Archive for the ‘Tax Tales’ Category

A Rush Of New Taxes For Limbaugh

July 3, 2008

Jealous liberal journalists who long to be richer than Rush Limbaugh have been falling all over themselves to criticize their conservative nemesis and the undisputed champion of talk radio the past couple of days.

Why? Because he just negotiated a contract renewal with Premiere Radio Networks, a subsidiary of Clear Channel Radio, that reportedly will net him $400 million over eight years, including a nine-figure signing bonus.

Why that’s a problem is beyond me. If Premiere didn’t think Limbaugh was worth it based on past performance, the company wouldn’t have made the deal. It’s the free market at work, and every liberal who is whining about the deal would take all that money and then some if offered it for doing their jobs.

Besides, every liberal should be celebrating the rush of taxes that will flow into government coffers thanks to Limbaugh.

The numbers are staggering any way you look at it. I asked Peter Sepp, vice president for policy and communications at the National Taxpayers Union, to guesstimate Limbaugh’s tax bite from his new contract. With the obvious caveat that “there are a whole lot of variables both in the structure of his compensation package and the strategies he employs that would affect the actual tax burden,” Sepp predicted that Limbaugh will pay anywhere from one-third to 40 percent of his compensation to the government in taxes.

I’ll do the math for you: That’s $132 million to $160 million in taxes! And Sepp said the bite would be far worse if Limbaugh lived somewhere other than Florida, which has no state income tax and light business taxes. If he lived in California, the Golden Treasury State, he would have added up to 10 percent more ($40 million) to the tax tab.

That’s not counting all of the sales, property, gas and other taxes Limbaugh will be paying every time he spends a million dimes. And his penchant for cigars and other “sins” means he’ll be on the hook for even more.

Here’s the way all the liberals in the media and government should be looking at Limbaugh’s contract: He’s a one-man economic stimulus machine. Just imagine how many more pork projects will be funded over the next eight years because Rush Limbaugh got a hefty raise.

A Century Of Tax Mischief

May 5, 2008

My Dad forwarded to me an e-mail that included this gem about all of the taxes conceived in the minds of politicians over the past century (the impact of several of them on just our family has been chronicled on this blog):

Accounts receivable tax
Building permit tax
CDL license tax
Cigarette tax
Corporate income tax
Dog license tax
Federal income tax
Federal unemployment tax
Fishing license tax
Food license tax
Fuel permit tax
Gasoline tax
Hunting license tax
Inheritance tax
Inventory tax
IRS interest charges (tax on top of tax)
IRS penalties (tax on top of tax)
Liquor tax
Luxury tax
Marriage license tax
Medicare tax
Property tax
Real-estate tax
Service charge taxes
Social Security tax
Road usage tax (truckers)
Sales taxes
Recreational vehicle tax
School tax
State income tax
State unemployment tax
Telephone taxes
— Federal excise
— Universal service fee
— Federal, state and local surcharges
— Minimum-usage surcharge
— Taxes on recurring and non-recurring phone charges
— State and local phone taxes
— Telephone-usage charge tax
Utility tax
Vehicle registration tax
Vehicle sales tax
Watercraft registration tax
Well permit tax
Workers compensation tax

The kicker to the e-mail: “Not one of these taxes existed 100 years ago, and our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids. What happened? Can you spell ‘politicians?'”

Crappy Laws

March 13, 2008

A Florida lawmaker, a Republican one no less, has proposed a law to mandate that all eating establishments have enough toilet paper in their restrooms.

Here’s my counterproposal: a statute to mandate that all politicians have enough sense not to waste taxpayer money writing, and all too often enacting, stupid laws. That move alone could save enough money to cut our taxes significantly.

(Hat tip to Andy Roth at The Club For Growth)

The Bondage Of American Taxation

March 12, 2008

I love history; I hate taxes. So when someone writes a historical piece about taxation in America, with the central message that Americans are being taxed into bankruptcy and bondage, you know I’m going to link to it.

A Wacky Plea For More Taxes

February 29, 2008

Wanna know why this blog exists? Read no further than this nonsense by columnist Alan Lupo in The Salem News:

No politician of any stripe wants to hike taxes any more than we lust to pay them. But at some point American citizens, and those who want our votes, must dispense with the myth that all we need do is excise a little corruption here and a little inefficiency there, and we’ll have all the money we need to do all that must be done. …

Given what appears to be a looming recession, the federal government must belly up to the bar with fiscal relief. If Bush fails to do this, the problem will appear on the plate of whoever succeeds him. Should that be McCain, he will rue his no-tax pledge just as the elder Bush did in 1990 when he had to face up to a federal budget deficit left by the Reagan administration.

Wake up, Mr. Lupo. There is more than “a little corruption” in government, and more importantly, there’s an insufferable amount of bureaucratic inefficiency.

Throw on top of that the pork-barrel spending, handouts that encourage irresponsible behavior and every manner of overbearing regulation imaginable, and there’s plenty of room to cut budgets instead of raising taxes.

There are very few “necessary services” that the government needs fund — especially the federal government. I’m all for paying taxes to defend this country, the most important governmental role envisioned by the wise men who created American democracy. Transportation is pretty important to interstate (and international) commerce, too.

But beyond that, please stop telling presidential wannabes like John McCain that it’s OK to pick my pockets. You’re free to more of your money to the government, but please stop volunteering mine to Uncle Sam.

