Category Archives: Taxes

Mulcting-by-the-Mile, by Eric Peters

Can’t levy gas taxes on electric cars? No worries, enact a tax on each mile driven. Problem solved. From Eric Peters at ericpetersautos.com:

The government has been pushing “fuel efficient” cars on the public for decades – and now  intends to punish the public for driving them.

By taxing them by the mile. To make up for their fuel efficiency. Ostensibly, to make up for the loss of “revenue” that isn’t being collected – via the tax on fuel. Which, of course, will still be collected, in full – in addition to the tax on driving.

This tells us the object of the exercise isn’t to reduce fuel consumption.

It is to reduce driving. By making it more and more expensive to drive.

Not just by taxing it by the mile, either.

This tax will inevitably morph into taxing by time – as of day. This is called “congestion pricing” – and it means taxing people for when (and where) they drive – as during “peak” times, such as the morning drive and the evening drive home. So as to discourage people from driving when they need to drive and encourage them to ride . . . government forms of transportation: The ever-unpopular bus or train, which can only become popular by making it too expensive to drive.

This has been the underlying goal all along but now it’s becoming explicit. The recently (s)elected Biden regime’s secretary of transportation recently came out – so to speak –  in favor of mulcting-by-the-mile at the federal level and in states such as Oregon, there is legislation afoot to impose the same idea at that level.

The Oregon legislation would impose a tax-by-mile on “fuel efficient” vehicles beginning in 2026.

Which vehicles qualify as “fuel efficient” enough to have their gas mileage advantage become a tax liability? Any car that achieves 30 MPG or more – as well as electric cars and hybrid cars – the irony of which is probably lost on the people who bought them thinking at least in part about how much money they were going to save on gas.

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The Plutocrats of Wall Street and Silicon Valley Are Scamming America, by Ryan McMaken

Very few ostensible capitalists have any ideological loyalty to capitalism. They’ll crawl into bed with government any time it’s in their interest to do so. From Ryan McMaken at mises.org:

In recent years, it seems that the nation’s CEOs and billionaires are increasingly willing to drop the pretense that they are politically neutral entrepreneurs who simply want to go about their business.

Last week, for example, more than a hundred CEOs met to plot ways to punish the people of Georgia by “stopping investments in states” that pass laws unapproved by the billionaire class.

This comes in the wake of a decision by Major League Baseball—a collection of billionaire-owned sports teams—to punish residents of Georgia for the fact a tiny number of politicians there passed legislation designed to lessen voter fraud. In retaliation, MLB decided to move the league’s all-star game so as to deny the residents of Atlanta the economic benefits of hosting the game.

This comes only a few years after Apple CEO Tim Cook led a corporate campaign to boycott Indiana after Cook and Marc Benioff (the CEO of Salesforce) demanded the people of Indiana be punished. This was because the Indiana legislature passed a law which some billionaires decided was insufficiently pro-LGBT.

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Global Taxes – Global Stagnation, by Ron Paul

Raising taxes never helps an economy. From Ron Paul at ronpaulinstitute.org:

Treasury Secretary Janet Yellen has proposed that governments around the world require payment of at least a uniform “global minimum corporate tax.” A motivation for Yellen’s push for a global minimum corporate tax is fear that the Biden administration’s proposed increase in the US corporate tax will cause some American corporations to flee the US for countries with lower corporate taxes.

President Biden wants to increase corporate taxes to help pay for his so-called infrastructure plan. The plan actually spends more on “progressive” priorities, including a down payment on the Green New Deal, than on infrastructure.

Much of the spending will benefit state-favored businesses. For example, the plan provides money to promote manufacturing and electric vehicles. So, the idea is to raise taxes on all corporations and then use some of the received tax payments to subsidize government-favored businesses and industries.

The only way to know the highest valued use of resources is by seeing what goods and services consumers voluntary choose to spend their money on. A system where the allocation of resources is based on the preferences of politicians and bureaucrats — who use force to get their way — will be less efficient than a system where consumers control the allocation of resources.

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NY State To Give Up To $2.1 Billion To Illegal Immigrants, by Tyler Durden

New York is giving money to illegal immigrants at the same time it’s raising taxes on it’s legal population. From Tyler Durden at zerohedge.com:

Just when you thought things couldn’t get more surreal, New York State’s democratic-party-dominated legislature decides to crank the virtue-signaling ‘equity’ amplifier up to 11.

Embattled Gov. Andrew Cuomo – desperate for any news to distract from his dueling sex abuse and nursing home death scandals (“Hey, want some pot?“) – struck a deal on Tuesday with New York Lawmakers to spend $2.1 billion towards to assist jobless workers who were excluded from unemployment benefits during the pandemic – primarily undocumented immigrants and ex-convicts, after activists launched several hunger strikes.

