Democrat Culture of Corruption Precludes Patriotism

You don't have to pay taxes, you just have to file.

That is an urban legend, coming under the general heading of "Idiot Legal Arguments."

It does have some roots in reality to this extent: Failure to file a tax return for a year in which you earn income, or failure to declare all your income on your return, can constitute the crime of tax evasion. Once you file a return as required by law and it is processed, you have legally established that you owe the government a debt in the amount of the unpaid balance (if any) of your tax. Failure to pay that debt is not a crime -- there are no debtors' prisons in America. However: Once your tax debt is established, the IRS has perfectly lawful ways of collecting that money from you without your ever signing a check to them -- attachment of assets, garnishment of wages, etc. You can sometimes work out a manageable payment plan with the IRS, but that doesn't make the debt go away. You can't even discharge a federal tax debt in bankruptcy; that is expressly excluded from the U.S. Bankruptcy Code. And if you die owing federal income tax, the IRS will be at the head of the line of estate creditors.

So, in short: One way or another, sooner or later, now or at the hour of your death, you do have to pay federal income taxes.

N.B.: There are ways and ways of dickering over the amount of your tax in any given year; but, for that, make sure to consult a CPA and/or a tax attorney.
 
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That is an urban legend, coming under the general heading of "Idiot Legal Arguments."

It does have some roots in reality to this extent: Failure to file a tax return for a year in which you earn income, or failure to declare all your income on your return, can constitute the crime of tax evasion. Once you file a return as required by law and it is processed, you have legally established that you owe the government a debt in the amount of the unpaid balance (if any) of your tax. Failure to pay that debt is not a crime -- there are no debtors' prisons in America. However: Once your tax debt is established, the IRS has perfectly lawful ways of collecting that money from you without your ever signing a check to them -- attachment of assets, garnishment of wages, etc. You can sometimes work out a manageable payment plan with the IRS, but that doesn't make the debt go away. You can't even discharge a federal tax debt in bankruptcy; that is expressly excluded from the U.S. Bankruptcy Code. And if you die owing federal income tax, the IRS will be at the head of the line of estate creditors.

So, in short: One way or another, sooner or later, now or at the hour of your death, you do have to pay federal income taxes.

N.B.: There are ways and ways of dickering over the amount of your tax in any given year; but, for that, make sure to consult a CPA and/or a tax attorney.

Close, but no cigar.

If the government owes you money there is no need to file, except if you don't file within three years the government won't pay you. Granted, it doesn't come up often - people want their money.

Under certain circumstances tax debt can be discharged under bankruptcy. If the government hasn't contacted you about it in a certain number of years (three I think) then the debt can be discharged.
 
Close, but no cigar.

If the government owes you money there is no need to file, except if you don't file within three years the government won't pay you. Granted, it doesn't come up often - people want their money.

Under certain circumstances tax debt can be discharged under bankruptcy. If the government hasn't contacted you about it in a certain number of years (three I think) then the debt can be discharged.

You could be right on both points, I'm not a tax lawyer; I just know what every lawyer knows (basic Federal Income Taxation is a required course at every American law school AFAIK, but it mainly focuses on what does or does not constitute "income," regarding which the case law is vast and baroque).
 
You could be right on both points, I'm not a tax lawyer; I just know what every lawyer knows (basic Federal Income Taxation is a required course at every American law school AFAIK, but it mainly focuses on what does or does not constitute "income," regarding which the case law is vast and baroque).

The general gist of everything you said is correct, don't fuck with the tax boys. Pay the taxes and keep you mouth shut is the best bet.

Although, if someone happens to wind up owing the IRS as long as your forms are in order and you don't give then a ration of shit they'll usualy work with a person.
 
Then why won't the IRS go after Charlie Rangel?



Is it because "Turbo" Timmy Geitner is their boss or Affirmative Action?
 
Poor old Polanski is depressed and poor old Charlie is looking tired and thin...

Meanwhile, the Democrats are planning to make us more patriotic by raising taxes on Health Care for the rich and premiums on the Middle Class to fix a problem with the poor that we already fixed, three, maybe four times now...

For years, Charles Rangel has been a visible, vital presence in the Capitol, bantering with reporters or booming gravelly-voiced greetings to well-wishers who yell “Charlie!” at him in the Rotunda.

But last week — just before the Republicans’ third attempt to punish Rangel — the Harlem Democrat appeared visibly tired and thinner than usual, and he barely spoke above a whisper when a reporter approached to ask a question.

The strains of the ongoing House ethics committee probe into Rangel’s finances — coupled with escalating attacks by the GOP — are wearing on the 79-year-old Korean War hero, people close to him say.

And some of Rangel’s friends and colleagues are starting to worry.

“I have commented to a lot of people — and a lot of people have commented to me — that this is finally starting to get to Charlie,” said New York Rep. Peter King, one of a handful of Republicans to vote against his party in a series of anti-Rangel resolutions this year.

Read more: http://www.politico.com/news/stories/1009/28265.html#ixzz0TudIwHRR

Oh, boo-fucking-hoo...
 
...and now they have classified 2900 items as "medical devices" and have scheduled them for taxation that will raise their prices by about 40%...they were very careful to exempt tampons after a large feminine wail went up in the hinterland (apparently the gnashing of teeth could be heard clear to Washington) upon it's discovery on the list.

