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CommentsDisplaying Cat's 10 most recent comments.

• Ex-Treasury Secretary: We Really Need to Do Something About This ‘Monstrous’ Tax Code

  August 19, 2012 at 6:34pm

  In reply to ALL-IN.

  All >

  If you’re strictly living off your savings account interest, your argument makes sense

  However, if you’re only living off your savings, and you don’t collect any SS benefits, you must have at least $1mil in some sort of reserve, such as a passbook savings acc, to pull $10,000 a month (before taxes) in interest these days, or deplete your reserve by as much as you need over your budget to live on each month.

  In a NO income tax scenario; There would be no tax on your investment income, or interest income, or income from rental property, inheritance, sales of real estate, likewise none on your SS receipts or any insurance policy whether it be a disability payment, or a life insurance dividend or royalties, or corporate income tax, if you own a business. There simply is NO income tax, on ANY income.

  If you’ve read my “less then 1500 character” posts over the last year on this subject, you’d understand this position. We need to force this government to comply with our constitution and stop ruining our lives, depleting our liberty and stripping us of our freedom.

  We don’t have a society in decline, we have a government collective in decline.

• Ex-Treasury Secretary: We Really Need to Do Something About This ‘Monstrous’ Tax Code

  August 18, 2012 at 10:33pm

  In reply to Grand design.

  Grand >

  Written extensively about this

  In exchange for an income tax
  Reduce EPA funding by 70%
  (No ifs, ands, or buts … Got it?, Get it? Good)
  Now we move forward
  IRS employees are now OUR bookkeepers
  No income, SS or FICA taxes, that means NO taxes AT ALL on income or payroll
  Wipe all current federal sale taxes on goods and services, period, no excuses
  Repeal the AAHCA in total
  Pay attention folks
  Impose a 12% sales tax on goods and services
  Tax all levels except real property and healthcare, that means anything purchase to maintain real property, including leased government buildings on leased land (yes, they do exist)
  There will be no tax on anything associated with medical including health insurance
  No funding for abortion, we’re people, we propagate, we grow, period
  No death tax or inheritance tax, it’s OUR wealth, not the government’s wealth
  Monsanto & Cargil … You’re next
  You make a deal with our government to patent food products without our knowledge, you loose your land to the highest bidder, and if we find you purchased a firm to bid on that land, you’re fined and the money is returned directly to the people via our new bookkeepers, NOT via the government
  Lawyers, get use to it, it’s the United States of America, we’re not your legal playground
  You want control over your government folks, get serious, and get it done.
  Fire the jackass in the White House and Get your Senate & House back in order

• Ex-Treasury Secretary: We Really Need to Do Something About This ‘Monstrous’ Tax Code

  August 18, 2012 at 9:27pm

  In reply to Cat.

  Shut down the hot tub
  Drained the pool and filled it with soil
  Sold the Koi, turned off the pump and filled the pond
  Professionally stored two cars on jacks in the garage
  Titled two autos to the kids
  Mow my own property
  Grow my own vegetables
  Feed my own chickens, eat them as well as the eggs
  Cut my own trees
  Paint my own house
  Clean my own house
  Fix my own plumbing and electrical
  Hang my own doors
  Fix my own roof
  (BTW, HVAC people got that service industry wrapped up tightly)
  After 44 years of producing, I quit
  Haven’t filed an IRS form in two years
  The government just lost 50% of my income
  Looking forward to learning about tax law and how to shut the IRS down
  While others pay for my incarceration

• Ex-Treasury Secretary: We Really Need to Do Something About This ‘Monstrous’ Tax Code

  August 18, 2012 at 8:40pm

  In reply to Cat.

  Slayer >

  Yes …

• Ex-Treasury Secretary: We Really Need to Do Something About This ‘Monstrous’ Tax Code

  August 18, 2012 at 7:55pm

  In reply to chips1.

  Gray >

  We are for a fact, still around …

• Ex-Treasury Secretary: We Really Need to Do Something About This ‘Monstrous’ Tax Code

  August 18, 2012 at 7:46pm

  Think of it this way …

  The pencil’s short list

  Cedar Tree farmer (pencil body)
  Rubber tree farmer (pencil eraser)
  Spruce and pine tree farmer (packaging goods)
  Wood processor (pencil body)
  Graphite Miner (pencil’s lead)
  Graphite & binder processors (graphite binder)
  Metal miner (used for the pencil’s ferrule)
  Metal ferrule manufacturer
  Metal fabricator
  Ground, sea & air shippers (to and from the pencil factory)
  Paper packaging manufacturer
  Glue maker (used in the pencil and in packaging)
  Packaging fabricator
  Pencil fabricator
  Manufacturer’s insurance (all above)
  Wholesaler
  Retailer
  Employees
  Consumers
  Garbage collection services (on all the above)

  All the above pay taxes and/or fees on land, machinery, payroll, health & safety, professional licensure, etc. on local, state, regional and federal levels
  And, on top if it all, the EPA charges everyone in the chain multiple fees
  Then, the pencil is, sharpened, bitten, and tossed aside

• Ex-Treasury Secretary: We Really Need to Do Something About This ‘Monstrous’ Tax Code

  August 18, 2012 at 6:49pm

  In reply to Darmok and Jalad at Tanagra.

  “Render unto Caesar the things which are Caesar’s, and unto God the things that are God’s”
  Jesus may have intended the statement to mean, give Caesar nothing, because he can’t take something that is not his …

• Ex-Treasury Secretary: We Really Need to Do Something About This ‘Monstrous’ Tax Code

  August 18, 2012 at 6:38pm

  In reply to LuvntheBIGsites.

  Read folks:

  http://www.fairtax.org/site/PageServer?pagename=about_main

  Even wrote Marco Rubio before he became Senator about shutting down the IRS
  His was response was typical …
  Aint’ gonna happen, Bucko

• Ex-Treasury Secretary: We Really Need to Do Something About This ‘Monstrous’ Tax Code

  August 18, 2012 at 6:06pm

  In reply to LuvntheBIGsites.

  Actually, the 1913 tax code was written to tax foreign corporations and some individuals when doing business inside the USA.
  Generally it was a tariff.
  As it stands now, the Federal Reserve is nothing more then organized crime using the IRS as their hit men.
  They are literally stealing from the workers to support a few banks using fiat money
  It is a scam
  It’s how the Knights Templar became so wealthy
  Print it, loan it, charge interest

  There are politicians who quietly want both an income tax AND a VAT
  They are beating their brains out trying to figure out a way to fool us into swallowing both types of taxes.

  It’s all about stealing everything …

• Ex-Treasury Secretary: We Really Need to Do Something About This ‘Monstrous’ Tax Code

  August 18, 2012 at 5:44pm

  Finally, Paul got my memo …