TAXES | WHAT REALLY HAPPENED

TAXES

Jan 03 10:59

Trump and Clinton share Delaware tax 'loophole' address with 285,000 firms

This squat, yellow brick office building just north of Wilmington’s rundown downtown is the registered address of more than 285,000 companies. That’s more than any other known address in the world, and 15 times more than the 18,000 registered in Ugland House, a five-storey building in the Cayman Islands that Barack Obama called “either the biggest building in the world, or the biggest tax scam on record”.

Officially, 1209 North Orange is home to Apple, American Airlines, Coca-Cola, Walmart and dozens of other companies in the Fortune 500 list of America’s biggest companies. Being registered in Delaware lets companies take advantage of strict corporate secrecy rules, business-friendly courts and the “Delaware loophole”, which can allow companies to legally shift earnings from other states to Delaware, where they are not taxed on non-physical incomes generated outside of the state.

Dec 27 07:23

Stealing Money From The Voters: Won’t Last Much Longer.

On September 10, 2001 Secretary of Defense Donald Rumsfeld went on CBS Evening News and admitted that the Pentagon (under the Clinton regime) had spent $2.3 trillion but had no idea where the money went. He promised the American taxpayers that the money was well spent but we just didn’t know where it was. And he promised to improve both the bureaucratic and accounting procedures at the Pentagon so they taxpayers would know their money was being well looked after.

17 years after Rumsfeld pledged to improve DOD budgetary controls, Dr Mark Skidmore, who normally worked with state government accounts where occasionally he found that someone spent as much as $300 without getting a receipt, decided to investigate claims that billions and even trillions had gone missing from federal departments.

Dec 25 08:41

Mnuchin can’t stand up to his boss

Mnuchin can’t stand up to his boss — and it’s costing you money

Imagine missing Donald Regan, President Reagan’s famously irascible Treasury secretary, on Christmas Eve. Imagine spending a morning normally devoted to preparing to mark the birth of a savior brushing up on the exact requirements of the 25th Amendment for removing a president of the United States from office.

But that’s what I did, as more of your retirement money and mine was flushed down the toilet, courtesy of current Treasury
Secretary Steven Mnuchin’s utterly inexplicable decision this weekend to weigh in publicly on big U.S. banks’ ability to withstand a run that literally no one had said was happening, as part of a panicking administration’s unwillingness to tell President Donald Trump “no” about anything.

“I’ve got (*YULETIDE) - you money,” said Regan, reportedly. “Anytime I want, I’m gone.”

Which Mnuchin might have recalled when he tweeted about whether the president could, or would, fire the nominally independent Federal Reserve chairman Jerome Powell for raising interest rates faster than Trump would like.>>>

Dec 20 14:23

JEFF FLAKE WILL INTRODUCE BILL TO RAISE TAXES BEFORE LEAVING SENATE

Outgoing Arizona Republican Sen. Jeff Flake will soon co-introduce legislation to tax carbon dioxide emissions, according to news reports.

Flake, who will not be returning to Congress next year, and Delaware Sen. Chris Coon, a Democrat, will introduce their carbon tax bill as soon as Wednesday. The bill is unlikely to go anywhere with just two weeks left in the current legislative session.

Flake and Coon’s bill will be the Senate companion to bipartisan House carbon tax legislation introduced in November. The Washington Times first reported of Flake’s carbon tax bill Wednesday, and The Hill later confirmed it.

Dec 20 12:38

IF IT FEELS GOOD, TAX IT

Dec 19 21:06

STUNNER: Trump Middle-Class Tax Cut On Hold

Treasury secretary: Trump's middle-class tax cut on hold

Treasury Secretary Steven Mnuchin said a 10 percent tax cut for the middle class President Trump called for ahead of the midterm elections is on the back burner.

"I'm not going to comment on whether it is a real thing or not a real thing," Mnuchin told Bloomberg in an interview Tuesday. "I'm saying, for the moment, we have other things we're focused on."

Mnuchin said that the administration is putting the middle-class tax cut on the back-burner while the Department of the Treasury works with Congress on “some minor technical corrections,” like fixing mistakes in the 2017 tax overhaul.

