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PERRIN LOVETT

~ Deo Vindice

PERRIN LOVETT

Tag Archives: taxes

More Laws, Less Justice (Example 3,785,933,501)

14 Saturday Jan 2017

Posted by perrinlovett in Legal/Political Columns

≈ 1 Comment

Tags

Cicero, government, justice, law, taxes

Cicero was correct: the more laws, the less justice. The U.S. has total law, complete legislation of everything. Does that mean we have no justice at all? Martin Armstrong thinks so.

The Ninth Circuit Court of Appeals in California has upheld the criminal conviction of Robert Kahre, the man who tried to circumvent the IRS by paying his employees in gold coin. He relied on the face value of the gold coins being below the legal threshold that triggers withholding taxes. A $20 gold coin is legal tender for only $20 — not its gold value. Gold was never demonetized. From a strict construction perspective, Kahre was correct and should not have been charged legally. However, the IRS interprets the value of the gold, not the legal tender value. The Court held that Kahre didn’t do his duty to serve as a tax collector for the United States, for which you, as an employer, are not paid. Kahre is currently serving a 15-year sentence.

You must understand that you are dancing with the devil. 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!

A couple of things. First, Armstrong is half right: there is a rule of law: total rule under complete legislation of everything. Second, those rights are a fiction. Every once in a while a citizen wins but it is almost always a fluke. The Soviet show trials had a better acquittal ratio. Tried to redress a grievance lately?? Lastly, Kahre was stupid (brave but stupid) to try this. It’s the government’s game and they’ll change the rules when they want to. Simple as that.

This evening I did my initial and incomplete estimations for my 2016 tax returns. I’m not feeling charitable towards the cabal on the Potomac. Wouldn’t it be grand if weasels like Paul Ryan stopped crying for 11 illegal alien criminals for a second and considered a little relief for 200,000,000 oppressed citizen taxpayers?

I’ll stop now…

Repeal and Replace but Keep the Taxes (of Course)

22 Thursday Dec 2016

Posted by perrinlovett in Legal/Political Columns

≈ 1 Comment

Tags

Congress, GOP, government, ObamaCare, taxes, theft

My first substantive post here regarded Obamacare. It is as much a taxation scheme as it is a corporate welfare measure and a vote-buying apparatus.

The same worthless GOPers who didn’t stop the Act from becoming law have, for years now, blathered on about repealing and replacing it. They haven’t of course though they have had a considerable amount of time and ample evidence for the cause. One Donald J. Trump was recently elected president in small part based on his promise to amend or abolish the system. “You’re going to have the best healthcare,” he said.

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Rick McKee.

A flat-out repeal isn’t going to happen. The free market is simply no longer an option in America. As Fred Reed recently pointed out, the dreaded socialist single-payer system is now probably cheaper and more efficient than what passes for healthcare in the U.S. That won’t happen either.

What likely will happen is more of the same communist/corporatist BS we have endured for the past 50 years. The programs may change a little but the effect will be just as it is now: lousy and expensive third-rate care. The insurance and medical cabals will continue to profit. The government will continue to justify its pointless existence. You’ll continue to pay.

And, of course, now that it comes to it, the same useless GOP is contemplating keeping the associated taxes even as they monkey with the law.

Congressional Republicans are considering holding off on repealing some of ObamaCare’s taxes, according to lobbyists familiar with the discussions.

GOP lawmakers on the House Ways and Means Committee discussed the possibility of keeping some of the taxes in place during a retreat last week at the Library of Congress, the sources say.

Even if some of the taxes are not removed as part of the initial repeal bill, it does not necessarily mean they will remain indefinitely. Some ObamaCare taxes could be dealt with as part of a larger tax reform bill later in the year.

Still, there is at least a possibility that some taxes could remain in place to provide revenue for a replacement healthcare measure.

Discussions are still in flux…

A while back, defending his embattled signature work, Obama said, “If you like your doctor, you can keep your doctor.” He was lying and he knew it. Now it’s Trump’s turn and the GOP’s. Doctors aside, I like my money. Might I keep my money?

