Friday, June 19, 2015

Why Not Just Use The "AMAZING LEGAL TRICK" Of Not Burdening Working Stiffs With FICA Taxes?

  (Commentary posted by Roger Erickson)

Or medicare, or current salary-income tax rates, etc, etc.

RenTech Uses "Amazing" Legal Trick To Help Employees Dodge Retirement Taxes
(hat tip to Dan Flemming)

Come again?

One has to stare in slack jawed wonder at this electorate - except that it's our neighbors and our own children that this is happening to. It's like watching a who-dunnit Kabuki play, in a house of mirrors, through smoke, reflected off rippling water.

Will the audience ever cut through the bullshit and ask what the plot is? Or will they be forever mesmerized and led by the nose, like ants parasitzed by a group-brain-eating financial fungus?

A group-brain-eating financial fungus.





Beardsley Ruml must be turning over in his grave, regretting not speaking up more forcefully & sooner, or not chaining himself to the Treasury gates. If that adage is real, then ten generations of real patriots are likely squirming in their graves in the same way.

As a defense measure, we COULD quit training & developing NeoLiberals.

Come to think of it, banksters & NeoLiberals are just a blip in the spectrum of known parasites. It's the slowness of the human hosts defense mechanisms that I'm worried about.

lifecycle of the NeoLiberal parasite

Maybe a cartoon illustrating the lifecycle of the NeoLiberal parasite will help warn families and young kids of their danger.

Or a Capt. America vs The Bankster Parasite comic & video series, riffing on a common theme? Instead of worrying about blue-collar terrorists, demand equal fear-time for those neglected financial terrorists! No hiding in plain sight.

I'm not sure of the carney's message, but evolutionary history indicates that you can't cheat INTELLIGENT, INFORMED humans ... for very long.


3 comments:

Dan Lynch said...

FDR said the FICA taxes were "pure politics."

Frances Perkins went into a little more detail in her 1962 speech explaining the behind the scenes politics of SS. She said that at the time they were worried about a constitutional challenge from conservatives, because there was nothing in the constitution that authorized SS, and it might be challenged as a violation of the 10th amendment. A supreme court justice suggested that she use the power of taxation to legally justify SS (similar to how the Roberts court declared that the ACA mandate was legal only because it was a tax).

"The taxing power, my dear, the taxing power. You can do anything under the taxing power."

So in order to "pay for" controversial government programs without taxes, we may need a constitutional amendment.

Roger Erickson said...

What's so controversial about a culture keeping it's components (citizens) adequately provisioned? Armies do that, with no sweat.

It's ok to provision defense contractors, but not senior citizens?

We're only failing to define our task logically.

Roger Erickson said...

ps: great find, Dan; thanks

elevated to a post