Monday, April 16, 2012

The Bloated IRS

The following are 24 outrageous facts about taxes in the United States that will blow your mind….

1 – The U.S. tax code is now 3.8 million words long. If you took all of William Shakespeare’s works and collected them together, the entire collection would only be about 900,000 words long.

2 – According to the National Taxpayers Union, U.S. taxpayers spend more than 7.6 billion hours complying with federal tax requirements. Imagine what our society would look like if all that time was spent on more economically profitable activities.

3 – 75 years ago, the instructions for Form 1040 were two pages long. Today, they are 189 pages long.

4 – There have been 4,428 changes to the tax code over the last decade. It is incredibly costly to change tax software, tax manuals and tax instruction booklets for all of those changes.

5 – According to the National Taxpayers Union, the IRS currently has 1,999different publications, forms, and instruction sheets that you can download from the IRS website.

6 – Our tax system has become so complicated that it is almost impossible to file your taxes correctly. For example, back in 1998 Money Magazine had 46 different tax professionals complete a tax return for a hypothetical household. All 46 of them came up with a different result.

7 – In 2009, PC World had five of the most popular tax preparation software websites prepare a tax return for a hypothetical household. All five of them came up with a different result.

8 – The IRS spends $2.45 for every $100 that it collects in taxes.

9 – According to The Tax Foundation, the average American has to work until April 17th just to pay federal, state, and local taxes. Back in 1900, “Tax Freedom Day” came on January 22nd.

10 – When the U.S. government first implemented a personal income tax back in 1913, the vast majority of the population paid a rate of just 1 percent, and the highest marginal tax rate was just 7 percent.

11 – Residents of New Jersey pay $1.64 in taxes for every $1.00 of federal spending that they get back.

12 – The United States is the only nation on the planet that tries to tax citizens on what they earn in foreign countries.

13 – According to Forbes, the 400 highest earning Americans pay an average federal income tax rate of just 18 percent.

14 – Warren Buffett had an effective tax rate of just 17.4 percent for 2010.

15 – The top 20 percent of all income earners in the United States payapproximately 86 percent of all federal income taxes.

16 – Sadly, as Bill Whittle has shown, you could take every single pennythat every American earns above $250,000 and it would only fund about 38 percent of the federal budget.

17 – The United States has the highest corporate tax rate in the world (35 percent). In Ireland, the corporate tax rate is only 12.5 percent. This is causing thousands of corporations to move operations out of the United States and into other countries.

18 – Some tax havens are doing a booming business in setting up sham headquarters for U.S. corporations. For example, the city of Zug, Switzerland only has a population of 26,000 people but it is the headquarters for 30,000 companies.

19 – In 1950, corporate taxes accounted for about 30 percent of all federal revenue. In 2012, corporate taxes will account for less than 7 percent of all federal revenue.

20 – In a previous article, I discussed how many of our largest corporations make huge profits and yet pay less than nothing in taxes….


What U.S. corporations are able to get away with is absolutely amazing.

The following figures come directly out of a report by Citizens for Tax Justice. These are combined figures for the tax years 2008, 2009 and 2010.

During those three years, all of the corporations below made a lot of money. Yet all of them paid net taxes that were below zero for those three years combined.

How is that possible? Well, it turns out that instead of paying in taxes to the federal government, they were actually getting money back.

So for these corporations, their rate of taxation was actually below zero.

If you have not seen these before, you are going to have a hard time believing some of these statistics…..

*Honeywell*

Profits: $4.9 billion

Taxes: -$34 million

*Fed Ex*

Profits: $3 billion

Taxes: -$23 million

*Wells Fargo*

Profits: $49.37 billion

Taxes: -$681 million

*Boeing*

Profits: $9.7 billion

Taxes: -$178 million

*Verizon*

Profits: $32.5 billion

Taxes: -$951 million

*Dupont*

Profits: $2.1 billion

Taxes -$72 million

*American Electric Power*

Profits: $5.89 billion

Taxes -$545 million

*General Electric*

Profits: $7.7 billion

Taxes: -$4.7 billion

Are you starting to get the picture?

21 – Exxon-Mobil paid $15 billion in taxes in 2009, but not a single penny went to the U.S. government.

22 – Many wealthy Americans hide enormous amounts of money outside the country in order to avoid paying taxes. According to the IMF, a total of 18 trillion dollars is currently being hidden in offshore banks.

23 – The number of traffic accidents spikes each year right around April 15th. The following is from a recent Bloomberg article….


Deaths from traffic accidents around April 15, traditionally the last day to file individual income taxes in the U.S., rose 6 percent on average on each of the last 30 years of tax filing days compared with a day during the week prior and a week later, according to research published in the Journal of the American Medical Association.

24 – Most of the tax debate is focused on income taxes, but the truth is that Americans pay dozens of other taxes every single year. The following are just a few of the taxes that many Americans pay….

