A Taxing Problem And A Simple Solution.

November 10, 2013November 9, 2013 fasab Current Events, Politics, Rants 000 pages long, 10 cents per euro, 10p a pound, 74, allocated, allowances, apportioned, bureaucrats, complicated, complicated loopholes, Current Events, decipher, deductions, eliminated items, Europe, excluded income, excluded items, exempt income, governments, haywire, little empires, lying, Misc, Miscellaneous, more revenue, only rule, Opinion, pay 10 cents on every dollar, percentage of sales tax, politicians, politics, precise rules, qualified accountants, Rants, reduced collection cost, rule, sales tax, scale of the problem, simple way, stupid, stupid people, stupidity, system, tax free allowance, tax regulations, tax returns, taxation, taxing problem, the revolution, Thoughts, too long, transparent, US Tax Code, VAT

“Fight Against Stupidity And Bureaucracy”

The Sunday Sermon

Taxation is a perfect example of how the politicians and the bureaucrats have made things go haywire.

Such a monstrous collection of tax regulations has been accumulated over the years that even qualified accountants cannot properly decipher them.

There are allowances for this…. but not that…. except you can have it for that too…. but only if you do this first……

There are ‘eliminated items’ which may not be the same as ‘excluded items’, which is different from ‘excluded income’, not to be confused with ‘exempt income’, all of which you can have as deductions as long as everything has been ‘apportioned’ and/or ‘allocated’ according to the precise rules……… and on and on and on and on it goes.

US Tax Code size

Just to give you an idea of the scale of the problem and to prove that I am not exaggerating in the slightest, the current US Tax Code is now well over 70,000 pages long. That’s about 185 times longer than it was in 1913, when the code was 400 pages and still far too long and complicated at that!

If you are an Apple or a Google or an Exxon and have a multi-billion dollar war chest you can buy the best professional experts and end up paying little or no tax at all. On the other hand if you are Joe Average you’ve got no chance!

Is there a better way?

I think so. For sure there isn’t a worse way!

It’s not a new idea, but as the system gets more and more complicated, it makes more and more sense to change it.

So why don’t we have a certain tax free allowance of $30,000 or $50,000 or whatever for annual exempt income, and pay 10 cents on every dollar we earn above that (or 10p a pound or 10 cents per euro) and leave it at that?

If that was the rule, and the only rule, everyone could do their tax returns easily, everything would be transparent, there wouldn’t be any complicated loopholes and no one would feel aggrieved because we are all being treated equally. And I think the governments would actually net a lot more revenue at a much reduced collection cost.

Too easy? Can’t be done like that?

That’s what the bureaucrats say, but as usual they are lying. They just don’t want their little empires reduced.

Of course it can be done the simple way. If fact although we don’t notice it, we see it done every day like that with sales tax. You buy something for a dollar and you pay your percentage of sales tax. (VAT they call it in Europe).

Easy. Simple. Everyone knows what they have to pay and why they have to pay it.

It will never happen of course. Not while the bureaucrats remain in charge and the politicians are bought and paid for.

Not until the revolution – if there ever is another one.

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Thou Shalt Not Steal (Exodus 20:15)

March 18, 2013 fasab bankers, banking, Banks, Current Events, Factoids, Politics, Rants, Uncategorized against the law, bailout, bank, bank account, bank accounts, Banks, banksters, bureaucrats, conspired in secret, Current Events, Cypriot parliament, Cyprus, debt, desperate Western governments, economies, education, electronically stored numbers, environmental issues, EU, EU bureaucrats, events, government, government stooges, governments, grand theft, incompetent management, intent, Misc, Miscellaneous, new taxes, Opinion, politics, precedent, punishable by imprisonment, raising taxes, Random, Rants, rob, rule, savings accounts, savings deposits, seized, Seventh Commandment, stolen, stupid policies, technology, Ten Commandments, testing the water, the Bible, the western world, theft, there for the taking, thieves, Thou Shalt Not Steal, Thoughts

“Fight Against Stupidity And Bureaucracy”

The Bible (Exodus 20:15) tells us that one of God’s Ten Commandments is that “Thou Shalt Not Steal”, and it is a rule that has been adopted almost universally. Theft is against the law and is punishable by imprisonment, or in some countries harsher treatment.

