Category: Taxation


Feds Set Tax Haul Record: $472B In One Month

 

 

 

 

 

” The federal government set a record tax haul in April, taking in nearly a half-trillion dollars in one month alone, according to Congressional Budget Office statistics released Thursday.

  April is always a busy month with the tax deadline on April 15, but this year’s haul was historic, totaling $472 billion, far outstripping the previous monthly record, set last April, of $414 billion.

  Spending, meanwhile, was a more modest $317 billion, leaving the government with a surplus for that one month of $155 billion — also a record.”

Washington Times

 

Happy Birthday FA von Hayek

 

 

 

Wiki Bio

 

” Friedrich August Hayek ; 8 May 1899 – 23 March 1992), born in Austria-Hungary as Friedrich August von Hayek and frequently known as F. A. Hayek, was an Austrian, later turned British , economist and  philosopher best known for his defense of classical liberalism. In 1974, Hayek shared the Nobel Memorial Prize in Economic Sciences (with Gunnar Myrdal) for his “pioneering work in the theory of money and economic fluctuations and … penetrating analysis of the interdependence of economic, social and institutional phenomena”.

Hayek is an economist and major political thinker of the twentieth century. Hayek’s account of how changing prices communicate information which enables individuals to coordinate their plans is widely regarded as an important achievement in economics. He also contributed to the fields of systems  thinking ,  jurisprudenceneuroscience, and the history of ideas.

  Hayek served in World War I and said that his experience in the war and his desire to help avoid the mistakes that had led to the war led him to his career. Hayek lived in Austria, Great Britain, the United States and Germany, and became a British subject in 1938. He spent most of his academic life at the London School of Economics (LSE), the University of Chicago, and the University of Freiburg.

  In 1984, he was appointed as a member of the Order of the Companions of Honour by Queen Elizabeth II on the advice of Prime Minister Margaret Thatcher for his “services to the study of economics”. He was the first recipient of the Hanns Martin Schleyer Prize in 1984. He also received the US Presidential Medal of Freedom in 1991 from president George H. W. Bush. In 2011, his article The Use of Knowledge in Society was selected as one of the top 20 articles published in the American Economic Review during its first 100 years.

 

 

 

 

 

 

Concise Encyclopedia Of Economics:

 

” If any twentieth-century economist was a Renaissance man, it was Friedrich Hayek. He made fundamental contributions in political theory, psychology, and economics. In a field in which the relevance of ideas often is eclipsed by expansions on an initial theory, many of his contributions are so remarkable that people still read them more than fifty years after they were written. Many graduate economics students today, for example, study his articles from the 1930s and 1940s on economics and knowledge, deriving insights that some of their elders in the economics profession still do not totally understand. It would not be surprising if a substantial minority of economists still read and learn from his articles in the year 2050. In his book Commanding Heights, Daniel Yergin called Hayek the “preeminent” economist of the last half of the twentieth century.”

 

 

 

Further Reading

 

The Friedrich Hayek Quote Page

Biography of F. A. Hayek (1899-1992)Mises.org

Friedrich Hayek (Stanford Encyclopedia of Philosophy)

F. A. Hayek | Libertarianism.org

BBC News – Masters of Money: Friedrich Hayek

F.A. Hayek – Encyclopedia Britannica

BBC News – Keynes v Hayek: Two economic giants go head to head

Friedrich von Hayek Nobel Prize Winner

Videos

 

 

Bibliography

 

1920–1929

  • Monetary Theory and the Trade Cycle (1929) 

1930–1939

  • Prices and Production (1931) 
  • Monetary Nationalism and International Stability (1937) 
  • Profits, Interest and Investment (1939) 

1940–1949

1950–1959

  • “The Transmission of the Ideals of Economic Freedom,” (1951) Full Article
  • John Stuart Mill and Harriet Taylor: Their Friendship and Subsequent Marriage (1951) ISBN 978-0-678-06504-4
  • The Counter-Revolution of Science: Studies on the Abuse of Reason (1952) ISBN 978-0-913966-67-9
  • The Sensory Order: An Inquiry into the Foundations of Theoretical Psychology (1952) ISBN 978-0-226-32094-6
  • The Political Ideal of the Rule of Law (1955)

1960–1969

1970–1979

1980–1989

 

 

 

 

 

 

Exclusive: Clinton Charities Will Refile Tax Returns, Audit For Other Errors

 

 

 

 

 

 

” Hillary Clinton’s family’s charities are refiling at least five annual tax returns after a Reuters review found errors in how they reported donations from governments, and said they may audit other Clinton Foundation returns in case of other errors.

  The foundation and its list of donors have been under intense scrutiny in recent weeks. Republican critics say the foundation makes Clinton, who is seeking the Democratic presidential nomination in 2016, vulnerable to undue influence. Her campaign team calls these claims “absurd conspiracy theories.”

