Recently President Obama proposed new legislation to end corporate loop holes in the current tax system. To great fanfare the administration stated that closing these loopholes would bring in more money to the coffers for the government to spend on social programs. What was lesser admitted was a clause in the proposed legislation that would change the way a debtor (taxed citizen) would be classified in tax court. That clause would change the basic premise of innocent until proven guilty to guilty must prove innocent!
Now all law in the United States is based upon precedence. Meaning that one judge interpreting the law one way opens the door for others to do the same in similar instances. So if your guilty until proven innocent in tax court its only a matter of time until your guilty until proven innocent in all courts! Not at all what America is built on.
In its efforts to continue to fix a broken model the government is trying to change the rules of the game instead of fixing the problem. This problem is that the government wastes too much money and is not efficient with the revenue that it brings in. Also that the current tax code is so complicated that not even the IRS agents understand it. Politicians write the law so as to be vague enough not to make anyone mad while trying to protect or enable their reelection funding raising special interest buddies. Taxes need to be simple and transparent so that everyone can understand their obligation. Factually the IRS states that more than 3.5 TRILLION dollars are overseas in off shore tax shelters. Now instead of spending money to go after it. Why not just give an amnesty and say "if these dollars are brought back into the US and invested in the economy within say 6 months .. they will NEVER be taxed" If 800 Billion dollars was suppose to be the end all be all of stimulus. What do you think several trillion dollars would do? Then the government could gain revenue through its broken model post stimulated economy.
Should this legislation pass with the guilty until innocent clause intact we encourage every American to open armed revolt. Class warfare has begun and the government is its biggest proponent.
Now all law in the United States is based upon precedence. Meaning that one judge interpreting the law one way opens the door for others to do the same in similar instances. So if your guilty until proven innocent in tax court its only a matter of time until your guilty until proven innocent in all courts! Not at all what America is built on.
In its efforts to continue to fix a broken model the government is trying to change the rules of the game instead of fixing the problem. This problem is that the government wastes too much money and is not efficient with the revenue that it brings in. Also that the current tax code is so complicated that not even the IRS agents understand it. Politicians write the law so as to be vague enough not to make anyone mad while trying to protect or enable their reelection funding raising special interest buddies. Taxes need to be simple and transparent so that everyone can understand their obligation. Factually the IRS states that more than 3.5 TRILLION dollars are overseas in off shore tax shelters. Now instead of spending money to go after it. Why not just give an amnesty and say "if these dollars are brought back into the US and invested in the economy within say 6 months .. they will NEVER be taxed" If 800 Billion dollars was suppose to be the end all be all of stimulus. What do you think several trillion dollars would do? Then the government could gain revenue through its broken model post stimulated economy.
Should this legislation pass with the guilty until innocent clause intact we encourage every American to open armed revolt. Class warfare has begun and the government is its biggest proponent.
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