Fact!

On 5/6/2024 9:18 AM, Paul Szypula wrote:
> Fact!

Ha ha ha! *HA HA HA HA HA HA*!

You're right, of course. I think 2016 was one of the years in which Trump paid
no federal income tax at all.

On Mon, 6 May 2024 09:31:57 -0700, Mike Colangelo <air@vatican_.con>
wrote:

>On 5/6/2024 9:18 AM, Paul Szypula wrote:
>> Fact!
>
>Ha ha ha! *HA HA HA HA HA HA*!
>
>You're right, of course. I think 2016 was one of the years in which Trump paid
>no federal income tax at all.

Stormy made Donald pay a Bitch's tax.

In article <v1avs9$2lkdn$1@dont-email.me>, privatemail@protonmail.com wrote:

>Fact!

TROLL-O-METER
5* 6* *7
4* *8
3* *9
2* *10
1* | *stuporous
0* -*- *catatonic
* |\ *comatose
* \ *clinical death
* \ *biological death
* _\/ *demonic apparition
* * *damned for all eternity

On 5/6/2024 10:17 AM, Ubiquitous wrote:
> In article <v1avs9$2lkdn$1@dont-email.me>, privatemail@protonmail.com wrote:
>
>> Fact!
>
>
>
> TROLL-O-METER

Says one of the vilest, most worthless trolls in all of Usenet.

On 5/6/2024 12:18 PM, Paul Szypula wrote:
> Fact!

So what? I paid more taxes on my pension one year than the company I
retired from did that year. That was before Trump cut business taxes as
the company was losing money in the US and profiting abroad where tax
was less.

On 5/6/2024 12:18 PM, Paul Szypula wrote:
> Fact!

She deserves it more.

Frank <"frank "@frank.net> wrote in news:v1b90p$2njqv$2@dont-email.me:

> On 5/6/2024 12:18 PM, Paul Szypula wrote:
>> Fact!
>
> So what? I paid more taxes on my pension one year than the company I
> retired from did that year. That was before Trump cut business taxes as
> the company was losing money in the US and profiting abroad where tax
> was less.

That "losing money" in the US is "creative" bookkeeping.

On 5/6/2024 4:04 PM, Baxter wrote:
> Frank <"frank "@frank.net> wrote in news:v1b90p$2njqv$2@dont-email.me:
>
>> On 5/6/2024 12:18 PM, Paul Szypula wrote:
>>> Fact!
>>
>> So what? I paid more taxes on my pension one year than the company I
>> retired from did that year. That was before Trump cut business taxes as
>> the company was losing money in the US and profiting abroad where tax
>> was less.
>
> That "losing money" in the US is "creative" bookkeeping.

That is what big international companies do. When Trump lowered
business taxes the US actually collected more tax revenue. Otherwise
Ireland may have gotten it.

Frank <"frank "@frank.net> wrote in news:v1bnj5$2r2l3$1@dont-email.me:

> On 5/6/2024 4:04 PM, Baxter wrote:
>> Frank <"frank "@frank.net> wrote in
>> news:v1b90p$2njqv$2@dont-email.me:
>>
>>> On 5/6/2024 12:18 PM, Paul Szypula wrote:
>>>> Fact!
>>>
>>> So what? I paid more taxes on my pension one year than the company
>>> I retired from did that year. That was before Trump cut business
>>> taxes as the company was losing money in the US and profiting abroad
>>> where tax was less.
>>
>> That "losing money" in the US is "creative" bookkeeping.
>
> That is what big international companies do. When Trump lowered
> business taxes the US actually collected more tax revenue. Otherwise
> Ireland may have gotten it.
>

No, they didn't. And tRump hamstrung the IRS so that it couldn't go after
the rich scofflaws.