  The charities’ errors generally take the form of under-reporting or over-reporting, by millions of dollars, donations from foreign governments, or in other instances omitting to break out government donations entirely when reporting revenue, the charities confirmed to Reuters.

  The errors, which have not been previously reported, appear on the form 990s that all non-profit organizations must file annually with the Internal Revenue Service to maintain their tax-exempt status. A charity must show copies of the forms to anyone who wants to see them to understand how the charity raises and spends money.”

 

    If you were discovered to have wrongly reported income o your tax returns would the IRS be so kind as to give you a do-over ?

 

Reuters has the whole story

 

 

 

 

 

 

 

 

 

 

 

The Current State Of U.S. Entrepreneurship Leaves A Lot To Be Desired

 

Business Closings Hold Steady While Business Startups Decline

 

 

” The current state of entrepreneurship is receiving considerable attention as debate simmers around questions of business dynamism in the United States. According to a Gallup article, the U.S. has dropped to 12th among developed nations in terms of business startups. Economists also recently found evidence for this downward trend in business activity and attribute it to diminished incentives for entrepreneurs to start new firms.

  This raises some questions: What exactly are the factors leading to the decline in business activity in the United States? And what can be done to revive the American entrepreneurial environment?

  Economists identify the costs imposed on entrepreneurs by the regulatory environment as one of the most important influences on business dynamism. Where regulations make it difficult to start and operate businesses, entrepreneurs have a difficult time bringing new ideas and innovations to fruition. Promising entrepreneurs who face burdensome regulations might opt out of doing business or decide to take their ideas to countries with more favorable business climates.”

 

Continue reading

 

 

 

 

 

 

 

 

 

Remy: Best Song Ever! (Tax Code Edition)

 

 

 

Published on Apr 15, 2015

Remy channels One Direction to help us understand the tax code.

Written and performed by Remy. Music tracks and background vocals by Ben Karlstrom. Produced and edited by Meredith Bragg.

Approximately 2 minutes.

Visit http://reason.com/reasontv/2015/04/15… for downloadable versions and subscribe to Reason TV’s YouTube channel to get automatic notifications when new material goes live. You can follow Reason on Twitter at @reason and follow Remy on Twitter at @goremy.

LYRICS:
Make them pay four months of earnings (oh, that’s a good one)
Have them look for lost receipts (ooh, I like it!)
They’ll have about as much fun
as their last colonoscopy
People everywhere will get ripped off…
the paper version of the Apple Watch

And we’ll dance all night, it’s the best code ever
Some folks pay a lot, others they pay never
And you’ll get tax breaks if you’re really clever
It’ll take so long, it’s the best code ever
They’ll be like “oh, oh no”
We’ll be like “yeah, yeah, yeah.”
We’ll be like “awww.”

You may have heard that all your info
on our systems can be hacked with ease
But rest assured if they don’t get them
they’ll be in the care of folks like these
Yes historians will all agree
among the greatest works in history

And we’ll dance all night, it’s the best code ever
Some folks pay a lot, others they pay never
and if you don’t comply you’ll go to jail, however
Why would you not file? It’s the best code ever
They’ll be like “Oh, oh no”
We’ll be like “yeah, yeah, yeah” “

 

 

 

 

 

 

 

 

 

 

 

Look At How Many Pages Are In The Federal Tax Code

 

 

 

” As they rush to file their taxes by April 15, Americans are rightfully frustrated with the complexity of the 74,608-page-long federal tax code.

  The federal tax code is 187 times longer than it was a century ago, according to Wolters Kluwer, CCH, which has analyzed the federal tax code since 1913.

  Amazingly, in the first 26 years of the federal income tax, the tax code only grew from 400 to 504 pages. Even through President Franklin Roosevelt’s New Deal, the tax code was well under 1,000 pages. Changes during World War II made the length of the tax code balloon to 8,200 pages.

  Most of the growth in the tax code came in the past 30 years, growing from 26,300 pages in 1984 to nearly three times that length today.”

 

Read more

 

 

 

 

 

 

 

 

 

It’s Not Red State vs Blue State. It’s City vs Country

 

 

 

” As a resident of the upstate portion of New York (not the Big Apple) I have written frequently about the depressing, negative effects which liberal tax and spend policies combined with strangling regulatory burdens have had on the state, as well as the economic death spiral which has followed. Many of the complaints I hear from residents of the more rural, upstate region center on the unbalanced power held by New York City and the complete disconnect between the government and the more conservative, rural communities to the north and west. But even as a person studying and experiencing these effects first hand, I don’t think I ever grasped the full impact of this disparity in the way it’s spelled out by William Tucker of the American Media Institute.