#1 Building Permit Taxes

#2 Capital Gains Taxes

#3 Cigarette Taxes

#4 Court Fines (indirect taxes)

#5 Dog License Taxes

#6 Federal Unemployment Taxes

#7 Fishing License Taxes

#8 Food License Taxes

#9 Gasoline Taxes

#10 Gift Taxes

#11 Hunting License Taxes

#12 Inheritance Taxes

#13 Inventory Taxes

#14 IRS Interest Charges (tax on top of tax)

#15 IRS Penalties (tax on top of tax)

#16 Liquor Taxes

#17 Luxury Taxes

#18 Marriage License Taxes

#19 Medicare Taxes

#20 Property Taxes

#21 Recreational Vehicle Taxes

#22 Toll Booth Taxes

#23 Sales Taxes

#24 Self-Employment Taxes

#25 School Taxes

#26 Septic Permit Taxes

#27 Service Charge Taxes

#28 Social Security Taxes

#29 State Unemployment Taxes (SUTA)

#30 Telephone Federal Excise Taxes

#31 Telephone Federal Universal Service Fee Taxes

#32 Telephone Minimum Usage Surcharge Taxes

#33 Telephone State And Local Taxes

#34 Tire Taxes

#35 Toll Bridge Taxes

#36 Toll Tunnel Taxes

#37 Traffic Fines (indirect taxation)

#38 Utility Taxes

#39 Vehicle License Registration Taxes

#40 Vehicle Sales Taxes

#41 Workers Compensation Taxes

When you account for all forms of taxation on the federal, state and local levels there are many Americans that pay out more than half of their incomes in taxes.

We are being taxed into oblivion, and yet most Americans do not even realize that it is happening.

It is kind of like being killed by thousands of tiny cuts.

So what do all of these taxes buy us?

They buy us a massively bloated government that wastes money on some of the craziest things imaginable.

Sunday, March 11, 2012

Obama - The Great Pretender

The following is a narrative taken from a 2008 Sunday morning televised "Meet The Press'.
From Sunday's 07 Sept. 2008 11:48:04 EST, Televised "Meet the Press" THE THEN Senator Obama was asked about his stance on the American Flag.

General Bill Ginn USAF (ret.) asked Obama to explain WHY he doesn't follow protocol when the National Anthem is played.
The General stated to Obama that according to the United States Code, Title 36, Chapter 10, Sec. 171...
During rendition of the national anthem, when the flag is displayed, all present (except those in uniform) are expected to stand at attention facing the flag with the right hand over the heart. Or, at the very least, "Stand and Face It".

NOW GET THIS !!
'Senator' Obama replied:
"As I've said about the flag pin, I don't want to be perceived as taking sides". "There are a lot of people in the world to whom the American flag is a symbol of oppression.." "The anthem itself conveys a war-like message. You know, the bombs bursting in air and all that sort of thing."

(ARE YOU READY FOR THIS???)

Obama continued: "The National Anthem should be 'swapped' for something less parochial and less bellicose. I like the song 'I'd Like To Teach the World To Sing'. If that were our anthem, then, I might salute it. In my opinion, we should consider reinventing our National Anthem as well as 'redesign' our Flag to better offer our enemies hope and love. It's my intention, if elected, to disarm America to the level of acceptance to our Middle East Brethren. If we, as a Nation of waring people, conduct ourselves like the nations of Islam, where peace prevails - - - perhaps a state or period of mutual accord could exist between our governments ......"

When I become President, I will seek a pact of agreement to end hostilities between those who have been at war or in a state of enmity, and a freedom from disquieting oppressive thoughts. We as a Nation, have placed upon the nations of Islam, an unfair injustice which is WHY my wife disrespects the Flag and she and I have attended several flag burning ceremonies in the past".

"Of course now, I have found myself about to become the President of the United States and I have put my hatred aside . I will use my power to bring CHANGE to this Nation, and offer the people a new path.. My wife and I look forward to becoming our Country's First black Family. Indeed, CHANGE is about to overwhelm the United States of America "

Friday, February 10, 2012

Obama Firsts

Obama accomplishments:

