Messages

Wes Brown is set for life.......He just managed to put 35 million in his pocket

I didnt think brown played well- the other ex MUFC Richardson had a far better game

Liverpool played as well as they have in a long time, interesting to see the change from last year, all of the acquisitions since january were playing where fit. Team needs to settle and there was frustration at the end of the game where the new guys didn't play the ball where it was expected. Some volley, and fair play to Sunderland for grabbing a point. If it was a school report- "could do better"

With apologies to those bored of this already you get yet another point by point

I didn't write the
Tax code, so why don't you direct those questions to
Obummer's main man Timmy the tax cheat and see how you get on.

Geithner didnt write the tax code either, the tax code is Congress' responsibility (in case you missed it TO that is the Republican controlled Congress)

point 2:

My point is, what's being overlooked here is that even
if we were to forget completely about the tax that we think should be paid
on those earnings for a minute and take 100% of those profits combined
It wouldn't cover the deficit spending here for two years...then what happens
next year when said companies say fcuk you, we're out of here!
It's pathetic that some of you idiots can't see past the end of your own noses

that's ten firms, could I suggest you take a look at the Wilshire 5000 current market cap 15.9 trillion dollars, thats greater than the entire national debt ( no rush- I know you're too busy to even catch up with the dream team in Iowa)

And not forgetting

So in closing, do I believe the tax code needs changing and tightening up,
of course!

There's progress- not something one often associates with the far right, but every little helps, and it wasn't really in closing either...

But to stick your head in the sand and say that raising taxes
is the answer to this and that spending isn't completely out of control
here is insanity imo!

I understand that your opinion is that this is insanity, however I have tried to explain that the economy actually needs to increase revenue (taxes collected) cut the stupid spending (congressional and house pork, dumb programs and dumb vote getting spending) and spend government money to stimulate the economy.
Insanity is trying to do anything other than those three things (all of them by the way no cherry picking)

And last but certainly not least:

Now, why don't you enlighten us as to how my list on a previous page isn't enough and that we should add to it,  it seems to me that you would rather sweep this point under the carpet and continue to hammer on about Corporations and personal income taxes....cause that's where it stops right? 

Unsurprising that you did actually end up going with the irrelevant counter punch, you were doing so well up until now. Your list from the 2009 email chain which in fact misses about 300 different taxes is completely irrelevant to this topic. You would be as well listing all of the different items that you spend money on in your weekly budget and putting beside each the federal, state, local and special agency taxes (for the record thats the list of bodies that can collect tax in the US (legally))

The issue is not the individual tax on each item, but rather the effective level of tax. Could I suggest you write your local member of congress (or favored candidate when you get time to watch the DVR) and ask their view on the appropriate effective level of tax they would suggest for a balanced budget, and also what they think that the federal budget annualized spend should be, and what they are proposing to do to ensure that they balance, or even, heaven forbid, have a budget surplus. Other than Ron Paul, no Republican candidate actually has an economic policy that holds water, and its not just the candidates, the leader of the Republican party in Congress miscounted his fix it plan by 350Billion (thats close to those 10 companies' profits just for reference) and that was 30% of his entire project- Thirty percent out when you're adding up is incredible- he actually had gone so far as to have the bill printed for the vote when the (non party) congressional budget commitee said "Ummm, excuse me Mr Boehner, can I see the back of your prayer book where you added these up? I've a feeling you may have been double counting". Missing by that much takes effort.

p.s I know those sentences were way to long but English at SPCA wasn't a strong suit.

Back to you...

I like that idea, and I like the names suggested originally. Let's go with that.

Now, can anyone contact hegan boy and tell him to get his bloody helmets into the A championship. The whole show is waiting on him

I got in touch, he'll have it sorted in an hour or so

Done sorted...

Interesting piece in rolling stone on Fox News' "Chairman" Roger Ailes, the mission of founding Fox News and how their news/editorial line blurring is one of the biggest open secrets in the business.

