Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Thursday, July 7, 2011

without question, a clusterfuck.

Saw this recently on Greg Hagin's tumblr blog, Blisstortion (which is awesome), a quote from a Mother Jones piece. Sums it up quite nicely. - sj
"Republicans got the tax cuts they wanted. They got the financial deregulation they wanted. They got the wars they wanted. They got the unfunded spending increases they wanted. And the results were completely, unrelentingly disastrous. A decade of sluggish growth and near-zero wage increases. A massive housing bubble. Trillions of dollars in war spending and thousands of American lives lost. A financial collapse. A soaring long-term deficit. Sky-high unemployment. All on their watch and all due to policies they eagerly supported. And worse: ever since the predictable results of their recklessness came crashing down, they’ve rabidly and nearly unanimously opposed every single attempt to dig ourselves out of the hole they created for us."
Here's the whole/short piece, from Mother Jones: What if You Held a Class War and No One Showed Up?

Wednesday, January 26, 2011

Ghandi, Stephen Colbert, Jesus Christ, & the GOP.

Stephen Colbert is one of the greatest comedians, simplifiers and messengers of my generation. This video proves it. Here are two quotes from this 4-minute clip.

"If this is going to be a Christian nation that doesn't help the poor, either we have to pretend that Jesus was just as selfish as we are, or we've got to acknowledge that He commanded us to love the poor and serve the needy and then admit that we just don't want to do it."

"Jesus was always flapping his gums about the poor, but not once did he call for tax cuts for the wealthiest two percent of Romans."

(damn embed code is broken from Colbert site, so all I can do is link it for now; click HERE, nonetheless, and watch. it kills!)

Perhaps Mahatma Ghandi said it best:
"I like your Christ. I do not like your Christians.
Your Christians are so unlike your Christ."

Wednesday, September 29, 2010

Eat the Rich: Bill Maher's "New Rule: Rich People Who Complain About Being Vilified Should be Vilified"

He consistently nails it. Whatever the 'it' is. This New Rule from his recent "Real Time with Bill Maher" -sj

New Rule: The next rich person who publicly complains about being vilified by the Obama administration must be publicly vilified by the Obama administration. It's so hard for one person to tell another person what constitutes being "rich", or what tax rate is "too much." But I've done some math that indicates that, considering the hole this country is in, if you are earning more than a million dollars a year and are complaining about a 3.6% tax increase, then you are by definition a greedy asshole.

And let's be clear: that's 3.6% only on income above 250 grand -- your first 250, that's still on the house. Now, this week we got some horrible news: that one in seven Americans are now living below the poverty line. But I want to point you to an American who is truly suffering: Ben Stein. You know Ben Stein, the guy who got rich because when he talks it sounds so boring it's actually funny. He had a game show on Comedy Central, does eye drop commercials, doesn't believe in evolution? Yeah, that asshole. I kid Ben -- so, the other day Ben wrote an article about his struggle. His struggle as a wealthy person facing the prospect of a slightly higher marginal tax rate. Specifically, Ben said that when he was finished paying taxes and his agents, he was left with only 35 cents for every dollar he earned. Which is shocking, Ben Stein has an agent? I didn't know Broadway Danny Rose was still working.

Ben whines in his article about how he's worked for every dollar he has -- if by work you mean saying the word "Bueller" in a movie 25 years ago. Which doesn't bother me in the slightest, it's just that at a time when people in America are desperate and you're raking in the bucks promoting some sleazy Free Credit Score dot-com... maybe you shouldn't be asking us for sympathy. Instead, you should be down on your knees thanking God and/or Ronald Reagan that you were lucky enough to be born in a country where a useless schmuck who contributes absolutely nothing to society can somehow manage to find himself in the top marginal tax bracket.

And you're welcome to come on the show anytime.

Now I can hear you out there saying, "Come on Bill, don't be so hard on Ben Stein, he does a lot of voiceover work, and that's hard work." Ok, it's true, Ben is hardly the only rich person these days crying like a baby who's fallen off his bouncy seat. Last week Mayor Bloomberg of New York complained that all his wealthy friends are very upset with mean ol' President Poopy-Pants: He said they all say the same thing: "I knew I was going to have to pay more taxes. But I didn't expect to be vilified." Poor billionaires -- they just can't catch a break.