  Binghamton, New York — once a powerhouse of industry — is now approaching Detroit in many economic measures, according to the U.S. Census. In Binghamton, more than 31 percent of city residents are at or below the federal poverty level compared to 38 percent in Detroit. Average household income in Binghamton at $30,179 in 2012 barely outpaces Detroit’s $26,955. By some metrics, Binghamton is behind Detroit. Some 45 percent of Binghamton residents own their dwellings while more than 52 percent of Detroit residents are homeowners. Both “Rust Belt” cities have lost more than 2 percent of their populations.

  Binghamton is not alone. Upstate New York — that vast 50,000-square mile region north of New York City — seems to be in an economic death spiral.

  The fate of the area is a small scene in a larger story playing out across rural America. As the balance of population shifts from farms to cities, urban elites are increasingly favoring laws and regulations that benefit urban voters over those who live in small towns or out in the country. The implications are more than just economic: it’s a trend that fuels the intense populism and angry politics that has shattered the post-World War II consensus and divided the nation.

  That comparison between the city of Binghamton and the wreckage of Detroit is a true eye opener, but it’s not the only such story in the non-city portions of the state. IBM was once the powerhouse of employment in the greater Binghamton area, employing more than 16,000 people as recently as the late 1980s. Today the entire complex has been sold to local developers and the computer giant employs a few hundred people (many of whom are contractors) renting out a tiny portion of the old complex. Kodak employed 62,000 people in Rochester during the same period as IBM’s heyday. Today there are roughly 4,000 workers. Xerox and Bausch & Lomb were also huge employers there but are now largely (or entirely) gone.

  These stories are repeated over and over again in cities and towns across the upstate region, so it’s more than coincidence. Tucker ties it all together. “

 

Read the rest of Jazz Shaw’s piece at Hot Air

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Upstate New York Is Becoming Detroit With Grass

 

 

” Binghamton, New York — once a powerhouse of industry — is now approaching Detroit in many economic measures, according to the U.S. Census. In Binghamton, more than 31 percent of city residents are at or below the federal poverty level compared to 38 percent in Detroit. Average household income in Binghamton at $30,179 in 2012 barely outpaces Detroit’s $26,955. By some metrics, Binghamton is behind Detroit. Some 45 percent of Binghamton residents own their dwellings while more than 52 percent of Detroit residents are homeowners. Both “Rust Belt” cities have lost more than 2 percent of their populations.

  Binghamton is not alone. Upstate New York — that vast 50,000-square mile region north of New York City — seems to be in an economic death spiral.

  The fate of the area is a small scene in a larger story playing out across rural America. As the balance of population shifts from farms to cities, urban elites are increasingly favoring laws and regulations that benefit urban voters over those who live in small towns or out in the country. The implications are more than just economic: it’s a trend that fuels the intense populism and angry politics that has shattered the post-World War II consensus and divided the nation.

  Upstate New York, the portion that lies beyond the New York metropolitan area, has become “The Land That Time Forgot,” a broad swath of depressed cities and low-profit farmlands that stretches from Newburgh and Poughkeepsie in the Hudson Valley through the old manufacturing centers of Schenectady and Troy, across the Allegheny Plateau to Syracuse, Rochester and Buffalo, all the way west to Jamestown, the city with the lowest percentage of college graduates in America.”

Story continues

 

 

 

 

 

 

 

 

 

More Than 100,000 Feds Owe Back Taxes

 

 

 

 

 

” Federal employees owed more in delinquent taxes last year than any year in the past decade, costing the Internal Revenue Service $1.4 billion in 2014.

  The 113,805 civilian government employees who declined to pay all of their taxes last year would be ineligible to work for federal agencies under a House bill introduced last week that would hold officials accountable for evading taxes.

  Four in 100 federal employees owed the IRS last year, according to the tax agency’s annual delinquency report released Tuesday.

  Among cabinet-level agencies, the Department of Veterans Affairs had the highest rate of tax delinquency, with 15,476 of its employees evading all or part of their taxes in 2014.

  VA staff collectively owed nearly $162 million in back taxes, the report said.”

 

Thanks to Sarah Westwood at the Washington Examiner

 

 

   Update: According to Yahoo News the total tax deficiency of federal employees is over $3.5 billion and not the $1.4 billion we previously reported :

 

” Federal workers and retirees owed more than $3.5 billion in unpaid taxes last year, a $200 million increase over the previous year, the IRS said Tuesday.”

 

 

 

 

 

 

 

 

 

 

 

This Bill Would Ban Congress From Using Taxpayer Funds For First-Class Travel

 

 

 

 

” Legislation introduced by a freshman congresswoman would ban lawmakers from using taxpayer funds for first-class flights and personal car leases.

  Rep. Gwen Graham, D-Fla., announced the Congressional Travel Perks Elimination Act in a recent statement.

“ Nine months ago, I pledged I would work to end wasteful Congressional perks. Today, I’m following through on that promise,” Graham said. “It’s a common sense idea that Republicans and Democrats can both agree on: members of Congress shouldn’t be able to charge taxpayers for first-class airfare or long-term personal car leases.”

