is less than $75,000. For married taxpayers filing a joint tax return, the MAGI limit is $150,000. The limit is based on the buyer’s modified adjusted gross income for the year that the house is purchased, except for certain purchases in 2009. 5. What is “modified adjusted gross income”? Modified adjusted gross income, or MAGI, is defined by the IRS. To find it, a taxpayer must first determine “adjusted gross income,” or AGI, which is total income for a year minus certain deductions (known as “adjustments” or “above-the-line deductions”), but before itemized deductions from Schedule A or personal exemptions are subtracted. On Forms 1040 and 1040A, AGI is the last number on page 1 and first number on page 2 of the form. For Form 1040-EZ, AGI appears on line 4 (as of 2007). Note that AGI includes all forms of income — including wages, salaries, interest income, dividends and capital gains. To determine modified adjusted gross income (MAGI), add to AGI certain amounts such as foreign income, foreign-housing deductions, student-loan deductions, IRA-contribution deductions and deductions for higher-education costs. 6. If my modified adjusted gross income (MAGI) is above the limit, do I qualify for any tax credit? Possibly. It depends on your income. Partial credits of less than $7,500 are available for some taxpayers whose MAGI exceeds the phaseout limits. The credit becomes totally unavailable for individual taxpayers with a modified adjusted gross income of more than $95,000 and for married taxpayers filing joint returns with an AGI of more than $170,000. 7. Can you give me an example of how the partial tax credit is determined? Just as an example, assume that a married couple has a modified adjusted gross income of $160,000. The applicable phaseout to qualify for the tax credit is $150,000, and the couple is $10,000 over this amount. Dividing $10,000 by $20,000 yields 0.5. When you subtract 0.5 from 1.0, the result is 0.5. To determine the amount of the partial first-time home buyer tax credit that is available to this couple, multiply $7,500 by 0.5. The result is $3,750. Here’s another example: assume that an individual home buyer has a modified adjusted gross income of $88,000. The buyer’s income exceeds $75,000 by $13,000. Dividing $13,000 by $20,000 yields 0.65. When you subtract 0.65 from 1.0, the result is 0.35. Multiplying $7,500 by 0.35 shows that the buyer is eligible for a partial tax credit of $2,625. Please remember that these examples are intended to provide a general idea of how the tax credit might be applied in different circumstances. You should always consult your tax advisor for information relating to your specific circumstances. 8. Does the credit amount differ based on tax filing status? No. The credit is in general equal to $7,500 for a qualified home purchase, whether the home buyer files taxes as a single or married taxpayer. However, if a household files its taxes as “married filing separately” (in effect, filing two returns), then the credit of $7,500 is claimed as a $3,750 credit on each of the two returns. 9. Are there any circumstances under which buyers whose incomes are at or below the $75,000 limit for singles or the $150,000 limit for married taxpayers might not be able to claim the full $7,500 tax credit? In general, the tax credit is equal to 10% of the qualified home purchase price, but the credit amount is capped or limited at $7,500. For most first-time home buyers, this means the credit will equal $7,500. For home buyers purchasing a home priced less than $75,000, the credit will equal 10% of the purchase price. 10. I heard that the tax credit is refundable. What does that mean? The fact that the credit is refundable means that the home buyer credit can be claimed even if the taxpayer has little or no federal income tax liability to offset. Typically this involves the government sending the taxpayer a check for a portion or even all of the amount of the refundable tax credit. For example, if a qualified home buyer expected federal income tax liability of $5,000 and had tax withholding of $4,000 for the year, then without the tax credit the taxpayer would owe the IRS $1,000 on April 15. Suppose now that taxpayer qualified for the $7,500 home buyer tax credit. As a result, the taxpayer would receive a check for $6,500 ($7,500 minus the $1,000 owed). 11. What is the difference between a tax credit and a tax deduction? A tax credit is a dollar-for-dollar reduction in what the taxpayer owes. That means that a taxpayer who owes $7,500 in income taxes and who receives a $7,500 tax credit would owe nothing to the IRS. A tax deduction is subtracted from the amount of income that is taxed. Using the same example, assume the taxpayer is in the 15% tax bracket and owes $7,500 in income taxes. If the taxpayer receives a $7,500 deduction, the taxpayer’s tax liability would be reduced by $1,125 (15% of $7,500), or lowered from $7,500 to $6,375. 12. Can I claim the tax credit if I finance the purchase of my home under a mortgage revenue bond (MRB) program? No. The tax credit cannot be combined with the MRB home buyer program. 13. I live in the District of Columbia. Can I claim both the D.C. first-time home buyer credit and this new credit? No. You can claim only one. 14. I am not a U.S. citizen. Can I claim the tax credit? Maybe. Anyone who is not a nonresident alien (as defined by the IRS), who has not owned a principal residence in the previous three years and who meets the income limits test may claim the tax credit for a qualified home purchase. The IRS provides a definition of “nonresident alien” in IRS Publication 519 (www.irs.gov/pub/irs-pdf/p519.pdf). 15. Does the credit have to be paid back to the government? If so, what are the payback provisions? Yes, the tax credit must be repaid. Home buyers will be required to repay the credit to the government, without interest, over 15 years or when they sell the house, if there is sufficient capital gain from the sale. For example, a home buyer claiming a $7,500 credit would repay the credit at $500 per year. The home owner does not have to begin making repayments on the credit until two years after the credit is claimed. So if the tax credit is claimed on the 2008 tax return, a $500 payment is not due until the 2010 tax return is filed. If the home owner sold the home, then the remaining credit amount would be due from the profit on the home sale. If there was insufficient profit, then the remaining credit payback would be forgiven. 16. Why must the money be repaid? The intent of Congress was to provide as large a financial resource as possible for home buyers in the year that they purchase a home. In addition to helping first-time home buyers, this will maximize the stimulus for the housing market and the economy, will help stabilize home prices and will increase home sales. The repayment requirement reduces the impact on the U.S. Treasury and assumes that home buyers will benefit from stabilized and, eventually, rising future housing prices. 17. Because the money must be repaid, isn’t the first-time home buyer program really a zero-interest loan rather than a traditional tax credit? Yes. Because the tax credit must be repaid, it operates like a zero-interest loan. Assuming an interest rate of 7%, that means the home owner saves up to $4,200 in interest payments over the 15-year repayment period. Compared to $7,500 financed through a 30-year mortgage with a 7% interest rate, the home buyer tax credit saves home buyers more than $8,100 in interest payments. The program is called a tax credit because it operates through the tax code and is administered by the IRS. Also like a tax credit, it provides a reduction in tax liability in the year it is claimed. 18. If I’m qualified for the tax credit and buy a home in 2009, can I apply the tax credit against my 2008 tax return? Yes. The law allows taxpayers to choose (“elect”) to treat qualified home purchases in 2009 as if the purchase occurred on Dec. 31, 2008. This means that the 2008 income limit (MAGI) applies and the election accelerates when the credit can be claimed (tax filing for 2008 returns instead of for 2009 returns). A benefit of this election is that a home buyer in 2009 will know their 2008 MAGI with certainty, thereby helping the buyer know whether the income limit will reduce their credit amount. 19. For a home purchase in 2009, can I choose whether to treat the purchase as occurring in 2008 or 2009, depending on in which year my credit amount is the largest? Yes. If the applicable income phaseout would reduce your home buyer tax credit amount in 2009 and a larger credit would be available using the 2008 MAGI amounts, then you can choose the year that yields the largest credit amount.

Why not a $10,000 stimulus check for all American taxpayers?...? What about a personal bail-out for each American taxpayer a decent stimulus check?....Instead of these BS bail-outs... It really all does not matter.They(government) ain't gonna give the working man poor a dime... We (the working man) will never see nothing.. You have to be part of there scheme of things.Like you have to be (special interest group) and a working truck driver is not a special interest group.. As far as i am concerned and the way i see it,the government created this mess because they are thieves,con's and scum..lol,lol.. The truth is the government does not have the interest of the working man.Never did and never will... It's all SMOKE AND MIRRORS.....TAKE A LOOK AT THIS 100% REALITY OF WHAT ARE ''CROOKED GOVERNMENT'' has done to the working people in this country....This is the work of the ''government legal extortion'' other known as the ''government mafia'' with there brother mafia ''wall street'' They have destroyed America and ran off with all the ''peoples money''..And they did it ''legally''.. THE GOVERNMENT AND POLITICIANS IS THE ONLY PROBLEM WE AS WORKING AMERICIANS HAVE.They are ain organization no different from the mafia of years ago.The only difference is the ''government'' found ways to do it ''LEGALLY''.. What we need is a modern day ''BOSTON TEA PARTY''...lol At first I thought this was funny...then I realized the awful truth of it.THIS IS OUR ''GOVERNMENT'' AND WHAT THEY HAVE DONE TO US AMERICIANS FOR 100 YEARS NOW....WHEN DOES IT END? You all think that your votes count each time you go stand in line to make you opinion count? Think again what you vote for is not counted.... the votes that are counted are those of the government... our legislators our governors our representatives our senators our POLITICIANS... Those are the only votes that count!!!! You think that you voted our President in?? past or present?? Think again!! You think you vote for any laws or regulations or taxes??? Think again!!! Be sure to read all the way to the end! Tax his land, Tax his bed, Tax the table At which he's fed. Tax his tractor, Tax his mule, Teach him taxes Are the rule. Tax his work, Tax his pay, He works for peanuts Anyway! Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties, Tax his shirt, Tax his work, Tax his dirt. Tax his tobacco, Tax his drink, Tax him if he Tries to think. Tax his cigars, Tax his beers, If he cries, then his tears. Tax his car, Tax his gas, Find other ways To tax his A.Z.Z.. Tax all he has Then let him know That you won't be done Till he has no dough. When he screams and hollers, Then tax him some more, Tax him till He's good and sore. Then tax his coffin, Tax his grave, Tax the sod in Which he's laid. Put these words upon his tomb, "Taxes drove me to my doom..." When he's gone, Do not relax, Its time to apply The inheritance tax. Accounts Receivable Tax Building Permit Tax CDL license Tax Cigarette Tax Corporate Income Tax Dog License Tax Excise Taxes Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax (42 cents per gallon) Gross Receipts Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges IRS Penalties (tax on top of tax) Liquor Tax Luxury Taxes Marriage License Tax Medicare Tax Personal Property Tax Property Tax Real Estate Tax Service Charge Tax Social Security Tax Road Usage Tax Sales Tax Recreational Vehicle Tax School Tax State Income Tax State Unemployment Tax (SUTA) Telephone Federal Excise Tax Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Taxes Telephone Minimum Usage Surcharge Tax Telephone Recurring and Non-recurring Charges Telephone State and Local Tax Telephone Usage Charge Tax Utility Taxes Vehicle License Registration Tax Vehicle Sales Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax And I am sure that there are many more but this is all I can think of off the top of my head..... SO...... STILL THINK THIS IS FUNNY? Not one of these taxes existed 100 years ago, and our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids. What in the heck happened? Can you spell "politicians!" And I still have to "press 1" for English!?!?!?!? I hope this goes around THE USA at least 100 times!!!!! YOU can help it get there!!!! GO AHEAD - - - BE AN AMERICAN!!!!!!