Borrowed from a FB friend: An impressive list of accomplishments!
First President to apply for college aid as a foreign student, then deny he was a foreigner.
First President to have a social security number from a state he has never lived in.
First President to preside over a cut to the credit-rating of the United States .
First President to violate the War Powers Act. First President to be held in contempt of court for illegally obstructing oil drilling in the Gulf of Mexico .
First President to defy a Federal Judge’s court order to cease implementing the Health Care Reform Law.
First President to require all Americans to purchase a product from a third party, a violation of the U.S. Constitution.
First President to spend a trillion dollars on ‘shovel-ready’ jobs when there was no such thing as ‘shovel-ready’ jobs.
First President to recommend changing our National Anthem as it portrays and promotes violence and is warlike in its theme.
First President to cancel the National Day of Prayer Breakfast and activities.
First President to initiate a Cash for Clunkers Program to clean up exhaust that adds to global warming,
Then extended it because it was so popular -- wasting hundreds of millions of Tax-Payer dollars.
First President to abrogate bankruptcy law to turn over control of companies to his union supporters.
First President to by-pass Congress and implement the Dream Act through executive fiat.
First President to order a secret amnesty program that stopped the deportation of illegal immigrants across the U.S. ,
Including those with criminal convictions.
First President to demand a company hand-over $20 billion to one of his political appointees.
First President to terminate America ’s ability to put a man in space.
First President to have a law signed by an auto-pen without being present.
First President to arbitrarily declare an existing law unconstitutional and refuse to enforce it.
First President to threaten insurance companies if they publicly spoke-out on the reasons for their rate increases.
First President to tell a major manufacturing company in which State they are allowed to locate a factory.
First President to file lawsuits against the states he swore an oath to protect (AZ, WI, OH, IN).
First President to withdraw an existing coal permit that had been properly issued years ago.
First President to fire an inspector general of Ameri-corps for catching one of his friends in a corruption case.
First President to appoint 45 czars to replace elected officials in his office.
First President to golf 73 separate times in his first two and a half years in office, 90 to date.
First President to pledge complete transparency while campaigning, then hide his medical, educational and travel records.
First President to win a Nobel Peace Prize for doing NOTHING to earn it.
First President to go on multiple global ‘apology tours’.
First President to go on 17 lavish vacations, including date nights and Wednesday evening White House parties for his friends; paid for by the taxpayer.
First President to have 22 personal servants (taxpayer funded) for his wife.
First President to keep a dog trainer on retainer for $102,000 a year at taxpayer expense.
First President to repeat the Holy Qur'and tells us the early morning call of the Azan (Islamic call to worship) is the most beautiful sound on earth.
Feel free to share this list of accomplishments!

Tuesday, January 3, 2012

Obama, Closer to the Fire

Breaking CBS News! This morning the Georgia Court of Administrative Hearings denied Obama’s motion to dismiss our ballot challenge. More importantly, the court’s opinion ruled in favor of CCA on all procedural and state law issues, leaving only one thing left to decide: Whether Obama is a natural-born-citizen under the Constitution.

Remember that no court has ever addressed this issue! As you know our argument is very simple. We argue that the Supreme Court has defined “natural-born-citizen” as a person with two U.S. citizen parents, and Obama admits that his father was never a U.S. citizen.

Others have raised many legal theories and asserted numerous facts regarding Obama’s past, his identity, his parentage, and his qualifications to hold office. None of those others have EVER succeeded in having a single court address the substantive issues they raised. Every one of those cases have been dismissed on procedural grounds without considering the substantive arguments at issue. Liberty Legal Foundation will now be the first to appear before a court that has affirmatively stated that it will decide the Constitutional question.

The hearing is set for 9AM on January 26th in Atlanta, Georgia

Monday, December 12, 2011

Five Ways to Boost Employee Engagement

•Know them. Employers need to research their own workforces and understand what’s important to each individual employee. The book looks at using market research and surveys to understand workers better and offers 10 rules for engagement survey success.

•Grow them. The book aims to help organizations create cultures of ongoing learning so employees are challenged and grow professionally. Tips include creating a place where it’s safe to make mistakes and ensuring that growth opportunities fit with business goals.

•Inspire them. Leaders’ words, actions and priorities, clearly communicated, can inspire employees to perform better. Employers get advice on programs that care for employees’ needs outside of work, communication that keeps core messages in front of workers, and how to manage visibly and empathetically.

•Involve them. Managers and top brass get advice on four ways to involve employees: Keep them informed; gather their input; give them opportunities to collaborate; and allow them the freedom to “act in ways that improve operations, reduce costs and assist customers.”

•Reward them. Pay and benefits are rewards, and employees need to believe their pay and benefits are competitive and fair. Recognition and appreciation are rewards, too, and the book covers how to come up with rewards that truly motivate employees.

Reep the business rewards!

Tuesday, November 29, 2011

Ode to the Democrat Welfare State

Father must I go to work?
No, my lucky son.
We're living now on Easy Street
On dough from Washington.

We've left it up to Uncle Sam,
So don't get exercised.
Nobody has to give a damn---
We've all been subsidized.

But if Sam treats us all so well
And feeds us milk and honey,
Please, daddy, tell me what the Hell
He's going to do for money.

Don't worry, bub, there's not a hitch
In this their noble plan---
He simply soaks the filthy rich
And helps the Democrat man.

But father won't there come a time
When Sam runs out of cash.
And we have left them not one dime
So what then will they trash?