First off, far from being vilified, we bailed you out -- you mean we were supposed to give you all that money and kiss your ass, too? That's Hollywood you're thinking of. FDR, he knew how to vilify; this guy, not so much. And second, you should have been vilified -- because you're the vill-ains! I'm sure a lot of you are very nice people. And I'm sure a lot of you are jerks. In other words, you're people. But you are the villains. Who do you think outsourced all the jobs, destroyed the unions, and replaced workers with desperate immigrants and teenagers in China. Joe the Plumber?

And right now, while we run trillion dollar deficits, Republicans are holding America hostage to the cause of preserving the Bush tax cuts that benefit the wealthiest 1% of people, many of them dead. They say that we need to keep taxes on the rich low because they're the job creators. They're not. They're much more likely to save money through mergers and outsourcing and cheap immigrant labor, and pass the unemployment along to you.

Americans think rich people must be brilliant; no -- just ruthless. Meg Whitman is running for Governor out here, and her claim to fame is, she started e-Bay. Yes, Meg tapped into the Zeitgeist, the zeitgeist being the desperate need of millions of Americans to scrape a few dollars together by selling the useless crap in their garage. What is e-Bay but a big cyber lawn sale that you can visit without putting your clothes on?

Another of my favorites, Congresswoman Michele Bachmann said, "I don't know where they're going to get all this money, because we're running out of rich people in this country." Actually, we have more billionaires here in the U.S. than all the other countries in the top ten combined, and their wealth grew 27% in the last year. Did yours? Truth is, there are only two things that the United States is not running out of: Rich people and bullshit. Here's the truth: When you raise taxes slightly on the wealthy, it obviously doesn't destroy the economy -- we know this, because we just did it -- remember the '90's? It wasn't that long ago. You were probably listening to grunge music, or dabbling in witchcraft. Clinton moved the top marginal rate from 36 to 39% -- and far from tanking, the economy did so well he had time to get his dick washed.

Even 39% isn't high by historical standards. Under Eisenhower, the top tax rate was 91%. Under Nixon, it was 70%. Obama just wants to kick it back to 39 -- just three more points for the very rich. Not back to 91, or 70. Three points. And they go insane. Steve Forbes said that Obama, quote "believes from his inner core that people... above a certain income have more than they should have and that many probably have gotten it from ill-gotten ways." Which they have. Steve Forbes, of course, came by his fortune honestly: he inherited it from his gay egg-collecting, Elizabeth Taylor fag-hagging father, who inherited it from his father. Of course then they moan about the inheritance tax, how the government took 55% percent when Daddy died -- which means you still got 45% for doing nothing more than starting out life as your father's pecker-snot.

We don't hate rich people, but have a little humility about how you got it and stop complaining. Maybe the worst whiner of all: Stephen Schwarzman, #69 on Forbes' list of richest Americans, compared Obama's tax hike to "when Hitler invaded Poland in 1939." Wow. If Obama were Hitler, Mr. Schwarzman, I think your tax rate would be the least of your worries.

Thursday, April 15, 2010

"we don't want out government doing ANYthing for us!" *

*actual quote from a libertarian at a Glenn Beck rally earlier this year. some poor soul said the same exact thing at a tea party rally earlier today.

see earlier cx3 post for a 1 minute clip of "Somalia: Libertarian Paradise!"

Thursday, May 21, 2009

Read it and fucking weep: unemployment to peak above 10% next year


No one has been more accurate during the last decade than the Congrssional Budget Office, with regards to accounting for where the government's cash is going, what it takes to pay for everything, unemployment/job loss numbers, predictions looking forward on what money will be left, what will be needed, and "all-things US economy." So, here you go. - sj

U.S. unemployment likely to peak above 10 percent: CBO

Thu May 21, 2009 10:24am EDT

WASHINGTON (Reuters) - The U.S. economy will likely start growing again in the second half of this year but unemployment will likely keep rising through 2010 to peak over 10 percent, the Congressional Budget Office said on Thursday.

"The growth in output later this year and next year is likely to be sufficiently weak that the unemployment rate will probably continue to rise into the second half of next year and peak above 10 percent," CBO Director Douglas Elmendorf said in prepared testimony to the U.S. House Budget Committee.

It will likely take several years for the unemployment rate to fall back to levels seen before the recession hit, in the neighborhood of 5 percent, he said in the prepared remarks.

(Reporting by Jeremy Pelofsky)

Saturday, May 16, 2009

What if your taxes + Government COULD take care of your most important needs? They do in these countries!