Lawmakers justified the stunning addition to the state’s broader $212 billion budget agreement, by claiming – as Lohud.com’s Tifany Cusac-Smith and David McKay Wilson report – many undocumented immigrants have not received aid such as stimulus checks or federal unemployment benefits during the pandemic, even though studies show that they pay billions of dollars in taxes each year.

The study in question – by The Institute on Taxation and Economic Policy – appears custom-tailored to justify classifying illegal immigrants as qualifying residents, as they claim tax revenues would skyrocket if currently illegal workers were suddenly made legal and paid taxes… legally?

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Once again, Congress wants to go back in time to steal your money, by Simon Black

One prediction that can be made with absolute assurance is that broke and bankrupt governments will become increasingly rapacious in seeking to increase their tax hauls. From Simon Black at sovereignman.com:

By the early 13th century, beset by endless wars with France, internal rebellion among the royal family, and a costly fight with the Church, England was heavily in debt and running out of funds.

To bring in some quick cash, King John demanded that his nobles pay a much heftier tax rate. And if they didn’t, he threatened to seize their lands.

But in 1215 the barons reached their breaking point. Fed up with the king’s demands, they marched their combined armies to London, took over the city, and forced King John to sign a groundbreaking document which laid out strict rules for the king to follow.

This document came to be known as the Magna Carta.

And even though it only applied to landed nobles at the time, the contract still marks a huge step forward for individual freedom.

One of the important innovations of the Magna Carta is that it enshrined ye olde due process so land owners could not be deprived of their property without a fair trial.

It also specified what happened to their property when they died.

Inheritance taxes, or ‘death taxes’ were one of the specific issues the barons raised in the Magna Carta.

Since all land belonged to the Crown, the King routinely collected a painful tax whenever property passed to an heir upon a nobleman’s death.

Quite often these death taxes were extremely high, so the barons sought to limit this tax in the Magna Carta:

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It Got Serious In A Hurry, by Robert Gore

He’s a joke, but nobody’s laughing.

Trump’s five years were fun. He said things that provoked outrage among all the right people, often because they were true. You could laugh at their hypocritical idiocies, hysterical posturing, and sputtering anger. To paraphrase Oscar Wilde, anyone who can watch Keith Olbermann or Rachel Maddow without laughing has a heart of stone. Frothing anger fueled effort after effort to depose Trump until success was realized with overblown pandemic panic, riots, and a clearly rigged election. If nothing else, Trump exposed the mendacity, arrogance, incompetence, venality, and criminality of the Corruptocracy.

Reality doesn’t invert. A corollary is that the severity of consequences from an inversion is the square of the distance between the inversion and reality. Consider the US military. It has disregarded the realities of the wars it has fought—the relative difficulty of invasion versus defense, the deadly effectiveness of guerrilla warfare and insurgency, the corruption, tyranny, and lack of domestic support for our puppets, and so on—losing every conflict since WWII, often after lengthy and in some cases ongoing engagements.

The current crop of corruptocrats have introduced yet another inversion in the military, the woke inversion. The military will now be graded on its commitment to combat-irrelevant factors: the racial, ethnic, gender, sexual preferences and political creeds of its forces, and their professed fealty to regnant political dogma. In other words, “diversity” in everything but thought.

This inversion is huge and given the distance squared corollary, it will soon render the armed forces incapable of fighting even a war for the protection of the United States proper. Given its ineptitude fighting offensive wars, the military will be completely useless. The defense budget, however, will grow ever more bloated.

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Joe Biden aspired to mediocrity in his prime and it’s been downhill ever since. As for Kamala Harris: some are born hacks, some achieve hackness, and some have hackness thrust upon them. She’s all three. They and their string-pullers have taken things from fun to serious—deadly serious—in a little over two months.

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“The Largest Tax Hike In Generations” Could Pay For Up To 75% Of Biden’s Next Spending Plan, by Tyler Durden

Anybody who didn’t see this one coming shouldn’t be allowed to drive or operate heavy machinery. From Tyler Durden at zerohedge.com:

On Wednesday, President Biden will unveil the first part of a two-part stimulus plan aimed at infrastructure, climate change, and social programs.

While initial reports pegged the next round of stimulus at $3 trillion, the Washington Post‘s Jeff Stein now reports that new spending could top $4 trillion, while new taxes to pay for it – some of which Biden will also unveil Wednesday – could total over $3 trillion.

