DESPITE TAX INCREASE, CALIFORNIA STATE REVENUES IN FREEFALL

[cattlebaron]

Its this team effort mentality that should have dissipated after High School. When you make your bed you sleep in it, and shouldn't expect anyone else too. People have a right to protect their property and having any in California is like being the only person in a mob with an umbrella during an acid rain storm. Of course you'd leave California, what are ya crazy!

[JohnnyReb]

Who needs an offshore bank account....just be a DUmmiecrat and not pay taxes.....A-LA-Obama appointtees.

[NHSparky]

Well, the high-end "Receivers" have had tax cuts and breaks since 2001. They've pocketed enough money in their offshore accounts to still live comfortably with their meager increase in their HUGE incomes.

Point being, Breitbart lied in his article.

Dipshit, Breitbart is dead.  And EVERYONE got a tax cut in 2001/03.  Even the 49.5 percent of people who have no/negative federal tax burdens.  The "rich" actually pay a LARGER share of the total tax burden over the last 25 years, going back to Reagan, to say nothing of the last 10 years.  Don't believe me?  I'm using the IRS's own data.

Second, when you combine federal/local/state taxes, people in CA are paying as much as 53 percent of their income in taxes.  This isn't including SS/Medicare, which can add another couple percent (Medicare is 1.45 percent with no cap, and we'll say for sake of arguement that a person making $1M/year has an effective SS tax rate of 1 percent.)

Even I, who is by no means anywhere near the 1 percent, pay in excess of 40 percent of my income in taxes.  And they want MORE.

**** that.

[NHSparky]

Who  hates the rich?  They got GREAT tax cuts from 2001 to now and they also HIDE most of their income on offshore accounts.  I call that pretty good investment in buying the republican party.  But now the debt is expanding from the $13 trillion Bush left and we need them to pay what they did in 2000 when the deficit was balanced and the debt much lower.  How can that be a bad thing?

You mean like Google did?  Seems I heard a story this morning how they created a shell company in the Bahamas to avoid taxes--about $2 BILLION in taxes, IIRC.

Or how the co-founder of Facebook just renounced his US citizenship, as did Mrs. Rich, wife of Marc Rich?  Or shall I go on with that one?

Or how the people calling for tax hikes aren't ponying up any extra money?  Actually, how many tax attorneys and accountants do you think those folks employ?  You know, like Warren Buffett, who is currently fighting with the IRS over a $600+ Million tax bill?

Finally, the debt was $10.6T when Bush left office, not $13T.  Your boy is on the hook for over $6T in less than four years--and by the time he leaves office, he'll have MORE THAN DOUBLED the national debt.  It took Bush 8 years to increase the debt less than $5T.  Obama did that in 3 1/2 years and hasn't even broken a sweat yet.

[EagleKeeper]

I thought this might be interesting even though it might be anecdotal.

http://www.france24.com/en/20121210-critics-savage-depardieus-new-role-tax-exile


AFP - French politicians reacted with dismay on Monday after it emerged the country's leading actor, Gerard Depardieu, has taken up the role of tax exile in neighbouring Belgium.
<snip>

I also think that france24 is a big fan of socialism.

C'est la vie, right?

[Eupher]

I thought this might be interesting even though it might be anecdotal.

http://www.france24.com/en/20121210-critics-savage-depardieus-new-role-tax-exile


AFP - French politicians reacted with dismay on Monday after it emerged the country's leading actor, Gerard Depardieu, has taken up the role of tax exile in neighbouring Belgium.
<snip>

I also think that france24 is a big fan of socialism.

C'est la vie, right?

I'm not gonna link it, but there's been a big exodus in Britain's millionaires as well. Confiscatory income tax of 50% just doesn't sit real well when you simply don't have to pay that kind of money just by unassing the AO. So the unintended consequences have kicked in and instead of the Brits collecting as they planned they would, they're not collecting anything close to what they thought they would.

Once again, if you want less of something, TAX IT. Happens every time.

[SSG Snuggle Bunny]

...EVERYONE got a tax cut in 2001/03.  Even the 49.5 percent of people who have no/negative federal tax burdens.  The "rich" actually pay a LARGER share of the total tax burden over the last 25 years, going back to Reagan, to say nothing of the last 10 years.  Don't believe me?  I'm using the IRS's own data...

**** that.

I would say we've moved beyond facts and figures. That 10% earns 25% of the income but pays 70% of the taxes means nothing to these peasants; they just want to take and steal whatever they can because they want to believe the agitators who tell them it is OK and they deserve it.

It's time the peasants be made to understand that they did nothing to earn it, it's not theirs and if they try to take it they will be treated as the common thieves they are.

[EagleKeeper]

School District Owes $1 Billion On $100 Million Loan


http://www.npr.org/2012/12/07/166745290/school-district-owes-1-billion-on-100-million-loan



Why would you leave $25 million on the table? You would never leave $25 million on the table.
- Charles Ramsey, school board president, West Contra Costa School District
"We'd be foolish not to take advantage of getting $25
<snip>



This is comifornia after all.

An editorial comment that I read said....BWAHAHAHAHAHAHAH!!

[Dori]

You mean like Google did?  Seems I heard a story this morning how they created a shell company in the Bahamas to avoid taxes--about $2 BILLION in taxes, IIRC.