Caution, this piece will either confirm everything you thought, or it will confirm the left wing media's anti Fox mission, unlikely to make any new converts...

http://www.rollingstone.com/politics/news/how-roger-ailes-built-the-fox-news-fear-factory-20110525

[in profit]

lets do this point by point:

Point 1.
my opinion is that tax policy in the US is asinine, personal and corporate taxes both. In particular the taxes on the highest earners i.e. zero personal tax. How can you justify a hedge fund manager taking home $30M but paying zero tax on that income? How can you justify an american company bringing in $19 Billion dollars in profit yet paying no tax in the US (Exxon, in fact received a $150Million dollar tax rebate see rest of list below) . 57% of companies in the US have gone without paying tax for a year in the last 8 tax years. Tax on fuel further screws up the economy, and the corporation taxes here in the US are boosting foreign economies not the US domestic economy. As for standard and poors, I have read the report, and I have been reading reports from them every day for 10 years, I have kept some of their better ones, Lehman triple A ratings, AIG triple A ratings, US mortgage backed securities, CDOs. McGraw-Hill is a publishing company, some fiction, some non fiction.

Credit rating is based on the likelihood of a default on debt. The debt ceiling brinkmanship that played out over the last few weeks showed that there was a strong likelihood that American politicians of all backgrounds would allow the country to default on its loans.

Your opinion is the spending is the issue, no matter how clearly you state it, its still an opinion. You have however compared the US economy to a household in the past, so allow me to have a different opinion. Spending is certainly a problem, (how would stopping two wars/ military campaigns impact that spending), however it is over shadowed by the lack of taxation that are applied to certain sections of business and certain types of income. If it were as simple as you seem to see it- why doesn't everyone move to Delaware?

The public perception of this issue in the US is influenced by politicians, and that means soundbites and cherry picking of issues that they know will resonate. It doesn't suit a politician who wants to get elected to say "our tax code is a steaming pile of shite so we'll have to rewrite it" or "the spending commitments we have agreed to in order to get all these crappy bills passed that we scare mongered folks into supporting are complete bullshit and we basically bought votes in both houses by sticking this crap in there, but I got re-elected last time so who cares?" However look at the press and support you receive when you say "we're spending too much when I'm in power I'll spend less"

I am very happy to hear that you agree with cutting spending, but if you don't have a view on what taxation policy should be to pay for the spending that you do happen to agree with. Or maybe if you can cite one example of cutting government spending to stimulate an economy, or maybe cite a theory as to how this time its going to be different (remember no promising change..) then I'll be more than happy to hear your thoughts on the matter.

Point number 2.
Liberalism is not democratic US politics, nor is it GOP. I may be a liberal but I fail to see why gay marriage being legalized in New York has anything to do with tax policy. I would also argue strongly that on this issue that I'm not the one with his head buried in the sand (or over simplifying). Also raising taxes, as we have all seen over the last few weeks, has very little to do with the President, that would be a congressional issue, but as previously don't let the facts or logic get in the way of your point. or alternatively throw in yet another complete irrelevance into the discussion to "prove your point". For the record my line of work is at least 95% republican, and where I live although liberal in most senses of the word also votes consistently republican. And without trying to cast aspersions on your detective skills, and things being lost on you (the irony) who else from New York (or Chicago assuming you now allow that the President of the USA wasn't born in Kenya) is advocating tax increases, and who from outside of those areas (other than your good self) is advocating tax reductions?

Point 3.
you asked me to explain why it didn't make sense to me, but now apparently its about a sense of humor? And seeking truth in poetry? I do pay tax, I have a nice little accountant who works out exactly what I owe, and then I write 3 checks, one to NJ, one to NY and one to the IRS. All of them will send you back a check for the difference if you pay more than you owe just for future reference.
Now maybe you answer the questions
1. What do you think that tax levels should be in the US?
2. And what do you think people should pay taxes on?
3. What do you think corporations and businesses should pay taxes on?

While you're at it, can tell me what cause this is you're referring to and why I'm full of shite? ( because the dumb answer will get a reply asking you to write a check for less than you owe( assuming you actually pay tax)and then take your case to the supreme court- let me know how you get on with that...)

Or maybe you can come back with something other than a little sound bite without logic, reasoning or any basic economic common sense. Accuse me of being something or other, sympathizing with someone or other (and their ilk), disparaging remark about the president or another member of the democratic party who you seem to assume I have some allegiance to. Diversionary tactics wont be entertained either.