On 2024-05-07, Baxter <bax02_spamblock@baxcode.com> wrote:
> Frank <"frank "@frank.net> wrote in news:v1bnj5$2r2l3$1@dont-email.me:
>
>> On 5/6/2024 4:04 PM, Baxter wrote:
>>> Frank <"frank "@frank.net> wrote in
>>> news:v1b90p$2njqv$2@dont-email.me:
>>>
>>>> On 5/6/2024 12:18 PM, Paul Szypula wrote:
>>>>> Fact!
>>>>
>>>> So what? I paid more taxes on my pension one year than the company
>>>> I retired from did that year. That was before Trump cut business
>>>> taxes as the company was losing money in the US and profiting abroad
>>>> where tax was less.
>>>
>>> That "losing money" in the US is "creative" bookkeeping.
>>
>> That is what big international companies do. When Trump lowered
>> business taxes the US actually collected more tax revenue. Otherwise
>> Ireland may have gotten it.
>>
>
> No, they didn't. And tRump hamstrung the IRS so that it couldn't go after
> the rich scofflaws.

The IRS gets far more collections, in total, from the average taxpayer than they do from the uber
rich.

Why?

The uber rich have lawyers, accountants and so forth on the payroll to tie things up in court.
The average shmo does not.

--
pothead
Joe Biden is the absolute WORST President Of the U.S. ever.
Nobody else is even close. Including Jimmy Carter.
Vote for ANYBODY but Joe Biden in 2024.

pothead <pothead@snakebite.com> wrote in
news:v1c57g$31fb0$1@dont-email.me:

> On 2024-05-07, Baxter <bax02_spamblock@baxcode.com> wrote:
>> Frank <"frank "@frank.net> wrote in
>> news:v1bnj5$2r2l3$1@dont-email.me:
>>
>>> On 5/6/2024 4:04 PM, Baxter wrote:
>>>> Frank <"frank "@frank.net> wrote in
>>>> news:v1b90p$2njqv$2@dont-email.me:
>>>>
>>>>> On 5/6/2024 12:18 PM, Paul Szypula wrote:
>>>>>> Fact!
>>>>>
>>>>> So what? I paid more taxes on my pension one year than the
>>>>> company I retired from did that year. That was before Trump cut
>>>>> business taxes as the company was losing money in the US and
>>>>> profiting abroad where tax was less.
>>>>
>>>> That "losing money" in the US is "creative" bookkeeping.
>>>
>>> That is what big international companies do. When Trump lowered
>>> business taxes the US actually collected more tax revenue.
>>> Otherwise Ireland may have gotten it.
>>>
>>
>> No, they didn't. And tRump hamstrung the IRS so that it couldn't go
>> after the rich scofflaws.
>
> The IRS gets far more collections, in total, from the average taxpayer
> than they do from the uber rich.
>
> Why?
>
> The uber rich have lawyers, accountants and so forth on the payroll to
> tie things up in court. The average shmo does not.
>

And, until now, the IRS doesn't have the money/resources to go after the
uber rich.

On Tue, 7 May 2024 14:41:09 -0000 (UTC)
Baxter <bax02_spamblock@baxcode.com> wrote:

> pothead <pothead@snakebite.com> wrote in
> news:v1c57g$31fb0$1@dont-email.me:
>
> > On 2024-05-07, Baxter <bax02_spamblock@baxcode.com> wrote:
> >> Frank <"frank "@frank.net> wrote in
> >> news:v1bnj5$2r2l3$1@dont-email.me:
> >>
> >>> On 5/6/2024 4:04 PM, Baxter wrote:
> >>>> Frank <"frank "@frank.net> wrote in
> >>>> news:v1b90p$2njqv$2@dont-email.me:
> >>>>
> >>>>> On 5/6/2024 12:18 PM, Paul Szypula wrote:
> >>>>>> Fact!
> >>>>>
> >>>>> So what? I paid more taxes on my pension one year than the
> >>>>> company I retired from did that year. That was before Trump cut
> >>>>> business taxes as the company was losing money in the US and
> >>>>> profiting abroad where tax was less.
> >>>>
> >>>> That "losing money" in the US is "creative" bookkeeping.
> >>>
> >>> That is what big international companies do. When Trump lowered
> >>> business taxes the US actually collected more tax revenue.
> >>> Otherwise Ireland may have gotten it.
> >>>
> >>
> >> No, they didn't. And tRump hamstrung the IRS so that it couldn't
> >> go after the rich scofflaws.
> >
> > The IRS gets far more collections, in total, from the average
> > taxpayer than they do from the uber rich.
> >
> > Why?
> >
> > The uber rich have lawyers, accountants and so forth on the payroll
> > to tie things up in court. The average shmo does not.
> >
>
> And, until now, the IRS doesn't have the money/resources to go after
> the uber rich.

