Opinion from a Libertarian ViewPoint

Posts Tagged ‘IRS’

IRS and Income Tax Day

Posted by Martin C. Fox on April 14, 2018

How much of your money is the government allowing you to keep this year?

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How the IRS Will Target Bitcoin Users | The Nestmann Group

Posted by Martin C. Fox on January 3, 2018

My recollection is Bitcoin’s initial drawing card was as a way to avoid government tracking of purchases. No more. It is now just a speculative commodity. 

The plot has been lost.

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Project: FEDcoin – Fight Going Cashless Like Your Life Depends On It Because It Does.

Posted by Martin C. Fox on May 6, 2017

The Dangers of Digital Money

Doug, this sounds like a real benefit…

It’s very dangerous.

Without cash, you have no privacy. If you have to put everything through a bank account, the government knows exactly what you’re buying, what you’re selling, how much you are earning. They’re in complete control; able to take what they want out of it including your entire account if you become politically undesirable…

There is no reason to trust a digital, computerized economy as the National Bank of Bangladesh found out not very long ago. They had $81 million deposited with the New York Fed. The New York Fed was hacked and the National Bank of Bangladesh lost $81 million. Have they gotten it back? No. Will they get it back? No.

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What the IRS Plans to Do in Case of a Nuclear War Will Leave You in Stitches | Ready Nutrition

Posted by Martin C. Fox on May 3, 2017

Your government will always be there for you…no matter what.

Sound outlandish? It is, but don’t tell that to the IRS. It turns out that since the Cold War, the Internal Revenue Service has established plans for how their bureaucracy would operate after a nuclear war. Their contingency plans are published in their employee handbooks, which the New York Times reported on back in 1989. Read the rest of this entry »

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Taxation Is Theft

Posted by Martin C. Fox on April 19, 2017

But it gets worse, as Andrew Napolitano writes via The Mises Institute; with a tax code that exceeds 72,000 pages in length and consumes more than six billion person hours per year to determine taxpayers’ taxable income, with an IRS that has become a feared law unto itself, and with a government that continues to extract more wealth from every taxpaying American every year, is it any wonder that April 15th is a day of dread in America?

Here’s an example you’ve heard before. You’re sitting at home at night, and there’s a knock at the door. You open the door, and a guy with a gun pointed at you says: “Give me your money. I want to give it away to the less fortunate.” You think he’s dangerous and crazy, so you call the police. Then you find out he is the police, there to collect your taxes.

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Do Not Trust Governments or Their Employees | Armstrong Economics

Posted by Martin C. Fox on January 14, 2017

In case you hadn’t noticed:

There is absolutely NO RULE OF LAW whatsoever and all your constitutional rights are fictional. Your liberty and human rights are in the hands of every petty government officer because they get to do whatever they desire and it has become your burden to go to court to PROVE you have any human rights. This is what happens in all republics. Whenever you have a political class, they always exert their power against the people. There is ABSOLUTELY NO HISTORICAL EXCEPTION!

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Being An Olympian Can Be Taxing

Posted by Martin C. Fox on August 28, 2016

Especially for US athletes.

The win is declared, the medal is awarded, the US IRS is waiting with a red-hot poker instructing the poor soul to grab his/her ankles.

This from Americans For Tax Reform. Crazy ol’ Grover Norquist and his gang.

Medal Tax Prize Tax Total Tax Burden
Gold $236 $8,750 $8,986
Silver $135 $5,250 $5,385
Bronze $2 $3,500 $3,502

It gets even worse. Not only do our Olympic athletes have to pay taxes on their medals and prizes – chances are their competitors on the field will face no such taxation when they get home. Because the U.S. is virtually the only developed nation that taxes “worldwide” income earned overseas by its taxpayers, our Olympic athletes face a competitive disadvantage that has nothing to do with sports. Read the rest of this entry »

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Congress Or The IRS – Who Has More Integrity?

Posted by Martin C. Fox on June 25, 2014

Darrel Issa is putting the screws to new IRS Commish Koskinen.

Why anyone with any integrity would work for the IRS is a mystery. We will have an IRS integrity level dipstick check very soon. The results should not be a surprise. There will be no effective change. The IRS has the guns and badges to get the goods from the 50% of the population that is relieved of their hard-earned pay. Money talks everywhere but especially in government.

Now we find out that the IRS’ email backup system keeps so much data the IRS can’t find anything.  Try telling them that next April.

One thing you can say about this administration and their media lapdogs is that no lie is too big. Read the rest of this entry »

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(Undeclared) Martial Law in Boston and You Are Still Not Worried?

Posted by Martin C. Fox on July 6, 2013

Washington knows collapse is coming even if the sheeple and low information types don’t. Indeed, this is what is expected under the Cloward-Pivin strategy developed at Barry Obama’s alma mater Columbia. The ammo purchases, foreign and domestic troop training on public streets and domestic phone snooping is all about beltway survival and control.

The FEMA camps are sprouting up all over the country. Washington says they will be a safe place to go in a disaster…even though the razor wire is mounted to keep people in not out.

The DHS and various other agencies like the IRS are buying billions of rounds of ammo. I thought the army was supposed to protect us from invaders. The hollow points are not destined for invaders.

Canadian and Russian troops are being trained here for domestic riot control.

Martial under Russian troops. Read the rest of this entry »

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Facebook is Watching, The DHS Knows Your Children’s Biometrics – Don’t Drink the Digital Kool Aid.

Posted by Martin C. Fox on November 28, 2012

Unless you spend ALL your time on Facebook hopefully you ought to be aware the government is trying to data mine your communications, financial transactions and movements.  Newspapers, unions, newspapers, grocery stores (Why No!, We don’t sell club card information, they told us so!), Facebook, they are all watching.  When Big Sis asks for information the social networks and phone companies bend over.  They all do it but Facebook and especially AT & T are trendsetters.

See here, consider the advice and protect yourself.

I am amazed at the number of people using a credit or debit card at the wine and beer store. Read the rest of this entry »

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