  According to her statement, the legislation would also ban the use of taxpayer funds for personal car leases, some of which are “as high as $825 a month.” “

 

Read more

 

 

 

 

 

 

 

 

 

 

 

Americans Name Government As No. 1 U.S. Problem

 

Trends in Top "Most Important" U.S. Problems, March 2014-March 2015

 

 

 

” Americans continue to name the government (18%) as the most important U.S. problem, a distinction it has had for the past four months. Americans’ mentions of the economy as the top problem (11%) dropped this month, leaving it tied with jobs (10%) for second place.

  Though issues such as terrorism, healthcare, race relations and immigration have emerged among the top problems in recent polls, government, the economy and unemployment have been the dominant problems listed by Americans for more than a year.

  The latest results are from a March 5-8 Gallup poll of 1,025 American adults.

  While the ranking of the top two problems is similar to what Gallup found in February, mentions of the economy dropped from 16% to the current 11%. In a separate measure, Americans’ confidence in the economy had been dipping further into negative territory in late February and early March, but has been improving in recent days. “

 

 

    Read it all and rejoice as the truth finally begins to dawn on the general public …

 

“A government big enough to give you everything you want, is a government big enough to take away everything that you have.”

 

 

 

 

 

 

 

 

 

 

 

 

Lew to Congress: US Hits Debt Limit On March 16, Needs To Be Raised ASAP

 

 

” Unless Congress takes action, the U.S. will hit its debt limit on Mar. 16, but would begin taking “extraordinary measures” to finance the government on a temporary basis, according to the U.S. Treasury.

  In a Friday morning letter to House Speaker John Boehner and other House and Senate leaders, Treasury Secretary Jack Lew said that his office will be forced to suspend the issuance of State and Local Government Series securities on Mar. 13 unless the debt limit is raised.”

” ” Accordingly, I respectfully ask Congress to raise the debt limit as soon as possible,” Lew wrote in his letter.

  The Treasury secretary emphasized that “increasing the debt limit does not authorize new spending commitments,” but rather “simply allows the government to pay for expenditures Congress has already approved.”

  Congress passed the Temporary Debt Limit Extension Act in February 2014, which suspended the statutory debt limit through Mar. 15 of this year.”

 

 

    Read more , to what end we don’t know as it’s a foregone conclusion that with the spineless leadership presently in control of the “fiscally responsible” party nothing will change …

 

 

 

 

    Debt , debt and more debt as far as our children and theirs can see . A changing of the “guard” with the new republican control of both legislative branches amounts to nothing but more of the status quo .

 

 

 

 

 

 

 

 

 

 

 

U.S. Federal Employment Related To Higher Financial Well-Being

 

Financial Well-Being: Federal Workers vs. Non-Federal Workers

 

 

 

” U.S. federal government workers are thriving in their financial well-being more than the rest of the workforce. On average, 44% of federal government employees are thriving financially, compared with 34% of all other workers in the U.S.

  These findings are based on more than 80,000 interviews conducted with U.S. adults, aged 18 and older, who were employed full time from Feb. 16, 2014-Feb. 15, 2015 as part of the Gallup-Healthways Well-Being Index. For each of the five elements of well-being, Gallup classifies respondents as “thriving” (well-being that is strong and consistent), “struggling” (well-being that is moderate or inconsistent), or “suffering” (well-being that is low and inconsistent).

  Federal pay has been a topic of debate for years, with differing accounts of whether federal employees are paid more, no more or less than non-federal employees. However, financial well-being is not a direct report of salary, benefits or overall compensation. It is a composite of responses to the perceptions of standards of living, affordability of basic necessities and financial woes based on region of country, family size, cost of living, debt and various other factors that go into subjective assessments of financial situations.

  Given this description, it is possible for a person to have a higher salary but experience lower financial well-being. But for those who experience higher levels of financial well-being, they feel as if they can spend time and energy addressing other facets of well-being in their day-to-day lives, including their purpose, social, community and physical well-being. These data show that federal employment is likely associated with higher levels of economic stability and reductions in the stress of providing for a comfortable lifestyle because federal workers report higher financial well-being.”

 

 

    Lest anyone think otherwise , the tables have turned and it is you and I that are working for them . Gallup has the details .

 

 

 

 

 

 

 

 

 

 

 

 

Texas Town Sees 61% Drop In Crime After Kicking Out Cops

 

 

 

 

” Rather than degenerate into a lawless land where criminals rule the streets, a Texas town that fired its entire police department has seen a 61% decrease is crime.

  In 2012, Sharpstown, a community of 66,000 located just southwest of Houston, declined to renew its contract with the constable’s office, essentially dismissing its cops.

  Instead, the Sharpstown Civic Association hired SEAL Security Solutions, a private firm, to patrol their streets.

