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Thu Feb 7, 2013, 03:00 PM

"Hey 1% want to fix the debt, pay your damn taxes"

http://occupywallst.org/


Basically this message taken from the sign sums it up... That is all that needs to happen.. No more austerity!

5 replies, 1064 views

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Reply "Hey 1% want to fix the debt, pay your damn taxes" (Original post)
midnight Feb 2013 OP
Bill USA Feb 2013 #1
midnight Feb 2013 #2
cbrer Feb 2013 #3
midnight Feb 2013 #4
cbrer Feb 2013 #5

Response to midnight (Original post)

Thu Feb 7, 2013, 03:42 PM

1. Net Tax Gap for 2006: $385 Billion - IRS

The Net Tax Gap is the amount owed in taxes that is not reported and will never be collected.

Note that $385 Billion is for just one year. That means in ten years if all the taxes owed were collected, we would gain almost $4 TRILLION in additional revenue. IN other words ------ NO DEFICIT!!!! (I'm shouting in an attempt to be heard by the M$M who largely remain mum about this).

http://www.irs.gov/pub/newsroom/overview_tax_gap_2006.pdf

The net tax gap is defined as the amount of true tax liability that is not paid on time and is not collected subsequently, either voluntarily or as the result of enforcement activities. Thus, the net tax gap represents the amount of tax liability that is never paid.
(more)


... nearly all the tax evasion is pulled off by Corporations and wealthy individuals who have the money to pay tax specialists to find ways to not declare (legitimate or otherwise) and thus not pay taxes owed. Creating dummy business entities which have no apparent business reason for existing but exist just to avoid paying taxes is considered tax evasion by the IRS.

..recommended.

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Response to Bill USA (Reply #1)

Thu Feb 7, 2013, 10:04 PM

2. The rich have made tax evasion for themselves legal... and everyone else is responsible to pick

up the gap....

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Response to midnight (Original post)

Fri Feb 8, 2013, 05:01 AM

3. Good luck with that...

 

Corporations are not only paying off politicians, but have lots "O" lobbyists in place to remind them how to vote. AND if all that should somehow fail, most of the Congress comes from the business world anyways. The revolving door between business and government is especially noticeable in the MIC structure, but is rampant enough to be noticed everywhere. Energy, health care, pharmaceuticals...

"Power concedes nothing without a demand. Never has, never will."

Frederic Douglas

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Response to cbrer (Reply #3)

Fri Feb 8, 2013, 04:21 PM

4. Power concedes nothing without a demand, and now those paying more taxes than the rich

are demanding the rich do the same, and stop complaining about the debt..

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Response to midnight (Reply #4)

Fri Feb 8, 2013, 10:05 PM

5. What the eye doctor told her patient after surgery...

 

"We shall see".

I hope you're right, but I have a sneaky suspicion it'll take more than some constituent "demands".

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