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Old 05-11-2009, 11:44 AM   #11
Buzglyd
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Weren't you guys just saying last week how great it was that Zero was going to "close loopholes" so that the govt could get more money? Since you think it's "fair" that Americans with foreign interest be taxed heavily I think it's only "fair" that you also be taxed more heavily too. And traffic violations are a good way to do it. I applaud the Florida legislature and their courage in raising fines so that the coffers of govt remain full, like you guys seem to approve of.

It's different when it's not someone else being soaked, isn't it?
Considering if we taxed "the rich who don't pay their fare share" at 100% will wouldn't get anywhere close to paying for all this crap, we'll have to drag it out of the working class somehow.
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Old 05-11-2009, 11:52 AM   #12
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Closing loopholes will make companies think twice about offshoring jobs. Giving people BS tickets and making everything a crime will eventually cause people to do crazy things. In Arizona a guy got shot and killed operating a speed camera van. You will see more and more of that in the future.
There are no "loopholes". There is only the tax code as written.

Closing "loopholes" will only make companies relocate entirely. Then you get to make up the $ shortfall. Like always.

Want to keep companies here? Cut taxes and reduce the regulatory burden. Otherwise nothing will keep a company here that doesn't have to stay.
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Old 05-11-2009, 11:58 AM   #13
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Considering if we taxed "the rich who don't pay their fare share" at 100% will wouldn't get anywhere close to paying for all this crap, we'll have to drag it out of the working class somehow.
As I recall, if you taxed 100% of all income over $250K you only get enough $ to run the Federal govt for 30 days. And that was before Zero's insane deficits.

I've never seen such untrammeled greed in my entire life as I see right now in the White House and Congress and the various States, Counties and cities. Even the infamous robber Barons of the 19th Century were philanthropists compared to this gang of grasping cheats. The govt likes to get the different economic classes at loggerheads so the govt can continue to run it's looting machinery. Private citizens arguing with each other over who pays more taxes than whom sound a lot like two prison trustees arguing over who gets to keep the most smokes.
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Old 05-11-2009, 12:14 PM   #14
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Closing loopholes will make companies think twice about offshoring jobs. Giving people BS tickets and making everything a crime will eventually cause people to do crazy things. In Arizona a guy got shot and killed operating a speed camera van. You will see more and more of that in the future.
A "speed camera van?" What the heck is that? If it's what it sounds like, they should go ahead and have the Mobile Justice Unit with a judge and bailiff parked behind it. And one of those lunch trucks that plays "la cuccaraccha" on the horn for snacks and beverages.
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Old 05-11-2009, 12:18 PM   #15
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A "speed camera van?" What the heck is that? If it's what it sounds like, they should go ahead and have the Mobile Justice Unit with a judge and bailiff parked behind it. And one of those lunch trucks that plays "la cuccaraccha" on the horn for snacks and beverages.
That would simply be an upgrade from the old system. Like I got caught in in Tooele, Utah. The cop makes you follow him to the courthouse. The judge walks out with a sandwich in his hand and charges you $40. Then yer on yer way.

That was 30 years ago. It's probably $200 bucks now. But probably also the same judge and the same kind of sandwich.
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Old 05-11-2009, 12:20 PM   #16
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Originally Posted by seruzawa View Post
Weren't you guys just saying last week how great it was that Zero was going to "close loopholes" so that the govt could get more money? Since you think it's "fair" that Americans with foreign interest be taxed heavily I think it's only "fair" that you also be taxed more heavily too. And traffic violations are a good way to do it. I applaud the Florida legislature and their courage in raising fines so that the coffers of govt remain full, like you guys seem to approve of.

It's different when it's not someone else being soaked, isn't it?
It's only different if have the perspective that closing loopholes in the tax law is "soaking" people. I don't think that's the case at all. Here's the facts:

In 2004, US companies paid $16 billion of taxes on $700 billion of foreign earnings--a 2% tax rate.

Wow, you could double it and it would be...miniscule.
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Old 05-11-2009, 12:43 PM   #17
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It's only different if have the perspective that closing loopholes in the tax law is "soaking" people. I don't think that's the case at all. Here's the facts:

In 2004, US companies paid $16 billion of taxes on $700 billion of foreign earnings--a 2% tax rate.

Wow, you could double it and it would be...miniscule.
Repeat: There are no loopholes. There is only the tax code. "Loopholes" is just a politicians trick to play the ol' class warfare game. And you guys keep falling for it hook, line and sinker. I refuse to join in class warfare.

And with 1.7 Trillion dollars in deficits for this year alone, WTF difference is a few billion? We're headed for national bankruptcy at an alarming rate and you guys keep falling for the eyewash.

Maybe if you're nice the guard will let you keep a couple more smokes.
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Old 05-11-2009, 03:06 PM   #18
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"Cut taxes and reduce the regulatory burden."

Seru, please elaborate on this one (specifically the regulation part). I keep hearing "Free Market" all over but my interpretation is chaos, free to cook the books, free to screw the worker, free to instill child labor etc. I'd love to know how the lack of regulation keeps businesses honest and functioning properly. Greed has to be checked somewhere as we've all seen over the past decade.

*apologizes if I am confusing regulations with laws, or is there a difference?*
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Old 05-11-2009, 03:36 PM   #19
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"Cut taxes and reduce the regulatory burden."

Seru, please elaborate on this one (specifically the regulation part). I keep hearing "Free Market" all over but my interpretation is chaos, free to cook the books, free to screw the worker, free to instill child labor etc. I'd love to know how the lack of regulation keeps businesses honest and functioning properly. Greed has to be checked somewhere as we've all seen over the past decade.

*apologizes if I am confusing regulations with laws, or is there a difference?*
Well, I see a continuous stream of econimic problems each of which has the govt deeply involved. To call the USA a free market is ludicrous. The current mortgage disaster is the direct result of govt forcing banks to make bad loans.

I don't have to defend myself. It's time for people who believe in the fiction of the govt protecting people from "evil" business to defend their ridiculous and basically religious belief in govt salvation. It's moonshine and hogwash.
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Old 05-11-2009, 04:08 PM   #20
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A "speed camera van?" What the heck is that? If it's what it sounds like, they should go ahead and have the Mobile Justice Unit with a judge and bailiff parked behind it. And one of those lunch trucks that plays "la cuccaraccha" on the horn for snacks and beverages.

They were all over the place in Germany. The cameras at red lights and fixed points were well known and didn't bring in as much revenue. The polizei would set up cameras everywhere especially in the parking areas off the autobahn usually on the back side of a rise to catch you coming over the top. Nailed more than once. After a week or two you would receive an envelope with your ticket and a picture of your smiling mug to confirm they got you.
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