Taxed Into Oblivion



The Economic Collapse Blog

In the United States today, we are being taxed into oblivion, yet it is being done so stealthily that most Americans don't even realize what is happening. Most people are fixated on federal income tax rates, but the federal income tax is only one of the dozens of different taxes that each of us pay each year. The politicians have learned that people get really upset when income tax rates are raised, so they have found hundreds of other ways to raise taxes on us. What most taxpayers in the United States today are facing is "death by a thousand cuts". When you add up all forms of taxation from all levels of government, approximately 40 percent of all the income in the country is taken in as taxes by government. Large numbers of Americans end up paying well over 50 percent of their income in taxes, and many of them don't even realize that it is happening. We truly are being taxed into oblivion, and yet the politicians just keep coming back for more. (Read More....)

GOLDEN HOOKAH WINNER: Dope-Smoking, Menstruating Monkey Study Got $3.6 Million in Tax Dollars

CNS News

(CNSNews.com) - The National Institute on Drug Abuse (NIDA), a division of the federal government’s National Institutes of Health (NIH), has spent $3,634,807 over the past decade funding research that involves getting monkeys to smoke and drink drugs such as PCP, methamphetamine (METH), heroin, and cocaine and then studying their behavior, including during different phases of the female monkeys’ menstrual cycles.

The study also uses “interventions” as “treatment models” for monkeys who have been taught to use drugs.

NIDA wins CNSNews.com's "What Were They Smoking Award"—symbolized by The Golden Hookah (see video)—for sponsoring an outrageous government spending program that sends taxpayer dollars up in smoke...[Full Article]

Golden Hookah: Monkey Drug Addiction



http://www.youtube.com/watch?v=CtVcIg4lEpQ

Big Brother Gov't Seeks to Tax and Track All Drivers

Big Brother Gov't Seeks to Tax and Track All Drivers

Eric Blair
Activist Post

"Oh, say can you see...the land of the fee, and home of the slave?" Americans really better wake up before it's too late. Perhaps it already is.

Today Pete Kasperowicz of The Hill reported that the Obama administration, following a March Congressional Budget Office report, has "floated" the idea of taxing drivers per mile. Kasperowicz writes:

The plan is a part of the administration’s 'Transportation Opportunities Act,' an undated draft of which was obtained this week by Transportation Weekly.

...Among other things, CBO suggested that a vehicle miles traveled (VMT) tax could be tracked by installing electronic equipment on each car to determine how many miles were driven; payment could take place electronically at filling stations. (my emphasis)

If this doesn't alert you to the direction of America, I don't know what will. The government wants to tax Americans for simply leaving their homes, and track their cars via mandatory GPS chips...[Full Article]

UN Calls for $100 Billion in Carbon and Transport Taxes to Fund the 'Fight Against Climate Change' Hoax

UN wants taxes to fund climate change fight

A price on carbon emissions of $20 to $25 a tonne would be sufficient to raise the finance needed for poor countries to tackle greenhouse gas emissions, a panel of experts convened by the United Nations has concluded.

Setting a price on carbon – either through taxes or a cap-and-trade system – would raise at least $38bn of the $100bn a year that is expected to be needed by 2020, while other measures, including reducing the subsidies to fossil fuels and putting a carbon levy on international shipping and aviation, would raise the rest, according to a report published on Friday...

[Full Article]


UN climate panel calls for carbon and transport taxes

UNITED NATIONS — A top UN panel on Friday called for increased taxes on carbon emissions and air and sea transport to raise 100 billion dollars a year for poor nations to combat climate change.

The group led by the prime ministers of Norway and Ethiopia also proposed a tax on international financial transactions for a UN fund aiming to be ready by 2020.

The panel -- which also included finance ministers and financier George Soros -- was set up at last year's acrimonious Copenhagen climate summit and its proposals will get a first international airing at the UN climate conference in Cancun, Mexico starting at the end of the month...

[Full Article]

World leaders look to carbon taxes to fund fight against climate change
International travel and ‘carbon intensive goods’ like petrol cars could all be taxed under new plans to raise £60 ($100) billion every year to help the poor world cope with global warming.

A ‘worldwide climate change fund’ has been discussed for years as a way of helping vulnerable countries cope with floods and droughts caused by temperature rise.

Now the radical idea has moved a step closer with a high level report from the United Nations about how the money will be raised.

The High Level Advisory Group on Climate Finance suggested the money should be raised through a combination of public and private sources.

The group, chaired by the Prime Ministers of Ethiopia and Norway, said money could be raised indirectly from taxing polluting transport and industry. For example a tax on international flights and carbon taxes on factories or fuel that are ultimately passed onto the consumer.

The group, that included the economist Lord Nicholas Stern and the financier George Soros, also suggested money could be raised from the private sector. For example by selling bonds that are paid back over time.

However it was made clear that a ‘Robin Hood Tax’ on financial transactions is unlikely because some rich countries are against it and not all the money would go to climate change...

[Full Article]

Lost in Taxation

The IRS's vast new ObamaCare powers.

If it seems as if the tax code was conceived by graphic artist M.C. Escher, wait until you meet the new and not improved Internal Revenue Service created by ObamaCare. What, you're not already on a first-name basis with your local IRS agent?

