shilo
Rat Trapper
Posts: 144
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Post by shilo on Jul 22, 2011 12:13:57 GMT -5
The problems we face today are because the people who work for a living are outnumbered by those who vote for a living.
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Post by hawkeye on Jul 22, 2011 22:12:33 GMT -5
Good one. Never thought about it like that!
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Post by trapper7 on Jul 26, 2011 11:36:16 GMT -5
Right! And if our current president has his way, those who vote instead of work, will be increasing their numbers substantially.
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haus
Fox Trapper
Posts: 855
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Post by haus on Jul 31, 2011 18:14:27 GMT -5
Saw one I liked: A politician is someone who when they see light at the end of the tunnel go out and buy more tunnel.
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Post by Sunshine on Jul 31, 2011 21:47:57 GMT -5
all politician s are crooks..regardless of the party they claim
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Post by hawkeye on Jul 31, 2011 22:24:26 GMT -5
That's how the liberals defocus off of Obama, blame everybody else. When a Democrat does something outstandingly stupid or corrupt, the liberals blame BOTH parties. LOL!
It's like criminals justifying criminal behavior by saying that everybody is a thief, so it's okay to steal from them.
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Post by hawkeye on Aug 1, 2011 9:23:37 GMT -5
all politician s are crooks..regardless of the party they claim The last time some one defended Obama and the Dumbocrats by making that claim I challenged them to show me one corrupt ot illegal thing Sara Palin has done. They couldn't do it. Now I will add another name to the challenge, Gary Schroeder an ex Idaho politician. Gary is a fur buyer and trapper that decided to try to change things for sportsmen in his state. He is a friend of WissMiss and a friend to all trappers. But the idiots in Idaho thought like too many of you and decided that since he was in office he needed to be replaced, so now they elected an environmentalist to replace him. And I have many more names of honest politicians that are on our side and will fight to preserve our rights, all though I don't know why they should, the post I quoted is the thanks they get.
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Post by trapper7 on Aug 2, 2011 13:59:41 GMT -5
Hawk, I really like Sarah Palin. Unfortunately, she won't get the nomination because she's too honest. When she was governor she cleaned house among democrats and republicans who were dishonest. It didn't matter which party they were from. For that reason, the republicans will be afraid of her as well as the democrats. So, the republicans will see that she doesn't get nominated.
I think in the near future you will see the "new kid on the block" for the republicans will be Rick Perry, governor of TX. I think he's honest and can de-throne King Obama. His popularity is really growing as of late.
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Post by hawkeye on Aug 2, 2011 23:16:19 GMT -5
I wrote another letter to the editor that touches on this subject:
I’ve heard it said that the greatest stunt the devil ever pulled was to convince man that he doesn’t exist. I’m reminded of that whenever I read a letter such as the one written by Ewa Holt, “Support Obama” in the July 2nd mailbag, talking about the evil Republicans. The greatest stunt the Democrats have ever pulled was to convince the sheeple that they are for the working man and the GOP only cares about the rich.
When president Bush approved the tax cuts the Democrats immediately added three magic words, “for the rich”, when in fact all tax payers received a proportionate decrease in the taxes they paid. Now Obama is pandering to the middle class by telling us that taxing the rich and closing the loopholes will solve the debt problem. What he doesn’t want the sheeple to know is that 71% of federal taxes are already paid by the top 10% of the tax payers. The top 1 percent of income earners paid 38 percent of all federal income taxes in 2008, while the bottom 50 percent paid only 3 percent. Forty-nine percent of U.S. households paid no federal income tax at all. So the Democrat’s rhetoric about the poor paying more taxes than the rich doesn’t hold much water, does it?
She went on to paint a picture of the Republicans wanting cut or eliminate social programs that help the poor and elderly. Nothing could be further from the truth. What the Republicans want to reduce or eliminate is waste and abuse of the entitlement programs such as government funded grants for career college students to conduct studies like whether mosquitoes can communicate with each other or the mating habits of termites and paving logging roads in areas that are closed to logging. They want to cut funding to organizations such as ACORN, whose sole purpose seems to be to advise people on how to use the system to get financial aid they do not deserve.
If you think that is an acceptable use of your tax dollars, keep on drinking the Kool Aid and vote Democrat, but if you can see through the wool the Democrats have pulled over your eyes and realize that all the Republican Party wants is accountability when our tax dollars are being spent, then you will join me in telling the Obama NO !
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Post by trapper7 on Aug 3, 2011 12:08:57 GMT -5
Very well put, Hawkeye. The democratic party isn't the same party it was in the days of FDR.