Hmmm..Politics?? what are we to do? Keep this going I want alot of your answers ? Please Please read this and copy it and email it to all the people that you know.... this is a little long but it is also very important... What about a personal bail-out for each WORKING American taxpayer a decent stimulus check? At least $10,000.00....Instead of these BS bail-outs...That by the way are doing nothing to improve the economy or the situation that the country and world are in... It really all does not matter.They(the government) are not going to give the working man (poor) or even the MIDDLE class a dime... We (the working man) will never see anything... Oh wait maybe a small 200 to 500 stimulus check once in a great while.... what good is that going to do for our nation and our economy??...NOTHING!!! IT'S JUST A LITTLE SOMETHING BIG GOVERNMENT THOWS AT US TO MAKE THEMSELVES FEEL A LITTLE BTTER AFTER SCREWING US ALL!!! And a poor effort to make themselves look good. You have to be part of their scheme of things. Like you have to be (special interest group)... a working truck driver or a blue collar worker or any hard working American is not a special interest group.. As far as I am concerned and the way I see it, the government created this mess because they are thieves,con's and scum..lol,lol.. The truth is the government does not have the interest of the working man. Never did and never will...They all claim they want to fix the problems we are facing in this nation however they have done nothing more than make it worse with these so called bail-outs to further line the pockets of the wealthy.. There is not going to be any more MIDDLE CLASS... Only the RICH and they very POOR. Some will,may and have said that it is all of our own fault.... That maybe so if it was truly us that voted all these laws rules regulation taxes and other BS.... However YOU/OUR the AMERICAN PEOPLE THE CITIZENS OF THIS COUNTRY..... YOUR VOTE DOES NOT AND NEVER HAS COUNTED!!!! It's all SMOKE AND MIRRORS.....TAKE A LOOK AT THIS 100% REALITY OF WHAT OUR ''CROOKED GOVERNMENT'' has done to the working people in this country....This is the work of the ''government legal extortion'' other known as the ''government mafia'' with there brother mafia ''wall street'' They have destroyed America and ran off with all the ''peoples money''..And they did it ''legally''.. THE GOVERNMENT AND POLITICIANS IS THE ONLY PROBLEM WE AS WORKING AMERICIANS HAVE.They are an organization no different from the mafia of years ago.The only difference is the ''government'' found ways to do it ''LEGALLY''.. After all they are the REAL LAW MAKERS are they not? What we need is a modern day ''BOSTON TEA PARTY''...lol At first I thought this was funny...then I realized the awful truth of it. THIS IS OUR ''GOVERNMENT'' AND WHAT THEY HAVE DONE TO US AMERICIANS FOR 100 YEARS NOW....WHEN DOES IT END? You all think that your votes count each time you go stand in line to make you opinion count? Think again what you vote for is not counted.... the votes that are counted are those of the government... our legislators our governors our representatives our senators our POLITICIANS... Those are the only votes that count!!!! You think that you voted our President in?? past or present?? Think again!! You think you vote for any laws or regulations or taxes??? Think again!!! YOUR VOTE DOES NOT COUNT!!! Our votes ONLY count.. Only when there are tied votes by all of those politicians that have totaly screwed this nation and the world up. Be sure to read all the way to the end! Tax his land, Tax his bed, Tax the table At which he's fed. Tax his tractor, Tax his mule, Teach him taxes Are the rule. Tax his work, Tax his pay, He works for peanuts Anyway! Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties, Tax his shirt, Tax his work, Tax his dirt. Tax his tobacco, Tax his drink, Tax him if he Tries to think. Tax his cigars, Tax his beers, If he cries, then his tears. Tax his car, Tax his gas, Find other ways To tax his A.Z.Z.. Tax all he has Then let him know That you won't be done Till he has no dough. When he screams and hollers, Then tax him some more, Tax him till He's good and sore. Then tax his coffin, Tax his grave, Tax the sod in Which he's laid. Put these words upon his tomb, "Taxes drove me to my doom..." When he's gone, Do not relax, Its time to apply The inheritance tax. Accounts Receivable Tax Building Permit Tax CDL license Tax Cigarette Tax Corporate Income Tax Dog License Tax Excise Taxes Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax (42 cents per gallon) Gross Receipts Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges IRS Penalties (tax on top of tax) Liquor Tax Luxury Taxes Marriage License Tax Medicare Tax Personal Property Tax Property Tax Real Estate Tax S

can you liberals please explain this to me? Is the Reagan Era Officially Over? Sen. Chuck Schumer has called the recent Democratic takeover of Congress the end of the Reagan era. Friday, December 1, 2006 Star Parker - Scripps Howard News Service Sen. Chuck Schumer has called the recent Democratic takeover of Congress the end of the Reagan era. If we believe a red flag that the Wall Street Journal has run up about a possible Republican capitulation with the new Democratic majority on Social Security reform, our own Republican president might prove Schumer right. The Wall Street Journal, and other sources, now report that the Bush administration is expressing openness to forget the idea of private ownership as the basis for Social Security reform, and to work with Democrats to "save" Social Security as it is with tax increases and benefit cuts. Badly needed reform of our wounded and limping Social Security system has been seriously hampered by what I call the politics of cynicism. These politics are driven by politicians primarily motivated by protecting their own power and interests as opposed to those of their constituents. What's my proof that Social Security reform is driven by this cynical brand of politics? No one could possibly argue that Social Security is a good program today. If we did not have it, and any politician tried to propose it and get it passed, he or she would be laughed out of Washington. Social Security is a unique government program in that every taxpayer can personally evaluate it by asking the simple questions - What am I paying, What am I getting, and Is it worth it? The Heritage Foundation's Social Security calculator tells me, for example, that a 25 year old male earning $31,000 can expect, based on the Social Security benefit he'll receive, almost a negative one percent return on the money he puts in over his working life. If he purchased a diversified portfolio of stocks and bonds over this same period with this same amount of money, this guy could get an annuity five to six times greater than this Social Security benefit. But even a bank CD would produce a monthly payment that could double Social Security. There are other relevant points that anyone who has been following this debate can recite. With a private account this guy owns his money. Under Social Security, he doesn't even have a legal right to the benefit. Which is material because the government is constantly changing the rules. Can you imagine getting a letter from your bank or broker saying they are lowering the return on your investment because they can't afford to pay you what they promised? But, this is what is about to happen, again, with Social Security. Not only are the returns to taxpayers negative, but they are guaranteed, beyond any question, to get worse. The system is bankrupt and can only continue in its current form through some combination of tax increases and benefit cuts. Which will drive what individuals get for what they put in even further south. Why, then, does there seem to be a political consensus to save this monstrosity? Politicians will tell you it's because the American people want it. The polls say so. And indeed they do. But the fact is taxpayers support this status quo out of fear and not knowledge. Certainly, no sane individual would buy a program that has the personal investment economics that I just described. When President Bush proposed changing the program to one of ownership and private accounts, the Democratic Party launched major league into the politics of cynicism. The message that working Americans heard was that they would be kicked off a government program guaranteeing them a payment at retirement in exchange for taking their money and investing it in the stock market. Is it any wonder that many dived for cover? I call this the politics of cynicism because there is not a single Democratic senator or congressman who would purchase an insurance policy with the type of legal and economic realities of Social Security. Shut the door and one by one they know the truth. The Democrats' campaign to "save Social Security" has really been a campaign to save their own butts. To have endorsed the president's reform would have been an endorsement of a fundamental move away from welfare state politics that has been the bread and butter of the Democratic Party. Now, playing on fears and not the real interests of working Americans, and the inability of Republicans to stick to and sell their message, the Democrats have won. The real victims are the low and middle income Americans whose hard earned money is being sucked into this black hole that will only get deeper and blacker. This is happening while Democrats bewail wage and wealth stagnation at the lower end of our income spectrum. Is a Republican White House, for fear that it will look like it did nothing on Social Security, about to join Democrats in the ranks of the politics of cynicism? The Reagan era is still alive for this writer. Let's hope it's still alive in the Bush White House. Photo Copyright Getty Images Copyright Scripps Howard News Service 2006 you want Bush to "work" with you but you pick the things you your self think is stupid and nobody would do. you just want to make sure the service state stays in tact is how I read it but Im a stupid conservative. obviously not one of you read this....