And rightly so.

I’ve written in this blog before about the fact that I hate thieves.

Maybe that’s part of what gets me so riled up about the banksters and the government stooges who won’t go after these thieves.

But it seems now that the governments themselves are testing the water for a grand theft of their citizens’ money.

I don’t just mean raising taxes, or hyping up environmental issues so they can bring in new taxes to eradicate problems that they themselves have created.

Yes, they are doing that, but it isn’t enough.

Governments throughout the western world have amassed so much debt by stupid policies and incompetent management of their economies that they are now contemplating out and out theft of YOUR money!

Don’t believe me?

Witness the goings on the other day with Cyprus and the EU.

If you haven’t heard, it all started Saturday when the people of Cyprus discovered that their government and a bunch of EU bureaucrats had conspired in secret to rob their savings accounts to pay for the country’s bailout.

Anyone with savings accounts of over 100,000 euros are to have 9.9% of its value seized, and those with less than 100,000 euros will have 6.75% stolen.

In other words if you are a Cypriot and have been careful and frugal with your money, as opposed to amassing large personal debt on credit cards and loans, you are to be punished by the government.

It all needs to be ratified by the Cypriot parliament, but whether or not they approve it on this occasion, the thinking and intent of the bureaucrats is clear.

They want to steal your money!

This is a big step. Previously raiding savings deposits was unheard of and unthinkable. Now it is an option that is very much on the agenda for desperate Western governments.

So be warned. If they set a precedent in Cyprus it could, and probably will, happen elsewhere.

And with the advance of technology it is soooo easy for governments to steal your money. If it is in a bank account it is just electronically stored numbers, there for the taking, or rather, the changing.

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Some Important Questions For The New Congress To Consider

November 13, 2012 fasab comedy, Humour, Questions, Uncategorized, Unusual between a rock and a hard place, blue, bureaucracy, butterflies, calculator, caterpillar, church, coined the phrase, Comedy, congress, deer, dehydrated plums, dyslexic, Entertainment, exception, exception to every rule, faith, Freddy Krueger, freezer, fridge, funeral, funny, happy, head over heels, Humor, Humour, important questions, light in the fridge, lightning rod, mail, male ballerinas, Misc, Miscellaneous, Musings, numbers on calculator, numbers on phone, pet, phone, plum, postman, prune juice, prunes, questions, Random, refrigerator, rule, steam, steam rollers, steamrollers, stupid people, stupidity, Thoughts, toilet bowl, toilet bowl cleaner, vice-versa, wipe his butt

“Fight Against Stupidity And Bureaucracy”

When the new Congress gets itself organized (don’t hold your breath) here are a few important questions I think they should address. The people deserve to know the answers. We have been ignored for far too long!

What do you call male ballerinas?

How does Freddy Krueger wipe his butt? (Ouch!)

Why are the numbers on a calculator and a phone reversed?

(This one in particular has annoyed me for years!)

Do butterflies remember life as a caterpillar?

Why do people constantly return to the refrigerator with hopes that something new to eat will have materialized?

Does the postman deliver his own mail?

Why is toilet bowl cleaner almost always blue in color?

Where do people in Hell tell other people to go?

Is ‘vice-versa’ to a dyslexic just plain redundant?

How come you can kill a deer and put it up on your wall, but it’s illegal to keep one as a pet?

Why do we say we’re head over heels when we’re happy? Isn’t that the way we normally are?

If prunes are dehydrated plums, where does prune juice come from?

Is it appropriate to say ‘good mourning’ at a funeral?

If there is an exception to every rule, is there an exception to that rule and therefore a rule that there is no exception to and does that mean there is not an exception to every rule, or that there is?