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Dec 19 07:51

Our Global Taxation Nightmare

Dec 17 15:26

CALIFORNIA TAXES

Dec 13 05:37

China Tariffs Are A Regressive Tax On Americans

China tariffs are a regressive tax on Americans — and putting us at risk for a new recession

(*same thing Xi was trying to say six months ago !)

Dec 11 14:45

A conservative case for the carbon tax?

Dec 11 07:59

A Pentagon Famous for “Losing” $Trillions Makes “Accounting Error” and Refuels Saudi Yemen-Bombing Jets for Free

The Pentagon's "accounting error” regarding the refueling of coalition jets in Yemen is just another swindle in a long line of accounting issues from the poshest military in the world

According to a recent report, the Pentagon failed to charge the Saudi Arabia-United Arab Emirates (UAE) coalition waging war in Yemen for the refueling of planes as well as for the fuel itself. As a result of the inadvertent “giveaway,” which the Pentagon has blamed on an accounting error, U.S. taxpayers are believed to have paid as much as tens of millions of dollars towards the coalition’s bombing campaign in Yemen, which has routinely targeted schools, hospitals, weddings, funerals and even a school bus.

The Pentagon’s failure to properly charge the Saudi-Emirati coalition was revealed in a Department of Defense (DoD) letter dated November 27>>>

Dec 10 14:20

Eventually This Had To Happen: France Investigates Russia Over Yellow Vest Riots

France is investigating Russia over the yellow vest riots. Sorry, Macron, please look in the mirror.

Dec 10 14:00

The U.S. Is Paying More Than It Bargained for in the War on Yemen

The Pentagon says that “errors in accounting” mean Saudi Arabia and the United Arab Emirates have not been properly charged for refueling.

President Donald Trump, who repeatedly complains that the United States is paying too much for the defense of its allies, has praised Saudi Arabia for ostensibly taking on Iran in the Yemen war. It turns out, however, that U.S. taxpayers have been footing the bill for a major part of the Saudi-led campaign, possibly to the tune of tens of millions of dollars.

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Dec 09 09:29

France is the new tax hell in Europe and beyond

While the dust has not yet settled in the streets of Paris, after sweeping protests against fuel tax hikes, it just so happens that France has taken the crown from Denmark as the most taxed country in 2017, the OECD found.

Among the 34 developed members of the Organization for Economic Cooperation and Development (OECD), Emmanuel Macron leads the nation with the highest tax-to-GDP ratio, the organization reported. France leads with 46.2 percent of GDP against the average of 34.2 percent of other members, thus dropping the long-standing leader in the rating, Denmark.

The Scandinavian country’s numbers, meanwhile, shrank to 46 percent, down by 0.2 since last year. Sweden, Italy, and Greece round out the top five, while Mexico is the last on the list at 16.2 percent.

Dec 08 11:57

What Ohio’s Tax Gimmick Really Means for the Blockchain Industry

By Max Gulker

Quickly browsing the headlines on November 26, you might be forgiven for having thought some much-needed good news for Bitcoin had hit the wire. “Ohio Becomes First US State to Allow Taxes to be Paid in Bitcoin” was the headline at CoinDesk, echoed in many other media outlets. Even a quick look shows, however, that this was merely a feel-good piece of legislation that bundled a user-friendly cryptocurrency exchange that companies could have easily accessed on their own with electronic tax filing.

But when is a gimmick more than just a gimmick? Behind the tax announcement and a few other seemingly cosmetic measures, Ohio might be communicating something of substance to the nascent blockchain industry...

Dec 06 09:03

How US Military Spending Keeps Rising Even As The Pentagon Flunks It's Audit

flashback;NOVEMBER 27, 2018:The Pentagon’s Massive Accounting Fraud Exposed

On November 15, Ernst & Young and other private firms that were hired to audit the Pentagon announced that they could not complete the job. Congress had ordered an independent audit of the Department of Defense, the government’s largest discretionary cost center—the Pentagon receives 54 cents out of every dollar in federal appropriations—after the Pentagon failed for decades to audit itself. The firms concluded, however, that the DoD’s financial records were riddled with so many bookkeeping deficiencies, irregularities, and errors that a reliable audit was simply impossible.

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(*still , that's no reason to not expect an announcement of a 'rain date' for Trump's Military Parade !)