If you are pro-immigration, does my plan bother you? So, I have succumbed to the liberal way of thinking. I understand their point of view and I think now is the time do act upon it. All of my life I have worked hard. I have done the things needed to get me through life without any aid from the government or handouts from my fellow Americans. But, I have seen how those that are pro-illegal (er..pro-amnesty) want to hand tax payer dollars out to those here illegally and I think, as an American, I should take advantage of this opportunity as well. I mean, my husband and I both work full time and I go to school full time. We pay our own health care, our own daycare during the summer, I pay for my tuition out of my pocket ($15,000.00 a year) and I also pay for my son's tuition for private school (that's another $4000.00 a year). I have served my country, 6 years active duty Navy and I am tired. I am tired of paying taxes to support those that are illegally in this country, or those that will not help themselves. So, here it goes. My husband and I are getting a divorce. No need for that pesky marriage getting in the way of our entitlements from the government. I am quitting my job. Why work when I can get things handed to me from the government. I am applying for HUD so that my rent will only be $50.00 a month. I have seen the places that take HUD and Section 8…not shabby….some are actually nicer than where we are living now. I am going to get government medical, well since I am not working, I won't have insurance....and you KNOW that it is the taxpayers responsibility to insure my kid (even though you didn't have him) I am going to get food stamps…got to feed that kid that I can't afford. And to top it off…now since I am on welfare….MY SCHOOL IS FREE!!!!!!!!!!!!!! Woooo hoooooo Talk about a deal. So thanks all of you bleeding hearts…you have helped me see that light. I now realize that personal responsibility is WAY over rated and something that I can do without. I mean, if the illegals and their anchor babies are getting all this…why can't I? But, of course, my husband is still going to live with me, so we will still have his income on top of what we are getting from the government. We just don't want that "marriage" thingy getting in the way of all our freebies. Gubment cheese….yummy.

** Hard working Taxpayers**? As a hard working professional tax payer I get really upset when I see people taking advatage of our money. Some people deserve welfare, which alows them to provide for thier family but for the most part people like Jackson H, don't work or work P/T at a fast food joint so that they can recieve free food , housing and income. The only thing thing that makes me feel better is that while they get this "free ride" , I will do nothing but improve my self in work, personal life and financial matters and they will always be at the bottom feeders eating up every one's money.

Do you think Hillary might just be embarassed by something on her tax returns? I mean, based on past history. Bill Clinton did not earn only $35,000 as Governor. His expenses were often paid out of various state funds, including a $51,000 "food allowance" and a $19,000 "public relations" fund, never claimed as income. Hillary Clinton's aggressive tax deductions, included $1,000 to more than $2,300 a year for used clothing donations. Hillary annually gave bags of used clothes to Goodwill and the Salvation Army. Taking time from her arduous schedule, she personally catalogued each piece and its value, such as $10 each pair for Bill's old running shoes, $3 for Bill's used undershirts and $1 a pair for Bill and Chelsea's underwear. Despite Bill Clinton's siding with "those who work hard and play by the rules," While the President threw nominees overboard for not paying taxes on nannies, the Clintons never paid taxes in 1980 on their state-funded nanny, Dessie Sanders. In 1981 and 1982, when Clinton was out of office, they claimed a child care exemption for Sanders' services, but still didn't pay any Social Security taxes for her. A 1981 audit showed that Chelsea's nanny, Dessie Sanders, was employed at the governors' mansion from the time of Chelsea's birth to the time Clinton left office. The State of Arkansas does not pay for nannies, so Governor Clinton had Dessie Sanders listed on the payroll as a security guard. Helen Dickey (also known as 'a white house aide', a title that put her on the government payroll) was one of Chelsea's nannies in the white house but Becky Brown and Dessie Sanders raised Chelsea for the biggest part of her life. Becky Brown was on the payroll as an 'assistant administrator' in the governor's mansion. In reality, she was Chelsea Clinton's nanny, but the formal title meant that her salary could be paid by the state, thus landing the taxpayers of Arkansas with the financial liability for bringing up Chelsea. The Clintons even managed to claim tax relief for the statefunded nanny. The Clintons also have a history of what they call "oversights" when it comes to their taxes. One example: In 1994 The Clintons paid the Internal Revenue Service and the Arkansas state government $14,615 in back taxes and interest, after failing to report profits from a commodities-trading venture to the IRS. They said it was simply a mistake, an "oversight". How greedy and trashy can a person get? If you want links, there are 13,300 to choose from here: http://www.google.com/search?hl=en&q=clinton+personal+tax+deductions+underwear For the verification on the nannies, just google their names plus words like 'nanny', 'Clinton', 'Chelsea', 'tax', etcetera. Hmm, I have no idea why the copy/paste was all choppy up there in the middle...Weird. @Benedict: This is more than dishonest. It's just so greedy. They had more than enough money to raise one child, but they made taxpayers pay for her entire childhood. Then they claimed tax relief for it in addition to that. And deducting for used underwear? Who else would DO that? Even if it wasn't ALL fraud, it's still just so....wrong. @Carl: Don't you think it gives some idea of what type of people they are? Don't you want to know what type of person you might be electing? I honestly never cared much for the Clintons because of all the shady things they have been involved in, and the fact that many of their friends and business partners are felons, but I seriously had no idea they were this low-class.....This is just trashy. And they called Paula Jones "trash". I bet Jones doesn't deduct income tax for used underwear. I have never heard of anything like that before. @Heidi: I agree, Chelsea's nannies were good people. That truly turned out to be to Chelsea's benefit. I think Chelsea turned out pretty well, and she's a very nice person. Not like Hillary or Bill at all. No GC, they've seen all of this. It's old news now, I just happened to find it while looking up inclusions in transparency laws, one thing led to another. There are literally thousands of links that verify these things. But, the Clintons have ALWAYS managed to get away with their activities, well except for being fined for these tax discrepencies. What do you think "Teflon President" means? I'm betting they find a way out of their upcoming fraud trial, too. I honestly believe that they won't be charged. OH, here's over 600 links for their "oversight" too: http://www.google.com/search?hl=en&q=%2414%2C615+clintons

I have American Tax Saver Series for everyone with USA income!? There are 7 volumes of descriptions of what every taxpayer needs to know to get the best out of their tax return. I have kept it private but can no longer keep up the volume. They are copyrighted and downloadable. How do I get it to the people? I am a 24 year veteran Tax Professional, by working for the people. These guides apply to everyone everywhere, they never run out. There is very little editing and they are written for regular people to get the best out of their tax return, easily, correctly and organized. Where do I go from here. I have been unlisted and wrote the volumes for my personal clients, it has grown into its own company that I am unable to keep up with anymore. Where do I go and how do I start to make them public? Gail

2008 tax rebate - help!? My husband and I have discussed this a few times and it ends in an argument every time. His understanding is that every taxpayer will get $800 - $1600 for married filing joint, plus $300 for each child. I'm pretty sure that I read it's only $300 per taxpayer if you didn't pay any taxes and $600 if you paid at least that much in taxes. So here's where i need the help. Our income: $44269 Standard deduction: $10700 personal exemptions: $20400 Taxable income: $13169 And this is where I get confused. Our total taxes were $1318 but after the child tax credit we didn't owe anything so than our tax liability is $0 and we would only get $300/taxpayer? Plus we have four kids so that's another $1200. I'm fairly certain that I have it right b/c we got all our taxes back and then some. I just want to make sure. Thanks! I'm fairly certain that while trying to research this topic I had read that this "rebate" is NOT a prebate and therefore will have no effect on next year's taxes. Just wondering if anyone else has heard this or can confirm it. Now that I want to find the article I read it in, it has evaded me. But I did find a great quote from President Bush: In a statement on the economy delivered Friday morning, President Bush said any plan should feature "direct and rapid income tax relief" to boost consumer spending. "Letting Americans keep more of their own money should increase consumer spending, and lift our economy at a time when people otherwise might spend less," he said. The above paragraph just seems so wrong...letting Americans keep MORE of their OWN money?

Why are congressional members not made to pay income tax on their limos and drivers? If I use a company car for personal use I have to declare the mileage and pay tax but congressional members, not to mention the President, use taxpayer provided services and do not pay tax. WHY?

