Grand Jury not so "kiddy friendly" with gun-toting father
In Chicago, the father of the young man charged with mass-murder at 4th of July parade in Highland Park, killing 7 and wounding 40+, was indicted on 7 counts of reckless conduct.
[B]Highland Park parade shooting suspect's father, Robert Crime Jr ...[/B]
[URL]https://www.huffpost.com/entry/robert-crimo-indicted-son-firearm-license-parade-shooting_n_63ee41fbe4b02c25737b5f1c[/URL]
Now if congress can only do something about the [B]"death dealers"[/B] and gun manufacturers making [B]"kiddy friendly"[/B] AR-15 style rifles.
The Repubs' latest sick shit proposal
[QUOTE=Tiny12;2790527]Democratic Party policies would take the United States where European welfare states are now. That would result in a 30% drop in median equivalent adult income adjusted for purchasing power if we turned out like Germany, and a 40% drop if we turned out like France. And yeah, that is some sick shit dude.
[URL]https://en.wikipedia.org/wiki/Disposable_household_and_per_capita_income[/URL][/QUOTE][B]Heres what you need to know about the GOP bill to abolish the tax code.
01/24/23[/B]
[URL]https://thehill.com/business/3821761-heres-what-you-need-to-know-about-the-gop-bill-to-abolish-the-tax-code/[/URL]
[QUOTE]House conservatives are breathing new life into an old proposal to do away with income taxes, payroll taxes, estate taxes and even the IRS itself in favor of a supersized sales tax that would account for nearly all government revenues.
....
The Fair Tax Act introduced by Rep. Buddy Carter (R-Ga.) and supported by 30 other Republicans would institute a massive 30 percent sales tax on all purchases in exchange for doing away with income, Social Security and Medicare taxes.
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[B]The plan would increase the tax burden on the middle class[/b]
....
"Having that high of a rate would actually change behaviors in ways that proponents arent really thinking about. Its going to change behavior in ways that you wouldnt see if you spread out the burden differently, Buhl, of the Tax Policy Center, said.
The proponents of the bill are saying, Hey, were going to abolish the IRS. But I look at it more as theyre actually just outsourcing tax enforcement and compliance to the state level, and so its not going to go away, he said.[/QUOTE]
The Dems are the only ones who would follow through with that sick shit proposal
[QUOTE=EihTooms;2790606][B]Heres what you need to know about the GOP bill to abolish the tax code.
01/24/23[/B]
[URL]https://thehill.com/business/3821761-heres-what-you-need-to-know-about-the-gop-bill-to-abolish-the-tax-code/[/URL][/QUOTE]Republicans will never pass that. Read the article. The bill's proponents had to blackmail McCarthy to get him to agree to allow a vote on it. Even Grover Norquist hates it. One of the provisions in the bill is that it ceases to have effect in the event the 16th amendment to the Constitution is not repealed in 7 years. Now what are the chances of that happening, of repealing the 16th amendment, which enabled Congress to impose the income tax?
The only way we'll end up with a hefty federal sales or value added tax is if the Democrats finally figure out that the top 1% don't have enough money to pay for their welfare state. Then they'll do like most European countries and add the regressive sales or VAT tax on top of the income tax. That's a big part of the reason why taxes are so much less progressive in Europe than they are here. This chart, from the [B]New York Times[/B], illustrates this well:
[IMG]http://graphics8.nytimes.com/images/2010/12/01/business/01economist--mulligan-dec/01economist--mulligan-dec-blog480.jpg[/IMG]
I on the other hand kind of like the idea. It would lower my taxes and relieve me from spending a month or two of every year working on my fucking income taxes. And it might just turn out to be good for America, including the Middle Class, even though the Middle Class would finally have to pay their fair share. OK, maybe even more than their fair share. Our trade and current account balances would go into surplus for two reasons. One, savings and investment would be encouraged over consumption. Two, the tax isn't paid on exports. The USA would again become an industrial powerhouse. We'd be drawing back lots of investment that formerly went to China, Ireland, wherever. If you dedicated a good portion of that 30% tax to retirement savings and medical care, it would improve the lot of the majority of Americans who choose to spend money as fast as they make it. And finally it would potentially improve the lot of the poor, who would actually be getting a rebate from the tax. Actually it's a lot like Andrew Yang's idea to provide a guaranteed minimum income, only Yang would have added a VAT on top of the income tax.
Bermuda, the Cayman Islands, and Monaco have taxation systems like this, that get most of their revenue from taxes on sales or imports of goods and services instead of income, and by some measures they're wealthier than we are.
