Oh, really?
Just out of curiosity, has it become illegal yet to tell federal officials to fuck off and die?
Asking for a friend — who also wants to know where it says in the Constitution that the federal government can do that.
Oh, really?
Just out of curiosity, has it become illegal yet to tell federal officials to fuck off and die?
Asking for a friend — who also wants to know where it says in the Constitution that the federal government can do that.
Leaving aside the universally-loathed (by taxpayers) the tax on wages (misnamed the “income” tax), the most unpopular piece of governmental theft is that of the inheritance tax. And with good reason.
In the not-too-distant past, inheritance taxes were the only stream of tax revenue which actually cost more to collect than the revenue thus obtained. (In 2005, as I recall, the cost of collection per dollar was $1.07, and prior to that it went as high as $1.13, before the IRS — with the willing aid of Congress — “improved” their tax collection ratio simply by disallowing many of the cutouts and exceptions.)
But what’s interesting about these taxes is that they were hated even by Americans who would never pay a dime after their parents passed away — the implicit unfairness of the tax’s rationale that the inheritor never “earned” that inheritance, and therefore it was “unfair” and should be redistributed confiscated by the State, was understood by everyone to be total bullshit (born of pure Socialist wealth envy).
Now try this little piece of bastardy, courtesy of President Braindead’s handlers:
Democrats in Congress have made no secret of their desire to slip all sorts of tax hikes into the various massive legislative packages that have thus far (thankfully) remained bogged down in the Senate. They would like to see a significant increase in the gas tax to pay for the liberal wish list known as “infrastructure.” There’s also a continued push for a so-called “wealth tax” on people who are considered by the Dems’ socialist wing to have “too much money.” But one of the most controversial of these plans is the call to greatly expand the inheritance tax, more correctly known as the death tax. However, describing it as either an expansion or an increase isn’t accurate. The New York Post took a look at the plan this week and revealed that what they really want to do is create an entirely new category of taxation for the estates of the deceased, treating the transfer of assets to survivors as a capital gains event.
And it gets better:
For those of you who are thinking that this is “somebody else’s problem” because it only applies to the rich and famous, think again. If you’ve ever read Thomas Stanley’s 2010 bestseller, “The Millionaire Next Door,” you probably understand how this works. If you work throughout most of your life, put money away into any sort of retirement plans, and own your own home, you can break the millionaire barrier without too much trouble by the time you are in your sixties. No, not everyone in the middle class manages it, but this applies to a lot more people than you might think.
If you are fortunate enough to live for a very long time after you retire, you may burn through a fair bit of that wealth. But if you unfortunately only make it to somewhere around the national American average life expectancy, in your mid-70s or even late-60s, you could still be sitting on a tidy sum to help your family along. But nearly 80% of that wealth would evaporate under Biden’s new scheme.
And to reiterate:
Good luck figuring out the arguments in favor of a system of governmental robbery like this. Aside from envy and a desire to eat the rich or “redistribute” everything, there aren’t many. But one of the most compelling arguments against this capital gains concept is that we would be treating wealth held in individual estates the same as income. And all of that money and value has already been taxed. Every estate tax represents a case of double taxation on the same income via renaming the fingers coming to pick your pockets. Don’t let them get away with it. Estate taxes should be repealed, not effectively doubled.
This would be my suggestion to stop them getting away with this new kind of theft, but no doubt someone will have a problem with it.
Here’s one that’s sure to please all Texans:
The Electric Reliability Council of Texas (ERCOT) is asking Texans to reduce electric use as much as possible today through Friday, June 18. A significant number of forced generation outages combined with potential record electric use for the month of June has resulted in tight grid conditions.
Lest we forget, this is the same bunch of incompetent assholes who were responsible for Texas’s power outages in February of this year, during the coldest weeks in recent history.
Now, as we inch towards peak summer with daily temperatures already in the high 90s, we’re told to expect power outages, again?
My question is quite simple: what is the point of ERCOT’s existence, if they can’t ensure reliable electricity?
Just as they’ve been doing with the gun industry and other such activities they don’t approve of, banks (aided and abetted by the usual assholes e.g. John Fuckface Kerry) have turned their fevered gaze towards the eeeevil energy companies.
Climate envoy John Kerry is prodding major U.S. banks privately to announce commitments for climate-friendly finance as part of the administration’s climate change policy rollout at President Joe Biden’s Earth Day summit next month.