One can go here for a complete list of FDA medical devices that will be targeted with new taxes:

http://www.fda.gov/MedicalDevices/P...rances/Recently-ApprovedDevices/ucm081872.htm

Oooh, Vetteman and his patented "Patriot Math™" strike once again!

Just as a motley crowd of 60,000 can be easily inflated to 2 million if you wish hard enough, Vetteman claims that a proposed tax of "10 to 30 percent" on medical devices (source: WSJ) is "about 40%". Did a little "rounding up" there, eh?

Of course, this proposal is only in one of the five health care bills, the Baucus bill, which is the least likely to be enacted into law..

But stuff like that doesn't matter to people like Vetteman!
 
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Then why won't the IRS go after Charlie Rangel?



Is it because "Turbo" Timmy Geitner is their boss or Affirmative Action?


Geitner's failure to pay his taxes was simply a "hiccup".

Rangel's faulty memory on his property holdings were just another "hiccup".

You don't go after "hiccups" unless they're Republican "hiccups".
 
Please note that by the number of threads today, that suddenly, the stock market is now a MEANINGFUL indicator as to the state of the economy...



;) ;)

Did you see how Geitner protected his buddies from scrutiny by making them "counselors?"

Way to go Party of the Rich! (That's in yet another of the morning's articles)

Let Dem get richer! Make the Red man pay for it!
__________________
The Executive power in our government is not the only, perhaps not even the principle, object of my solicitude. The Tyranny of the Legislature is really the danger most to be feared, and will continue to be so for many years to come. The Tyranny of the Executive power will come in its turn, but at a more distant time.
Thomas Jefferson
 
Please note that by the number of threads today, that suddenly, the stock market is now a MEANINGFUL indicator as to the state of the economy...



;) ;)

Did you see how Geitner protected his buddies from scrutiny by making them "counselors?"

Way to go Party of the Rich! (That's in yet another of the morning's articles)

Let Dem get richer! Make the Red man pay for it!

Of course, none of you "Conservatives" and "Not Republicans" were dancing in the streets using the earlier drop in the Dow as evidence of the economic "failure" and by extension the "failure" of the President.

http://forum.literotica.com/showthread.php?t=643187&page=1
A quick scan through shows all of the usual suspects touting the bear market and blaming it, of course, on the newly elected President even though the downward trend started long before he took office.

Now that the market appears to be recovering it's suddenly meaningless in the eyes of the assembled dancers.

This headline says it all really:
After Previously Blaming Obama For Slumping Markets, Boehner Now Downplays Surging Dow

The market is UP 13% since the beginning of the year, breaking 10,000 for the first time in 12 months. According to "conservatives" when the stock market was down it was due to the "Obama economy", now that it's showing signs of recovery it's back to not being a meaningful indicator of the economy, at least until they can fnd some way to spin it to be the result of "conservative" action.

Hell, Cavuto on FauxNews is already trying to call it a "Bush recovery".
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U_D, it was your Pres__ent who said the DOW was a meaningless indicator when the chips were down and he was telling us we were in for a long, tough decade.

Now the market is up, because profits are up because companies simply shed employees at a time DC was throwing dollars at them.

What happens when the free money ends? Do we extend their handouts? Do we keep stimulating them? Do we keep inflating the currency? Are you doing the exact opposite now in having this hope and optimism that we've turned the corner and we're going to shed 5% points on the unemployment lines?

I bet you nor your Pres__ent have any real ID, uh...,

But as long as you're doing good, unlike during the Bush years, you don't really seem to give a shit at how hard the other people have been hit.

BTW, I pulled money out of the market yesterday at 2:30PM Central...
 
We this new-found respect for the culture of corruption U_D?







Is it because it's your corruption now?
__________________
When under the pretext of fraternity, the legal code imposes mutual sacrifices on the citizens, human nature is not thereby abrogated. Everyone will then direct his efforts toward contributing little to, and taking much from, the common fund of sacrifices. Now, is it the most unfortunate who gains from this struggle? Certainly not, but rather the most influential and calculating.
Frederic Bastiat
 
And after taking credit for the recovery, and we hit the "w-"shaped recession, they will go back to claiming it's a Dubya recession because they have zero content of character being led by an affirmative action pres__ent with little or no id, uh..., of how to run an economy but a lot of high-falutin' ideas on how to provide social justice.
__________________
Oliver Wendell Holmes said, "Think things, not words." In words, many see a need for "social justice" to override "the dictates of the market." In reality, what is called "the market" consists of human beings making their own choices at their own cost. What is called "social justice" is government imposition of the notions of third parties, who pay no price for being wrong.
Thomas Sowell
 
First of all the market and the economy are two different things. Obama killed the dollar, when interest rates are raised to save it the stock market will be in for another big dip.

Meanwhile, in actual America leading economic indicators continue to trend well. After a peak in July 2007 LEI fell for a straight 20 months. The most recent data showed gains in June, July, and August of this year completing a string of gains over five months. Source

The next report of Leading Economic Indicators is due out October 22. I expect to see more gains there.

Keep preaching your doom and gloom and hoping against hope for failure though.
 
Meanwhile, in actual America leading economic indicators continue to trend well. After a peak in July 2007 LEI fell for a straight 20 months. The most recent data showed gains in June, July, and August of this year completing a string of gains over five months. Source

The next report of Leading Economic Indicators is due out October 22. I expect to see more gains there.

Keep preaching your doom and gloom and hoping against hope for failure though.

Sell everything you own and put it in the market. moron.
 
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