Tax Policy Collapse: Front Page Headline from April 8, 2013

Neither hikes in sales tax, nor the failure to eliminate zero-rated rates, nor aggressive digital auditing, nor the relentless hunt for tax evaders, nor freezing debtor assets, nor any of these debt restructuring schemes for citizens and businesses, nor even cracking down on corporate profit stripping has done a single thing to actually boost federal tax revenue.
In fact, revenues have plummeted quite drastically because the American public and the entire economy have been bled dry by these frantic, predatory tax hikes.
The inevitable fallout from this mess will be diminished social services, gutted pensions, mass layoffs, and a mounting pile of new national debt.

Basically... it’s a total CATASTROPHE.

To put it in the words of a politician whose party is merely the third-largest non-nepotistic entity left in Washington after the Democrats and Republicans—referring to a certain moderate lawmaker—he suggested that the people running this country ought to pick up a modern economics textbook once in a while.

And that is precisely where the truth lies; we are being led by people who are hopelessly stuck in the past, simply because the global economic landscape has shifted entirely since the last time they bothered to open a book.

And those fables—especially the one about the goose that lays the golden eggs... ☕

The sooner everything goes south... the better for us all. This kind of constant meddling in the lives of citizens simply doesn't make sense anymore.

Nancy Alvarez82 said:Neither hikes in sales tax, nor the failure to eliminate zero-rated rates, nor aggressive digital auditing, nor the relentless hunt for tax evaders, nor freezing debtor assets, nor any of these debt restructuring schemes for citizens and businesses, nor even cracking down on corporate profit stripping has done a single thing to actually boost federal tax revenue.
In fact, revenues have plummeted quite drastically because the American public and the entire economy have been bled dry by these frantic, predatory tax hikes.
The inevitable fallout from this mess will be diminished social services, gutted pensions, mass layoffs, and a mounting pile of new national debt.

Basically... it’s a total CATASTROPHE.

To put it in the words of a politician whose party is merely the third-largest non-nepotistic entity left in Washington after the Democrats and Republicans—referring to a certain moderate lawmaker—he suggested that the people running this country ought to pick up a modern economics textbook once in a while.

And that is precisely where the truth lies; we are being led by people who are hopelessly stuck in the past, simply because the global economic landscape has shifted entirely since the last time they bothered to open a book.

I can't get behind this. My take is actually the exact opposite.
They are light years ahead of the average American. That's why they pull the strings, and we spend months or years just reacting—only realizing too late that what they did wasn't actually for our benefit.

I don't know how old you are, but this is how I see it.
Look at the last 20 years in the States—so much has shifted, from laws to everything else. Just thinking off the top of my head... out of the thousands of legislative changes, how many were actually good? How many were better than what we had before?
Basically, look at the success rate of these policies meant to improve this country and raise our standard of living.
When you arbitrarily pick a number—one person thinks it's 99%, another thinks it's 0%—you're looking at total incompetence, solving problems through trial and error...

So compare them!

In America, they overhaul 400 different laws every single year!
I find myself agreeing with what you said regarding the average American lacking deep expertise, but let’s be honest: those currently at the helm are utterly incompetent. We desperately need some semblance of order, yet we constantly face the undeniable reality that whatever is written on paper rarely aligns with how things actually function on the ground...
And I suspect you have enough years and experience under your belt to know that there is a massive difference between theory and practice...

The fundamental reality of taxation is quite simple: you can't collect what isn't there, and in America today, the well has run dry because:
- businesses have been systematically dismantled, whether they were crushed by excessive government mandates and corruption or simply bled dry by predatory entrepreneurs.
- the citizenry has been hollowed out, left destitute by job losses, suffocated by high-interest loans from big banks, hit by skyrocketing utility bills, stagnant wages, and an unrelenting climb in tax rates.

The inevitable byproduct of this entire mess is a total systemic COLLAPSE.

I don't care about being a Democrat or a Republican, nor am I a sympathizer for any political faction; I’m just a person who wants to work and nothing more. I prefer to view these matters with a certain level of objective detachment. If someone is incompetent for their role, they should step aside—that is how capitalism is supposed to function. I certainly refuse to let my own future be used as a testing ground for their amateurish "trial and error" methods.

Nancy Alvarez82 said:The fundamental reality of taxation is quite simple: you can't collect what isn't there, and in America today, the well has run dry because:
- businesses have been systematically dismantled, whether they were crushed by excessive government mandates and corruption or simply bled dry by predatory entrepreneurs.
- the citizenry has been hollowed out, left destitute by job losses, suffocated by high-interest loans from big banks, hit by skyrocketing utility bills, stagnant wages, and an unrelenting climb in tax rates.

The inevitable byproduct of this entire mess is a total systemic COLLAPSE.