You are a shill for the deep state.

Jonathan Small Balls <suck@ra.mentos> wrote in
news:20240507110557.124b2b3f@me6pd1kb9:

> On Tue, 7 May 2024 14:41:09 -0000 (UTC)
> Baxter <bax02_spamblock@baxcode.com> wrote:
>
>> pothead <pothead@snakebite.com> wrote in
>> news:v1c57g$31fb0$1@dont-email.me:
>>
>> > On 2024-05-07, Baxter <bax02_spamblock@baxcode.com> wrote:
>> >> Frank <"frank "@frank.net> wrote in
>> >> news:v1bnj5$2r2l3$1@dont-email.me:
>> >>
>> >>> On 5/6/2024 4:04 PM, Baxter wrote:
>> >>>> Frank <"frank "@frank.net> wrote in
>> >>>> news:v1b90p$2njqv$2@dont-email.me:
>> >>>>
>> >>>>> On 5/6/2024 12:18 PM, Paul Szypula wrote:
>> >>>>>> Fact!
>> >>>>>
>> >>>>> So what? I paid more taxes on my pension one year than the
>> >>>>> company I retired from did that year. That was before Trump cut
>> >>>>> business taxes as the company was losing money in the US and
>> >>>>> profiting abroad where tax was less.
>> >>>>
>> >>>> That "losing money" in the US is "creative" bookkeeping.
>> >>>
>> >>> That is what big international companies do. When Trump lowered
>> >>> business taxes the US actually collected more tax revenue.
>> >>> Otherwise Ireland may have gotten it.
>> >>>
>> >>
>> >> No, they didn't. And tRump hamstrung the IRS so that it couldn't
>> >> go after the rich scofflaws.
>> >
>> > The IRS gets far more collections, in total, from the average
>> > taxpayer than they do from the uber rich.
>> >
>> > Why?
>> >
>> > The uber rich have lawyers, accountants and so forth on the payroll
>> > to tie things up in court. The average shmo does not.
>> >
>>
>> And, until now, the IRS doesn't have the money/resources to go after
>> the uber rich.
>
> You are a shill for the deep state.
>
>

Ah, yes another conservaturd imaginary boogyman - "deep state".

On Tue, 7 May 2024 17:57:15 -0000 (UTC)
Baxter <bax02_spamblock@baxcode.com> wrote:

> Jonathan Small Balls <suck@ra.mentos> wrote in
> news:20240507110557.124b2b3f@me6pd1kb9:
>
> > On Tue, 7 May 2024 14:41:09 -0000 (UTC)
> > Baxter <bax02_spamblock@baxcode.com> wrote:
> >
> >> pothead <pothead@snakebite.com> wrote in
> >> news:v1c57g$31fb0$1@dont-email.me:
> >>
> >> > On 2024-05-07, Baxter <bax02_spamblock@baxcode.com> wrote:
> >> >> Frank <"frank "@frank.net> wrote in
> >> >> news:v1bnj5$2r2l3$1@dont-email.me:
> >> >>
> >> >>> On 5/6/2024 4:04 PM, Baxter wrote:
> >> >>>> Frank <"frank "@frank.net> wrote in
> >> >>>> news:v1b90p$2njqv$2@dont-email.me:
> >> >>>>
> >> >>>>> On 5/6/2024 12:18 PM, Paul Szypula wrote:
> >> >>>>>> Fact!
> >> >>>>>
> >> >>>>> So what? I paid more taxes on my pension one year than the
> >> >>>>> company I retired from did that year. That was before Trump
> >> >>>>> cut business taxes as the company was losing money in the US
> >> >>>>> and profiting abroad where tax was less.
> >> >>>>
> >> >>>> That "losing money" in the US is "creative" bookkeeping.
> >> >>>
> >> >>> That is what big international companies do. When Trump
> >> >>> lowered business taxes the US actually collected more tax
> >> >>> revenue. Otherwise Ireland may have gotten it.
> >> >>>
> >> >>
> >> >> No, they didn't. And tRump hamstrung the IRS so that it
> >> >> couldn't go after the rich scofflaws.
> >> >
> >> > The IRS gets far more collections, in total, from the average
> >> > taxpayer than they do from the uber rich.
> >> >
> >> > Why?
> >> >
> >> > The uber rich have lawyers, accountants and so forth on the
> >> > payroll to tie things up in court. The average shmo does not.
> >> >
> >>
> >> And, until now, the IRS doesn't have the money/resources to go
> >> after the uber rich.
> >
> > You are a shill for the deep state.
> >
> >
>
> Ah, yes another conservaturd imaginary boogyman - "deep state".