And food for thought, as you seem annoyed at being in the top 50% of tax payers and seem very pissed at having to subsidize that 50% that earn less than $47,000 per family per year. Spare a thought for the poor buggers that earn more than $380,00 per family per year who pay more tax than everyone who earns less than $160,000 combined even with this tax system. Its a cruel world after all...

List of non tax paying US companies:
1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.

3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.

4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.

5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year.

6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.

7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.

8 ) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.

9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.

10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.

what part about my posting a portion of what taxes the average American faces on a day to day basis in response to your "we're not taxed enough"
don't you understand 

Im asking what you think the taxes should be?

I'm well aware of what you're asking me but can we settle this first for the third time
"TO,
you are not making any sense at all."

I can wait.....

still not sure why you're being evasive. but ok I'll play your little game.
"you're not making sense" in this case refers specifically to the post I referred you to above, and in particular:

Oh I think we all know where you and your ilk stand with taxes;

and

where you always this brain washed for the cause HB or did living in NY simply bury you in sand?

neither of these phrases make any sense to me, and neither does the copy and paste of the tax poem.

now can you answer the questions?

what part about my posting a portion of what taxes the average American faces on a day to day basis in response to your "we're not taxed enough"
don't you understand 

Im asking what you think the taxes should be?

[my point is that we are paying too little tax,]

when I said you weren't making sense I was referring to this post

Technically the first line was "TO" but I assume the not making sense part was where you were heading.

So any chance of those three answers now?

] but that rate is still too low...[/b]

Of course it is... that's my point and thanks for helping me with it, Its simply never ever enough with the tax, print, barrow and spend Democrats 

Hang on a minute- you're not getting me- my point is that we are paying too little tax, are you sure you're agreeing with me?

Oh I think we all know where you and your ilk stand with taxes;

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 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 in 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

Excise Taxes

Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax

Gasoline Tax
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

Personal Property Tax
Property Tax

Real Estate Tax
Recreational Vehicle Tax
Road Usage Tax

Sales Tax
Service Charge Tax
Social Security 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


Yes it's more taxes we need  where you always this brain washed for the cause HB or did living in NY simply bury you in sand?

TO,

you are not making any sense at all. 3 answers please:

1. What do you think that tax levels should be in the US?

2. And what do you think people should pay taxes on?

3. What do you think corporations and businesses should pay taxes on?

thats hegan's helmets in sorry about the delay...

] but that rate is still too low...[/b]

Of course it is... that's my point and thanks for helping me with it, Its simply never ever enough with the tax, print, barrow and spend Democrats 

Hang on a minute- you're not getting me- my point is that we are paying too little tax, are you sure you're agreeing with me?

[don't tax,]

Its simply never ever enough with the tax, print, barrow and spend Democrats 

as opposed to the don't tax, borrow (assuming you were going for borrow there) and spend more (mostly abroad so it doesn't help the economy) Republicans

Eh...ok, don't know exactly where I fall percentage wise in America but I'm paying a hell of a lot more than that
Not sure where you come up with that figure

http://usgovinfo.about.com/od/incometaxandtheirs/a/whopaysmost.htm

here actually http://www.financialsamurai.com/2011/04/12/how-much-money-do-the-top-income-earners-make-percent/

and no you don't pay more than that. You pay next to nothing n gas (petrol) nothing on a mortgage and a bunch of other tax free stuff that means that your effective rate is less than 14%. Unless of course you're earning more than $390K in which case your effective tax rate peaks at 23%, in which case congratulations but that rate is still too low...

[YOU NEED TO CUT BACK ON SPENDING]

if you're spending more money than you're bringing in, YOU NEED TO CUT BACK ON SPENDING

or bring in more money

The top 50% already pay 97% of taxes Revenue collected... do you want their first born also, this kind of thinking will drive
the wealth out of this country in search of tax havens elsewhere then who are they coming after 

The effective tax rate for the top 50% of americans is 13.7%. Yep thats right less than 14 out of every hundred dollars you make goes on taxes. Anyone not paying US taxes care to comment?