Stripping It Down: Dancing For Dollars And Maybe For Dignity

16 Friday Dec 2016

Posted by perrinlovett in Other Columns

≈ 2 Comments

Tags

America, economics, gentlemen, taxes, women

And, now, for a departure from the ordinary of the blog. Herein we have no cigars, no Christmas ties, no excuses for why books take so long to finish, no terrorism, and only the slightest implied hatred of government.

I used to frequent gentlemen’s clubs on occasion. There are two of them in Athens. Well, there were two some twenty years ago. I’ll get to my ancient reminiscing shortly.

The whole Athens, 90s, go-go scene returned to mind as I read a recent article in The Baltimore Sun. Exotic dancers are legally changing the way they work and the way they’re paid.

Dancers at strip clubs have long been considered “independent contractors” whose wages consist solely of tips. But a wave of lawsuits against clubs across the country — including in Baltimore, New York, Atlanta, San Diego and Denver — has challenged that, and legal victories in Maryland and elsewhere have added dancers to payrolls at some clubs.

In New York City, more than 2,000 dancers who worked at Rick’s Cabaret between 2005 and 2012 were awarded $10.9 million in a class-action lawsuit they brought against their employer.

…

Cari Tabor, who sued the Baltimore club Scores in 2014, said that on a good night, she could make $1,000 in tips. But sometimes she didn’t make enough to cover fees charged by the club. She said a minimum wage helps make sure employees are being compensated for their time.

“It’s a base start,” she said.

Historically, strip clubs have treated dancers differently from other staff when it comes to pay.

“It’s always been that way until recent cases. If you were a bar or a nightclub and hired a band, or comedians, you wouldn’t think of those entertainers as employees,” said Baltimore attorney Peter Prevas, who has represented several clubs, including Chez Joey in Gamble’s lawsuit.

Prevas said when strip clubs bring in adult film stars to dance for a limited engagement, they are not considered employees, either.

“The industry has always treated it that way,” he said.

Prevas said he first started seeing the pay lawsuits about five years ago. He said paying dancers a regular wage is a large expense that could potentially put some clubs out of business.

“It’s all over the country,” he said. “I read all the reported cases all over the country, and there’s lots.”

Andrew Alley, owner of Scores Baltimore, declined to comment on specific cases, but said the lawsuits are driven by attorneys looking to make money.

Tabor, 38, said in her lawsuit against Scores that she was charged “house fees” during each shift she worked. Her suit also alleged that she could be charged for gaining weight.

“There’s plenty nights where you have to pay $80 to work that night,” said Tabor, who said she began stripping when she was 17 but has since stopped.

“Really, we were the ones making them money,” she said.

…

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Secret Stripper.

This is an industry rank with just about every abuse possible. It’s a little worse than the health club racket and almost as bad as insurance. The atrocity isn’t per se institutional but it is systemic, it’s everywhere and in all things. There are problems with all facets and most people in the business. I saw a little of this back in Athens.

I lived for a few years in what might best be described as a college students’ slum. Back then it was great. Standards were low then. One day I was doing laundry when in walked a girl from one of those two clubs. I had met her one of twice before. We talked. As it turns out she was my next door (kind of around the corner) neighbor. In fact, I had three dancer neighbors.

We shall call the three roomies: “Star,” “Roxy,” and “Mercedes”. Or “the girls”. “My girls”. We became friends. Through them I met pretty much all of the other girls at the club and the managers. I also knew all of the bouncers because I worked out with them at the old Gold’s Gym on Alps Road. Knowing everyone in a strip club makes things easy on a part-time patron. It also makes the whole experience mundane, which is the polar opposite of what one would expect (especially a single 22-year-old male). That’s part of the reason I gave up the place.

Anyway, all three of “my girls” were as sweet as possible. Really, nicer young ladies were not to be found. Nor more attractive. I have no idea how they were paid back then but I suspect it was all tips. They each made a small weekly fortune. And they were constantly broke.

Similar to the woman in Baltimore, any of my girls could have made $1,000 per night. Given schedule inconsistency and the fact that this was 20 years ago, it was probably more like $500 per night. Still great money in 1996.