https://en.wikipedia.org/wiki/Senior_Executive_Service_(United_States)

The Senior Executive Service (SES)[1] is a position classification in the United States federal civil service equivalent to general officer or flag officer rank in the U.S. Armed Forces. It was created in 1979 when the Civil Service Reform Act of 1978 went into effect under President Jimmy Carter.[2]

Characteristics
According to the Office of Personnel Management, the SES was designed to be a corps of executives selected for their leadership qualifications, serving in key positions just below the top presidential appointees as a link between them and the rest of the federal (civil service) workforce. SES positions are considered to be above the GS-15 level of the General Schedule, and below Level III of the Executive Schedule. Career members of the SES ranks are eligible for the Presidential Rank Awards program.[citation needed]

Up to 10% of SES positions can be filled as political appointments rather than by career employees.[3] About half of the SES is designated "Career Reserved", which can only be filled by career employees. The other half is designated "General", which can be filled by either career employees or political appointments as desired by the administration. Due to the 10% limitation, most General positions are still filled by career appointees.[4]

Senior level employees of several agencies are exempt from the SES but have their own senior executive positions; these include the Federal Bureau of Investigation, Central Intelligence Agency, Defense Intelligence Agency, National Security Agency, Transportation Security Administration, Federal Aviation Administration, Government Accountability Office, Members of the Foreign Service, and government corporations.

Adverse actions
SES career appointees have civil service protections; they may only be fired or suspended for more than 14 days for misconduct, neglect of duty, malfeasance, or failure to accept a directed reassignment or to accompany a position in a transfer of function. These adverse actions may be appealed to the Merit Systems Protection Board.[5]

An SES career appointee can also be reassigned within the SES, or from the SES into a competitive service position, based on performance ratings. A single unsatisfactory performance rating makes them eligible for reassignment, though it is not mandatory. However, they must be removed from the SES if they receive two unsatisfactory ratings in a period of five consecutive years, or two less than fully successful ratings within three consecutive years. Reassignments may not be appealed to the Merit Systems Protection Board..[5]

SES career appointees in the United States Department of Veterans Affairs have different procedures as a result of the Department of Veterans Affairs Accountability and Whistleblower Protection Act of 2017. The Secretary of Veterans Affairs has discretion to suspend, demote, remove, or take other actions against SES career appointees or other high-level executives if the Secretary determines that the individual’s misconduct or performance warrants such action, with abbreviated notice and appeals rights.[5]

By contrast, noncareer and limited-term SES appointees are generally
not subject to removal protections and may be removed from the SES at
any time.[5]

On 2024-05-07, Baxter <bax02_spamblock@baxcode.com> wrote:
> pothead <pothead@snakebite.com> wrote in
> news:v1c57g$31fb0$1@dont-email.me:
>
>> On 2024-05-07, Baxter <bax02_spamblock@baxcode.com> wrote:
>>> Frank <"frank "@frank.net> wrote in
>>> news:v1bnj5$2r2l3$1@dont-email.me:
>>>
>>>> On 5/6/2024 4:04 PM, Baxter wrote:
>>>>> Frank <"frank "@frank.net> wrote in
>>>>> news:v1b90p$2njqv$2@dont-email.me:
>>>>>
>>>>>> On 5/6/2024 12:18 PM, Paul Szypula wrote:
>>>>>>> Fact!
>>>>>>
>>>>>> So what? I paid more taxes on my pension one year than the
>>>>>> company I retired from did that year. That was before Trump cut
>>>>>> business taxes as the company was losing money in the US and
>>>>>> profiting abroad where tax was less.
>>>>>
>>>>> That "losing money" in the US is "creative" bookkeeping.
>>>>
>>>> That is what big international companies do. When Trump lowered
>>>> business taxes the US actually collected more tax revenue.
>>>> Otherwise Ireland may have gotten it.
>>>>
>>>
>>> No, they didn't. And tRump hamstrung the IRS so that it couldn't go
>>> after the rich scofflaws.
>>
>> The IRS gets far more collections, in total, from the average taxpayer
>> than they do from the uber rich.
>>
>> Why?
>>
>> The uber rich have lawyers, accountants and so forth on the payroll to
>> tie things up in court. The average shmo does not.
>>
>
> And, until now, the IRS doesn't have the money/resources to go after the
> uber rich.