My faith in you is shrinking, son
You nosy little brat:
You do too damn much thinking, son
To be a Democrat!

So take your Uncle Sam's stolen cash
And never work a lick.
For tomorrow America will be trash,
And you will be a hick.

Sunday, October 23, 2011

Obama is in DEEP Trouble

Obama May Be In Deep Trouble...with Chief Justice John Roberts, U.S. Supreme Court.

According to sources who watch the inner workings of the federal government, a smack-down of Barack Obama by the U.S. Supreme Court may be inevitable.

Ever since Obama assumed the office of President, critics have hammered him on a number of Constitutional issues. Critics have complained that much, if not all of Obama's major initiatives run headlong into Constitutional roadblocks on the power of the federal government. Obama certainly did not help himself in the eyes of the Court when he used the venue of the State of the Union address early in the year to publicly flog the Court over its ruling that the First Amendment grants the right to various organizations to run political ads during the time of an election. The tongue-lashing clearly did not sit well with the Court, as demonstrated by Justice Sam Alito, who publicly shook his head and stated under his breath, 'That's not true,' when Obama told a flat-out lie concerning the Court's ruling. As it has turned out, this was a watershed moment in the relationship between the executive and the judicial branches of the federal government. Obama publicly declared war on the court, even as he blatantly continued to propose legislation that flies in the face of every known Constitutional principle upon which this nation has stood for over 200 years.

Obama has even identified Chief Justice John Roberts as his number one enemy, that is, apart from Fox News and Rush Limbaugh, Beck, Hannity, and so on. And it is no accident that the one swing-vote on the court, Justice Anthony Kennedy, stated recently that he has no intention of retiring until 'Obama is gone.'

Apparently, the Court has had enough. The Roberts Court has signaled, in a very subtle manner, of course, that it intends to address the issues about which Obama critics have been screaming to high heaven. A ruling against Obama on any one of these important issues could potentially cripple the Administration. Such a thing would be long overdue.

First, there is ObamaCare, which violates the Constitutional principle barring the federal government from forcing citizens to purchase something. And no, this is not the same thing as states requiring drivers to purchase car insurance, as some of the intellectually-impaired claim. The Constitution limits FEDERAL government, not state governments, from such things, and further, not everyone has to drive, and thus, a citizen could opt not to purchase car insurance by simply deciding not to drive a vehicle. In the ObamaCare world, however, no citizen can 'opt out.'

Second, sources state that the Roberts court has quietly accepted information concerning discrepancies in Obama's history that raises serious questions about his eligibility for the office of President. The charge goes far beyond the birth certificate issue. This information involves possible fraudulent use of a Social Security number in Connecticut, while Obama was a high school student in Hawaii.

And that is only the tip of the iceberg.

Third, several cases involving possible criminal activity, conflicts of interest, and pay-for-play cronyism could potentially land many Administration officials, if not Obama himself, in hot water with the Court. Frankly, in the years this writer has observed politics, nothing comes close to comparing with the rampant corruption of this Administration, not even during the Nixon years. Nixon and the Watergate conspirators look like choirboys compared to the jokers that populate this Administration.

In addition, the Court will eventually be forced to rule on the dreadful decision of the Obama DOJ suing the state of Arizona. That, too, could send the Obama doctrine of open borders to an early grave, given that the Administration refuses to enforce federal law on illegal aliens.

And finally, the biggie that could potentially send the entire house of cards tumbling in a free-fall is the latest revelation concerning the Obama-Holder Department of Justice and its refusal to pursue the New Black Panther Party. The group was caught on tape committing felonies by attempting to intimidate Caucasian voters into staying away from the polls. A whistle-blower who resigned from the DOJ is now charging Holder with the deliberate refusal to pursue cases against Blacks, particularly those who are involved in radical hate-groups, such as the New Black Panthers, who have been caught on tape calling for the murder of white people and their babies. This one is a biggie that could send the entire Administration crumbling--that is, if the Justices have the guts to draw a line in the sand at the Constitution and the Bill of Rights.

PLEASE PASS THIS ON TO EVERYONE ON YOUR E-MAIL ADDRESS LIST!!!

In passing this on it is no wonder Americans of every race and political persuasion are disgusted with our Federal Government, it is not hard to understand the mistrust and the disgust. Obama and his administration should be impeached and the quicker the better. Obama only knows the blame game, now it is the Tea Party that caused him to spend our country into debt so deep it may never recover. He is a President that had a super majority in both houses until last November. And because of that he jammed pork barrel projects and spending of every kind of an entitlement bill one can't imagine along with Obama Care down our throats with spending that is unattainable. He is borrowing 42 cents on every dollar we owe and spend, wake up America we have become a third world communist country.

HOW DO YOU LIKE HIS CHANGE NOW??