The three probably brought in (and I’m wildly guessing here) $5,000 per week. And yet between the three of them they did not have a car. They caught rides in taxis, from other dancers, someone’s mom, “boyfriends” (meaning suckers), and sometimes with me. I was not a sucker because my taxiing usually came with at least free admission and a few drinks.

I found that a little odd. The lack of a car, not my freebies. Each sweetie had a valid license. No DUIs that I knew of. Plenty of cash. So, why no car? Like I said, they were perpetually broke.

The financial straits might have had something to do with Mount Versace. Where the girls’ dining room should have been there existed a pile, 7 1/2 feet tall, of fancy, worn only once-then discarded, new designer clothes. Star’s visit to the laundry room had been an anomaly.

They spent every penny they made. My apartment was around $250 each month. Theirs could not have been much more. They had power. They seemed well fed. I suppose all the rest was spent at the mall.

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Seattle Weekly.

Where was I? This one really has no starting point, ending point, or point in general.

As I mentioned, this particular business is notorious for shadiness. All things being equal I prefer being an independent contractor. Most employers and the IRS hate this idea. I hate them right back. Many of these clubs try hard to cheat the ladies. Many of the ladies try hard to cheat the clubs. I really can’t form an opinion on this matter beyond that (shocking, yes!).

If I ran such an establishment, and thank God I do not, I would pay with a hybrid system. I would provide a base “draw” salary which the ladies would be expected to exceed and replace in tips. I also would not charge them any BS fees.

None of this would at all change the nature of the business. Ultimately, people do what they want to. And they come and go. I left it all in Athens. I imagine all three of “my girls” did as well.

Herein I got to run together current events news with an old memory. I suppose that what struck me about the Sun story was the feeling I would have never wanted my sweet neighbors cheated financially, even though they regularly did that to themselves. And I hope all of this works out well for everyone involved.

There. That’s as much of a point or moral as you get from this ramble.

Good For The Goose, Good For The Slander

12 Saturday Nov 2016

Posted by perrinlovett in News and Notes

≈ Comments Off on Good For The Goose, Good For The Slander

Tags

Donald Trump, honesty, New York Times, taxes

All this week I’ve been waiting on someone to rehash the issue of Trump’s taxes. The left it seems is too busy hating white people, crying wolf, and just crying. So I’ll bring it up again.

On October 1st the New York Times ran a story about Trump’s 1995 tax-deferring loss of $916 Million.

The provision, known as net operating loss, or N.O.L., allows a dizzying array of deductions, business expenses, real estate depreciation, losses from the sale of business assets and even operating losses to flow from the balance sheets of those partnerships, limited liability companies and S corporations onto the personal tax returns of men like Mr. Trump. In turn, those losses can be used to cancel out an equivalent amount of taxable income from, say, book royalties or branding deals.

Disappointed no New York lawyers or accountants would tell them anything except Trump followed the law, the Times went so far as to track down Trump’s 80 year old former accountant in Florida.

Now, thanks to Mr. Trump’s 1995 tax records, the degree to which he spun all those years of red ink into tax write-off gold may finally be apparent.

Mr. Mitnick, the lawyer and accountant, was the person Mr. Trump leaned on most to do the spinning. Mr. Mitnick worked for a small Long Island accounting firm that specialized in handling tax issues for wealthy New York real estate families. He had long handled tax matters for Mr. Trump’s father, Fred C. Trump, and he said he began doing Donald Trump’s taxes after Mr. Trump turned 18.

…

Mr. Mitnick, though, said there were times when even he, for all his years helping wealthy New Yorkers navigate the tax code, found it difficult to face the incongruity of his work for Mr. Trump. He felt keenly aware that Mr. Trump was living a life of unimaginable luxury thanks in part to Mr. Mitnick’s ability to relieve him of the burden of paying taxes like everyone else.

“Here the guy was building incredible net worth and not paying tax on it,” he said.

The incongruity of it all. He spun red ink into write-off gold. Like Rumpelstiltskin. But unlike old Rumpel, Trump got to keep the baby – he got a life of luxury, building wealth without paying taxes.