Traditionally the IRS goes after the low hanging fruit which is some middle class person doing
their own taxes and maximizing business expenses or the like.
However they always manage to go after a high profile person, aka Willy Nelson, at the beginning of
the year to spread fear about cheating on taxes so the average idiot doesn't attempt it.

The reason the mega rich lower their effective tax rate is because they can shield their wealth via
many techniques which require lot's of money to use. The average middle class person doesn't have
the funds to take advantage of these techniques.

Personally, my solution to the unfair tax system is to start with closing the loopholes the wealthy
take advantage of.

--
pothead
Joe Biden is the absolute WORST President Of the U.S. ever.
Nobody else is even close. Including Jimmy Carter.
Vote for ANYBODY but Joe Biden in 2024.

On Mon, 6 May 2024 10:25:35 -0700, OrigInfoJunkie <bondrock@att.net> wrote:

>On 5/6/2024 10:17 AM, Ubiquitous wrote:
>> In article <v1avs9$2lkdn$1@dont-email.me>, privatemail@protonmail.com wrote:
>>
>>> Fact!
>>
>>
>>
>> TROLL-O-METER
>
>Says one of the vilest, most worthless trolls in all of Usenet.

You're wrong. Somebody else said it, not you.

Swill
--
Trump cites FBI stats to prove crime going down, 2019
<https://www.brennancenter.org/our-work/analysis-opinion/crime-down-does-president-trump-deserve-credit>

Trump dismisses FBI stats that prove crime is going down, 2024

<https://people.com/fact-check-trump-false-claims-crime-rates-8624660>

Not left, not right, https://www.forwardparty.com/

Heroyam slava! Glory to the Heroes!

Sláva Ukrajíni! Glory to Ukraine!

Putin tse prezervatyv! Putin is a condom!

Go here to donate to Ukrainian relief.
<https://www2.deloitte.com/ua/uk/pages/registration-forms/help-cities.html>

On Mon, 6 May 2024 14:54:16 -0400, Frank <"frank "@frank.net> wrote:

>On 5/6/2024 12:18 PM, Paul Szypula wrote:
>> Fact!
>
>So what? I paid more taxes on my pension one year than the company I
>retired from did that year. That was before Trump cut business taxes as
>the company was losing money in the US and profiting abroad where tax
>was less.

.... by cooking the books. This is common practice these days. Corporations simply shift
revenue from one country to another on their books to take advantage of differing tax
laws.

Swill
--
Trump cites FBI stats to prove crime going down, 2019
<https://www.brennancenter.org/our-work/analysis-opinion/crime-down-does-president-trump-deserve-credit>

Trump dismisses FBI stats that prove crime is going down, 2024

<https://people.com/fact-check-trump-false-claims-crime-rates-8624660>

Not left, not right, https://www.forwardparty.com/

Heroyam slava! Glory to the Heroes!

Sláva Ukrajíni! Glory to Ukraine!

Putin tse prezervatyv! Putin is a condom!

Go here to donate to Ukrainian relief.
<https://www2.deloitte.com/ua/uk/pages/registration-forms/help-cities.html>

On Mon, 6 May 2024 19:03:01 -0400, Frank <"frank "@frank.net> wrote:

>That is what big international companies do. When Trump lowered
>business taxes the US actually collected more tax revenue. Otherwise
>Ireland may have gotten it.

Prove it.