How often do you keep raising the tax percentage on the rich? Why do so many businesses leave the country and build their factories in a foreign country? Who is it that creates jobs in this country?
It has been proven that in every state where they raised taxes on the rich, it failed to balance their budget and crippled their economy worse than it was before the taxation took place.
Last year General Electric paid nothing in taxes because they got all sorts of "going green" entitlement credits. Rather than raise taxes on big corporations, we need to cut out these foolish entitlements.
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Post by hawkeye on Aug 3, 2011 13:02:41 GMT -5
Oh yes, the GE tax fiasco the liberals have put their anti corporate spin on. Here's something they don't want you to know aout GE;
NEW YORK (CNNMoney.com) -- General Electric filed more than 7,000 income tax returns in hundreds of global jurisdictions last year, but when push came to shove, the company owed the U.S. government a whopping bill of $0.
How'd it pull off that trick? By losing lots of money.
The 2009 income tax bills for America's biggest companies ranged from $0 to $15 billion. Here's why. GE had plenty of earnings last year -- just not in the United States. For tax purposes, the company's U.S. operations lost $408 million, while its international businesses netted a $10.8 billion profit.
That left GE (GE, Fortune 500) with no U.S. profit left for Uncle Sam to tax. Corporations typically face a 35% federal income tax on their earnings. Thanks to its deductions and adjustments, GE reported an actual U.S. federal income tax rate of negative 10.5%. It got to add a "tax benefit" of $1.1 billion back into its reported earnings."This is the first time in at least decades that GE has reported negative U.S. pretax income and it reflects the worst economy since the Great Depression," Anne Eisele, GE's director of financial communications, said via e-mail.
But what about the $10.8 billion profit overseas? GE is "indefinitely" deferring income tax payments on those profits, Eisele said.
It may seem like accounting magic, but it's completely legit.
GE isn't the only "Top 5" company on this year's Fortune 500 list that owed no income taxes. Bank of America (BAC, Fortune 500), which suffered major losses in 2009, included a tax benefit of $1.9 billion in its annual profit.
"That's one way of escaping taxes," said Scott Hodge, president of the Tax Foundation. "Companies get to deduct their losses, so if there's no earnings, then they pay no income tax."
But GE isn't exactly escaping all tax-related pain: The company paid almost $23 billion in taxes to governments around the world from 2000 to 2009, Eisele said.
Plus, paying the accountants to crank out 7,000 tax returns can't be cheap.
And then there's all the lawyers needed to defend those returns. GE filed tax paperwork in more than 250 jurisdictions around the world last year. "We are under examination or engaged in tax litigation in many of these jurisdictions," the company dryly notes in its annual report.
GE may not owe the IRS, but it still has to file -- and its filings are epic.
In 2006, as the IRS ramped up its corporate e-filing program, the tax agency actually issued a celebratory press release when it processed GE's tax return. On paper, the return -- the nation's largest -- would have totaled a massive 24,000 pages. But instead, the IRS was able to upload the 237 MB document in under an hour.
Reading it, though, is apparently taking a bit longer. The IRS is currently auditing GE's tax returns for 2003-2007.
It got to add a "tax benefit" of $1.1 billion back into its reported earnings
So did they actually get a tax return as so many liberals tell us they did?
Did GE get a $3.2 billion tax refund? No. Did GE pay U.S. income taxes in 2010? Yes, it paid estimated taxes for 2010 and made payments for previous years. Think of it as your having paid withholding taxes on your salary in 2010 and sending the IRS a check on April 15, 2010, covering your balance owed for 2009. Will GE ultimately pay U.S. income taxes for 2010? After much to-ing and fro-ing — the company says it hasn’t completed its 2010 tax return — GE now says that it will. Doing the math Why should you care about this? Because we all have a stake in how it plays out. Thanks to the uproar over GE, we now risk ending up with legislation that targets GE but produces all sorts of unintended consequences.
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haus
Fox Trapper
Posts: 855
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Post by haus on Aug 6, 2011 8:35:02 GMT -5
I'm doing my part. I've spent somewhere around 15K on things this year for my house and shop stuff. Craigslist and internet purchases reduced my taxes paid on those items to $0. I already paid taxes on my income so thats enough.
As for your comment on illegal things politicians do....when you make the laws then they benefit you. I'm hopeful Palin will run and get elected to office to shut up the Palin sheeple. I believed in Santa when I was a kid, but in the end my wishful thinking was wrong. Lets not forget that even if Palin was president for 8 years then you still get someone else after that. That may be long enough to see some of us into the grave but for others of us we will watch a lot more presidents come and go.
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