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Rescue Post.

One suspects the Times crew would love to call this activity a felon if they could. Well, at least as far as Trump is concerned, they would. When the same provision might be used by anyone connected to the Clinton Machine, the Times is all for it. They even recommend it. Or they did, on May 10th, at the end of a story about Hillary’s son-in-law losing 90% of his investors’ money.

In letters to investors in 2014, Mr. Mezvinsky and his partners expressed confidence that Greece would soon be on the path to a “sustainable recovery.” But by the end of that year, Eaglevale’s leaders began to acknowledge that their perspective on the situation in Greece may have been wrong. The fund had earlier stopped taking in new money.

The one silver lining for the fund’s investors from all of this is that they will have a somewhat larger tax loss on investments to claim next year.

Unbelievable. No, wait, it’s the Times. Completely believable. What was a silver lining for the Clinton set in May became a mortal sin for Trump just five months later.

This sort of blind inconsistency is part of the reason why they never saw Trump coming. Arthur O. Sulzberger Jr. says the Old Grey Hag will now rededicate itself to reporting honestly. How? More importantly, who cares?

The $47 Trillion Migraine

05 Wednesday Oct 2016

Posted by perrinlovett in News and Notes

≈ Comments Off on The $47 Trillion Migraine

Tags

banksters, debt, economy, Stephan Pastis, taxes

NFL viewership is in free-fall collapse and with good reason. If people are waking up, some of them may know that one of Europe’s largest banks is also collapsing. Deutsche bank is going under. This could have a dramatic effect on the EU and America also.

The 2015 annual report for Deutsche Bank runs to some 448 pages, so one rather doubts if even its CEO, John Cryan, has read it all, or has a complete grasp of, for example, its €42 trillion in total notional derivatives exposure.

Is Deutsche Bank technically insolvent? We’d suggest that it probably is, but we have no dog in the fight, having never either owned banks or shorted them. And like everybody else we assume that some kind of fix will soon be in – probably one that will further vindicate exposure to gold, both as money substitute and currency substitute. Professor Kevin Dowd, asking whether Deutsche Bank ist kaputt, suggests that the bank’s derivatives exposure is difficult to assess rationally; the value of its derivatives book

“is unreliable because many of its derivatives are valued using unreliable methods. Like many banks, Deutsche uses a three-level hierarchy to report the fair values of its assets. The most reliable, Level 1, applies to traded assets and fair-values them at their market prices. Level 2 assets (such as mortgage-backed securities) are not traded on open markets and are fair-valued using models calibrated to observable inputs such as other market prices. The murkiest, Level 3, applies to the most esoteric instruments (such as the more complex/illiquid Credit Default Swaps and Collateralized Debt Obligations) that are fair-valued using models not calibrated to market data – in practice, mark-to- myth. The scope for error and abuse is too obvious to need spelling out.”

42 Trillion Euros equals 47 Trillion Dollars. If that number is unreliable it still suggests a huge problem. And it’s one that your taxes will likely be called on to fix.

Speaking of theft … taxes, Apple is the biggest U.S. tax dodger (not Donald Trump). The software/SJW giant avoided paying $65 Billion in taxes for either the current year or last year. What a shame. That’s money that could have gone into the pockets of German speculators. We’ll just have to print money to cover for them.

In totally unrelated but much happier news Stephan Pastis will have a new compilation book out in November, Stephan’s Web:

9781449482022_frontcover

Pastis / McMeel Publishing.

It’s like Charlotte’s Web but sarcastically and self-deprecatingly humorous. Unlike Deutsch and Apple, it has real value.

Record Taxes, Record Debts

14 Wednesday Sep 2016

Posted by perrinlovett in Legal/Political Columns, News and Notes

≈ Comments Off on Record Taxes, Record Debts

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America, banksters, crime, debt, Donald Trump, Federal Reserve, government, Obama, Ron Paul, taxes

More credit given where and when due: Hussein Obama is the greatest tax collector in the history of America, probably the world. Through last month Obama has raised $20,197,437,000,000 during his two terms in office.