The Genesis Of Tax-And-Spend Democracy

February 18, 2008

By K. Daniel Glover

In the beginning the Founding Fathers declared their independence and created the Constitution. Now the government was small and servile, emptiness was over the coffers of the deep, and the spirit of liberty was hovering over the United States of America.

And Uncle Sam said, “Let there be tariffs,” and there were tariffs. Uncle Sam saw that the revenue was good for Him, and He separated the people from their money. He called the people stooges, and He called the money, “Mine, all Mine.”

And there were tariffs and more tariffs — the first fruits of taxation with representation.

And Uncle Sam said, “Let there be an expanse between the people and their government.” So Uncle Sam made the expanse and separated the people under the expanse from the government above it. And it was so. Uncle Sam called the expanse “IRS.”

And there were taxes and more taxes — the second fruits of taxation with representation.

And Uncle Sam said, “Let the money of the people be gathered to one place, and let roads and bridges to nowhere appear.” And it was so.

Uncle Sam called the roads and bridges “earmarks,” and the gathered money He called “The Treasury.” And Uncle Sam saw that it was good for Him.

Then Uncle Sam said, “Let the Congress produce wasteful spending and taxes: farm subsidies and other self-serving handouts to the people and entitlement programs for all; and taxes on workers and businessmen that bear revenue with seed in it, according to their various kinds.” And it was so.

The Congress produced mischief: bills bearing spending according to their kinds and a baffling tax code bearing money with seed in it according to its kind. And Uncle Sam saw that it was good for Him.

And there were taxes and more taxes — the third fruits of taxation with representation.

And Uncle Sam said, “Let there be departments in the expanse of government to separate the people from their money, and let them serve as venues to deliver the pork and the subsidies and the entitlements, and let them be bureaucracies in the expanse of the government to enlarge My power.” And it was so.

Uncle Sam made many great departments to govern every imaginable part of life. He also made the agencies and the bureaus and the commissions and the offices. Uncle Sam set them in the expanse of the government to regulate the people, to take their property, and to separate them from their money. And Uncle Sam saw that it was good for Him.

And there were taxes and more taxes — the fourth fruits of taxation with representation.

And Uncle Sam said, “Let the government teem with incompetent and meddling and corrupt bureaucrats, and let taxes spread from state to state across America.”

So Uncle Sam created the Great Bureaucrats of America and every taxing-and-spending politician with which the nation teems, according to their kinds, and every waste, fraud and abuse according to its kind. And Uncle Sam saw that it was good for Him.

Uncle Sam blessed the bureaucrats and the politicians and said, “Be fruitful and increase the spending and fill The Treasury with taxes, and let the burdens increase on the people.”

And there were taxes and more taxes — the fifth fruits of taxation with representation.

And Uncle Sam said, “Let Congress produce more entitlement projects according to their kinds; Medicare prescription benefits and children’s health insurance that grows rapidly in every state, and a larger education bureaucracy, each according to giant, tax-guzzling programs of the past.” And it was so.

Uncle Sam expanded the education bureaucracy according to its kind, the prescription benefits according to their kinds, and all the children’s health insurance that multiplies in every state according to their kinds. And Uncle Sam saw that it was good for Him.

Then Uncle Sam said, “Let Me make Americans gullible, to satisfy My every whim, and let them pay taxes on their income and their corporations, their profits, their savings, their retirement, and even their death.”

So Uncle Sam made Americans gullible; to satisfy His every whim He manipulated them; selfish and clueless He made them.

Uncle Sam taxed them and said to them, “Be fruitful and multiply your income so I can tax it even more; fill The Treasury so I can spend your money. Satisfy every whim of the Great Bureaucracy you empowered Me to create and suffer as I lord it over you.”

Then Uncle Sam said, “I give you every department you ever wanted from sea to shining sea and every entitlement program that has taxes with seed in it. They are yours because you deserve them.

“And to all the departments and agencies and bureaus and commissions and offices that spread across the land — every bureaucracy that has the breath of life in it — I give the power to tax and regulate you.” And it was so.

Uncle Sam saw all that He had done to corrupt the vision of the Founding Fathers, and it was very good for Him.

And there were taxes and more taxes — the sixth fruits of taxation with representation.

Thus the Declaration of Independence and the Constitution were undermined in all their vast wisdom.

By the time the seventh fruits of taxation with representation were ripe, Uncle Sam had finished the distortions of American liberty that He had undertaken; but rather than rest, He plotted to further expand His empire and further dupe the people with tax rebates to “stimulate” the economy.

And Uncle Sam rejoiced in the seventh fruits because He knew that all the work of taxing the people and spending their money had only just begun.

This tax tale is dedicated to the memory of Grandpa Tumblebug, whose distrust of the government was unrivaled during his 79 years. Read or listen to his heart-warming ballad, “Ode To The EPA.”

Throw The Tax-Hiking Bums Out

February 14, 2008

Sometimes the mindset behind taxation with representation is alive and well:

You know what spending cap the folks in Woodruff used in 2002 when they discovered their local government was in financial peril? The ballot box. And those council members they couldn’t get to in 2002, they finished off in 2004.

If we taxpayers were smart enough to exercise the ballot-box option more often and more consistently, maybe the politicians would get the message that we want control over more of our money.

Maybe American Taxes Aren’t So Bad

January 21, 2008

Reader DH e-mails:

When I was working on a billing system for a European telecom, I was responsible for the taxation module. I found out that 67 percent of the cost of telephone service in this particular country was taxes. I also found out later that the income tax was roughly 65 percent.