I don't care about being a Democrat or a Republican, nor am I a sympathizer for any political faction; I’m just a person who wants to work and nothing more. I prefer to view these matters with a certain level of objective detachment. If someone is incompetent for their role, they should step aside—that is how capitalism is supposed to function. I certainly refuse to let my own future be used as a testing ground for their amateurish "trial and error" methods.

System collapse means giant corporations move in to take over. They’ll have a clear path to operate, working hand-in-hand with whatever corrupt administration is in charge. They'll have free rein to buy everything up and privatize it all, while we struggle to scrape by on $20 an hour if we're lucky.😉

Sophia Rodriguez11 said:System collapse means giant corporations move in to take over. They’ll have a clear path to operate, working hand-in-hand with whatever corrupt administration is in charge. They'll have free rein to buy everything up and privatize it all, while we struggle to scrape by on $20 an hour if we're lucky.😉

It’s a simple equation: employment rates and wage levels are moving in opposite directions.

Nancy Alvarez82 said:Neither hikes in sales tax, nor the failure to eliminate zero-rated rates, nor aggressive digital auditing, nor the relentless hunt for tax evaders, nor freezing debtor assets, nor any of these debt restructuring schemes for citizens and businesses, nor even cracking down on corporate profit stripping has done a single thing to actually boost federal tax revenue.
In fact, revenues have plummeted quite drastically because the American public and the entire economy have been bled dry by these frantic, predatory tax hikes.
The inevitable fallout from this mess will be diminished social services, gutted pensions, mass layoffs, and a mounting pile of new national debt.

Basically... it’s a total CATASTROPHE.

To put it in the words of a politician whose party is merely the third-largest non-nepotistic entity left in Washington after the Democrats and Republicans—referring to a certain moderate lawmaker—he suggested that the people running this country ought to pick up a modern economics textbook once in a while.

And that is precisely where the truth lies; we are being led by people who are hopelessly stuck in the past, simply because the global economic landscape has shifted entirely since the last time they bothered to open a book.

The real question is whether they've read any economics book at all, let alone a NEW one...
because this axiom:
"The power to tax is the power to destroy" isn't exactly groundbreaking, and it certainly isn't newer than 1976:
"The power to tax is the power to destroy":
http://www.fee.org/the_freeman/detai...#axzz2Pt9faJ20
(OCTOBER 01, 1976)

Look, if you want to know why the economy is circling the drain, look at the tax code. It didn't just glitch out by accident; it was designed specifically to DESTROY everything we have, all to serve the interests of third-party mega-corporations that don't give a damn about national pride, faith, or any kind of actual identity.

Once most people finally wake up to this, we’re looking at the perfect storm for a massive revolution—probably some kind of World War IV that leaves a trail of bodies in its wake, only for a new regime to step in and aim for the exact same goal: ANNIHILATION.

Henry Hernandez7 said:Look, if you want to know why the economy is circling the drain, look at the tax code. It didn't just glitch out by accident; it was designed specifically to DESTROY everything we have, all to serve the interests of third-party mega-corporations that don't give a damn about national pride, faith, or any kind of actual identity.

Once most people finally wake up to this, we’re looking at the perfect storm for a massive revolution—probably some kind of World War IV that leaves a trail of bodies in its wake, only for a new regime to step in and aim for the exact same goal: ANNIHILATION.

What kind of resources are you even talking about? 😂

Yeah, sure, that's exactly what they learned over in Sweden back in the 90s when the recession absolutely hammered them. Just like how it happened when the social democrats took over around 1970 and started hiking taxes to fund endless benefits. Give everyone whatever they want, right? I guess that's the plan.

Chris Long12 said:What kind of resources are you even talking about? 😂

Yeah, sure, that's exactly what they learned over in Sweden back in the 90s when the recession absolutely hammered them. Just like how it happened when the social democrats took over around 1970 and started hiking taxes to fund endless benefits. Give everyone whatever they want, right? I guess that's the plan.

You're really asking me!?

Why? What kind of funds are we even talking about here?

Only a moron thinks hiking taxes actually fills the coffers. You grow a budget through tax breaks and cutting red tape—that’s how you jumpstart the whole economy, from the guy running a taco truck to the massive corporations on Wall Street. The smart money knows that.

Honestly, I couldn't care less what they decide to do tomorrow. I stopped relying on the whims of corrupt idiots a long time ago.

Henry Hernandez7 said:Why? What kind of funds are we even talking about here?

Pharmaceutical stuff—nothing illegal, obviously.😁
Just a joke, really. It’s an automatic reflex when people start throwing around conspiracy theories.

Chris Long12 said:Pharmaceutical stuff—nothing illegal, obviously.😁
Just a joke, really. It’s an automatic reflex when people start throwing around conspiracy theories.

