[G. K. TEMUJIN]

Mr. Rooftop says :

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 Tax his tears.

Tax his car, Tax his gas, Find other ways to Tax his ass. 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 under 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 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 Property Tax Real Estate Tax Service Charge Tax Social Security Tax Road UsageTax 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 Nonrecurring Charges Tax 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 Hotel/Motel Tax ON AND ON............

FEDERAL TAXES
STATE TAXES
COUNTY TAXES
CITY , TOWN , VILLAGE TAXES


STILL THINK THIS IS FUNNY ?



Not one of these taxes existed 100 years ago, and America was the most prosperous in the world.

America had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids.

What in the hell happened? Can you spell " politicians and those who control them "

And You still have to "Press 1" for English !?!?!?!?

America will soon fall apart unless it mends
it's ways !!!

[Willie Bee]

Originally Posted by G. K. TEMUJIN

Not one of these taxes existed 100 years ago, and America was the most prosperous in the world...America will soon fall apart unless it mends it's ways !!!

Entertaining and even somewhat educational post, G.K. But it is a bit silly to compare much of what's going on today to what was happening 100 years ago. True, we citizens didn't have a tax debt to the feds, states and local municipalities. But then, indoor plumbing was still considered an enormous luxury, you could pay off your medical bill with eggs and produce and there was hardly any regulation of commerce and industry. We had roughly 210 million fewer people crowding this land as well, and the idea that just about every American above age 18 would own their own mechanized transportation was a laughable concept.

No sir, it's not the taxes that are the problem, it's how the revenue earned from taxes is spent (i.e., wasted). I'd be willing to pay even a bit more each year if I knew it was going to be put to good use.

[G. K. TEMUJIN]

http://www.wsws.org/articles/2007/oct2007/usa-o16.shtml

Social inequality in US hits new record

By Bill Van Auken

16 October 2007

The Internal Revenue Service issued a report last week documenting record levels of social inequality in the United States. According to the data released by the IRS, America’s wealthiest 1 percent accounted for 21 percent of all income in 2005, while the bottom 50 percent earned just 12.8 percent of the total national income.

While the share of income taken in by the wealthiest 1 percent rose steeply—up three points from 19 percent in 2004—the share for the half of the population at the bottom of the economic ladder fell during the same period by 0.6 percent.

The IRS data, published in the Wall Street Journal last Friday, are based on “adjusted gross income” reflected in tax returns for 2005. This measure provides a starker and more accurate picture than other indices of the staggering polarization between wealth and poverty in America.

It records individual income after deductions for such expenses as alimony or individual retirement accounts, and includes capital gains, a major source of income for the very rich. It also breaks down the figures relating to the wealthiest social layers, spelling out the obscene levels of income raked in by the top 1 percent and top 0.1 percent, as opposed to other reports that lump this relative handful of multimillionaires and billionaires together with average figures for the top 10 percent.

The share claimed by this wealthiest layer has now surpassed the previous record recorded during the stock market boom of the 1990s. And, while the IRS has kept such data only since 1986, it is believed that the present percentage of the national income going to this layer is higher than at any time since the period that preceded the Wall Street crash of 1929 and the Great Depression.

Even George W. Bush is compelled to acknowledge the prevalence of social inequality in America. In an interview with the Wall Street Journal, the president said, “First of all, our society has had income inequality for a long time.” By way of explanation, Bush, the offspring of a family worth many millions, declared, “Skills gaps yield income gaps.”

The Wall Street Journal was more candid than the president, acknowledging that while the IRS did not spell out the source of rising income for the wealthy, the “boom on Wall Street has likely played a part.”

The newspaper went on to point out the enormous accumulation of wealth on Wall Street itself, citing a recent study from the University of Chicago showing that twice as many Wall Street executives count themselves in the top 0.5 percent income bracket as their counterparts in other sectors of the economy. One of the authors of the study, Joshua Rauh, told the Journal, “It’s hard to escape the notion” that the increasing monopolization of wealth at the top is a “Wall Street, financial industry-based story.”

Summarizing the study, the Journal reported that “the highest-earning hedge-fund manager earned double in 2005 what the top earner made in 2003, and the top 25 hedge-fund managers earned more in 2004 than the chief executives of all the companies in the Standard & Poor’s 500 stock index combined.” The study also found “profits per equity partner at the top 100 law firms doubling between 1994 and 2004, to over $1 million in 2004 dollars.”