Swill
--
Trump cites FBI stats to prove crime going down, 2019
<https://www.brennancenter.org/our-work/analysis-opinion/crime-down-does-president-trump-deserve-credit>

Trump dismisses FBI stats that prove crime is going down, 2024

<https://people.com/fact-check-trump-false-claims-crime-rates-8624660>

Not left, not right, https://www.forwardparty.com/

Heroyam slava! Glory to the Heroes!

Sláva Ukrajíni! Glory to Ukraine!

Putin tse prezervatyv! Putin is a condom!

Go here to donate to Ukrainian relief.
<https://www2.deloitte.com/ua/uk/pages/registration-forms/help-cities.html>

On Mon, 6 May 2024 16:18:18 -0000 (UTC), Paul Szypula
<privatemail@protonmail.com> wrote:

>Fact!

She gives better head.

On Tue, 7 May 2024 17:57:15 -0000 (UTC), Baxter
<bax02_spamblock@baxcode.com> wrote:

>
>Ah, yes another conservaturd imaginary boogyman - "deep state".

Yeah, Your 82 years old, so if the government comes after you then you
will probably dead by the time they prosecute you. The rest of us will
have to go through hell with the lunatic USA prosecutors that believe,
"Show me the man and I'll show you his crimes!"

--
As long as we have faith in each other,
and trust in God, then there is no goal,
at all, beyond our reach. There is no
dream too large, no task too great.

"Baxter" <bax02_spamblock@baxcode.com> wrote in message
news:v1dei4$3a808$1@dont-email.me...
> pothead <pothead@snakebite.com> wrote in
> news:v1c57g$31fb0$1@dont-email.me:
>
>> On 2024-05-07, Baxter <bax02_spamblock@baxcode.com> wrote:
>>> Frank <"frank "@frank.net> wrote in
>>> news:v1bnj5$2r2l3$1@dont-email.me:
>>>
>>>> On 5/6/2024 4:04 PM, Baxter wrote:
>>>>> Frank <"frank "@frank.net> wrote in
>>>>> news:v1b90p$2njqv$2@dont-email.me:
>>>>>
>>>>>> On 5/6/2024 12:18 PM, Paul Szypula wrote:
>>>>>>> Fact!
>>>>>>
>>>>>> So what? I paid more taxes on my pension one year than the
>>>>>> company I retired from did that year. That was before Trump cut
>>>>>> business taxes as the company was losing money in the US and
>>>>>> profiting abroad where tax was less.
>>>>>
>>>>> That "losing money" in the US is "creative" bookkeeping.
>>>>
>>>> That is what big international companies do. When Trump lowered
>>>> business taxes the US actually collected more tax revenue.
>>>> Otherwise Ireland may have gotten it.
>>>>
>>>
>>> No, they didn't. And tRump hamstrung the IRS so that it couldn't go
>>> after the rich scofflaws.
>>
>> The IRS gets far more collections, in total, from the average taxpayer
>> than they do from the uber rich.
>>
>> Why?
>>
>> The uber rich have lawyers, accountants and so forth on the payroll to
>> tie things up in court. The average shmo does not.
>>
>
> And, until now, the IRS doesn't have the money/resources to go after the
> uber rich.

Horse shit.... they have always had the resources to do so. The problem is
the tax code is written in a manner that allows the rich to bypass most
taxation which naturally they take full advantage of.

