TAX DETERRENCE

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rhs jr
rhs jr
March 22, 2016 10:38 am

Is the Pope Catholic?

Ed
Ed
March 22, 2016 10:40 am

Would a wild bear shit in the woods?

Anonymous
Anonymous
March 22, 2016 11:03 am

Couple that with getting tax subsidized lifestyles if you don’t and you got the double whammy.

Any Freshman Psych 101 student learns “Behavior which is rewarded is repeated, behavior which is punished is extinguished”.

(At least they used to, they may be learning remedial reading or English speaking instead now days)

harry p.
harry p.
March 22, 2016 11:25 am

and then throw in that “not working” pays, double whammy…

Suzanna
Suzanna
March 22, 2016 11:37 am

And intermittent reinforcement is the most difficult to deter

Anonymous
Anonymous
March 22, 2016 1:25 pm

California….LARGEST INSANE ASYLUM IN THE WORLD

Interesting that the LA Times did this. Lou Dobbs reported this on CNN and it cost him his job. The only network we would see this on would be FOX. All the others are staying away from it. Whether you are a Democrat or Republican this should be of great interest to you!
> Just One State – be sure and read the last part…try for 3 times.
>
> This is only one State….If this doesn’t open eyes, nothing will!
>
> From the L. A. Times.
>
> 1. 40% of all workers in L. A. County (L. A. County has 10.2 million people) are working for cash and not paying taxes. This is because they are predominantly illegal immigrants working without a green card.
>
> (Donald Trump was right)
>
> 1. 95% of warrants for murder in Los Angeles are for illegal aliens.
> 2. 75% of people on the most wanted list in Los Angeles are illegal aliens.
> 3. Over 2/3 of all births in Los Angeles County are to illegal alien Mexicans on Medi-Cal, whose births were paid for by taxpayers.
> 4. Nearly 35% of all inmates in California detention centers are Mexican nationals here illegally.
> 5. Over 300,000 illegal aliens in Los Angeles County are living in garages.
> 6. The FBI reports half of all gang members in Los Angeles are most likely illegal aliens from south of the border.
> 7. Nearly 60% of all occupants of HUD properties are illegal.
> 8. 21 radio stations in L. A. are Spanish speaking.
> 9. in L.A. County 5.1 million people speak English, 3.9 million speak Spanish. (There are 10.2 million people in L. A. County.)
>
> (All 10 of the above facts were published in the Los Angeles Times)
>
> Less than 2% of illegal aliens are picking our crops, but 29% are on welfare. Over 70% of the United States ‘annual population growth (and over 90% of California, Florida, and New York) results from immigration. 29% of inmates in federal prisons are illegal aliens.
> We are fools for letting this continue.
>
> HOW CAN YOU HELP?
>
> Send copies of this letter to at least two other people. 100 would be even better.
> This is only one State…If this doesn’t open your eyes nothing will, and you wonder why Nancy Pelosi wants them to become voters!
> IF YOU DON’T AGREE JUST DELETE–IF YOU DO–PASS IT ON! WHERE DO WE GET THESE MORONS?
>
Windfall Tax on Retirement Income Adding a tax to your retirement is simply another way of saying to the American people, you’re so darn stupid that we’re going to keep doing this until we drain every cent from you. Nancy Pelosi wants a Windfall Tax on Retirement Income. In other words tax what you have made by investing toward your retirement. This woman is a nut case! You aren’t going to believe this.
Nancy Pelosi wants to put a Windfall Tax on all stock market profits (including Retirement fund, 401K and Mutual Funds!
Alas, it is true — all to help the 12 Million Illegal Immigrants and other unemployed Minorities!
This woman is frightening. She quotes…’ We need to work toward the goal of equalizing income, (didn’t Marx say something like this?), and in our country and at the same time limiting the amount the rich can invest. (I am not rich, are you?)
When asked how these new tax dollars would be spent, she replied:
‘We need to raise the standard of living of our poor, unemployed and minorities. For example, we have an estimated 12 million illegal immigrants in our country who need our help along with millions of unemployed minorities. Stock market windfall profits taxes could go a long way to guarantee these people the standard of living they would like to have as ‘Americans”.

(Read that quote again and again and let it sink in.) ‘Lower your retirement; give it to others who have not worked as you have for it.’ This lady is out of her mind!!!!!

Westcoaster
Westcoaster
March 22, 2016 2:04 pm

@Anonymous Coward: No link, you stink!

jamesthewanderer
jamesthewanderer
March 23, 2016 2:41 pm

Westcoaster, if you have problems with his comment, then you can find sources that DISPROVE his points. Some of us see these things every day (I’m not an Angelino, but variants exist here in the heartland as well).

Anon, if you have a link please share it. WC, show us where he’s wrong.

jamesthewanderer
jamesthewanderer
March 23, 2016 3:07 pm

Hey WC, you were right! Sort of … here’s how Snopes (if you can trust them) “debunks” this “myth”:

“However, the first example reproduced above, quoting Rep. Pelosi as disdaining 2005 and 2006 stock market gains and endorsing a 100% on windfall profits gained from stocks (with the proceeds to be “redistributed to the poor and working class”) does not correspond to anything she actually said or proposed. It’s a parody based on extremes of Democratic stereotypes — expressing scorn for corporate profits, favoring huge tax rates for high-income earners, wanting to confiscate money from the rich to give to “illegal immigrants” and “unemployed minorities” — that was written as a bit of pre-election satire and falsely attributed to a pair of New York Times reporters. The following year, someone reworked the piece (shown in the second example above) to insert the equally false claim that Rep. Pelosi’s non-existent windfall tax proposal would include retirement income as well as stock market profits.

Surprsingly, it was billionaire investor Warren Buffett who, back in 1987, put forward the notion of slapping a 100% tax on the profits from some stock sales:
Buffett has even gone so far as to propose a major change in the tax laws that would diminish profits in the short-run for Salomon Brothers and every other major firm on Wall Street.

To eliminate short-term speculation in the financial markets, Buffett has proposed a 100 percent tax on profits made on stock held for less than one year, a move predicted to diminish trading volume and brokerage fees.

“I’ve not suggested taking a poll,” Buffett joked when asked how he thought his tax proposal would be received at Salomon, where Buffett will become a director. “They know what I am about.”

Buffett said he stands behind all of the statements he has made about Wall Street and the tax, but also suggested that while he is still holding his nose when he looks at some of the other Wall Street firms, he likes what he sees at Salomon. [END QUOTE from Snopes.com]

The problem with this is it’s Snopes.com, whose credibility is impaired with previous errors. Would you trust a Soviet general’s assurances that “there’s really no prospect of the Worker’s Paradise invading Poland under any circumstances” in 1938?

The real problem here is that unfunded liabilities of the US government number in the TRILLIONS, and the money (if it could ever even be repaid) would have to come from somewhere. It can’t come from Wall Street, because Eric Holder and Lanny Breuer have said that economic preservation of big banks is vital and overrides justice, the law and the depositor’s rights to keep their money. It can’t come from more taxes, the economy can’t support current taxation. So retirement accounts are about all that’s left….

Besides, with ObamaCare all the elderly are going to die faster anyway, so THEY won’t be needing that money. It’s better that the government use it for the common good.

See how easy that was, WC? Only a few seconds to search and we find out it’s a fabrication (sort of, if you believe Snopes.com). Now, did they conceal anything or change anything at Snopes? Decisions, decisions….