The data released by the IRS indicated that the minimum annual income needed to make it into the top 1 percent rose 3 percent between 2000 and 2005 to $364,647.

On the opposite end of the social scale, the median income of tax filers had fallen 2 percent between 2000 and 2005 to just $30,881, with fully half of the population struggling to get by on less than that.

Earlier data released by the US Census Bureau established that every section of the population outside of the top 5 percent saw their real income fall between 2000 and 2005.
According to one recent study, while real income for the bottom 90 percent of the population fell by 11 percent between 1973 and 2005, those in the top .01 percent bracket, comprising some 14,000 households with annual incomes averaging nearly $13 million, saw their take increase by 250 percent over the same period.

What emerges from the data are the effects of a long-standing social policy involving a massive transfer of wealth from working people, the great majority of the population, to a handful of the super-wealthy, who have enriched themselves at the expense of the rest of society.

This is not merely an American, but rather a global policy that has been carried out on the backs of the working class of every country. A study released last week by the Boston Consulting Group found that the world’s 9.6 million millionaires—comprising just 0.7 percent of the earth’s population—now control $33.2 trillion in wealth—roughly a third of all the wealth in the world. According to the study, the world’s wealthiest 0.1 percent—those with $5 million or more in financial assets—now owns 17.5 percent of global wealth.

Meanwhile, half of the world’s population—some 3 billion people—live on less than $2 a day.

The social cost of this vast accumulation of wealth by the financial elite grows daily. A report issued last week by the Center for Economic and Policy Research and the Center for Social Policy at the University of Massachusetts in Boston found that 41 million working families in America—one in five—are unable to cover the costs of basic necessities with the money they earn working for low pay and no benefits.

The study found that many of these workers are ineligible for federal support in the form of child care assistance, the Earned Income Tax Credit, Food Stamps, housing assistance, Medicaid or the State Children’s Health Insurance Program, and Temporary Assistance to Needy Families. Eligibility for such assistance has been steadily tightened by federal and state governments.

The demagogy of the current crop of Democratic presidential candidates about defending the “middle class” notwithstanding, these policies have been enacted by Democratic and Republican administrations alike. The growth of income inequality in America has continued unbroken since 1973, spurred by the high-interest-rate, recessionary policies enacted by Federal Reserve Board Chairman Paul Volcker—Democratic President Jimmy Carter’s appointee—with the deliberate aim of driving up unemployment, slashing wages and unleashing a big business offensive against the working class.

It was under the Clinton administration that the top 1 percent set their previous record share of the national income—20.8 percent in 2000, Clinton’s last year in the White House. This was up from about 14 percent when he first took office.

The increased concentration of wealth was fueled by the Democratic administration’s deregulation of the financial markets, which spurred the financial bubble of the ‘90s that gave rise to much of today’s financial elite. At the other end of the social ladder, the Clinton White House carried out a ruthless war against the working class and poor, carrying through its pledge to “end welfare as we know it” and slashing other areas of social spending.


From the beginning of the Bush administration, the Democrats have helped pass round after round of tax cuts for the rich, running into the trillions of dollars. Even a limited proposal to close a tax loophole that has allowed hedge and equity fund managers earning hundreds of millions of dollars a year to pay a lower tax rate than a bus driver or an office worker was shelved earlier this month by the Democratic Senate leadership, in deference to the party’s well-heeled contributors on Wall Street.

The inequality that pervades every facet of American society inevitably finds its expression within the Democratic Party, which, while posturing as the party of the people, remains a political instrument of the ruling financial elite. Among the Democratic candidates, the three front-runners—Hillary Clinton, Barack Obama and John Edwards—are all millionaires.

Roughly half of the US Senate is made up millionaires, many of them Democrats. The House, meanwhile, is led by Speaker Nancy Pelosi, who in her latest financial disclosure forms reported that she and her investor husband conducted some 30 stock sales and purchases last year, many of them involving sums up to $1 million each. She also reported owning a California vineyard, valued between $5 million and $25 million.

The Democrats will do no more to reverse the growth of social inequality than they will to end the war in Iraq. In the final analysis, the explosion of militarism abroad and the destruction of working class living standards at home are two sides of a common political agenda aimed at funneling the wealth of the US and the world into the coffers of a financial oligarchy.

[Willie Bee]

Slow news day?