The two-pronged package Biden will begin unveiling this week includes higher amounts of federal spending but also significantly more in new tax revenue — with possibly as much as $4 trillion in new spending and more than $3 trillion in tax increases, said the people, who spoke on the condition of anonymity to describe private dynamics. One person familiar with the matter said that the early infrastructure draft did not include every tax increase the White House was eventually considering including in its ultimate proposal, and that the administration believes the tax hikes can also advance its goal of reducing income inequality. -WaPo

There are four main tax increases Biden is immediately eying, according to Axios:

  • A corporate tax increase from Trump’s 21% to 28%, raising an estimated $730 billion over a decade, according to the Tax Policy Center.
  • A global minimum tax on profits from global subsidiaries worth $550 billion over the same period.
  • Taxing capital gains for the wealthy as ordinary income, as opposed to the current rate of 20% for those making $441,451 or more per year, and a tax on unrealized capital gains at death: $370 billion
  • Return the top individual tax rate for people earning over $400,000 per year to the pre-Trump rate of 39.6%: $110 billion

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The Consequences of Selections, by Eric Peters

Bad choices make for bad consequences. From Eric Peters at ericpetersautos.com:

Selections have consequences – again.

You may have noticed how much more you’re paying at the pump now that Orange Man is gone. For most of the country, it’s about 50 cents per gallon more – with more to come. This has increased the cost of life for most Americans by more than the $600 “stimulus” check they got last year – and will likely end up costing them much more over the next four years than the $1,400 many are supposed to get this year.

You may soon notice how much more you’ll be paying for every mile you drive.

The Orange Man’s replacement has just floated this idea through his new Secretary of Transportation, Pete Buttigieg – who has long favored this idea. Probably because he won’t have to pay it, since the taxpayers are forced to pay for it – for him.

Also probably because it’s much more than just another tax. It’s also a way to keep track of your movements.

Not just how far – but where and when.

The tax, if it comes to pass, would almost certainly be implemented electronically – via connected car technology, which almost all new cars and almost all cars sold since around 2010 already have. The same convenience technology used to find you the nearest gas station can also be used to find you, very conveniently.

The odometer reading would be read by communicating with the computer, which stores the data. Long-gone are the says of analog odometers that were purely mechanical things that had to be read in person, as when you took your car in for an oil change. And the data regarding miles driven isn’t kept in some isolated cubbyhole of the computer’s memory banks. It is stored along with the rest of the car’s data, which means whoever has access to the some data has access to all of the data.

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Undeniable fact: “Carbon Dioxide” is NOT a “pollutant” but a Giver of Life, by Dr. Klaus L.E. Kaiser

With all the measures out there against carbon dioxide and global warming, maybe we can get rid of carbon dioxide entirely, and maybe humanity as well. From Dr. Klaus L.E. Kaiser at iceagenow.info:

Open Letter to the Canadian Prime Minister from chemist Dr. Klaus L.E. Kaiser.

Dear Prime Minister,

Presumably, you’ve welcomed the Supreme Court’s ruling on the “carbon tax”.

It never fails to amaze me how “climate change” is being equated with “carbon dioxide” (commonly referred to simply as “carbon”) or even termed “carbon pollution.”  In fact, carbon dioxide (chemical symbol “CO2”) is the substance that is absolutely vital for all life on Earth!

The ruling only mentions “carbon” and “pollution.” That’s simply more misunderstanding, confusion, and “politics.”

Yes, “climate change” has been going on (up and down) ever since this planet came into existence. Just 22,000 years ago, the whole eastern part of Canada was covered with a 1 to 3 km thick sheet of ice. Since then, over a period of around 15,000 years, it just melted away with natural “climate change.”

Does any sane person really think it was because of some camp-fires by the few earthlings then inhabiting the continents? And, why should that natural process have stopped once the ice was gone? Furthermore, analyses of deep ice core samples showed that the carbon dioxide rose well after the ice began melting, with a time lag of nearly 1000 years.

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Better Than Banning, by Eric Peters

Governments bent on denying things to their subjects often find that it’s easier to make ownership prohibitively expensive rather than an outright ban. From Eric Peters at ericpetersautos.com:

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Bans are problematic when the thing being targeted is already in wide circulation. Gun being an obvious example. They can decree no new sales but what about the ones already sold – already possessed – by literally millions of people?

Door-to-door confiscation risks physical resistance and is logistically difficult regardless. It is much easier and equally effective to not ban possession of guns outright but rather to require that those who wish to continue continue possessing them pay for the privilege.

That they pay a lot for it. Not just once, either.

An annual registration fee, for instance. With the threat of criminal repercussions for failure to pay, if discovered (as during a “routine” traffic stop, for instance).

Also make ammunition expensive – as via heavy taxes. Not illegal, per se. Just generally unaffordable.

Presto! You have banned without actually banning.   

This method will likely be applied to cars that aren’t electric cars and – most particularly – cars that are not modern cars; i.e., those without built-in spyware (marketed as “apps” and “concierge services”) which present the threat – to the electric car agenda – of  being an alternative to them.

The electric car agenda is about more than just electric cars. It is about connected carsand electric cars are the apotheosis of connectedness.

The source of motive power is almost incidental to the fact that the powers-that-be can remotely control a connected electric car. Its range, for example, can be increased over-the-wire via a “software update.” It ought to be obvious what this implies. If the range can be extended, it can also be reduced.

To zero.

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