This is a quick, good, enlightening read, especially for those who attend tea-bag parties or think socialist ideals or higher taxes are bad. See, as Americans, even if we know where all the taxes we pay actually go, surely we can agree we're not getting back what we pay for. That is not the case in most of these top 10 happiest countries. (clik on title of this post for original story). - sj

The Top 10 Happiest Countries in the World

May 15th, 2009
The happiest taxes on earth
More people are satisfied in heavily tariffed nations
By Thomas Kostigen, MarketWatch

Northern Europeans are the happiest people on the planet, according to a new survey. The Organization for Economic Cooperation and Development says people in Denmark, Finland and the Netherlands are the most content with their lives. The three ranked first, second and third, respectively, in the OECD's rankings of "life satisfaction," or happiness.

There are myriad reasons, of course, for happiness: health, welfare, prosperity, leisure time, strong family, social connections and so on. But there is another common denominator among this group of happy people: taxes.

Northern Europeans pay some of the highest taxes in the world. Danes pay about two-thirds of their income in taxes. Why be so happy about that? It all comes down to what you get in return.

The Encyclopedia of the Nations notes that Denmark was one of the first countries in the world to establish efficient social services with the introduction of relief for the sick, unemployed and aged.

It says social welfare programs include health insurance, health and hospital services, insurance for occupational injuries, unemployment insurance and employment exchange services. There's also old age and disability pensions, rehabilitation and nursing homes, family welfare subsidies, general public welfare and payments for military accidents. Moreover, maternity benefits are payable up to 52 weeks.

Simply, you pay for what you get. Taxes in the U.S. have taken on a pejorative association because, well, we are never really quite sure of what we get in return for paying them, other than the world's biggest military.

Healthcare and other such social services aren't built into our system. That means we have to worry more about paying for things ourselves. Worrying doesn't equate to happiness.

The U.S. ranked 11th on the OECD list. In addition to the top three, we were beat out by Sweden, Belgium, Canada, Australia, New Zealand, Switzerland and Norway. To be sure, we were ahead of France, Great Britain, Japan and China, among many others. But we can do better.

With the highest gross domestic product in the world, we are the richest country. On a per capita basis, though, we don't even make the top 10. The U.S. ranks 15th in this category, according to the International Monetary Fund.

Denmark -- maybe because they are happy -- ranked fifth. Other, more "satisfied" countries also earn more on an individual income basis. Oh yes, and the average workweek in Scandinavian countries is less than the U.S.'s

We need to take better care of ourselves.

It may not just be taxes, of course, that lead to happiness. There are other factors to consider. But better social services and less worry about having to pay for things such as medical bills, retirement and education do help with the happiness factor.

Yet, we are so dead set against paying more taxes that it's even spawning nationwide protests. Tea party, anyone?

Maybe it's time that we looked at taxes differently. We have to pay them anyway. So they might as well make us happy. If Northern Europe is any benchmark, the more we'd pay the happier we just may be.

Tuesday, February 24, 2009

Smoke This Recession

Mark Morford's one of the best current event/news/political/social writers and commentators in America now. He has been for years. He's witty, simple, serious and fun. If there is another person out there who I agree with more on a myriad of topics, issues and concerns, I don't know who he or she is. You can read his weekly posts and a long list of archives by clicking on his link/page on the left sidebar. sj

By Mark Morford, SF Gate Columnist
Friday, February 20, 2009

It's simple: First we tax the booze. Then we legalize the pot. Done.

It is a time of strange bedfellows and bizarre contortions and extraordinary responses to extreme situations, all overslathered with gobs of panic and dread and oh my God, I might have to sell the Range Rover.

In other words, it is a time -- like you don't already know -- of plentiful alarmist rhetoric, resulting in weird outbursts of ingenuity and wanton ethics-loosening, all in a desperate effort to suck up some much-needed cash.

Translation: Money's tight, baby. City's in trouble. State's deep in the hole. Nation's broke.

Solution? Upend the system. Think differently. Get creative. Demolish Ye Olde Ways. And maybe get a really nice buzz on while you're at it.

Where to begin? How can the city/state refill their empty coffers and further gouge the populace to make ends meet? Increased bridge tolls? A new per-mile driving tax? Heavier parking fines? State parks abandoned and left to seed? Child's play, darling.

You want to raise funds in an instant? You want a sure-fire, double-barreled source of nearly limitless funds from a wary, burned-out citizenry? That's easy. Go after its biggest vices, its most beloved balms.

Up first: booze. Already local governments are quietly proposing jacking up the alcohol tax and loosening sales restrictions because, well, why the hell not? Aren't you, right this very moment, as you prepare your taxes and weep over your gutted portfolio and stare down one very bleak 2009, more in need of a drink or three than at any time in recent history except for the entirety of the last eight miserable, Bush-stabbed years? Well, there you go. Tax increases on cocktails, here they come.