[G. K. TEMUJIN]

An individual's marginal income tax bracket depends upon their income and their tax-filing classification. As of 2006, there are six tax brackets for ordinary income (ranging from 10% to 35%) and four classifications: single, married filing jointly (or qualified widow or widower), married filing separately, and head of household.
Marginal Tax Rate Single Married Filing Jointly or Qualified Widow(er) Married Filing Separately Head of Household
10% $0 – $7,550 $0 – $15,100 $0 – $7,550 $0 – $10,750
15% $7,551 – $30,650 $15,101 – $61,300 $7,551 – $30,650 $10,751 – $41,050
25% $30,651 – $74,200 $61,301 – $123,700 $30,651 – $61,850 $41,051 – $106,000
28% $74,201 – $154,800 $123,701 – $188,450 $61,851 – $94,225 $106,001 – $171,650
33% $154,801 – $336,550 $188,451 – $336,550 $94,226 – $168,275 $171,651 – $336,550
35% $336,551+ $336,551+ $168,276+ $336,551+

Pay Up Suckers

--------------------------------------------------------------------------------

Are we having fun yet ???

well on top of all the taxes above, more below.


List of taxes and fees

Taxes and fees imposed by federal, state or local laws. The Internal Revenue Code (title 26 of the United States Code) lists taxes and "fees" such as:
Accounts receivable tax
Alternative Minimum Tax (AMT)
Building permit tax
Capital gains tax
CDL license tax
Cigarette tax
Corporate income tax
Court fines (indirect taxes)
Dog license tax
Estate Tax
Excise tax
Federal income tax
Federal unemployment tax (FUTA)
FICA tax
Fishing license tax



Food license tax
Fuel permit tax
Gasoline tax (42 cents per gallon)
Generation Skipping Tax
Gift tax
Hunting license tax
Inheritance tax interest expense (tax on the money)
Inventory tax IRS interest charges (tax on top of tax)
IRS penalties (tax on top of tax)
Liquor tax
Local income tax
Luxury taxes
Marriage license tax
Medicare tax
Property tax



Real estate tax
Recreational vehicle tax
Road usage taxes (Truckers)
Sales tax and equivalent use tax
School tax
Septic permit tax
Service charge taxes
Social Security tax
State income tax
State unemployment tax (SUTA)
Telephone federal excise tax
Telephone federal, state and local surcharge taxes
Telephone federal universal service fee tax
Telephone minimum usage surcharge tax
Telephone recurring and non-recurring charges tax



Telephone state and local tax
Telephone usage charge tax
Toll taxes
Tourist development tax
Traffic fines (indirect taxation)
Trailer registration tax
Transfer tax and Generation-skipping transfer tax
Utility taxes
Vehicle license registration tax
Vehicle sales tax
Watercraft registration tax
Well permit tax
Wheel tax
Workers compensation tax

YEP SLOW NEWS DAY FILE CLERK

[Willie Bee]

You forgot the thumb tacks...get it? Thumb tax!? Oh, sometimes I slay myself.

So what is your point here, G.K.? I mean other than you are apparently against all forms of taxation? How would you propose financing the interstate highway system or local roads? What is your plan for building public schools, or will you just leave education to the free market, private school system? How will you fund and maintain the military? Just what are your ideas on these subjects and many more?

[The Prick]

easiest way to avoid taxes in the U.S. is to not make any money. they ain't taxed all the free dough i got from being a Katrina victim, and i bought some great fun with my debit cards. i am gettin' kinda tired of livin' in this trailer though

[G. K. TEMUJIN]

Originally Posted by Willie Bee

Entertaining and even somewhat educational post, G.K. But it is a bit silly to compare much of what's going on today to what was happening 100 years ago. True, we citizens didn't have a tax debt to the feds, states and local municipalities. But then, indoor plumbing was still considered an enormous luxury, you could pay off your medical bill with eggs and produce and there was hardly any regulation of commerce and industry. We had roughly 210 million fewer people crowding this land as well, and the idea that just about every American above age 18 would own their own mechanized transportation was a laughable concept.

No sir, it's not the taxes that are the problem, it's how the revenue earned from taxes is spent (i.e., wasted). I'd be willing to pay even a bit more each year if I knew it was going to be put to good use.

Wrong Sir Taxes , taxes , taxes are the problem and will always be the problem.

You are one of the few who would be willing to pay more taxes.

Do you work for the bloated government bureaucracy or corporate welfare ???

Taxes very rarely go to any good use.

We are discussing taxes, not the Technological advances in US over the past hundred years.