“ Since we’ve been in there, an independent crime study that they’ve had done [indicates] we’ve reduced the crime by 61% in just 20 months,” James Alexander, Director of Operations for SEAL, told guns.com”

 

 

The most surprising thing about this article were these revelations:

 

 

Not only has SEAL been more successful at preventing crime in Sharpstown than traditional law enforcement, they are cheaper. Sharpstown is saving $200,000 per year over their previous contract with the constable, and they get more patrol officers for less money, guns.com reported.

  So far, more than 70 communities in Harris County, where Sharpstown is located, have contracted with SEAL, according to guns.com.”

 

 

   Read the rest and note this Washington Post article of a few days ago that also highlights the rise of private police forces , albeit with the much more Statist attitude typical of that democratic mouthpiece.

 

 

 

 

 

 

 

 

 

 

 

French Factory Decline Even Worse Than Greece

 

 

French Manufacturing

 

 

 

” The economic divide between Europe’s largest economies widened in February, as a closely-watched survey showed manufacturing output in France contracted at a faster rate than Greece, despite the weakening euro.

  Output at French factories fell for a ninth consecutive month in February, as new orders dried up and overseas demand fell. This led to a further fall in employment, Markit said, as it described general demand in France as “lacklustre”.

  By contrast, a stronger rise in new business helped output at German manufacturers expand for the 22nd consecutive month in February. Markit described the latest rise as “broad-based”, but said growth was “weak by historical standards”. “

 

 

The Telegraph has more on the European socialist market doldrums 

 

 

 

 

 

 

 

 

 

 

 

 

IRS Watchdog Reveals Lois Lerner Missing Emails Now Subject Of Criminal Probe

 

 

 

 

 

 

 

” The IRS’s inspector general confirmed Thursday it is conducting a criminal investigation into how Lois G. Lerner’s emails disappeared, saying it took only two weeks for investigators to find hundreds of tapes the agency’s chief had told Congress were irretrievably destroyed.

  Investigators have already scoured 744 backup tapes and gleaned 32,774 unique emails, but just two weeks ago they found an additional 424 tapes that could contain even more Lerner emails, Deputy Inspector General Timothy P. Camus told the House Oversight Committee in a rare late-night hearing meant to look into the status of the investigation.

“There is potential criminal activity,” Mr. Camus said.”

    The accompanying video , while not directly addressing the latest news on the “destroyed” emails’ recent recovery , provides readers willing to spend the time watching it with a broad overview of the entire scandal .

    Washington Times has much more on the latest developments in what is finally turning into a criminal investigation of Obama’s IRS .

The 15 Most Expensive Places To Live In America

 

 

 

 

 

” After paying your rent or mortgage, transportation, utilities, and any other bills, how much do you have left at the end of the month? The answer probably depends largely on where you live.

  FindTheBest created a cost of living index based on 2013 family budget estimates for housing, taxes, healthcare, childcare, transportation, and “other necessities” (like food) from the Economic Policy Institute to compare, in over 600 counties and metro areas across the US, where your dollar goes the farthest.

  The average overall index for US cities and metro areas is 100, so a city with an index of 120 is 20% more expensive than average, and a city with an index of 80 is 20% cheaper than average.”

 

 

   Welcome to the wonderful northeast , land of high taxes , stifling regulation and home to ten of the fifteen most expensive places to live in America , including four out of the top five  , and the “winner” of the title of most expensive place to live in the US is … drum roll please …

 

 

” 1. Nassau-Suffolk Counties, New York

Nassau-Suffolk index: 155

State index: 120

  Nassau and Suffolk Counties, on Long Island, aren’t the highest in the country in terms of housing, taxes, or healthcare, but they’re up there in each category, and that’s enough to make the area the most expensive place to live in America. Also a major New York City commuting hub, it’s known for high property taxes and pricey real estate, especially in Nassau County. Suffolk is home to the Hamptons, a popular summer spot for the wealthy and the famous.”

 

 

   See about your area at Business Insider . Something to consider as you peruse the map above; which states/areas are producing jobs ? With the exception of the DC area which is awash in record tax receipts , the most expensive areas are also the ones struggling to produce enough growth to meet the local population’s demands . 

 

 

 

 

 

 

 

 

 

 

 

 

Obama’s DHS Spent Nearly $150M On Office Furniture And Makeovers

 

 

 

 

” Funding for the Department of Homeland Security (DHS)—which is due to expire at the end of this week unless an agreement in Washington is reached—has continued to rise under President Barack Obama. His administration claims the agency’s increased funding is necessary to protect the homeland, but records show that the DHS has continued to increase its spending on furniture and office makeovers as its budget has been increased.

  A review of records on the official government spending website by the Washington Free Beacon shows the agency has spent nearly $150 million on office furniture and makeovers since Obama took office. Those fiscal years for which he has been responsible and whose budgets have been enacted are FY2010 through 2014.