National Taxpayer Advocate Nina Olson, who operates inside the IRS, highlighted the agency's new mission in her annual report to Congress last week. Look out below. She notes that the IRS is already "greatly taxed"—pun intended?—"by the additional role it is playing in delivering social benefits and programs to the American public," like tax credits for first-time homebuyers or purchasing electric cars. Yet with ObamaCare, the agency is now responsible for "the most extensive social benefit program the IRS has been asked to implement in recent history." And without "sufficient funding" it won't be able to discharge these new duties.

That wouldn't be tragic, given that those new duties include audits to determine who has the insurance "as required by law" and collecting penalties from Americans who don't. Companies that don't sponsor health plans will also be punished. This crackdown will "involve nearly every division and function of the IRS," Ms. Olson reports.Well, well. Republicans argued during the health debate that the IRS would have to hire hundreds of new agents and staff to enforce ObamaCare. They were brushed off by Democrats and the press corps as if they believed the President was born on the moon. The IRS says it hasn't figured out how much extra money and manpower it will need but admits that both numbers are greater than zero...

[Full Article]

Six Months to Go Until The Largest Tax Hikes in History

In just six months, the largest tax hikes in the history of America will take effect. They will hit families and small businesses in three great waves on January 1, 2011:

First Wave: Expiration of 2001 and 2003 Tax Relief

In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. These will all expire on January 1, 2011:

Personal income tax rates will rise. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed). The lowest rate will rise from 10 to 15 percent. All the rates in between will also rise. Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:

- The 10% bracket rises to an expanded 15%
- The 25% bracket rises to 28%
- The 28% bracket rises to 31%
- The 33% bracket rises to 36%
- The 35% bracket rises to 39.6%

Higher taxes on marriage and family. The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of income. The child tax credit will be cut in half from $1000 to $500 per child. The standard deduction will no longer be doubled for married couples relative to the single level. The dependent care and adoption tax credits will be cut.

The return of the Death Tax. This year, there is no death tax. For those dying on or after January 1 2011, there is a 55 percent top death tax rate on estates over $1 million. A person leaving behind two homes and a retirement account could easily pass along a death tax bill to their loved ones.

Higher tax rates on savers and investors. The capital gains tax will rise from 15 percent this year to 20 percent in 2011. The dividends tax will rise from 15 percent this year to 39.6 percent in 2011. These rates will rise another 3.8 percent in 2013.

[Full Article]

Democrats push for new Internet sales taxes

The halcyon days of tax-free Internet shopping will, if Rep. Bill Delahunt gets his way, soon be coming to an abrupt end.

Delahunt, a Massachusetts Democrat, introduced a bill on Thursday that would rewrite the ground rules for Internet and mail order sales by eliminating the option for many Americans to shop over the Internet without paying state sales taxes...

[Full Article]

World Health Organization Moving Ahead On Billions In Internet And Other Taxes

The World Health Organization (WHO), the United Nations' public health arm, is moving full speed ahead with a controversial plan to impose global consumer taxes on such things as Internet activity and everyday financial transactions like paying bills online — while its spending soars and its own financial house is in disarray...

[Full Article]

Orwellian Tax Collection Commercial

http://www.youtube.com/watch?v=H2un7emwP_0

swidd2 — April 30, 2010 — Creepy ass PA State Collections. This is aired regularly in Pennsylvania. No wonder there's a million armed Pennsylvanians roaming the woods for food, after all the money they lose in state taxes.

Is The Bank Tax A Major Step Toward World Government

Finance ministers and central bank governors are in Washington D.C. this weekend for a G-20 meeting, in preparation for the G-20 Summit to held in November in South Korea.

Hyun Song Shin, special economic advisor to the President of South Korea, gave a briefing today at the National Press Club on the G-20 activities. I attended.

During the Q & A, I asked Shin if the plans for a global bank tax had caused concern by anyone at the G-20 meeting that the tax was moving in the direction of creating a one world government. His answer scared the hell out of me.

He said that, no it was not moving in that direction because "There is no legal basis for the meetings."

In other words, there are no restrictions on the G-20 participants. They are not part of any agency that has a specific mandate. They are not part of any global agreement. It's a wild west show, without any adult supervision...

Nearly Half Of US Households Escape Fed Income Tax

Recession, new tax credits have nearly half of US households paying no federal income tax

WASHINGTON (AP) -- Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem.

About 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability. That's according to projections by the Tax Policy Center, a Washington research organization...

Spy Chips Hidden In 2.5 Million Dustbins...

The growing threat of a stealth tax on the rubbish we throw away was exposed by startling figures yesterday.

More than 2.5million homes now have wheelie bins fitted with microchips to weigh their contents.

This is an increase of nearly two-thirds in just a year. The bins, which can be electronically identified and weighed, are designed for 'pay-as-you-throw' rubbish tax schemes.

Stealth tax: 2,629,052 homes have now been given bins with chips

Under such schemes - which are likely to be hugely unpopular - families who put out more waste will pay higher taxes to their local council.

Read more: http://www.dailymail.co.uk/news/article-1255565/Spy-chips-hidden-2-5-million-dustbins-council-snoopers-plan-pay-throw-tax.html#ixzz0hJrMSVjk

Fuel Taxes Must Rise, Harvard Researchers Say

To meet the Obama administration’s targets for cutting greenhouse gas emissions, some researchers say, Americans may have to experience a sobering reality: gas at $7 a gallon...