When can someone allowed a Personal Exemption? The description I have on personal exemptions is fairly vague. All I have is a couple of paragrahs that gives me little more than, "based on the idea that a taxpayer with little income should be exempt from income taxation." Is this limitied to low income people or does it apply to everyone? If it is just for low income earners where is the cut off? I'm filling out a 1040 and don't know if I should include it. Please do not tell me to contact a tax professional. I am an accounting major and this is for my class in federal taxation. The 1040 inquestion is for a fictional person. I would ask the professor but she has been unavailable.

what would be the possible source code in this program?i am using a dev C++ compiler? these is the problem: M Sample output First Screen Input Monthly Salary JanuaryP FebruaryP MarchP AprilP MayP JuneP JulyP AugustP SeptemberP OctoberP NovemberP DecemberP BonusP *note: get the monthly income of the taxpayer and sum it up including the bonus. The taxable for the bonus is the excess of more than 30,000. example bonus = 40,000 the taxable is 10,000 only. In these input the output is the gross taxable income which will be displayed on the next screen. After inputting the necessary information clear the screen for the next part of the program. Next Screen For the year YYYY _ _ _ _ Taxpayer’s Spouse TINTIN _ _ _ - _ _ _- _ _ _- 0 0 0_ _ _ - _ _ _- _ _ _- 0 0 0 Name (Last Name, First Name, Middle NameName (Last Name, First Name, Middle Name ___________________________________________________________ Registered AddressRegistered Address ___________________________________________________________ Date of Birth (MM/DD/YYYY)Date of Birth (MM/DD/YYYY) _ _ / _ _ / _ _ _ __ _ / _ _ / _ _ _ _ Zip CodeZip Code _ _ _ __ _ _ _ Telephone NumberTelephone Number (63 _ _) _ _ _ - _ _ - _ _(63 _ _) _ _ _ - _ _ - _ _ Exemption Status Single Head of the Family Married Number of Qualified Dependent Is the wife claiming the additional exemption for qualified dependent children? YesNo Computation of Tax Gross Taxable Compensation Income Gross Compensation Income and Tax Withheld Name of EmployerTINTaxpayer Compensation IncomeSpouse Compensation Income Qualified Dependent Children Name Birthdate (MM/DD/YYYY) Other Dependents Name Birthdate (MM/DD/YYYY)Relationship If Taxable Income is: Tax Due is: If Not over P 10,000 5 % Over P 10,000 but not over P 30,000 P 500 + 10 % of the excess over P 10,000 Over P 30,000 but not over P 70,000 P 2,500 + 15 % of the excess over P 30,000 Over P 70,000 but not over P 140,000 P 8,500 + 20 % of the excess over P 70,000 Over P 140,000 but not over P 250,000 P 22,500 + 25 % of the excess over P 140,000 Over P 250,000 but not over P 500,000 P 50,000 + 30 % of the excess over P 250,000 Over P 500,000 P 125,000 + 34 % of the excess over P 500,000 Personal and Additional Exemptions The filer’s civil status shall be indicated by marking with an “x” the appropriate box. The amount of personal exemption are as follows: a. For single individual, widow/widower or married individual judicially decreed as legally separated with no qualified dependents P 20,000 b. For Head of the Family P 25,000 c. For each employed married individual P 32,000 In the case of married individuals where only one of the spouses is deriving gross income, only such spouse shall be allowed the personal exemption. An additional exemption of P8,000.00 shall be allowed for each qualified dependent child, not exceeding four (4). The additional exemption for dependents shall be claimed by the husband, who is deemed the head of the family unless he explicitly waives his right in favor of his wife. In the case of legally separated spouses, additional exemption may be claimed only by the spouse who has custody of the child or children; Provided, that the total amount of additional exemptions that may be claimed by both shall not exceed the maximum additional exemptions allowed by the Tax Code.

Tax receipts are up $521 billion since 2004, so why do Dems continue to criticize the tax cuts? I would hope that they are smarter than those who think that simply raising taxes raises more revenue (I feel sorry for those simple-minded types). Most people (I would hope) understand that tax rates and revenues do not work in that way. "Tax cuts for the rich" (as Dems like to call them), have led to increases in tax revenues (and corp. revenues), so why do the Democrats continue to say that the "Bush" tax cuts led to greater deficits when it is so apparent that only excessive spending by an irresponsible and despicable Congress is to blame for such conditions? What's up Dems? Why do you continuously spread misinformation and propaganda that has no basis in fact regarding this issue? As for the rich, the top1% of taxpayers pay 37% of the federal personal income taxes. How is that for your so-called fair share? Don't forget that the money they make is theirs.

Clintons release Tax Returns? FOR IMMEDIATE RELEASE April 4, 2008 Statement of Jay Carson, Clinton Campaign Spokesman Today Senator Hillary Clinton and President Bill Clinton are releasing their tax returns for the years 2000 through 2006, and are providing information regarding their 2007 taxes as well. The Clintons have now made public thirty years of tax returns, a record matched by few people in public service. None of Hillary Clinton's presidential opponents have revealed anything close to this amount of personal financial information. What the Clintons' tax returns show is that they paid more than $33,000,000 in federal taxes and donated more than $10,000,000 to charities over the past eight years. They paid taxes and made charitable contributions at a higher rate than taxpayers at their income level. 2000 - 2007 TAX RETURN SUMMARY HILLARY & BILL CLINTON TAXES PAID: $33,783,507 The Clintons paid $33,783,507 in federal taxes - 31% of their adjusted gross income. According to the most recent data available from the IRS, in 2005 taxpayers earning $10,000,000 or more paid on average 20.8% of their adjusted gross income in taxes. CHARITABLE CONTRIBUTIONS: $10,256,741 The Clintons donated $10,256,741 to charity - 9.5% of their adjusted gross income. According to the most recent data available from the IRS, in 2005 taxpayers earning $10,000,000 or more contributed 3.1% of their adjusted gross income in cash contributions to charity. Information about the Clinton Family Foundation, including a list of charities to which the Clintons contributed through the Foundation, is available online in the Foundation's publicly available tax returns (www.foundationcenter.org). AFTER TAX EARNINGS: $57,157,297 CUMULATIVE TOTAL(GROSS) INCOME: $109,175,175 Including, among other items: Senator Clinton's Senate Salary: $1,051,606 President Clinton's Presidential Pension: $1,217,250 Senator Clinton's Book Income: $10,457,083 President Clinton's Book Income: $29,580,525 President Clinton's Speech Income: $51,855,599 SENATOR CLINTON'S BOOK INCOME: $10,457,083 Senator Clinton's book income is comprised of earnings for Living History ($10,267,895), including an $8,000,000 advance, and It Takes a Village ($189,188). The earnings for It Takes a Village were donated to charity. Since the release of It Takes a Village in 1996, Senator Clinton has donated over $1,100,000 to charity. PRESIDENT CLINTON'S BOOK INCOME: $29,580,525 President Clinton's book income is comprised of earnings for My Life ($23,280,525), including a $15,000,000 advance, and Giving ($6,300,000). The President donated $1,000,000 of his income from Giving in 2007 to charity. PRESIDENT CLINTON'S SPEECH INCOME: $51,855,599 NOTE: The figures in this summary include 2007 estimates. Annual tax information is available for download here:

corrected, the numbers of the UNEMPLOYED went up by at least .5% today? today 71,400 people lost their jobs... http://money.cnn.com/2009/01/26/news/eco... when are our politicians going to understand they need to act and they need to act selflessly and immediately suspend personal income taxes. today's losses, at an average wage rate of $38,000 means our GDP went down by 2.7 billion dollars just on these lay offs. forget how many cars won't be bought (or paid for) or houses, or bottles of wine, widgets and you can just forget about sitting down in a restaurant. anybody know how much is the total impact of an american losing his/her job? (american market) what is the impact in other countries as well? here are some bailout facts that will make you cry: $57,971 is what the bailout has cost you each (US Taxpayers). or $26,331 for evey man woman and child in the US. this is before this next proposed round the POTUS is now pushing through the house. what would you do if they just gave your $60,000 directly to you (instead of to GM, Citi Bank, AIG, etc)? here are the links and math: cost of bailout - $8,000,000,000,000 http://www.prisonplanet.com/cost-of-bail... Population of US - 303,824,640 https://www.cia.gov/library/publications... GDP - 13,840,000,000,000 https://www.cia.gov/library/publications... $/Man/Woman/Child - 26,331 (calculation) GDP per Man/Woman/Child - 45,553 (calculation) tax returns 2007 - 138,000,000 $ per taxpayer - $57,971 years to recover bailout $ - 3.62 (calculation)

