2nd richest man in the world gives bulk of wealth to...

[storch]

kitty, I own a business people pay me for finished products and services.  if the gov't taxed me (my business), can you guess what would happen to the cost of my product and services?

[LePaul]

Originally posted by BluKitty
Tax the corporation, not the middleclass citizen.

6 figures would be a good limit too.  You make more than that..... you get taxed, if you make less your taxes are still in the form of sales and registration and tolls and wine and gas.  We really need more basic tax codes.

I think most people are angry that the govement countinaly favors corporations over the intrests of the poor and middle class.  It's not anger at the idea of corporations, just the implementation.

 

Here's my super-simple impression about those who complain about tax cuts and the like...

We give tax breaks to....ready?  THOSE WHO PAY TAXES.

Yet, the poor DO NOT PAY TAXES

So, the poor got jealous that those who pay in get something back for their efforts.  So now we have "earned income credit" and all these other foolish giveaways.  Why?  Because, gosh darnit, its not fair that those people who pay the majority of the tax burnden ever get a little bit back < pouty look >

Have you seen the hoops the corporations have to jump through to exist?  Between EPA, local/state statues, taxations, mill rates, etc etc...and people *wonder* why these guys are looking to setup shop elsewhere where the cost of doing business isnt so punitive?

Rant off.

[Hangtime]

can anybody show me the law that states I'm supposed to be paying taxes?

"The term employee includes an officer, employee, or elected official of the United States, a State, or ay political subdivision thereof, or the District of Columbia, or any agency or instrumentality of any one or more of the foregoing. The term employee also includes an officer of a corporation."

(US Tax Code)

Sounds like government employees and corporate officers are supposed to be paying the taxes.

The tax man strode into most American lives after the bombing of Pearl Harbor. To raise a war chest, income taxes - once reserved for the rich - were extended to all Americans for the first time in history. The expanded tax was supposed to be temporary, ending with the war.

The income tax was so new, that to explain it, the government commissioned a Disney film starring citizen Donald Duck. It made filing returns look easy for the millions of new taxpayers and promoted the benefit of withholding.

Roger Pilon, who studies tax policy at the Washington-based Cato Institute, which advocates smaller government, isn't surprised about the protest, especially among small business owners.

"These people, as businessmen, are being asked not only to pay the taxes for their employees and for themselves, but to collect the taxes," he says. "They are in effect deputized as agents of the government, and they are not being paid for that."

Put yourself in the position of the employers, Pilon says. "They see the government raining down upon them, one regulation after another and one tax after another."

Joe Banister, Thompson's accountant, is somewhat of a hero in the movement.

Banister, equipped with badge and gun, once investigated tax cheats as a criminal investigator for the IRS -- until he started reading the tax code. "At the end of my third year, I began to investigate the claims that were made by people who said that the income tax is not mandatory for all Americans to pay."

Eventually, Banister sent a report of his findings to his superiors, questioning even the constitutionality of the IRS itself. The agency wrote back and suggested he resign.

"It seems to be kind of a cultural thing there," Banister says. "Don't ask any questions. Just do your job. Mind your own business."

He doesn't advise clients not to pay taxes, he says. "I tell them that the IRS has ruined people's lives and that it's risky to do something other than what the IRS expects," he says.

Banister is one of a handful of IRS agents who could be said to have gone over to the other side.

http://www.cbsnews.com/stories/2001/04/02/60II/main283404.shtml

logic dictates we must pay taxes. logic dictates that the current tax code and it's enforcement is busted.

Whats the next logical step.....

anybody?

[Holden McGroin]

with that much money, you could get two girls at the same time, man...

[storch]

hang, with regard to taxes it should be obvious to all that the gov't needs to collect taxes.  especially since we live in a country which actually renders pretty good returns for our tax dollar when compared to just about everyone else.  do they squander a great deal of our money, yup youuuuuuuuuuuuuuuuuuuuuuuuuuu uuu betcha'.  I will still cheerfully pay my fair share and take my representatives to account when I learn of a screwup.  my view on the question of taxation is to apply the Jesus paradigm which can be found in Matthew 22: 15-22.  to paraphrase, "render unto caesar that which is caesar's".

[lazs2]

both  gates and buffet started on third base to hit their home runs.   They really have no idea of how any of us here live.   They were rich before they even started.

They are both liberals but are giving away their money so that they won't pay the taxes.   If government is so right and taxes are so right then there should be no tax break for charity.... all charity would be government redistributing the wealth... what arrogance of these billionaires to think that they know more about what people need than the government.

Why don't they just give a few billion more on their taxes?

lazs