Sneaky new internet tax pushing through fast

To trot out those old canards and red herrings that the government is "bloated" and therefore doesn't deserve (my) tax money is disingenuous at best. Rather than obfuscate, tell the truth...admit to miserliness. Those decry "bloat" speak loudly, until government services are needed.

Effective corporate tax rate in 1962 was about 40% but today is about 15% thanks to loopholes etc.

http://en.wikipedia.org/wiki/Income_tax_in_the_United_States

The tax code we use is how oligarchs in our country evade payment. That money in offshore accounts is pretax, not already earned and taxed. There's hundreds of law firms that cater to the the 1/10 of 1% and provide them with all the expertise they need to hide their money. It is the most civilized version of all nations. Others, like Indonesia and the Philippines, use deadly force on a wide scale basis, like the Mafia Commissions used to (before they went 'legit') and the America Appalachians. Heck, Rome used to crucify 20,000 at a pop to make a point.

All it takes is a Tax Letter submitted to the IRS and then all bets are off. The IRS simply weighs the costs of litigation against what they can collect and if it's a wash, that letter is added to the tax code, to be used by others at those law firms mentioned, to bend to their clients needs. That's why the tax code used to be around 400 pages and is now over many thousands, broken into volumes.

I guess we can be happy that they're not using coercive violence against us but instead, simply buying as many politicians as necessary to achieve their financial goals. Take a look at Max Baccus who is soon to retire. 28 former members of his staff are now lobbying for Wall Street.

Wake up people.

All the best,
Nonoise

Hifibri, +2

I am just wondering how many of you guys who Tea Baggers who constantly decry a smaller government and less entitlements are collecting Social Security and Medicare?

For Timrhu: the reason why the Feds can administer an Internet Sales Tax is because only Congress (and as delegated to the Executive branch) can regulate interstate commerce. In fact, that was one of the original (and few) functions of Federal power as outlined in the Constitution.