On 2024-05-08, Scout <me4guns@verizon.removeme.this2.nospam.net> wrote:
>
>
> "Baxter" <bax02_spamblock@baxcode.com> wrote in message
> news:v1dei4$3a808$1@dont-email.me...
>> pothead <pothead@snakebite.com> wrote in
>> news:v1c57g$31fb0$1@dont-email.me:
>>
>>> On 2024-05-07, Baxter <bax02_spamblock@baxcode.com> wrote:
>>>> Frank <"frank "@frank.net> wrote in
>>>> news:v1bnj5$2r2l3$1@dont-email.me:
>>>>
>>>>> On 5/6/2024 4:04 PM, Baxter wrote:
>>>>>> Frank <"frank "@frank.net> wrote in
>>>>>> news:v1b90p$2njqv$2@dont-email.me:
>>>>>>
>>>>>>> On 5/6/2024 12:18 PM, Paul Szypula wrote:
>>>>>>>> Fact!
>>>>>>>
>>>>>>> So what? I paid more taxes on my pension one year than the
>>>>>>> company I retired from did that year. That was before Trump cut
>>>>>>> business taxes as the company was losing money in the US and
>>>>>>> profiting abroad where tax was less.
>>>>>>
>>>>>> That "losing money" in the US is "creative" bookkeeping.
>>>>>
>>>>> That is what big international companies do. When Trump lowered
>>>>> business taxes the US actually collected more tax revenue.
>>>>> Otherwise Ireland may have gotten it.
>>>>>
>>>>
>>>> No, they didn't. And tRump hamstrung the IRS so that it couldn't go
>>>> after the rich scofflaws.
>>>
>>> The IRS gets far more collections, in total, from the average taxpayer
>>> than they do from the uber rich.
>>>
>>> Why?
>>>
>>> The uber rich have lawyers, accountants and so forth on the payroll to
>>> tie things up in court. The average shmo does not.
>>>
>>
>> And, until now, the IRS doesn't have the money/resources to go after the
>> uber rich.
>
> Horse shit.... they have always had the resources to do so. The problem is
> the tax code is written in a manner that allows the rich to bypass most
> taxation which naturally they take full advantage of.
>

This.
+1

--
pothead
Joe Biden is the absolute WORST President Of the U.S. ever.
Nobody else is even close. Including Jimmy Carter.
Vote for ANYBODY but Joe Biden in 2024.

pothead <pothead@snakebite.com> wrote in
news:v1frha$3un8u$4@dont-email.me:

> On 2024-05-08, Scout <me4guns@verizon.removeme.this2.nospam.net>
> wrote:
>>

>>> And, until now, the IRS doesn't have the money/resources to go after
>>> the uber rich.
>>
>> Horse shit.... they have always had the resources to do so. The
>> problem is the tax code is written in a manner that allows the rich
>> to bypass most taxation which naturally they take full advantage of.
>>
>
And you're wrong - it takes manpower and court time to collect from the
uber rich.

"Baxter" <bax02_spamblock@baxcode.com> wrote in message
news:v1g32h$s58$3@dont-email.me...
> pothead <pothead@snakebite.com> wrote in
> news:v1frha$3un8u$4@dont-email.me:
>
>> On 2024-05-08, Scout <me4guns@verizon.removeme.this2.nospam.net>
>> wrote:
>>>
>
>>>> And, until now, the IRS doesn't have the money/resources to go after
>>>> the uber rich.
>>>
>>> Horse shit.... they have always had the resources to do so. The
>>> problem is the tax code is written in a manner that allows the rich
>>> to bypass most taxation which naturally they take full advantage of.
>>>
>>
> And you're wrong - it takes manpower and court time to collect from the
> uber rich.

Yea, and look at how much they stand to get by doing so... unless they
really don't...

See my mom was regularly audited so much we had rules, one of which was we
couldn't laugh at the auditor.

I remember the largest error she ever made.. after a 4.5 hour audit and
finding out that the majority of the family income was deemed legally
non-taxable.. they finally reached the conclusion she had over paid by 4
cents due to cumulative rounding errors.

She ran a tax service and knew the tax code loopholes on how to avoid paying
unnecessary income tax.

So, yea, most of the very rich pay very little to nothing in income tax
because they have little to no taxable income... despite how much they might
make on paper.

For example. Say I own a large block of stock in a major company.. now if I
sell it to buy a house or such.. it counts as income and becomes taxable.

HOWEVER if I use that stock as security for a loan and use that loan for my
expenses.. well that generates a debt and isn't taxable.

Yet they have millions to spend.

Then they get to use the interest on that loan as a deduction in the future
taxable income. When they get income that would be taxable.. they simply
dump it into repayment of their loan which makes reduces/eliminates your
'income' and again you pay no taxes.

Yea, the IRS doesn't go after the rich, because it's not worth it. Because
the rich use the rules to exclude their money and any generation of wealth
from being taxable income.

Further they pay a fix fee each year to cover all their legal issues so if
the IRS or anyone else comes after them. they get to talk to the lawyers
endlessly because it doesn't cost the rich person one extra cent for running
the IRS through court and motions and such like until the cows come home..
and end the end.. they will probably find out there was no taxable income
anyway.