Why just sit there when there’s an obvious conspiracy in play?

Henry Hernandez7 said:Look, if you want to know why the economy is circling the drain, look at the tax code. It didn't just glitch out by accident; it was designed specifically to DESTROY everything we have, all to serve the interests of third-party mega-corporations that don't give a damn about national pride, faith, or any kind of actual identity.

Once most people finally wake up to this, we’re looking at the perfect storm for a massive revolution—probably some kind of World War IV that leaves a trail of bodies in its wake, only for a new regime to step in and aim for the exact same goal: ANNIHILATION.

This isn't some conspiracy nut theory. I was actually just talking to a buddy of mine the other day about how much I suspect this is the case.

Look, I'm not claiming I know for a fact it's 100% true, but honestly? It wouldn't surprise me one bit if it is.

If you aren't an idiot, you can see we're headed straight for the cliff. Pushing taxes even higher is just another nail in the coffin. I don't think we're being led by morons; I think we're being led by puppets. The ones in charge now, the ones before them, and whoever takes over next.

Taxes are fundamentally designed to fund wars, public spending—which used to just mean the King’s personal entourage—civil servant salaries, and various social programs. But here’s the real issue: the government has this relentless tendency to expand its reach, grab more control, and meddle in absolutely everything, which inevitably demands even more funding.

Leviathan anyone? 😉

I honestly don't see how this works out for corporations, which are already heavily taxed, nor do I get this push to tax capital even more aggressively. If I'm not mistaken, a massive amount of companies, especially the big multinationals, run specific transactions through offshore accounts just to dodge those very taxes. It seems strange, if you ask me, that they're supposedly being accommodated.

The constant rise in taxes is nothing more than a direct result of an ever-growing federal bureaucracy and the endless stream of special interests and perks promised away just to win elections. And don't even get me started on the corruption that ultimately falls squarely on the backs of everyday Americans.

Chris Long12 said:Taxes are fundamentally designed to fund wars, public spending—which used to just mean the King’s personal entourage—civil servant salaries, and various social programs. But here’s the real issue: the government has this relentless tendency to expand its reach, grab more control, and meddle in absolutely everything, which inevitably demands even more funding.

Leviathan anyone? 😉

I honestly don't see how this works out for corporations, which are already heavily taxed, nor do I get this push to tax capital even more aggressively. If I'm not mistaken, a massive amount of companies, especially the big multinationals, run specific transactions through offshore accounts just to dodge those very taxes. It seems strange, if you ask me, that they're supposedly being accommodated.

The constant rise in taxes is nothing more than a direct result of an ever-growing federal bureaucracy and the endless stream of special interests and perks promised away just to win elections. And don't even get me started on the corruption that ultimately falls squarely on the backs of everyday Americans.

1. Sure, that works fine as long as the goal is actually filling the treasury, rather than what we see here where they seem hell-bent on digging a massive deficit.

2. That's exactly my point. Why are they doing it? What's the end game? Because...

3. I don't follow!?

4. They benefit because when the small players go under, the big guys swoop in to grab a monopoly—until those big guys become small fish for even bigger sharks, specifically those corporations registered in places like the Caymans where the corporate tax rate is basically zero.

5. So, it's pretty obvious. We're looking at a conspiracy.

Henry Hernandez7 said:1. Sure, that works fine as long as the goal is actually filling the treasury, rather than what we see here where they seem hell-bent on digging a massive deficit.

2. That's exactly my point. Why are they doing it? What's the end game? Because...

3. I don't follow!?

4. They benefit because when the small players go under, the big guys swoop in to grab a monopoly—until those big guys become small fish for even bigger sharks, specifically those corporations registered in places like the Caymans where the corporate tax rate is basically zero.

5. So, it's pretty obvious. We're looking at a conspiracy.

Cause and effect.

1. It's a consequence, not the purpose.

2. Because that is just how the political system functions (voting, lobbying, political contributions, etc.). Power and control. They want to regulate every single aspect of society, so you end up with a mountain of agencies with questionable needs, ever-expanding budgets, and commissioned studies; then studies of those studies; and then studies about the studies of those studies. 🤣
A massive pile of new laws and political platforms, especially those "temporary" measures that never actually end, and so on.
But I suppose that isn't a conspiracy; it's just the nature of things, which has been historically evident in countless countries.

3. Well, it’s like that metaphorical monster with tentacles. And that famous Hobbesian work.
http://books.google.com/books/about/L...MC&redir_esc=y

4. Consequence, not purpose.

5. If that were true, it would mean this was directly coordinated with the government. But it isn't. Quite the opposite, actually—companies are fleeing high-tax jurisdictions and heavy regulations for places where they aren't.