Dec 06 07:09

US To Send $7,000 Per MINUTE To Israel

The title speaks for itself!
https://www.youtube.com/watch?time_continue=11&v=ONXKxL3px50

A stack of 3.8 billion dollar bills would reach the International Space Station. The new package to Israel will give Israel ten times that much money. An Israeli official gloated that the package was obtained “despite budget cuts, including defense cuts, in the U.S.”

Dec 04 15:13

The Real Significance Of The French Tax Revolt

At some point, it is too much. Just as the citizens suffering under Soviet rule finally said no more, the people suffering under social-democratic rule might someday do the same. Observers have waited decades to see reforms that might forestall such a thing. Reforms haven’t happened. Now the people are in the streets, setting fires and protesting the police. -- And it’s not just France. It’s spreading to Belgium and the Netherlands – the building of a European Spring. -- What we see in Paris today might be the end of social democracy as we know it. What comes in its place is what the battle of ideas today is really about.

Dec 04 09:21

The Real Significance of the French Tax Revolt

By Peter C. Earle

The gilets jaunes (Yellow Jacket) anti-tax riots in France escalated over the past weekend, again citing the impact of higher taxes on fossil fuels – and high levels of taxation in general – on everyday life. French citizens, already subject to the highest taxes in the OECD, are being crushed by both new and systematically increasing taxes, and have taken to the streets by the hundreds of thousands in a “citizen’s revolution”. Recommendations to declare a state of emergency have for the time being been tabled.

With no sense of irony whatsoever, in a press conference on Saturday French President Emmanuel Macron stated: “I will never accept violence.”

Yet violence is the core component of his chosen vocation as a statesman...

Dec 02 17:49

Our deficits may finally be coming home to roost

There are no “free lunches” in fiscal policy. All government spending must be paid for by taxpayers, either today or in the future. The burden of deficit spending may show up as an inflation tax, if the Fed opts to monetize the debt. -- More likely, the burden will fall on future generations that inherit a smaller capital stock and are faced with paying higher tax rates.

Dec 01 11:23

Chicago’s New PlayStation Tax Shows How Greedy Politicians Can Be

By Brittany Hunter

“If it moves, tax it.” That’s government’s eternal motto, as Ronald Reagan quipped. To this, the city government of Chicago has added, “If it amuses, tax it.”

A few weeks ago, PlayStation 4 users in Chicago were shocked when they turned on their consoles and saw a message from Sony. The message informed users that as of November 14, 2018, they would be required to pay a 9 percent “amusement tax” for PlayStation subscriptions such as PlayStation Now, PlayStation Plus, PlayStation Music, and others...

Dec 01 10:24

Escaping the Global Banking Cartel - aantonop


Expanding on an observation from his last talk, Andreas asks why we talk so much about the cartels in drugs and oil, but rarely about one of the largest cartels in the world: banking. He analyses recent (unacknowledged) history with the 2008 financial crisis, the corrupt revolving door with regulators, how kleptocracy is destroying democracy, and why Bitcoin matters as an exit when voice is no longer an option.

Nov 30 04:06

Pro-Israel groups attack Rand Paul for blocking $38 billion to Israel

Free Beacon reports that "pro-Israel groups in America are mobilizing against Sen. Rand Paul (R., Ky.) for blocking the continuation of U.S. aid to Israel." Paul has placed a "block" on legislation to give Israel $38 billion over the next ten years - $23,000 per every Jewish Israeli family of four. This is the largest military aid package in U.S. history ... A block is a legislative procedure in which a senator calls on the floor leader not to move forward with a bill and indicates that the senator may filibuster against it. Jewish News Syndicate reported last week that the American Israel Public Affairs Committee (AIPAC) had sent an action alert to its members calling on them to pressure Paul to remove his block on the bill ... AIPAC has also been purchasing advertisements on Facebook attacking Paul "as the primary Senate force blocking the reauthorization of the U.S.-Israel security pact."
Note: https://ifamericaknew.org/us_ints/introlobby.html 100 million plus!

