Category Archives: Taxes

Reckoning With Insanity, Part Two, by Robert Gore

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You don’t have to be David to fight Goliath, and you don’t have to be Atlas to shrug.

Part One

The Russian military doesn’t do shock and awe. It does grind, advance . . . and win. Contrary to Western propaganda, it is well on its way to achieving its objectives in Ukraine. In what looks like a watershed moment, most of the holdouts at the Azovstal steel plant in Mariupol recently surrendered. (The New York Times couldn’t bring itself to use the term “surrender” in its account of the capitulation.) This gives Russia a land corridor on the Black Sea from southwestern Russia to the Crimean Peninsula.

Left to their own devices the Russians and Ukrainians would eventually reach an agreement that leaves eastern and southern Ukraine in Russia’s hands or closely aligned with it as one or more autonomous states, with pledges from what remained of Ukraine not to join NATO or station nuclear weapons on its territory. Some such resolution was available before the war began. Facts on the ground mean it would now be more far more favorable to Russia than it would have been if war had never started. The war may cost Ukraine direct access to the Black Sea.

The $40 billion war appropriation indicates that the U.S. has no intention of leaving Ukraine and Russia to their own devices. Instead, the U.S. wants to promote a long Ukrainian insurgency that drains Russia politically and economically and in the best of all possible worlds, topples Putin. The concern has been expressed that backed into a corner, madman Putin might then take the conflict nuclear. The more pressing concern: that is the outcome America’s madmen and madwomen want. A generally unrecognized possibility (in the Western media) is that it could be the American contingent who find themselves backed into a corner.

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The U.S. may get its Ukrainian quagmire, but it would be a quagmire for both sides, with all sorts of unintended consequences and ramifications. Is the Biden administration adroit enough to create a tar baby for the Russians without getting itself stuck? Is the Biden administration adroit enough to turn on the White House’s Christmas tree lights? As it became clear that Vietnam was a quagmire, some advocated a nuclear strike on North Vietnam. Finding itself stuck, whoever makes the decisions may decide, unlike the Vietnam experience, that nuclear escalation, either outright or in response to a false flag, is just the answer for the situation.

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New 2020 IRS migration data reveals Florida is the biggest winner, New York is the biggest loser, in the competition for people and their wealth – A Wirepoints 50-state survey, by Ted Dabrowski and John Klingner

People can and do vote with their feet, and they take their money with them. From Ted Dabrowski and John Klingner at wirepoints.org:

Every year, states across the country compete with each other for people and their wealth as millions of Americans move between states. The stakes are large. A growing population for the winners means an increasing tax base, economic growth and investment. For the biggest losers, it means more difficulties in paying down debts, higher taxes and fewer investments for the future.

The nation’s most-recent winners of migration from other states are Florida and Idaho according to the latest migration data released by the IRS. Florida, the nation’s perennial winner, gained the most people and income overall in 2020, while Idaho gained the most of both on a percentage basis.

On the other end of the competition are states that have become perennial losers. States like California, New York, Illinois and New Jersey once again experienced some of the nation’s biggest losses of both residents and their money.

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Big Pharma-funded paper recommends taxing the unvaccinated, by Kit Knightly

I’m the CEO of a tech startup and I think it would be grand if the government would tax everyone who doesn’t use our company’s products. From Kit Knightly at off-guardian.org:

A new paper published by Oxford University’s Center for Business Taxation discusses – and in the end supports – the idea of a special tax levied on those who decline to be “vaccinated” against “Covid19”.

The paper’s authors argue that a vaccine-related tax would be “justified” because “Taxes on behaviour that is considered undesirable are nothing new“.

And that even if the “vaccines” do cause serious harm to some people…

“some states do adopt policies that can lead to serious harm in exceptional cases when they consider that the benefits outweigh the costs“

Yes, you did read that right.

They go on to suggest all sorts of ways of correcting this “undesirable behaviour”, from straight taxation to tax credits for those who have been vaccinated, to vaccine mandates and compulsory Covid insurance for the unvaccinated (which is just another way of saying “taxation”).

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Why Did Rand Paul Delay Washington’s $40 Billion Ukraine Giveaway? by Ron Paul

Congress doesn’t want to know what happens to the $40 billion it’s spending on Ukraine. From Ron Paul at ronpaulinstitute.org:

Even by Washington standards, the Biden Administration’s recent request for $33 billion for military aid to Ukraine was shocking. Surely a coalition of antiwar progressives and budget-hawk Republicans would oppose the dangerous and expensive involvement of the US in the Russia/Ukraine conflict? No! Not only did Congress not object: they added nearly seven billion MORE dollars to the package!

In the end, not a single House Democrat voted against further US involvement in the war, and just 57 Republicans said “no” to funding yet another undeclared war.

On the Senate side, Majority Leader Chuck Schumer (D-NY) and Minority Leader Mitch McConnell (R-KY) both demanded immediate passage of the huge giveaway to Ukraine. That’s Washington’s bipartisanship for you.

Then the junior Senator from Kentucky came to the Senate Floor and did the unthinkable in Washington: he delayed the vote.

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The Internal Revenue (Election Rigging) Service, by Clarice Feldman

It’s shocking, absolutely shocking, that an agency of the government would play favorites, and that its politics are the same as those who control the government. From Clarice Feldman at americanthinker.com:

Should the projections of a Republican tsunami at the midterms prove true, there are so many things that a Republican Congress must prioritize. Not the least of which is revising the civil-service laws to permit removing incompetent and corrupt bureaucrats, cutting drastically the federal bureaucracy, and reforming, among other agencies, the CDC, NIH, FBI, and the IRS.