“ The FY 2015 Budget reflects the Administration’s strong commitment to protecting the homeland and the American people through the effective and efficient use of DHS resources, continuing the focus on preserving frontline priorities across the Department by cutting costs, sharing resources across Components, and streamlining operations wherever possible,” the administration’s request states.

  Each year under Obama the administration, DHS funding has increased. The FY 2015 budget request is $60.9 billion, compared with FY 2014’s budget of $60.7 billion. In fiscal year 2013, the DHS budget was $59.2 billion. By contrast, President George W. Bush’s last budget for DHS for FY 2009 was $52.5 billion.

  Records show that the DHS spent $147.7 million on furniture for FY 2010 through 2014.”

 

Much more on the obscene spending at DHS from the Free Beacon

 

 

 

 

 

 

 

 

 

 

 

 

 

The Economy’s Worst 8-Year Run In 62 Years

 

8yearGDPgrowthPostWW2to2014

 

 

 

” A couple of publications have noted that 2014 was the ninth consecutive year during which the U.S. economy grew by less than 3 percent.

  They’re being too kind. Last year was the eighth year in a row of sub-2.5 percent growth, following four straight years (2003-2006) of higher growth.

  It’s hardly a coincidence that the first year of that awful 2007-2014 streak just so happens to have been the same year that the Democratic Party took legislative control in Washington.

  The nation’s political and media elites were quite pleased with themselves when the November 2006 elections brought about that result, largely because their daily hostility to all things Republican and/or conservative contributed mightily to it. They were absolutely ecstatic when Barack Obama, Mr. Perfectly Creased Pants, won the November 2008 presidential election and took office in January 2009.

  As will be seen shortly, the former event marked the beginning of the U.S. economy’s worst eight-year stretch since 1945-1952. Obama’s presence in the Oval Office until January 2017 virtually ensures that we’ll have at least two more years of the policies which brought on that miserable result.”

 

Read on at PJMedia

 

 

 

 

 

 

 

 

 

 

 

Biden: Middle Class ‘In Worst Shape Since 1920’, Is Currently ‘Being Killed’

 

 

 

     Who do you suppose is responsible for the death of the middle class Joe ? I’ll give you a hint , only one pair of Bozo’s have been in charge for the past half dozen years .

There’s a campaign slogan for the Democrats … “We’re number 27” … run Joe , run …

Southern Tier Towns Looking To Cut NY Ties

 

 

Southern Tier Secession

 

 

 

” The local economy is pushing one organization in Upstate New York to pose a question: Is it possible to secede to Pennsylvania?

  The Upstate New York Towns Association is researching this very topic. The group says a few factors pushing its research are high property taxes, low sales tax revenue and the recent decision to ban hydraulic fracturing in New York.

” The Southern Tier is desolate,” said Conklin Town Supervisor Jim Finch (R). “We have no jobs and no income. The richest resource we have is in the ground.”

  Finch said the ground in Conklin is rich with natural gas in the Marcellus Shale. However, that shale is unable to be tapped. He described this ban as a violation of his natural rights as a property owner.

  There are 15 towns interested in the secession, according to the Towns Association. These towns are in Broome, Delaware, Tioga and Sullivan counties. The association declined to name the towns without their permission and also declined to comment on specifics at this time. As of now, research is ongoing. The group will be updating Action News with all of their findings in the coming weeks.

  The association said it’s comparing taxes and the cost of doing business in the two states. It says the facts show there is a huge difference between the two. “

 

 

Read more on the legacy of Andy Cuomo and the democrat’s iron grip on state politics .

 

 

 

 

 

 

 

 

 

 

US Charges Iowa Widow Over How She Deposited Husband’s Cash

 

 

 

” An Iowa widow is charged with a crime and had nearly $19,000 seized from her bank after depositing her late husband’s legally earned money in a way that evaded federal reporting requirements.

  Janet Malone, 68, of Dubuque, is facing civil and criminal proceedings under a law intended to help investigators track large sums of cash tied to criminal activity such as drug trafficking and terrorism. But some members of Congress and libertarian groups have complained that the IRS and federal prosecutors are unfairly using it against ordinary people who deposit lawfully obtained money in increments below $10,000.

  At issue is a law requiring banks to report deposits of more than $10,000 cash to the federal government. Anyone who breaks deposits into increments below that level to avoid the requirement is committing a crime known as “structuring” — whether their money is legal or not.

  The IRS has increasingly used civil forfeiture proceedings to seize money from individuals and small businesses suspected of structuring violations, according to a review by the Institute for Justice, a libertarian group. The agency seized $242 million in 2,500 cases from 2005 to 2012 — a third of which arose from nothing more than cash transactions under $10,000. Nearly half was returned after owners challenged the action, often a year later.”