Or how the co-founder of Facebook just renounced his US citizenship, as did Mrs. Rich, wife of Marc Rich?  Or shall I go on with that one?

Here's another one; Jeffrey Immelt, Obama's jobs czar and CEO of GE, you know the multi billion dollar company that paid zero taxes and shipped lots of American jobs to China,  thinks that the way the Communists run their businesses is great and we should do the same thing.   Surprise, surprise.

[Karin]

Thanks for the link, Eaglekeeper.  It was one of those usurious payday loans, at 205% effective interest.  Why are morons allowed to run the nation's cash registers?

98% of the comments were conservative.  The other 2% could only say "b-b-b-b-but Bush!" 

Here's a depressing comment, which we nevertheless know is true:

Ron DeVera >Russ P • 2 days ago
−+
Hey, wait a second! I come from a Chicago Machine Democratic family going back to Anton Cermak. We are the Hyde Park/University/Maxwell Street Dems going back to 1931. We have been ward heelers and precinct captains in the 1st and 5th wards. We resurrected the dead to get Kennedy the Presidency, kept the Daleys in office, put Obama on the Indiana ballot, and gave Emanuel the mayor's office when he didn't qualify to run. There was no way, NO WAY, Romney could have won that election even if 90% of the population voted for him. Sure the Machine fights dirty. Sure we rig elections. Think the vote count was real? So are munchkins. Look: The problem with "democracy" is that it is easily manipulated. The ancient Greeks considered democracy to be the second worst form of government, just above anarchy. That's because the dumb are easily bought or swayed. Want a vote? Give the masses freebies. They vote for "now", not for later. They have no idea where the money for their free cell phones come from, they just want one.

[Sam Dodd]

Links aren't required here when mentioning an article of quoting something?  Cool

[compaqxp]

Links aren't required here when mentioning an article of quoting something?  Cool

I'm almost certin the link your looking for is on this very page of this topic...if you'll look for it.

http://www.npr.org/2012/12/07/166745290/school-district-owes-1-billion-on-100-million-loan

Found it  

[Eupher]

Links aren't required here when mentioning an article of quoting something?  Cool

Yet another bitchslap issued for failure to observe the link in question.

You're not doing very well today, Sammy. 

[Sam Dodd]

Yet another bitchslap issued for failure to observe the link in question.

You're not doing very well today, Sammy. 

So many quotes without links...so, what's the answer?  The original post that started the thread?

[Wineslob]

Well, the high-end "Receivers" have had tax cuts and breaks since 2001. They've pocketed enough money in their offshore accounts to still live comfortably with their meager increase in their HUGE incomes.

Point being, Breitbart lied in his article.

That's a very good description of the Government. Shouldn't they "give back"?  When I don't have enough money, I can't go out and shake down the public.

[Sam Dodd]

That's a very good description of the Government. Shouldn't they "give back"?  When I don't have enough money, I can't go out and shake down the public.

Corporations can...even banks and insurance companies were bailed out for knowing what they were doing were bad business practices.

Ask your Republican controlled House of Representatives why is it they allow banks to be bailed out, but not people?

[Wineslob]

So many quotes without links...so, what's the answer?  The original post that started the thread?

It's really simple...........................those taxed to death.......................leave.

Of course Liberal/Progressives are too stupid, and continue to revise history.

[Wineslob]

Corporations can...even banks and insurance companies were bailed out for knowing what they were doing were bad business practices.

Ask your Republican controlled House of Representatives why is it they allow banks to be bailed out, but not people?

FDIC ring a bell?

[NHSparky]

Corporations can...even banks and insurance companies were bailed out for knowing what they were doing were bad business practices.

Ask your Republican controlled House of Representatives why is it they allow banks to be bailed out, but not people?

Why were Chrysler and GM bailed out?  Oh yeah, because they bent over and spread their cheeks wide, paying off the unions before the bond and stockholders to get "dat Obama money!"

[NHSparky]

Links aren't required here when mentioning an article of quoting something?  Cool

Uh, dipshit, you don't set the rules here.

[Eupher]

So many quotes without links...so, what's the answer?  The original post that started the thread?

It's called "paying attention," Sammy. And in that you're simply not doing well.

Maybe you ought to slip back into your coma - where you belong.

[Eupher]

Corporations can...even banks and insurance companies were bailed out for knowing what they were doing were bad business practices.

Ask your Republican controlled House of Representatives why is it they allow banks to be bailed out, but not people?

Wrong answer, condor breath.

As it stands in today's WSJ, your very own hero Dingy Harry Reid is on board with bailing out the banks yet again.

WSJ

Sammy, let me know if you can't read it. I'll post the whole thing. You really need to read the article, just so you can get it through your peabrain that the Dems ain't your friends.

[txradioguy]

Ask your Republican controlled House of Representatives why is it they allow banks to be bailed out, but not people?

Why don't you ask your fellow Socialist Democrats...since they had control of both houses when the banks were bailed out.


The House and Senate were run by the Democrats in 2008.

Republicans didn't regain control of the house until 2010.

Care to take a guess at who was in charge of the NY Fed when AIG was bailed out?

[SSG Snuggle Bunny]

Republicans didn't regain control of the house until 2010.

January 2011, actually; since they had to wait to be sworn-in.

[docstew]

What happens everytime tax rates are raised? What do liberals tell us will happen before the increase is enacted?

What's that old line about insanity?