Do you believe the lies about who pays the taxes in our country? I posted this question a few days ago, and got some really absurd answers. I hope to get some replies from people who at least read the question, and people that know what filingg as a corporation or partnership means vs filing as an individual. This article: ttp://www.taxfoundation.org/news/show/250.html has been quoted to death, especially this line: "The top 1 percent of taxpayers (AGI over $388,806) earned approximately 22.1 percent of the nation's income (as defined by AGI), yet paid 39.9 percent of all federal income taxes." The problem with the quote is best described as lying with statistics, which is easy since most of us don't have a clue about numbers. The problem with the quote is that the article clearly states "individual tax filers", as if those returns represent the highest income. They don't. The highest income earners file many tax returns on various corporations, LLC's, partnershipts, and trusts that they control. For example, a local billionaire owner of car dealerships Ernie Boch Jr, in Massachusetts says "The only thing I own, in my own name, is a 1972 MG". So, his personal tax return is a tiny fraction of his total wealth. People like Rush Limbaugh drum these mis-quotes to death also, whining about how much "the rich" pay in taxes. He then goes on to quote half truths from articles like the above. The truth is that the wealthiest %1 are not represented in the above article. Only the top %1 of INDIVIDUAL filers. Most of those people are in the 200k to 400k range. Looking at incomes of people like Treasury Secretary Paulson, who made about 400 million dollars over the past 8 years or so, 200k to 400k is not anywhere near "rich". OK so what is the point? Fair tax. The real top %1 wealthiest people in our country don't pay taxes. The top %10 of INDIVIDUAL tax filers get screwed out of paying what they don't pay. That is completely unfair, and unconstitutional. And it certainly helps creat tax cheats, doesn't it? Who wants to pay %40 to %50 in real taxes, while people making 10 or 100 or 1000 times what they make, pay nothing? Anyone else notice the nonsense? ttp://www.taxfoundation.org/news/show/250.html The above links were broken. http://www.taxfoundation.org/news/show/250.html LiberalAssKicker: define "wealthy". I make 200.00 a year. Am I wealthy? Sorry, 200,000.00 a year. You can't understand the question unless you read it. I guess most posters here don't read very well. "Raising taxes on the rich doesn't save the rest of us any money." I Never said to "raise" taxes on anyone. What I want is FAIR taxes, which we don't have by any means. Why should I pay %40 of my 200,000.00 a year, when someone who makes billions pays %15 because they take a small wage mostly from capital gains, and the rest of their assetts are owned in partnerships or corporations? bMovies: but you won't see any of it. You'll pay so much in taxes, you will be little better off than people with much smaller wages but have places to hide income. Thanks for the link to TruthAttack. Im reading it now. I don't want to raise taxes on anyone, I want everyone to pay the same fraction of their income, wherever it comes from. that is fair, no? Rthimble: Re "I'm sick of supporting entitlement programs while others are taking 4 or 5 vacations a year because they have no tax liability. It also ticks me off to go to the store and see some women with her link card(food stamps in Illinois) buying the best cuts of meat, etc. it is just rubbing it in the face of taxpaying Americans." I hear you. I know people that hide money in partnerships owned by LLC's owned by partnerships. They ride in new corvettes, and take 5 vacations a year just like you've said. They don't contribute one bit to this country, but take a lot out. Why can't we all get the same benefit? HotCocoa "The more money one has contributes down the line to more taxes brought in to the government. You will see this when the government comes up short because of a cut back in the rich persons income." No, you're wrong, dead wrong. Look at the data again. The very top income people those that make all of their money through LLC's and partnerships and corporations, not the individual tax filer, they all get away with murder on taxes. And we, the middle class pay for it. The rich don't pay taxes, its the middle class. We're getting strangled to death. But they get handouts. "You will see this when the government comes up short because of a cut back in the rich persons income." Wrong! You'll see somethign when the government ends up short because the middle class, that pay ALL of the taxes are getting strangled. Look at the data!!! Ingrid has it right: "The Majority of Taxes (Dollars collected) comes from us the little People."

What can we expect from a Clinton president, will history repeat itself? •Democrats in House and Senate • •1993-02-05 - Family and Medical Leave Act of 1993 •1993-08-10 - Omnibus Budget Reconciliation Act of 1993 - Raised income tax rates; income tax, top rate: 39.6%; corporate tax: 35% •1993-11-30 - Brady Bill Democrats lose House and Senate to Republicans • •1994-09-13 - Violent Crime Control and Law Enforcement Act, part of an omnibus crime bill, the federal death penalty was expanded to some 60 different offenses (see Federal assault weapons ban) •1996-02-01 - Communications Decency Act •1996-02-08 - Telecom Reform Act: eliminated major ownership restrictions for radio and television groups. • •Clinton pressured by Republicans to sign welfare reform after 2 veto’s to win reelection • •1996-02-26 - Personal Responsibility and Work Opportunity Reconciliation Act, a welfare reform bill •1996-03-14 - authorized $100 million counter-terrorism agreement with Israel to track down and root out terrorists. •1996-04-09 - Line Item Veto Act •1996-04-24 - Antiterrorism and Effective Death Penalty Act •1996-08-20 - Minimum wage Increase Act •1996-09-21 - Defense of Marriage Act, allowed states to refuse recognition of certain same-sex marriages, and defined marriage as between a male and female for purposes of federal law •1997-08-05 - Taxpayer Relief Act of 1997 •1998-10-28 - Digital Millennium Copyright Act •1998-10-31 - Iraq Liberation Act

the bloated welfare states of France and Sweden have lower corporate rates and generally better corporate tax? Now that recession-warning lights have begun to blink, Democrats should give tax hikes a rest. As tax-happy Democrats might have noticed, the stock market resembles a kindergartner on a swing set: half-giddy, half-scared, and hyperactive. Meanwhile, payrolls sagged by 4,000 positions last month. Not since August 2003 has America created no new jobs. Fifty-two economists in September 13’s Wall Street Journal offered a 36-percent average probability of recession by next September, up from 28-percent in August. Oil hit $81.93 per-barrel Wednesday — hardly good news. And the tumultuous home-mortgage industry suffered 243,497 foreclosure listings last month, up 115-percent versus August 2006, RealtyTrac.com reports. This mess triggered 12,000 layoffs, just at lender Countrywide Financial Corp. To prevent tight credit from suffocating the economy, the Federal Reserve Board Tuesday hastily administered a 0.5-percent federal-funds-rate reduction. Amid these worrisome omens and genuine human suffering, the last thing America needs is for congressional Democrats to stuff a pillow over the economy’s face. But they can’t control themselves. “Through 2012, the Democratic Congress’ new budget raises taxes $217 billion,” the National Taxpayers Union’s Pete Sepp calculates. “If no surpluses appear that year, another $175.5 billion tax hike automatically kicks in.” This $392.5 billion includes a halving of the per-child tax credit, restoration of the marriage penalty, a 50-percent leap in the low-income tax bracket (10-percent under Republicans; 15-percent under Democrats), and the resurrection of the Death Tax — from 0 to 55-percent. After August’s tragic Minneapolis bridge collapse, House Transportation chairman James Oberstar (D., Minn.) proposed a “temporary” nickel-a-gallon federal gasoline-tax increase. Never mind that existing gas-tax revenues vanish into narcissistic pork projects rather than urgent infrastructure repairs. Such a tax hike would “cost American motorists an estimated $25 billion over the next three years,” NTU reckons. Democrats cannot plea that soaring deficits require tax hikes to absorb red ink. Indeed, the federal budget gap narrowed from $413 billion in 2004 to $158 billion today, proving that the best deficit medicine nearly always is to limit taxes and consequently unleash American enterprise. A thinner federal slice of a bigger economic pie usually yields revenues exceeding pre-tax-cut levels. Federal receipts have zoomed 7-percent this year. “The tax cuts are working exactly as intended,” Heritage Foundation analyst Brian Riedl argues. “Lower tax rates have increased the incentives to work, save, and invest, and as a result, the economy has grown faster than expected.” He adds: “Concerns that the Bush tax cuts would lead to a long-term shortfall of government revenues have proven false …Tax revenues in 2007 are now estimated to be $70 billion above the level projected even before the 2003 tax cuts. In other words, tax revenues are now above their pre-tax cut baseline.” Democrats cannot deny what happened after President Bush and Capitol Hill Republicans slashed maximum capital-gains taxes from 18 to 15-percent in 2003. Rather than dwindle $5.37 billion between 2003 and 2006, as the congressional Joint Tax Committee’s antique, static-analysis model wrongly predicted, revenues actually advanced $53 billion. Foreign economic ministers understand these lessons and are lowering taxes as if Franklin Roosevelt never lived and Ronald Reagan never died. “Sweden and Russia last year eliminated their estate taxes because they said the tax was economically counterproductive,” economist Stephen Moore wrote in the August 31 Wall Street Journal. “In Germany under Chancellor Angela Merkel, the corporate tax rate has been reduced to less than 30 percent from 39-percent.” Poland recently chopped its business tax from 27-percent to 19. Even Hanoi gets it! Thanks to corporate-tax relief, “the business environment will become more and more attractive, resulting in increased investment,” Vietnamese tax chief Nguyen Van Ninh told Moore. While America’s corporate tax levitates at 35-percent, seven European Union nations have lowered business levies this year. The EU-average corporate tax is 24.2-percent. “Further corporate tax rate cuts are being implemented in Germany, Estonia, Spain, and the United Kingdom, and rate cuts are being discussed in the Czech Republic and France,” observes Cato Institute senior fellow Dan Mitchell. “Even the bloated welfare states of France and Sweden have lower corporate rates and generally better corporate tax systems than America.” Democrats thus resist global pro-market trends, even among progressive governments long on social solidarity and short on “reckless cowboyism.” But, for most Democrats, these facts and numbers are irrelevant. Taxes are not about merely funding vital government duties and basic public services. They are meant to punish the wealthy, “correct” personal behavior, and distribute universal largesse. Thus, Democrats itch to raise taxes on highly lucrative private-equity partnerships, from 15 to 35-percent. True to form, the Democratic Senate voted in August to hike cigarette taxes 156 percent, from 39 cents to $1 per pack. This would ignite a massive explosion in the State Child Health Insurance Program. The Democratic House extended government medicine to kids in families of four earning quadruple the Federal Poverty Line, or $82,600 — twice today’s threshold. The House also redefined “child” as an eligible boy or girl …up to age 25. While America’s economy clings from a ledge, Democrats dance on its fingertips. When the donkey party promises “change,” it delivers — good and hard.

the bailout has cost you $57,971 - now how do you feel? the US Bailout has cost everyman woman and child in the US $26,331; that is $57,971 for each personal tax return filed last year. 1)what do you think? 2)how much should we spend? 3)is there a better use of your money? cost of bailout - 8,000,000,000,000 http://www.prisonplanet.com/cost-of-bail... Population of US - 303,824,640 https://www.cia.gov/library/publications... GDP-13,840,000,000,000 https://www.cia.gov/library/publications... $ per Man/Woman/Child - 26,331 (calculation) GDP per Man/Woman/Child - 45,553 (calculation) i think we the people need to start a movement to recoup our losses and stop this madness. if this money was returned to the taxpayers the economy would not be in a downward spiral. the fed does not have an ROI for this "investment". calculations show it will take 3.62 years of personal income taxes to pay down just this principle. That means shutting down the ENTIRE government for 3.62 years just to pay down the principle (not interest) we've given access to our funds without any idea what the ROI is, not a sound business practice. get your stinking paws off me you damn filthy ape!