…and of course because banks are in business purely at the behest of government, they will no doubt hasten to do what he tells them.
This Green bullshit has to stop, and I’m glad to see that some states are fighting back.
Fifteen state treasurers told Climate Envoy John Kerry to stop pressuring banks and financial institutions to drop the states because if they do then the states will drop them. The states include Texas, Oklahoma, and coal-heavy West Virginia.
Don’t mess with Texas, assholes.
…a.k.a. Fascism is upon us. Joel Kotkin explains how and why.
Local banks have disappeared and been replaced by online and large national financial institutions. Between 1983 and 2018, the number of banks fell from 11,000 to barely 4,000. This is not an anomaly, but a trend.
…
Today, a handful of giant corporations account for nearly 40 percent of the value of the Standard and Poor Index, a level of concentration unprecedented in modern history.
…
Alphabet, Amazon, Apple, Facebook, and Microsoft now make up 20 percent of the stock market’s total worth.
And Kotkin goes on to explain, in revolting detail, just what that means to us ordinary people.
It’s not enough to obey Big Brother and it’s not enough to love Big Brother; now you have to do business with Big Brother, if you want to have any kind of life.
I knew things were bad… I just didn’t know how bad. Read the whole thing; why should I be the only one depressed?
And now, if you’ll excuse me, I’m off to the range. I only get to move back into the apartment after lunch, so I might as well do something productive till then.
Yesterday, I expressed my consternation at this little event — which took place not a mile from where I am right now, and where I drive through all the time:
In the incident, which occurred last week, BLM marchers illegally blocked a public street, trapping motorists. Such situations have happened across the nation over the past year, often resulting in violence. In the Plano video, one man emerges from his car and yells at the BLM protesters to clear the street. They not only do not clear the street, one of them also brandishes a weapon of some sort at the man. A Plano police officer looks on, does nothing to clear the street, and instead seems to side against the motorist — who is legally in the right.
Looks as though the Plano Police Chief has landed himself in the doodoo with TXAG Paxton: After reviewing the incident, our First Lawyer had this to say:
Reckon it’s time someone got fired — and I’m not talking about Paxton.
Frankly, I don’t care if you think you have to “negotiate with these people” when in fact they are breaking the fucking law. If I’d parked my car across the intersection and refused to move it, how long do you think it would have taken for the Plano PD to have me in cuffs? Or, if there were four of us White boys blocking the road with our cars protesting (say) the stolen election of 2020, the fuzz would have descended on us like Genghis Khan, only with better weaponry. And if one of us had pointed something that looked like a gun — I don’t care whether it was a pepper gun, taser or toy pistol — the cops would have shot his ass dead.
And all of Plano would probably have applauded.
Let me get this straight. While Plano is more conservative than Dallas, it’s not as conservative as the rest of Texas (thanks to the huge influx of New Yorkers, Californians, Chinese, Indians and Pakistanis into the area as we’ve become some kind of Mecca [sic] for the Big Business flight away from, duh, California and the Northeast). We have a Black mayor, a Black police chief, several Blacks, Chinese and Indians on the city council and school district board, and all the rest of the stuff that has allowed the hallowed “diversity” to flourish, only without any fanfare or box-ticking.
Nevertheless, Plano is still reliably conservative, and up until now, the Police Department has been too, with a strong law-and-order attitude which we citizens of Plano have supported to the hilt.
And now? A police chief who bleats about “having to negotiate” with violent criminals? I don’t care if the police are “caught in the middle”; that’s their fucking job. They are supposed to be the “thin blue line” between law-abiding citizens and criminal bandits.
Like I said, someone needs to be fired, or else the shit is really going to hit the fan. Next time, the guy who jumps out of his car and, all by himself, shouts at protesters to clear the street, may well be carrying a handgun, or more. (There’s a very good reason that our local gun store shelves are empty of both guns and ammunition.) And if the cop on the scene — or his boss — aligns himself with the criminals, don’t be surprised if he’s treated like one of them, because it’s no less than he deserves.
And if the city cops are unable or unwilling to do their job, Paxton has only to unleash the state police and, gawd help us, the Texas Rangers. We’re cool with that, I think.
This bullshit has to stop, nipped in the bud right now. Let’s hope that Paxton gets it done, or there’s going to be a serious shit show. Plano is not fucking Los Angeles or Chicago or New York; we’re not even fucking Austin. And without serious action, the powers that be are going to find that out, big time.