I do not get your point ???

These are irrelevant Indoor plumbing has nothing to do with taxes. How you pay your physician has nothing to do with taxes. Every American owning their own automobile has nothing to do with taxes. Of course a hundred years ago commerce & industry were correctly regulated in many areas.

Over 70 years ago a chap flew solo over the Atlantic , that had nothing to do with taxes


About 55 years Penicillin & the polio vaccine new treatments what do they have to do with taxes ????

50 years ago there was no DVD , Cd or even video tape and Bonanza was just about to explode the color television market. But those toys have not a thing to do about taxes. Also 50 years ago there was still a few places across the US that still did not have indoor plumbing or even electricity , but that has nothing to with taxes.

Around 45 years ago many American households had one wage earner. The wife stayed at home to raise the children . On one income they could afford a nice home , car and food on the table.

TAXES , TAXES , TAXES HAVE DESTROYED THAT AMERICA !!!!

[Willie Bee]

Originally Posted by G. K. TEMUJIN

Do you work for the bloated government bureaucracy or corporate welfare ???

You're kidding, right?

Taxes very rarely go to any good use.

Aha! Now we're getting somewhere. The fact the money is misused after taxes are paid aren't the fault of the taxes. But we do agree on the fact tax revenues are being stolen and misused.

Now, let's assume for a minute that I say, "G.K., you brilliant son of a gun, I'm with you. Let's do away with all taxes tonight at midnight."

How do you propose funding basic municipal services to start with?

[G. K. TEMUJIN]

Originally Posted by Willie Bee

You forgot the thumb tacks...get it? Thumb tax!? Oh, sometimes I slay myself.

So what is your point here, G.K.? I mean other than you are apparently against all forms of taxation? How would you propose financing the interstate highway system or local roads? What is your plan for building public schools, or will you just leave education to the free market, private school system? How will you fund and maintain the military? Just what are your ideas on these subjects and many more?

Well Willie ,

Correct I do not believe in to many taxes.

Cut spending , fire many of your useless Federal , State , County , City , Town & Village bureaucratic hacks.

Stop funding those needless & stupid government programs .

The interstate that was paid for by time Carter left office at the worst. Interstate toll roads I have no problem with that. You use it , you pay the charge. To bad America destroyed the railroad system now there was system that could move freight & product fast & efficiently.

The American public education system is overall in many states & localities a complete farce. Let the private sector have a crack at it.

The military close up all of those bases overseas . Leave Iraq & Afghanistan . Real simple save lots of money.

Just a start.

So much for my exercise in rhetoric .

[G. K. TEMUJIN]

Originally Posted by Willie Bee

You're kidding, right?

Aha! Now we're getting somewhere. The fact the money is misused after taxes are paid aren't the fault of the taxes. But we do agree on the fact tax revenues are being stolen and misused.

Now, let's assume for a minute that I say, "G.K., you brilliant son of a gun, I'm with you. Let's do away with all taxes tonight at midnight."

How do you propose funding basic municipal services to start with?

It is the fault of taxes.

Taxes , in many forms still the earnings out of people pockets. Money they could use to purchase what the individual wants and needs.

Which basic services ???

Many are make work programs for the connected few.

Let's do away with most taxes.

[Willie Bee]

Ok, tough to argue with your plan there.

[icemantbi]

I agree with G.K here in alot of ways. The enormous tax burden nowadays has destroyed alot of what America is about. Rugged individualism. The income tax was supposed to only last long enough to support World War 1, but after the powers that be realized the cash cow that it was and kept it in place. It has only gotten worse, much worse.

There needs to be some basic forms of taxation, for municipal services, police, military, even basic schools perhaps, but the amount of taxation that exists today is completely rediculous. So many useless gov't programs exist that should be done away with. Welfare is the worst. I can't stand the thought of part of my paycheck going to someone who does nothing all day and simply collect a check every month. Why should they get this when they don't do anything to earn it? I see alot of people on welfare, and trust me, they do jack shit and just sit around all day boozing it up and watching TV. Not to mention the social damage it does because now Suzy or Tommy can get a welfare check and leave home if they want to. Or the best excuse when some whore gets pregnant to some deadbeat and has a kid and now wants to stay home all day to raise the kid, she gets free money. If that check wasn't there, maybe she would have acted differently. And now you see the democrats wanting even more costly social programs, like Health Care that will put even more strain on the average joe blow.