Is this True ? ......No Tax...on Wages ? American Citizen's, living and working in the 50 states have no liability to pay federal income taxes and no liability to pay state income taxes, since the Constitution of the United States of America clearly does not allow for a DIRECT, UNAPPORTIONED TAX on Citizen's property or on the fruit of their labors. The recent case in Illinois, United States v. Robert Lawrence highlighted the fraudulent 1040, which does not contain a valid OMB number. The govt asked for the case to be dismissed, because Lawrence's atty intended to expose the fraud and the government was smart enough to realize that this would also expose the Constitutional tort existent because the income tax is a direct unapportioned tax.. The 16th Amendment does not change Constitutional taxation, because it is limited to the word “income”, which is not redefined in this amendment. Here the term “income” means that on which an excise tax can be levied. “Income” does not refer to earnings for work. This was confirmed by at least 8 Supreme Court rulings, and has never been overturned. The 16th Amendment does not repeal the Constitution’s principles of taxation. The 16th Amendment granted Congress no new powers of taxation. This amendment is a statement about excise taxes, and certainly does not allow for a new direct tax on earnings for work. Income is not specifically defined in the IRS Manuals nor is it defined in the IRS Code. Congress did not define it. Income has always been defined by the Courts as to exclude wages. TAX LAW ORIGINS AND AUTHORITY Congress has had power to lay and collect income taxes from the time of the adoption of the Constitution, (Brushaber v. Union Pacific R.R. Co., [N.Y. 1916] 36 S.Ct. 236, 240 US 1). This power was subject to the requirement that direct taxes be apportioned among the several states according to population (Pollock v. Farmers Loan and Trust Co., [N.Y. 1895] 125 S.Ct. 673, 157 US 429). The adoption of the Sixteenth Amendment to the Constitution (effective Feb. 25, 1913) giving Congress power to: "Lay and collect taxes on income, from whatever source derived, without apportionment among the several states, and without regard to any census or enumeration" Evens v. Gore, [Ky 1920] 40 S.Ct. 550, 253 U.S. 245, Kasey v. C.I.R., [C.A. 91972] 457 F2d 369, Cert. denied 93 S.Ct. 197, 409 U.S. 869 It did not limit or expand the power of Congress to tax under the constitutional provisions authorizing Congress to lay and collect taxes but instead merely provided for taxation of income without apportionment (Brushaber v. Union Pacific R.R. Co., [N.Y. 1916] 36 S.Ct. 236, 240 U.S. 1, 60 L.Ed. 493; Simmons v. U.S., [CA Md 1962] 308 F2d 160). The Brushaber court ruled that the 16th Amendment separated the source (capital) from the income (profit) permitting the collection of an indirect (excise) tax on income, but leaving the source (wages, salary, compensation, fees for service, first time commissions and capital) untouched and free of tax. If these things were to be taxed, it could only be construed as a direct tax, unquestionably in violation of the Constitution, making the entire tax in income void. There still remains the question as to what is constitutionally allowable as "income" which can be taxed, as Congress is not constitutionally free to define "income" in any way it chooses (Simpson v. U.S., [D.C. Iowa 1976] 423 F.Supp. 720, reversed on other grounds, Prescott v. Commissioner of Internal Revenue, [C.A.] 561 F2d 1287). Further, the labels used do not determine the extent of the taxing power (Simmons v. U.S., [C.A. Md. 1962] 308 F2d 160; Richardson v. U.S., [C.A. Mich. 1961] 294 F2d 593, cert. denied 82 S.Ct. 640, 360 U.S. 802, 7 L.Ed.2d. 549). To reiterate; the tax authorized under the original U.S. Constitution has not changed except as to separate the source of "income" from the income itself permitting the collection of an indirect (excise) tax on income by leaving the source (wages, salaries, fees for service, and first time commissions) free of tax (Brushaber, supra.) despite how some politicians interpret the 16th Amendment. NOTE: The Brushaber court referred to an earlier case, Pollock v. Farmers Loan and Trust Co., 158 U.S. 601 [1895] which declared the Income Tax Act of 1894 unconstitutional, as it's effect would have been to leave the burden of the tax to be born by professions, trades, employments, or vocations; and in that way, what was intended as a tax on capital would remain, in substance, a tax on occupations and labor. This result, the court held, could NOT have been contemplated by Congress. Since the general term: "income" is not defined in the Internal Revenue Code, (U.S. v. Ballard, [1976] 535 F2d 400) and the U.S. Supreme Court has ruled the Congress may not, by any definition it may adopt, conclude the matter, since it cannot by legislation alter the Constitution, from which alone it derives it's power to legislate, and within whose limitations alone, that power can be lawfully exercised (Eisner v. Macomber, [1920] 252 U.S. 1889). Since the Rules contained in the I.R.S. Manual, even if codified in the Code of Federal Regulations, do not have the force and effect of law (U.S. v. Horne, [C.A. Me. 1983] 714 F2d 206) and the power to promulgate regulations does not include the power to broaden or narrow the meaning of statutory provisions beyond what Congress intended (Abbot, Procter & Paine v. U.S., [1965] 344 F2d 333, 170 Cl.Ct. 408) and regulations cannot do what Congress itself is without power to do; they must conform to the Constitution (C.I.R. v. Van Vorst, [C.C.A. 1932] 59 F2d 677). Since the ultimate Appellate Court is the U.S. Supreme Court, we must look to that Court for a definite answer on the question of conformance and affirmation that Wages are not classified as income which can be taxed. The Court has recognized that: "... It becomes essential to distinguish between what is, and what is not `income' ..." Eisner v. Macomber, [1920] 252 U.S. 189 and determined that: "... `income' as used in the statute should be given a meaning so as not to include everything that comes in, the true function of the words `gains' and `profits' is to limit the meaning of the word `income'" (So. Pacific v. Lowe, 238 F. 847); (U.S. Dist. Ct. S.D. N.Y. 1917); (247 U.S. 30 [1918]) The Court determined that: "... the definition of income approved by the Court is: `The gain derived from capital, from labor, or from both combined, provided it be understood to include profits gained through sale or conversion of capital assets.'" Eisner, supra. "Income within the meaning of the 16th Amendment and the Revenue Act means, gain ... and in such connection gain means profit ... proceeding from property severed from capital, however invested or employed and coming in, received or drawn by the taxpayer for his separate use, benefit and disposal" Staples v. U.S., 21 F.Supp. 737, (U.S. Dist. Ct. EDPA, 1937) In the case of Lucas v. Earl, [1930] 281 U.S. 111, the U.S. Supreme Court stated unambiguously that: "The claim that salaries, wages and compensation for personal services are to be taxed as an entirety and therefore must be returned by the individual who has performed the services which produced the gain is without support either in the language of the Act or in the decisions of the courts construing it. Not only this, but it is directly opposed to provisions of the Act and to regulations of the U.S. Treasury Dept. which either prescribe or permit that compensation for personal services be not taxed as an entirety and be not returned by the individual performing the services. It is to be noted that by the language of the Act it is not salaries, wages or compensation for personal services that are to be included in gross income. That which is to be included is gains, profits and income DERIVED from salaries, wages or compensation for personal service." [Emphasis added] The Court ruled similarly in Goodrich v. Edwards, [1921] 255 U.S. 527 and in 1969, the Court ruled in Conner v. U.S., 303 F.Supp. 1187, that: "Whatever may constitute income, therefore must have the essential feature of gain to the recipient. This was true when the 16th Amendment became effective, it was true at the time of Eisner v. Macomber, supra, it was true under sect. 22(a) of the Internal Revenue Code of 1938, and it is likewise true under sect. 61(a) of the I.R.S. Code of 1954. If there is not gain, there is not income .... Congress has taxed INCOME and not compensation." "... one does not derive income by rendering services and charging for them." Edwards v. Keith, [1916] 231 F. 111 Even at the state level, we find courts following the lead of the U.S. Supreme Court: "There is a clear distinction between profit and wages or compensation for labor. Compensation for labor cannot be regarded as profit within the meaning of the law." Oliver v. Halstead, [1955] 196 Va. 992, 86 S.E.2d 858 and: "Reasonable compensation for labor or services rendered in not profit." Lauderdale Cemetery Assoc. v. Matthews, 345 Pa. 239, 47 A.2d. 277, 280 [1946] Since the above cases are the undisputable law with respect to what is or is not income, we find the word "income" does not mean all monies that come into the possession of an individual, but profit or gain FROM the money one takes in, such as interest, stock dividends, profit from an employee's labors, but not from an individual's wages, which are compensation for his labor. This means that the average person in America, who has no large investments or riches upon which he receives interest, dividends, etc., in excess of the amounts listed above (1992) but merely works for wages, has income insufficient in amount to be required to file a tax return. .

Can someone explain this to me please? I was looking for info on the tax rebate stimulus package and found this: Rebate. An eligible individual will receive a basic credit equal to the greater of: (1) his net income tax liability up to a maximum of $600 ($1,200 for a joint return); or (2) $300 ($600 for a joint return) if either (a) the taxpayer's qualifying income is at least $3,000; or (b) his net income tax liability is at least $1 and gross income is greater than the sum of the applicable basic standard deduction amount and one personal exemption (two personal exemptions for a joint return). Qualifying income is earned income generally, veterans' disability payments (including payments to survivors of disabled veterans), and social security benefits. There will be an additional $300 per-child credit amount. http://ria.thomson.com/taxwatch/default.asp Does this mean if you had $0 tax liability that you will not get the rabate? For example, we made about $40k but got back all our taxes b/c we have 4 kids.