But it's not just governments. Check out the happily shameless TV networks who, for the first time in a whocares number of years, are allowing ads for alcohol and K-Y lube during prime-time programming. Oh the outrage! Oh the debauchery! Who, pray who, will protect the children? Oh wait, the children are out buying daddy some more beer and applying for a job at Starbucks to help pay rent. Never mind.

New taxes on the other Great American vices: porn, gambling, prescription meds, pro sports, obesity, Miley Cyrus? Watch for it.

Now, let's get serious. Because there are, of course, bigger fish to fry in the sea of potentially lucrative, all-American inebriates. There is a far more potent, obvious solution to the state's budget woes, a huge, untapped revenue source, and now might be the perfect time to, you know, light it up.

Really now, could there be a better time to decriminalize/fully legalize pot? Or, more fully, to decriminalize pot, and then spread respectable pot shops and vending machines and dispensaries far and wide, instill quality control and decent oversight and then tax the living hell out of the glorious, stress-reducing goodness, as we stop wasting billions fighting its grand ubiquity and instead sink into profitable pools of warm, hazy progress? Don't you already know the answer?


It's difficult to imagine that some intrepid legislator hasn't already walked into Arnie "Pot is not a drug" Schwarzenegger's office and said, "Governator, now is the time. Light it up. Inhale the new reality. Pot is, by a huge margin, the single largest cash crop in the state unless you count porn stars and celebrity rehab. It rakes in upwards of $14 billion a year -- maybe a lot more than that -- and that's just from five clever hippies and a couple intrepid grandmas in Ukiah. Imagine what we could do if we went all-in."

Are the discussions ongoing? Are they passing the bong of possibility around the state Senate chambers? You're damn right they are. What's holding them back? Probably the usual: the negative PR, looking "soft" on crime, encouraging permissiveness, pressure from prison lobbies, and so on. Don't worry, Sacramento. Everyone's already plenty drunk/high on prescription meds trying to alleviate fears of losing their job to care about that nonsense right now. Get to it.

There won't be much pushback from D.C. President Obama's already stated that his upcoming appointee to head the DEA is going to knock it the hell off with the insidious raids of harmless medical pot shops in California, and wants to quit using federal resources to bash hippies and circumvent state laws.

Look. Is there really anyone left who doesn't already know the "War on Drugs" is a pathetic joke, an abject failure and a taxpayer nightmare, and the only reason it survives at all is to fund the CIA and fellate the prison guard unions and support a shameful prison system, and to let politicians say they're "tough on crime" so they can to deflect all those uninformed parents who relentlessly whine about pot in public schools just before dashing off a wine-tasting party to snort a nice line of Bolivian coke?

Anyone left, furthermore, who doesn't know that pot is far safer than booze, less addictive, nonviolent, more transportable, easier to light, and generally won't interfere with your ability to crawl across the carpet and lick cookie crumbs from your lover's thighs? And sure, while heavy, daily usage can make you slow and stupid and rather useless to the world, well, so can a six-pack of Diet Dr. Pepper and six hours of TV every day. Gateway drug? That's on Channel 2, right after "Oprah."

And another thing. Maybe it wouldn't be merely tax 'n' puff. Maybe California, already the pot-growing capital of the nation, could become something more. A hub. A world-class research center. Pot education, study, medicine, import/export, the works. We could ship our crop to various nations in desperate need of chilling the hell out, like Israel. Palestine. Pakistan. Russia. The N-Judah on a Friday afternoon. We could become the largest research and manufacturing center in the world. How proud we would be. You know, sort of.


Let's phrase this grand scenario in another way: Why the hell not try it? What have we got to lose? What, we could go more broke? We could get more desperate and anxious? Fact is, economic nightmares need not breed only miserable stories of lost homes and lost jobs and shuttered businesses. They can also spawn creative solutions, innovative thinking, widespread munchies. Now is the time.

Let's not get carried away. Pot's only one little inebriate, one mild and -- let's just admit it -- relatively boring feel-good plant. California is $40 billion in debt and we're running low on water and we can't give away those hideous tract developments out in Stockton. Milking the pot cow for all she's worth might net us, at best, a few billion a year. To get out of this massive hole, we'd have to legalize Ecstasy too. (Someday, honey, someday).

But it's something. It's radical new thinking that's not the slightest bit radical, or new, and in fact the notion is now even more obvious than it's been for the past 30 years. What are we waiting for? A match?