I’m focusing now on the IRS, which first hit my radar screen when with no consequences whatsoever.  Loretta Lynch’s Department of Justice declined to press criminal charges against Lois Lerner, whose outfit delayed and denied the Tea Party reform groups the tax-exempt status to which they were entitled, hamstringing them against the very well-financed (probably including illegal funds from abroad) Obama crowd.

This time, pay attention to Black Lives Matter, an utterly corrupt outfit whose riots and lootings destroyed so many cities and wreaked havoc on the black communities and their businesses.

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Student Loan Forgiveness: Who Pays? By SchiffGold

Why, the taxpayers pay, of course, just like they directly or indirectly pay everything the government does. From SchiffGold and schiffgold.com:

Student loan forgiveness has been in the news lately. There are a number of different plans being floated, from blanket debt repudiation up to various amounts, to more limited income-based schemes. But nobody ever talks about a key question: who is going to pay for it?

Well, you will.

I think most Americans think Joe Biden or Congress can just wave some kind of magic wand and student loan debt will just disappear. Poof! No harm, no foul. In fact, I think a lot of people believe student loan forgiveness will stick it to the evil banks who lent out all of that money.

But it doesn’t work that way.

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Opinion: Everyone Who Makes More Money Than I Do Isn’t Paying Their Fair Share

From The Babylon Bee:

Equality in America is a huge problem. I’m not talking about equality of opportunity: I’m talking about the kind of equality that comes when everyone who makes more money than I do pays their fair share, being brought down to my level by the blind justice of the government.

Politicians want to distract you from who the real enemy is: everyone who makes more than I do. If we can just force them to give the government hundreds of millions of dollars, all our problems will be solved. What will they do with it? Who cares! As long as everyone who dares earn more money than me is cut down to size, I’ll be much happier.

Now, I know that I make a lot more money than 99% of the world and the majority of the nation. But I’m not the problem. I already pay too much. People who make more than I do—they’re the problem. Take all your hate toward the government and taxes and redirect it toward people who make more money than you.

Not me, of course—everyone who pulls in even a dollar more than I do annually is the real villain here.

https://babylonbee.com/news/opinion-everyone-who-makes-more-money-than-i-do-needs-to-pay-their-fair-share

18-Year-Old Trying To File Her Taxes Wishing Her Teachers Had Spent Less Class Time On Polyqueer Trans Theory

From The Babylon Bee:

PORTLAND, OR—Local 18-year-old Olivia Hannah Jones had to file her taxes for the first time this year. As she frantically tried to navigate the IRS’s obtuse website and fill out the non-user-friendly forms needed for the little bit of income she made working as a graphic designer last summer, Jones muttered to herself that she really wished her teachers had spent less time on polyqueer trans theory and more time on how to fill out a 1099 form.

“1099-MISC? What the heck is that?” she muttered, trying to rack her brain for any trace of teaching she’d gotten in school that had covered this, but only recalling gender struggle sessions, critical race theory, and several drag queen story hours at the local library. “I really liked my math teacher Mx. Ryder, but I wish they’d at least spent an hour or two on how to file your taxes. Their coming-out party in our fifth-grade class was equal parts stunning and brave, but it certainly isn’t helping me figure out what deductions I’m eligible for here.”

Jones dug up her old notes from her high school economics class, but only found page after page on critical gender theory and a section on the systemic oppression of evil, colonizing arithmetic and its triggering effects on polygender people who bleed.

She sighed and rubbed her head.

“Well, at least I’ll be able to get into Harvard.”

https://babylonbee.com/news/18-year-old-trying-to-file-his-taxes-wishes-his-school-teachers-had-spent-less-class-time-on-polyqueer-trans-theory

The Retention of Wealth, by Jeff Thomas

Are you going to be able to hold on to what you’ve earned, or even a fraction of it? Watch out; governments are only going to get more rapacious. From Jeff Thomas at internationalman.com:

wealth

For most people, the term “investment” means the purchase of something for its anticipated rise in value in the future. However, there is another category of investment, generally referred to as “retention of wealth,” that does not adhere to this definition. Although investments in this category may well rise in value over time, their principle purpose is not profit. Their purpose is to assure that if other investments fail, the investor will still have a portion of his wealth to fall back on.

Generally, during good economic times, investors are inclined to be somewhat uninterested in this category. However, when bad economic times are on the horizon, retention of wealth becomes (or should become) far more significant in importance.

The world has never seen a time like the present one. In most every facet of the economy, personal wealth is threatened. In many countries, there is the threat of greater taxation, devaluation of currencies, collapses in markets, and even outright confiscation of bank accounts.

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Two Hunter Biden Associates Testified Before Grand Jury About PLA-Linked Chinese Company, by Tyler Durden

Seeing all the Hunter Biden stories surface, you can’t help but think that somebody has decided that it’s time to get rid of his dad. From Tyler Durden at zerohedge.com:

With the Hunter Biden laptop scandal heating up again, CBS News‘ Catherine Herridge reported early Thursday morning that two associates of the younger Biden testified before a grand jury last fall about a shady, now-bankrupt Chinese energy company linked to the infamous “10 for the big guy” from Hunter’s emails.

“Federal officials are looking at his foreign business dealings, including his ties to a Chinese energy company,” said “CBS Mornings” host Tony Dokoupil.

“The investigation began as a tax inquiry years ago and has expanded into a federal probe involving the FBI and IRS,” Herridge added. “A source familiar with the investigation now tells CBS News, two men who worked with Hunter Biden when his father was Vice President were called to the grand jury last fall.”

The probe is now exploring whether Hunter and pals violated tax, money laundering, and foreign lobbying laws.

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