30 days Plan to resemble a command economy in 30 days: free market and progress for all? Please Read This : http://www.mises.org/story/2685

Do you believe the Tax lies? This article: http://www.taxfoundation.org/news/show/250.html has been quoted to death, especially this line: "The top 1 percent of taxpayers (AGI over $388,806) earned approximately 22.1 percent of the nation's income (as defined by AGI), yet paid 39.9 percent of all federal income taxes." The problem with the quote is best described as lying with statistics, which is easy since most of us don't have a clue about numbers. The problem with the quote is that the article clearly states "individual tax filers", as if those returns represent the highest income. They don't. The highest income earners file many tax returns on various corporations, LLC's, partnershipts, and trusts that they control. For example, a local billionaire owner of car dealerships Ernie Boch Jr, in Massachusetts says "The only thing I own, in my own name, is a 1972 MG". So, his personal tax return is a tiny fraction of his total wealth. People like Rush Limbaugh drum these mis-quotes to death also, whining about how much "the rich" pay in taxes. He then goes on to quote half truths from articles like the above. The truth is that the wealthiest %1 are not represented in the above article. Only the top %1 of INDIVIDUAL filers. Most of those people are in the 200k to 400k range. Looking at incomes of people like Treasury Secretary Paulson, who made about 500 billion dollars over the past 8 years or so, 200k to 400k is not anywhere near "rich". OK so what is the point? Fair tax. The real top %1 wealthiest people in our country don't pay taxes. The top %10 of INDIVIDUAL tax filers get screwed out of paying what they don't pay. That is completely unfair, and unconstitutional. And it certainly helps creat tax cheats, doesn't it? Who wants to pay %40 to %50 in real taxes, while people making 10 or 100 or 1000 times what they make, pay nothing? Anyone else notice the nonsense? Its a typ'o, pznbob, thanks for the note: http://www.forbes.com/lists/2006/12/VY36.html Its 50 million, not 50 billion. SORREE. Pznbob: re: "Those ultra rich are nearly all democrats, by the way." OK, thanks for the note, could you post some links? It doesn't sound remotely true! Are you saying that the richest people that supported George W Bush's tax law changes are mostly democrats? Really? Крис: where's the conspiracy? Its basic lying that we're talking about. The top %1 wealthiest people are not the top %1 of individual filers. We're talking about different groups! Here's the point: people like Rush limbaugh say that the top %1 pay all of the taxes, and its not true. The top %1 of individual filers pay all of the taxes. Not the top %1 most wealthy people, since they all file as corporations, trusts, and partnerships. Their 30 million dollar homes, private jets, all that stuff are held in corporations, and trusts. But Rush wants us to think that those people pay too much in taxes, which is horse manure. Remember the whole gross argument came up with Obama was running for president, and said he would make the tax laws more fair, and McCain fell off his chair to say he wanted "to keep taxes low". Well MY taxes sure as hell aren't low,and Im far, far from a 50 million dollar a year CEO. The whole thing is a sham, a lie. Not a conspiracy.

How will you spend your additional tax refund from Congress? Congress has decided to refund taxpayers anywhere from $300-$1200 this May through July. The amount you receive will be determined by your filing status. But the good news is that If you paid income tax for the year 2007, you will be receiving some additional money this spring/summer. How will you use this additional money? Make a charitable donation or a political contribution? Buy consumer goods? Reduce personal debt? Put it into savings? Fatten an IRA? Invest in the stock market? Fund more education? Spend it on something completely frivolous?

Does the following economic plan look good? 1. Tax Reform * Eliminate Taxes on Dividends and Savings. The basis of capitalism is savings, and Americans who do so should be rewarded. o Pass HJ Res. 23 to encourage savings over consumption. * Repeal the Death Tax. Attacking small businesses and breaking up family farms smothers growth and kills jobs. o Pass H.R. 2734 to make the Bush tax cuts permanent. * Cut Taxes for Working Seniors. Grandmothers and grandfathers working to make ends meet should keep all the fruits of their labor. o Pass H.R. 191 to amend the Internal Revenue Code of 1986 to repeal the inclusion in gross income of Social Security benefits. * Eliminate Taxes on Social Security Benefits. That money belongs to seniors, not the government. They paid into the system for a lifetime, and they should be free to spend every penny as they see fit. o Pass H.R. 192 to amend the Internal Revenue Code of 1986 to repeal the 1993 increase in taxes on Social Security benefits. * Accelerate Depreciation on Investment. We need to help companies grow and create jobs. o Pass H.R. 4995 to amend the Internal Revenue Code of 1986 to reduce corporate marginal income tax rates. * Eliminate Taxes on Capital Gains. Investment should be embraced and rewarded. o Pass H.J. Res 23 (The “Liberty Amendment”), proposing an amendment to the Constitution of the United States relative to abolishing personal income, estate, and gift taxes and prohibiting the United States Government from engaging in business in competition with its citizens. * Eliminate Taxes on Tips.The single parents and working students who earn their income chiefly through tips deserve to keep all of their money. This tax on "estimated income" is unfair and should be ended. o Pass H.R. 3664 to amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes. * Support the Mortgage Cancellation Relief Act. Working families who lost their homes should not be punished a second time with a big IRS bill. o Pass H.R. 1876 to amend the Internal Revenue Code of 1986 to exclude from the gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations. 2. Spending Reform * Reduce Overseas Military Commitments. Our bases and troops should be on our soil. o It's time to stop subsidizing our trading partners in Europe, Japan and South Korea. * Freeze Non-Defense, Non-Entitlement Spending at Current Levels o I vote against all bloated, pork laden spending bills and will veto them as president. 3. Monetary Policy Reform * Televise Federal Open Market Committee Meetings. An institution as powerful as the Federal Reserve deserves full public scrutiny. * Expand Transparency and Accountability at the Federal Reserve o Pass H.R. 2754 to require the Board of Governors of the Federal Reserve System to continue to make available to the public on a weekly basis information on the measure of the M3 monetary aggregate and its components. * Return Value to Our Money. Legalize gold and silver as a competing currency. o Level the long-term boom and bust business cycle by passing H.R. 4683, which would repeal provisions of the federal criminal code relating to issuing coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins. 4. Regulatory Reform * Repeal Sarbanes/Oxley. It has seriously wounded our capital markets and helped make the UK a financial center at our expense. o Ending these misguided regulations would bring jobs flooding back to the United States o Pass H.R. 1049 to reform Sarbanes-Oxley and reduce the burden it places on small businesses. * Repeal or Remove Costly and Unnecessary Federal Regulations. Neighbors know best how to help their neighbors. o We need to make it easier for community banks, credit unions, and other financial institutions to better serve their communities and to help people in these communities get access to credit and capital. o Pass H.R. 1869 to enhance the ability of community banks to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes.

What is THE ANSWER? Please read this whole msg.? What about a personal bail-out for each American taxpayer a decent stimulus check?.... It really all does not matter.They(government) ain't gonna give the working man poor a dime... We (the working man) will never see nothing.. You have to be part of there scheme of things.Like you have to be (special interest group) and a working truck driver is not a special interest group.. As far as i am concerned and the way i see it,the government created this mess because they are thieves,con's and scum..lol,lol.. The truth is the government does not have the interest of the working man.Never did and never will... It's all SMOKE AND MIRRORS.....TAKE A LOOK AT THIS 100% REALITY OF WHAT ARE ''CROOKED GOVERNMENT'' has done to the working people in this country....This is the work of the ''government legal extortion'' other known as the ''government mafia'' with there brother mafia ''wall street'' They have destroyed America and ran off with all the ''peoples money''..And they did it ''legally''.. THE GOVERNMENT AND POLITICIANS IS THE ONLY PROBLEM WE AS WORKING AMERICIANS HAVE.They are ain organization no different from the mafia of years ago.The only difference is the ''government'' found ways to do it ''LEGALLY''.. What we need is a modern day ''BOSTON TEA PARTY''...lol At first I thought this was funny...then I realized the awful truth of it.THIS IS OUR ''GOVERNMENT'' AND WHAT THEY HAVE DONE TO US AMERICIANS FOR 100 YEARS NOW....WHEN DOES IT END? You all think that your votes count each time you go stand in line to make you opinion count? Think again what you vote for is not counted.... the votes that are counted are those of the government... our legislators our governors our representatives our senators our POLITICIANS... Those are the only votes that count!!!! You think that you voted our President in?? past or present?? Think again!! You think you vote for any laws or regulations or taxes??? Think again!!! Be sure to read all the way to the end! Tax his land, Tax his bed, Tax the table At which he's fed. Tax his tractor, Tax his mule, Teach him taxes Are the rule. Tax his work, Tax his pay, He works for peanuts Anyway! Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties, Tax his shirt, Tax his work, Tax his dirt. Tax his tobacco, Tax his drink, Tax him if he Tries to think. Tax his cigars, Tax his beers, If he cries, then his tears. Tax his car, Tax his gas, Find other ways To tax his A.Z.Z.. Tax all he has Then let him know That you won't be done Till he has no dough. When he screams and hollers, Then tax him some more, Tax him till He's good and sore. Then tax his coffin, Tax his grave, Tax the sod in Which he's laid. Put these words upon his tomb, "Taxes drove me to my doom..." When he's gone, Do not relax, Its time to apply The inheritance tax. Accounts Receivable Tax Building Permit Tax CDL license Tax Cigarette Tax Corporate Income Tax Dog License Tax Excise Taxes Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax (42 cents per gallon) Gross Receipts Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges IRS Penalties (tax on top of tax) Liquor Tax Luxury Taxes Marriage License Tax Medicare Tax Personal Property Tax Property Tax Real Estate Tax Service Charge Tax Social Security Tax Road Usage Tax Sales Tax Recreational Vehicle Tax School Tax State Income Tax State Unemployment Tax (SUTA) Telephone Federal Excise Tax Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Taxes Telephone Minimum Usage Surcharge Tax Telephone Recurring and Non-recurring Charges Telephone State and Local Tax Telephone Usage Charge Tax Utility Taxes Vehicle License Registration Tax Vehicle Sales Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax And I am sure that there are many more but this is all I can think of off the top of my head..... SO...... STILL THINK THIS IS FUNNY? Not one of these taxes existed 100 years ago, and our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids. What in the heck happened? Can you spell "politicians!" And I still have to "press 1" for English!?!?!?!? I hope this goes around THE USA at least 100 times!!!!! YOU can help it get there!!!! GO AHEAD - - - BE AN AMERICAN!!!!!!

