Unleashing the Great American Stupid
- Thread starter Kreskin
- Start date
I actually do think there are some honest members of congress but I think they would be young and not yet exposed to all the temptations of the corporate world.
I guess no one told Smack that he had to pull his head out of his butt in order to see what is going on.
Trump is in the opinion of many mentally unstable
As for Canada you are really insulting Canadians
as they by and large approve of the two against a
sinister little control freak the former Canadian PM
As for Canada you are really insulting Canadians
as they by and large approve of the two against a
sinister little control freak the former Canadian PM
There are a few on these boards who somehow feel they can relate to the Trumps and other Billionaires and feel that their pain is indeed their pain.
All except Sanders don't talk about tax cuts for the average person and all of the Repubs who have put out their 'Fiscal Plans' have been summarily ridiculed as to how those plans favour the nobility.
A piece in today's New York Times explores what it describes as a "private tax system" that saves America's richest of the rich billions on their tax bills every year.
The article points out that the tax burden on the wealthiest has fallen from 27% during the Clinton years to 17% during Obama's tenure and, if Congressional Republicans have their way, it may soon be whittled down to just 10%.
So much for democracy............
The hedge fund magnates Daniel S. Loeb, Louis Moore Bacon and Steven A. Cohen have much in common. They have managed billions of dollars in capital, earning vast fortunes. They have invested millions in art — and millions more in political candidates.
Moreover, each has exploited an esoteric tax loophole that saved them millions in taxes. The trick? Route the money to Bermuda and back.
With inequality at its highest levels in nearly a century and public debate rising over whether the government should respond to it through higher taxes on the wealthy, the very richest Americans have financed a sophisticated and astonishingly effective apparatus for shielding their fortunes. Some call it the “income defense industry,” consisting of a high-priced phalanx of lawyers, estate planners, lobbyists and anti-tax activists who exploit and defend a dizzying array of tax maneuvers, virtually none of them available to taxpayers of more modest means.
All are among a small group providing much of the early cash for the 2016 presidential campaign.
Operating largely out of public view — in tax court, through arcane legislative provisions and in private negotiations with the Internal Revenue Service — the wealthy have used their influence to steadily whittle away at the government’s ability to tax them. The effect has been to create a kind of private tax system, catering to only several thousand Americans.
The ultra-wealthy “literally pay millions of dollars for these services,” said Jeffrey A. Winters, a political scientist at Northwestern University who studies economic elites, “and save in the tens or hundreds of millions in taxes.”
Some of the biggest current tax battles are being waged by some of the most generous supporters of 2016 candidates. They include the families of the hedge fund investors Robert Mercer, who gives to Republicans, and James Simons, who gives to Democrats; as well as the options trader Jeffrey Yass, a libertarian-leaning donor to Republicans.
Mr. Yass’s firm is litigating what the agency deemed to be tens of millions of dollars in underpaid taxes. Renaissance Technologies, the hedge fund Mr. Simons founded and which Mr. Mercer helps run, is currently under review by the I.R.S. over a loophole that saved their fund an estimated $6.8 billion in taxes over roughly a decade, according to a Senate investigation. Some of these same families have also contributed hundreds of thousands of dollars to conservative groups that have attacked virtually any effort to raises taxes on the wealthy.
more
http://www.nytimes.com/2015/12/30/business/economy/for-the-wealthiest-private-tax-system-saves-them-billions.html?emc=edit_na_20151229&nlid=25999106&ref=cta&_r=0
Boston's most Conservative Talk Radio Show host...
https://en.wikipedia.org/wiki/Jeff_Kuhner
Annnnd he's Canadian.
https://en.wikipedia.org/wiki/Jeff_Kuhner
Annnnd he's Canadian.
Well the union socialists keep electing the Liberals here in Ontario, over and over and over again. So I'm not sure what you brain dead idiots are getting all paranoid for.
The socialist carpenters are all doing very well here in Ontario.
We have solar panels everywhere. We have burnt our last piece of coal.
There's also David Frum, a former speech writer for W.
I've already pointed out that "There are a few on these boards who somehow feel they can relate to the Trumps and other Billionaires and feel that their pain is indeed their pain." but maybe I should have been more specific and said "There are a few on these boards that claim to be Canadian who somehow feel they can relate to the Trumps and other Billionaires and feel that their pain is indeed their pain.
Excuse me. Why the f*ck should I tolerate anyone's idiotic religious beliefs. I mean it IS 2015, right? 2015 and idiots are still worshipping and/or killing in the name of some non-existent deity and I'm supposed to respect that sh*t? I don't even respect the religion I grew up with and I barely tolerate most of its adherents. But somehow I'm supposed to respect and tolerate someone else's stone age beliefs in 2015? Get a grip, bud.Yeah but they been doing that for fifteen straight years offing thirty million people in thirty years why are we just noticing the American whackos or thier Canadian cousins?I don't think tolerance for Muslims is important to them. I'm just guessing though.