Nov 28 10:32

Exclusive: The Pentagon’s Massive Accounting Fraud ExposedHow US military spending keeps rising even as the Pentagon flunks its audit.

n November 15, Ernst & Young and other private firms that were hired to audit the Pentagon announced that they could not complete the job. Congress had ordered an independent audit of the Department of Defense, the government’s largest single cost center—the Pentagon receives two of every three federal tax dollars collected—after the Pentagon failed for decades to audit itself. The firms concluded, however, that the DoD’s financial records were riddled with so many bookkeeping deficiencies, irregularities, and errors that a reliable audit was simply impossible.

Webmaster's Commentary: 

This .... is absoflippinglutely unbelievable.

But I will add one caveat here: expect this accountability to be solved.... when pigs discover they are aerodynamic.

Nov 28 05:15

Brace Yourselves: A 163% Meat Tax Could Be Coming

How would you like to pay a 163% meat tax every time you want a steak or a burger? What about when you want some bacon with breakfast, or when you’re craving a ham sandwich?

After much talk, economists and so-called health experts have finally decided what’s best for society: no steak for you!

Do you think you and your family deserve an extra tax for having a steak every now and then? Well, brace yourselves…because social taxes are what’s for dinner.

Nov 26 11:34

The Inversion Agenda

We are now living in the last stage of a plan to invert the individual and society from natural order. The plan will be deemed a success when most human beings on the planet live inverted to their biology and nature, and come to believe that an inverted reality has always been a normal state of affairs.

The elites are performing the inversion to weaken man to such an extent that their rule will never be threatened. In effect, they are creating a permanent slave class that will be as incapable of overthrowing their masters as a herd of cows is incapable of killing the farmer who owns them, even though those cows descended from powerful bulls that could only be handled with specialized training or weapons. There is no better way to weaken humans than to take away their natural strengths, pit them against each other through a multitude of invented identities, and convince them that strength can only come in hedonistic pleasure that focuses around food, entertainment, and sodomy.

Nov 26 10:47

Ohio to accept Bitcoin for tax payments… but DC always wants a cutBy Joe Jarvis - November 26, 2018

But the US government insisted that residents pay the tax not in whiskey, but in coin.

For big commercial distilleries, this wasn’t an issue. Since they sold their whiskey anyway, they had the coin to pay the tax.

But for random Pennsylvanians who brewed whiskey as a way to preserve their grain, this was horribly oppressive. Not only would the government take a portion of their livelihood, but they would force the people to somehow come up with money to pay the tax.

But whiskey was the money for these people. They never planned to sell it. And they couldn’t compete against the big distilleries, which because of scale, had cheaper per gallon costs.

So individuals had to sell some of their whiskey for a loss in order to come up with the coin to pay the tax.

If the government had accepted the actual whiskey as payment for the tax, the injustice wouldn’t have been so intense.

Nov 02 09:45

Federal Land Transfer: Privatization of America's Wealth

Wherever you see a politician or lobbyist who is in favor of transferring public lands out of the federal domain, you will likely see a certain map created and is distributed by the American Lands Council, a Utah-based group that is dead-set against the federal land estate.

The map shows much of the West in blood red ink, according to ALC illustrating the vast reach of the federal government. But that map also fails to tell the truth. For one thing, it’s bright red color is no accident. Red is what psychologists call a “trigger” color. Red is equated with danger, risk and warnings.

Oct 31 17:26

Taxes – Worldwide v Residency

Oct 27 10:36

A Visual Guide to State Taxes

Oct 23 07:47

Hollywood gala raises a record $33 million for IDF

Hollywood A-list actors, politicians and tech moguls came together Thursday to raise a record-breaking $33.5 million for the IDF at a Los Angeles gala fundraiser.
Notable donations made at the event included $10 million from Oracle co-founder Larry Ellison, $5 million from philanthropists Sheldon and Miriam Adelson, $5.2 million from Maurice and Paul Marciano of Guess Jeans, $3.6 million from Cheryl and Haim Saban and $2 million from New York Giants president Steve Tisch.
Note: Tax deductible so indirectly the American tax payer pays for this. What would it take for Americans to get genuinely outraged and take action?

Oct 20 09:52

All transactions to be conducted in the presence of a tax collector

In the terminal collapse of the Roman Empire, there was perhaps no greater burden to the average citizen than the extreme taxes they were forced to pay.