Has anyone seen the exact wording of the tax rebate bill? It is my understanding that single taxpayers would receive "up to" $600. If you make at least $3000 you get $300. What is unclear is the "up to" wording. Are they actually saying you will receive the amount you paid in tax with a maximum of $600 and a minimum of $300 if you had at least $3000 income. For example if your total tax for the year was $500 is that what you would receive back? This is not a personal tax question. I just want to increase my knowledge of the tax bill.

Do you think we are taxed enough? How are we going to pay these bailouts back? Read this n think...? What about a personal bail-out for each American taxpayer a decent stimulus check?.... It really all does not matter.They(government) ain't gonna give the working man poor a dime... We (the working man) will never see nothing.. You have to be part of there scheme of things.Like you have to be (special interest group) and a working truck driver is not a special interest group.. As far as i am concerned and the way i see it,the government created this mess because they are thieves,con's and scum..lol,lol.. The truth is the government does not have the interest of the working man.Never did and never will... It's all SMOKE AND MIRRORS.....TAKE A LOOK AT THIS 100% REALITY OF WHAT ARE ''CROOKED GOVERNMENT'' has done to the working people in this country....This is the work of the ''government legal extortion'' other known as the ''government mafia'' with there brother mafia ''wall street'' They have destroyed America and ran off with all the ''peoples money''..And they did it ''legally''.. THE GOVERNMENT AND POLITICIANS IS THE ONLY PROBLEM WE AS WORKING AMERICIANS HAVE.They are ain organization no different from the mafia of years ago.The only difference is the ''government'' found ways to do it ''LEGALLY''.. What we need is a modern day ''BOSTON TEA PARTY''...lol At first I thought this was funny...then I realized the awful truth of it.THIS IS OUR ''GOVERNMENT'' AND WHAT THEY HAVE DONE TO US AMERICIANS FOR 100 YEARS NOW....WHEN DOES IT END? You all think that your votes count each time you go stand in line to make you opinion count? Think again what you vote for is not counted.... the votes that are counted are those of the government... our legislators our governors our representatives our senators our POLITICIANS... Those are the only votes that count!!!! You think that you voted our President in?? past or present?? Think again!! You think you vote for any laws or regulations or taxes??? Think again!!! Be sure to read all the way to the end! Tax his land, Tax his bed, Tax the table At which he's fed. Tax his tractor, Tax his mule, Teach him taxes Are the rule. Tax his work, Tax his pay, He works for peanuts Anyway! Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties, Tax his shirt, Tax his work, Tax his dirt. Tax his tobacco, Tax his drink, Tax him if he Tries to think. Tax his cigars, Tax his beers, If he cries, then his tears. Tax his car, Tax his gas, Find other ways To tax his A.Z.Z.. Tax all he has Then let him know That you won't be done Till he has no dough. When he screams and hollers, Then tax him some more, Tax him till He's good and sore. Then tax his coffin, Tax his grave, Tax the sod in Which he's laid. Put these words upon his tomb, "Taxes drove me to my doom..." When he's gone, Do not relax, Its time to apply The inheritance tax. Accounts Receivable Tax Building Permit Tax CDL license Tax Cigarette Tax Corporate Income Tax Dog License Tax Excise Taxes Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax (42 cents per gallon) Gross Receipts Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges IRS Penalties (tax on top of tax) Liquor Tax Luxury Taxes Marriage License Tax Medicare Tax Personal Property Tax Property Tax Real Estate Tax Service Charge Tax Social Security Tax Road Usage Tax Sales Tax Recreational Vehicle Tax School Tax State Income Tax State Unemployment Tax (SUTA) Telephone Federal Excise Tax Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Taxes Telephone Minimum Usage Surcharge Tax Telephone Recurring and Non-recurring Charges Telephone State and Local Tax Telephone Usage Charge Tax Utility Taxes Vehicle License Registration Tax Vehicle Sales Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax And I am sure that there are many more but this is all I can think of off the top of my head..... SO...... STILL THINK THIS IS FUNNY? Not one of these taxes existed 100 years ago, and our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids. What in the heck happened? Can you spell "politicians!" And I still have to "press 1" for English!?!?!?!? I hope this goes around THE USA at least 100 times!!!!! YOU can help it get there!!!! GO AHEAD - - - BE AN AMERICAN!!!!!!

Should marijuana be legalized? Really, what is wrong with the so called "drug" ?? Not a damn thing....it's not a drug its an herb and totally %100 all natural.. There are many reasons for having cannabis legalized. One of the many reasons would be how we (the taxpayers) would save billions of dollars a year if drug enforcement was lessened due to the should-be legal drug. As of 1993 on just law enforcement alone of drugs the United States spent 13 billion dollars. If we were to legalize cannabis we would save about 3.3 billion dollars thus reducing the cost of drug enforcement down to around 10 or so billion dollars. I’m sure the average American would prefer those funds and resources diverted to something more important, such as CIA or the FBI. Imagine all the other important crimes ATF (Alcohol, Tobacco and Firearms) could be cracking down on rather then this phony “Drug War.” I’m sure your wondering where I got these figures of the cost of our drug enforcement; I received the information off of the federal financial analysis of legalization that came from Theodore R. Vallance, Former Chief of the Planning Branch of the National Institutes of Mental Health. Just think how much manpower is wasted on frivolous drug crimes. While agents of our many alphabet organizations are chasing down heavy marijuana sellers we divert our time and money on the wrong problems. If this country, the mighty U.S. of A wants to destroy Columbian drug lords and make them powerless strike them were it hurts the most, their income. With marijuana being legal the price of cannabis lowers dramatically and the drug cartels lose all their power due to no money. The only reason why the drug lords are powerful is because of the United States branding it illegal and by doing so made the worth of hemp sky rockets on the black market. By passing legislation to legalize cannabis it would also free up our already overcrowded jail system and save us all on taxpaying. In 1998 the Chicago Tribune researched into how much it costs Illinois taxpayers for the jailing of people convicted of drug crimes related to marijuana. It costs 25,621 dollars to house one criminal for a drug crime per year. Meanwhile the average Illinois resident only pays around 1,170 dollars worth of yearly state personal income tax. That means that it would take you and 20 of your fellow residents to pay for one person serving a jail sentence for a drug crime. Now, if that isn’t ridiculous I don’t know what is. NORML (National Organization for the Reform of Marijuana Laws) reports that in the state of California alone that marijuana accounts for 15,000 felony crimes costing the state 100 million dollars. My fellow Americans, if this is the cost of drug enforcement of marijuana on one state out of 50 just envision how much it is costing our country on the whole.

Tax free earnings allowances? A person is no longer working ( voluntarily 'retired' ) but below official retiring age, claiming no benefits etc but living on interest from savings etc. At the moment all savings interest other than ISA's seem to be paid nett i.e with 20% deducted at source for basic taxpayer....if the total annual income is less than the personal tax free allowance should I still be paying tax on interest from savings?

Is This Proof The Economy Is Still Soaring? Worldwide sales of private jets have more than doubled since 2003, to $19.4 billion in 2007. The number of jets sold increased 28 percent between 2006 and 2007 alone, and sales are up sharply in the first quarter of 2008. Corporate jet ownership has increased by about 70 percent since the early 1990s. Demand for private jets is so high that a used jet bought in 2006 can now be sold at a handsome profit. Boeing's largest business jet costs $67 million. Other companies sell airplanes that are nearly as costly: Airbus's priciest plane goes for $55 million, while Gulfstream Aerospace's G550 sells for $46 million. U.S. taxpayers subsidize private jet use and ownership. Corporate CEOs flying on jets for vacation on personal use pay personal income tax based on the value of the gifted flight -- but the value is calculated based on much lower commercial airfares. Most startlingly, the 2008 Economic Stimulus Act enables private jet buyers to take a "bonus depreciation." http://www.zcommunications.org/znet/viewArticle/18027 who's that girl...there are two Economies: for most Americans Inflation, the falling value of housing and Unemployment are greater realities that are being downplayed by official government statistics (ever optimistic lest they give Wall Street reason to panic) and the Economy of the Wealthiest 1% which is represented in this article. I wanted to show the contrast.