 

Story continues

 

 

 

 

 

 

 

 

 

 

 

 

Record 3,415 Americans Give Up Citizenship

 

 

 

 

” While politicians are focused on all the foreigners who want to become Americans, perhaps they should consider all the Americans who are becoming foreigners.

  According to the latest data from the Treasury Department, spotted by Andrew Mitchel at the International Tax Blog, a record 3,415 Americans renounced their citizenship in 2014. That was up from the 2,999 in 2013 and more than triple the number for 2012.

  You can read the list of individuals who renounced here. “

 

Read more

 

 

 

 

 

 

 

 

 

 

 

An Email From A Friend

 

 

 

 

” Tina Griego is (was) a Free-Lance reporter for the Denver Post . She writes some really good stuff and she is a strong advocate for LEGAL immigration … Homework on issues is part of her make-up and fabric …

What if they left?

  Somebody really did their homework on this one.  Best on the subject to date.  It does not have a political slant to it, it’s just the facts:  Not Democratic, not Republican, not liberal and not conservative.

What if 20 Million Illegal Aliens Vacated America?

 

  I, Tina Griego, journalist for the Denver Rocky Mountain News wrote a column titled, “Mexican Visitor’s Lament.” 

  I interviewed Mexican journalist Evangelina Hernandez while visiting Denver last week.  Hernandez said, “Illegal aliens pay rent, buy groceries, buy clothes.  What happens to your country’s economy if 20 million people go away?”

 

Hmmm, I thought, what would happen? 

So I did my due diligence, buried my nose as a reporter into the FACTS I found below.

  It’s a good question… it deserves an honest answer.  Over 80% of Americans demand secured borders and illegal migration stopped.  But what would happen if all 20 million or more vacated America?  The answers I found may surprise you!

 

  In California, if 3.5 million illegal aliens moved back to Mexico, it would leave an extra $10.2 billion to spend on overloaded school systems, bankrupt hospitals and overrun prisons.  It would leave highways cleaner, safer and less congested.  Everyone could understand one another as English became the dominant language again. 

  In Colorado, 500,000 illegal migrants, plus their 300,000 kids and grandchildren would move back “home,” mostly to Mexico.  That would save Colorado an estimated $2 billion (other experts say $7 billion) annually in taxes that pay for schooling, medical, social-services and incarceration costs.  It means 12,000 gang members would vanish out of Denver alone. 

Colorado would save more than $20 million in prison costs, and the terror that those 7,300 alien criminals set upon local citizens.  Denver Officer Don Young and hundreds of Colorado victims would not have suffered death, accidents, rapes and other crimes by illegals.

  Denver Public Schools would not suffer a 67% dropout/flunk rate because of thousands of illegal alien students speaking 41 different languages.  At least 200,000 vehicles would vanish from our gridlocked cities in Colorado.  Denver’s 4% unemployment rate would vanish as our working poor would gain jobs at a living wage. 

  In Florida, 1.5  million illegals would return the Sunshine State back to America, the rule of law, and English.

  In Chicago, Illinois, 2.1 million illegals would free up hospitals, schools, prisons and highways for a safer, cleaner and more crime-free experience. 

  If 20 million illegal aliens returned ‘home,’ the U.S.  Economy would return to the rule of law.  Employers would hire legal American citizens at a living wage.  Everyone would  pay their fair share of taxes because they wouldn’t be working off the books.  That would result in an additional $401 billion in IRS income taxes collected annually, and an equal amount for local, state and city coffers.

  No more push ‘1’ for Spanish or ‘2’ for English.  No more confusion in American schools that now must contend with over 100 languages that degrade the educational system for American kids.  Our overcrowded schools would lose more than two million illegal alien kids at a cost of billions in ESL and free breakfasts and lunches. 

  We would lose 500,000 illegal criminal alien inmates at a cost of more than $1.6 billion annually.  That includes 15,000 MS-13 gang members who distribute $130 billion in drugs annually would vacate our country. 

  In cities like L.A., 20,000 members of the ’18th Street Gang’ would vanish from our nation.  No more Mexican forgery gangs for ID theft from Americans!  No more foreign rapists and child molesters! 

  Losing more than 20 million people would clear up our crowded highways and gridlock.  Cleaner air and less drinking and driving American deaths by illegal aliens!

  America’s economy is drained.  Taxpayers are harmed.  Employers get rich.  Over $80 billion annually wouldn’t return to the aliens’ home countries by cash transfers.  Illegal migrants earned half that money untaxed, which further drains America’s economy which currently suffers an $8.7 trillion debt.  $8.7 trillion debt!!! 

  At least 400,000 anchor babies would not be born in our country, costing us $109 billion per year per cycle.  At least 86 hospitals in California, Georgia and Florida would still be operating instead of being bankrupt out of existence because illegals pay nothing via the EMTOLA Act.  Americans wouldn’t suffer thousands of TB and hepatitis cases rampant in our country – brought in by illegals unscreened at our borders. 