The tax ‘reforms’ of Emperor Diocletian in the 3rd century were so rigid and unwavering that many people were driven to starvation and bankruptcy. The state went so far as to chase around widows and children to collect taxes owed.

By the 4th century, the Roman economy and tax structure were so dismal that many farmers abandoned their lands in order to receive public entitlements.

Oct 18 05:10

The Electric Surtax

Oct 13 11:08

Taibbi: Trump Is Just One Player in a Much, Much Larger Tax Story

“Tax bombshell,” blared Yahoo!

By my count, this was roughly the 4,790th “bombshell” of the Trump presidency, but one of the few to deserve the title. The Times story is an extraordinary piece of investigative reporting and a monument to the kind of work we all should be doing.

The parts I found most interesting were less about the rapaciousness of the Trump family per se than the myriad opportunities for gaming the system one presumes is available to everyone of this income level. The ordinary person cannot hire an outside appraiser to tell the IRS what it thinks he or she is worth, but the Trumps could systematically undervalue their properties for tax purposes (and then go back and overvalue them when it served their public relations needs).

Oct 13 10:23

Outside In: The Trump administration’s plan to remake the Middle East

The only promise that is new about the promised peace plan is the way it will be forced on the Palestinians: no one has promised that the plan itself will be new. With Saudi Arabia and Egypt—the outside—brought onside with the promise of continued military aid despite their crimes against humanity and violations of international law and the Palestinians weakened by being silenced, economically crushed and stripped of any friends to help them, the United States and Israel are now free to attempt to impose a peace plan on the Palestinians.

Oct 12 09:30

Why we joined the ‘surcharge’ lawsuit

Shakespeare said that a rose by any other name would smell as sweet — proof that he wasn’t a lawyer … or a politician. Either of them would tell you that a “surcharge” smells a lot better to voters than a “tax.”

And that’s one of the problems with the ballot measure to raise taxes for public education.

The actual wording of the proposal that goes before Hawaii voters Nov. 6 is, “Shall the legislature be authorized to establish, as provided by law, a surcharge on investment real property to be used to support public education?”

You’ll notice that not only does it not define the term “investment real property” or what precisely will be funded in public education, but it also doesn’t use the word “tax.”

That may seem like a little thing, but consider if the question was worded more accurately: “Shall the legislature be given a new constitutional power to raise taxes on real property for state use?”

Oct 03 01:00

New York Investigators Launch Probe to Review Tax Fraud Allegations Encircling Trump

SPUTNIK INTERNATIONAL: Investigators from the New York State Department of Taxation and Finance launched a review this week after a Tuesday New York Times article claimed that Donald Trump and his family had engaged in fraudulent tax activities for decades. The White House said that the report was "misleading".

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(*in line with my 'Keep The Mindset Where It Was Prior To The 2016 Election' theory . This should amount to the semblance of a Shoe In victory for potus Trump . The hardest part will be making it look like it's hard to deal with, and taking it's toll on the embattled victim .
Rachel Maddow Set The Record Straight On Trump Tax Returns)

Sep 30 06:02

With Nation Transfixed By Kavanaugh Monstrosity, House GOP Votes to Give Rich Another $3 Trillion in Tax Cuts

***
n less than a year, House Republicans have handed out trillions of tax cuts for the wealthy and big corporations. Now, middle class families are on the hook for higher healthcare costs, and Medicare and Social Security on the chopping block."
—Rep. Richard Neal

"Today the GOP doubled down on last year's giveaway to the donor class known as the Tax Cuts and Jobs Act," Morris Pearl, chair of the Patriotic Millionaires, said in a statement following the 220-191 vote. "Tax Cuts 2.0 gives nearly $3 trillion to the wealthiest Americans, and will become yet another excuse for Republicans to slash Medicare and Social Security."

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(*Click HERE! For your FOX fact check verification)

Sep 26 23:43

Debt Rises: The Government Will Soon Spend More On Interest Than on The Military

As debt and interest rates rise, the government is about to be in a disastrous situation. Very soon, they will spend more money paying interest on the national debt than they will on the bloated military budget.

Sep 26 13:17

America is So Free the Average Family Has to Spend More on Taxes than on Food and Clothing

The financial enslavement of the American people (and the rest of the world) is nearly complete.

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