Tag Archives | Taxes

Assessing the QDR and 2011 Defense Budget

By Gordon Adams at the Bulletin of the Atomic Scientists:

The new Quadrennial Defense Review (QDR) and the fiscal year 2011 defense budget request have arrived. Unfortunately, they miss the mark: The QDR vastly expands the military’s missions, and the budget responds in kind by expanding for the fourteenth consecutive year.

Defense Secretary Robert Gates argued that the two documents were “shaped by a bracing dose of realism” with regard to risk and resources. I respectfully disagree. The QDR’s risk assessment piles on missions like a short-order cook stacks pancakes at IHOP, setting no priorities between near-term challenges and long-term requirements. And the budget continues to accommodate such a limitless agenda. The bottom line: This lack of discipline will broaden the country’s defense requirements and expand military spending in ways that will make establishing budget and mission discipline in the future even more difficult.


http://www.defense.gov/specials/unifiedcommand/images/unified-command_world-map.jpg

The lack of budget discipline deconstructed.

Read the rest
Continue Reading

A History of American Tax Revolts (Photos)

Newsweek presents:

Boston Tea Party

Nobody likes taxes. But some people really don’t like taxes. Joseph Stack, a software engineer in a long-running feud with the Internal Revenue Service, crashed his small airplane into an Austin, Texas, office building that housed nearly 200 IRS workers on Feb. 18, 2010. Stack and a man believed to be an IRS employee were killed in the crash. The Austin attack is just the latest in a long history of protests against the government’s power to tax. Before the United States even existed, patriots staged the Boston Tea Party in protest of the British crown’s taxation of the Colonies.

See the photos and read the stories of the history of tax revolt in America on Newsweek

Read the rest

Continue Reading

Wesley Snipes, Joe Stack and the Growth of the Tax Resistance Movement

Federal tax authorities spend a lot of time trying to convince Americans like IRS attacker Joe Stack that paying taxes is part of one’s civic duty. But resistance – though not violence – is downright American, say tax protesters like Wesley Snipes. Patrick Johnson reports for the Christian Science Monitor:

Commenting on the suicide plane attack on an IRS office building in Austin, Texas, by tax resister Joe Stack, actor and tax protester Wesley Snipes shrugged his shoulders and said: “I think [tax revolt] was an issue even for the early colonists and the British, so what’s new?”

The Boston Tea Party. The Whiskey Rebellion. The Sagebrush Rebellion.

Since its very founding, the US has been awash in sometimes violent anti-tax movements, giving way to a strain, amid ever broader federal reach, of a particularly pervasive, and more individualistic, form of rebellion in the late 20th century: The tax-resistance, or tax-denial, phenomenon.

Read the rest
Continue Reading

The United Nations’ Global Tax Plan

Flag_of_WHORemembering, please, that this story is coming from FOX News, could these proposed taxes really be the beginning of one world governance?

A member of a World Health Organization (WHO) panel of experts that is pondering new global taxes on e-mails, alcohol, tobacco, airline travel and consumer bank transactions, has charged that she was given only selective information at group meetings, that deliberations were rushed and that group was “manipulated” by the international pharmaceuticals industry.

All of her charges were strongly denied by the head of WHO’s Expert Working Group on Research and Development Financing (EWG), a 25-member panel of medical experts, academics and health care bureaucrats which is due to present a 98-page report in Geneva on Monday, after 14 months of deliberations on “new and innovative sources of funding” to reshape the global medical industry.

A copy of the executive summary of the report was obtained by Fox News on January 15 — the same day, as it happens, that the EWG’s dissident member first aired her charges in a letter to members of WHO’s 34-member supervisory Executive Board.

Read the rest
Continue Reading

Pentagon Spends More on War Than All 50 States Combined Spend To Operate

PentagonSherwood Ross writes on the Intelligence Daily:

The U.S. spends more for war annually than all state governments combined spend for the health, education, welfare, and safety of 308 million Americans.

Joseph Henchman, director of state projects for the Tax Foundation of Washington, D.C., says the states collected a total of $781 billion in taxes in 2008.

For a rough comparison, according to Wikipedia data, the total budget for what the Pentagon calls “defense” in fiscal year 2010 will be at least $880 billion and could possibly top $1 trillion. That’s more than all the state governments collect.

Henchman says all American local governments combined (cities, counties, etc.) collect about $500 billion in taxes. Add that to total state tax take and you get over $1.3 trillion. This means Uncle Sam’s Pentagon is sopping up nearly as much money as all state, county, city, and other governmental units spend to run the country.

Read the rest
Continue Reading

Switzerland To Turn Over Secret Bank Account Names

The Wall Street Journal reports that the Swiss government will be revealing to the U.S. government the names of all U.S. taxpayers holding Swiss bank accounts with balances greater than 1 million Swiss francs ($993,000).

The IRS is chomping at the bit: for decades, rich Americans have hidden money tax-free in secret Swiss bank accounts. Up to October 15, the IRS briefly offered a “Voluntary Disclosure” Program for all offshore account holders with undeclared income, giving people a chance to come clean and face reduced penalties. The program experienced a tsunami of applicants towards the final deadline, receiving about 14,700 confessions, far greater than expected.

Now the amnesty period is up.

Read the rest

Continue Reading

Secret Plan For European Union Income Tax

The UK’s Daily Express is claiming that something unthinkable is in the works: an EU income tax. Remember, EU residents, that US residents once thought there would never be a US federal income tax either…

Secret plans to seize more than £4billion a year from Britain and make its citizens pay taxes direct to Europe emerged last night.

The leaked proposals, seen by the Daily Express, state that Britain should lose the billions of pounds in rebate that was agreed by Margaret Thatcher 25 years ago.

The plans – with a foreword by European Union Commissioner Jose Manuel Barroso – would cost every British family at least £155 a year.

They would also mean Brussels being given the power to dip straight into taxpayers’ pockets.

The proposals prompted fury last night…

Read the rest

Continue Reading