  Our cities would see 20 million less people driving, polluting and grid locking our cities.  It would also put the ‘progressives’ on the horns of a dilemma; illegal aliens and their families cause 11% of our greenhouse gases. 

  Over one million of Mexico’s poorest citizens now live inside and along our border from Brownsville, Texas, to San Diego, California, in what the New York Times called, ‘colonias’ or new neighborhoods.  Trouble is, those living areas resemble Bombay and Calcutta where grinding poverty, filth, diseases drugs, crimes, no sanitation and worse.  They live without sewage, clean water, streets, roads, electricity, or any kind of sanitation.

  The New York Times reported them to be America’s new ‘Third World’ inside our own country.  Within 20 years, at their current growth rate, they expect 20 million residents of those colonias.  (I’ve seen them personally in Texas and Arizona; it’s sickening beyond anything you can imagine.) 

  By enforcing our laws, we could repatriate them back to Mexico.  We should invite 20 million aliens to go home, fix their own countries and/or make a better life in Mexico.  We already invite a million people into our country legally annually, more than all other countries combined.  We cannot and must not allow anarchy at our borders, more anarchy within our borders and growing lawlessness at every level in our nation.

 

It’s time to stand up for our country, our culture, our civilization and our way of life. 

Interesting Statistics!

  Here are 14 reasons illegal aliens should vacate America, and I hope they are forwarded over and over again until they are read so many times that the reader gets sick of reading them:

 

  1. $14 billion to $22 billion dollars are spent each year on welfare to illegal aliens (that’s Billion with a ‘B’)  < <http://tinyurl.com/zob77.html> http://tinyurl.com/zob77.html>

 

  1. $7.5 billion dollars are spent each year on Medicaid for illegal aliens.   < <http://www.cis.org/articles/2004/fiscalexec.html> http://www.cis.org/articles/2004/fiscalexec.html>

 

  1. $12 billion dollars are spent each year on primary and secondary school education for children here illegally and they  still cannot speak a word of English! < <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html>

 

  1. $27 billion dollars are spent each year for education for the American-born children of illegal aliens, known as anchor babies. < <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html>

 

  1. $3 Million Dollars ‘PER DAY’ is  spent to incarcerate illegal aliens.  That’s $1.2 Billion a year. < <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html>

 

  1. 28% percent of all federal prison inmates are illegal aliens .< <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01…html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01…html>

 

  1. $190 billion dollars are spent each year on illegal aliens for welfare & social services by the American taxpayers.  < <http://transcripts.cnn.com/TRANscriptS/0610/29/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0610/29/ldt.01.html>

 

  1. $200 billion dollars per year in suppressed American wages are caused by the illegal aliens. <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.HTML> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.HTML

 

  1. The illegal aliens in the United States have a crime rate that’s two and a half times that of white non-illegal aliens.  In particular, their children, are going to make a huge additional crime problem in the US. < <http://transcripts.cnn.com/TRANscriptS/0606/12/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0606/12/ldt.01.html>

 

  1. During the year 2005, there were 8 to 10 MILLION illegal aliens that crossed our southern border with as many as 19,500 illegal aliens from other terrorist countries.  Over 10,000 of those were middle-eastern terrorists.  Millions of pounds of drugs, cocaine,  meth, heroin, crack, guns, and marijuana crossed into the U.S. from  the southern border.  < <http://tinyurl.com/t9sht> http://tinyurl.com/t9sht<; <http://tinyurl.com/t9sht> http://tinyurl.com/t9sht>

 

  1. The National Policy Institute, estimates that the total cost of mass deportation would be between $206 and $230 billion, or an average cost of between $41 and $46 billion  annually over a five year period.  < <http://www.nationalpolicyinstitute.org/publications.php?b=deportation> http://www.nationalpolicyinstitute.org/publicationsphp?b=deportation>

 

  1. In 2006, illegal aliens sent home $65 BILLION in remittances back to their countries of origin, to their families and friends.  < <http://www.rense.com/general75/niht.htm> http://www.rense.com/general75/niht.htm>

 

  1. The dark side of illegal immigration:  Nearly one million sex crimes are committed by illegal immigrants in the United States!  < <http://www.drdsk.com/articleshtml> http://www.drdsk.com/articleshtml>

 

Total cost a  whopping $538.3 BILLION DOLLARS A YEAR ! 

If this doesn’t bother YOU, then just delete the message.  Otherwise, forward this to everyone YOU know!

Are you crying or laughing ? “

 

 

    While we seem to be a little behind the times seeing as how this commentary was published years ago , we felt that it was worth repeating . Although we were unable to track down a link to the original article it has been published on an endless number of blogs and websites over the past few years .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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