That sum is, theoretically, more than enough to pay of the government’s (on-books) debt. That would leave nothing with which to operate the government. Horror!

Of course the debt was half of what it is now when Obama first took office. Had the government operated at Constitutional levels, there would have been plenty and to spare to completely pay off the debt before now.

This also means that Obama raises enough money each year via real taxation to run the federal leviathan at 2000 levels without any debt at all. Didn’t they get by in 2000? Why can’t they make do with that kind of spending now. Ron Paul officially raised that question back when there was still time to elect him president. That idea did not sit well with the criminals at the Federal Reserve.

Now Donald Trump is actually making similar noise:

To wit, Yellen is still sitting on interest rates at the zero bound after 93 months for one simple reason. Even in the context of an economic recovery that is now allegedly so complete that we are actually on the cusp of full employment, according to Vice-Chairman Stanley Fischer, she is deathly fearful of a hissy fit on Wall Street, as was foreshadowed by last Friday’s sharp sell-off.

Opined the Donald:

“She’s obviously political and she is doing what [President Barack] Obama wants her to do,” Trump said in an interview on CNBC. Trump predicted that the market is going to “go way down” as soon as interest rates go up.

“I believe it is a false market because money is essentially free,” Trump said.

He got that right but needs to take it a step further. At the same time that the Fed continues placating Wall Street gamblers with an unending stint of free carry trade funding that has self-evidently not generated real breadwinners jobs or higher real incomes in Flyover America, savers and retirees continue to be pounded.

In fact, our unelected monetary politburo is causing upwards of $300 billion per year to be transferred from savers to the banks and the financial system owing to its senseless pursuit of 2.00% inflation via pegging the money market interest rate on the zero-bound.

All Donald has to do to get my endorsement is to call for the abolition of the Fed. Well, that and promise to drive the banksters into the sea. He won’t, of course. The game will go on a little while longer.

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Somewhere on Google.

There are no plans to pay off the debt. It is in fact un-payoff-able by design. One day all that red ink will have to be repudiated or written off. We might as well look at that reality now. I say cancel the debt – cancel all debts. And make debt illegal. Make issuing usurious debt a capital felony. There oughta be a law!

Otherwise, by 2024, Trump will hold the tax collection record while presiding over a $40-50 Trillion (on-books) debt. These are dubious records – like the highest score on the golf course.

That’s what I’m Yellin’ bout.

Weaponized Taxation

04 Sunday Sep 2016

Posted by perrinlovett in Legal/Political Columns, News and Notes

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America, bill of attainder, Constitution, crime, ex post facto, freedom, government, IRS, law, power, taxes

“The power to tax involves the power to destroy.” John Marshall, McCulloch v. Maryland, 17 U.S. 316 (1819).

Last week Apple felt that power from abroad. The EU decreed Apple owes $15 Billion in back taxes. The imposition is seen as retaliation for Apple’s sales success in Europe. Economic success warrants retaliation in the twisted mind of government.

Here in America, Congress is desperately seeking similar retaliation. It has been suggested that American tax power may be weaponized to strike hard at European companies. While they’re at it, they may want to strike at you as well.

The past decade has seen a massive increase (1,000% or so) in Americans attempting to flee the ruins of the old Republic in efforts to preserve what they have created (and to preserve their own freedom). Fleeing the Land of the Free for freedom. Odd.

Mark Nestmann explains:

But just to make sure expatriates know “who’s the boss,” in 2012, Senators Schumer and Bob Casey (D-PA) introduced legislation to retroactively punish them. The “Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy Act,” or Ex-PATRIOT Act, would punish wealthy expatriates by forbidding them from ever reentering the US. The proposal would apply to anyone with a net worth of $2 million or more at the time of expatriation. It would also be retroactive for the 10-year period prior to enactment of the statute.

The Ex-PATRIOT Act didn’t pass in 2012, or in 2013 when Schumer reintroduced it as an amendment to another act. But I wouldn’t be at all surprised if it reappears in 2017. It’s hard to see how someone like Donald Trump, who bashes everything non-US, could oppose this bill. And Hillary Clinton has long slammed corporations that move their base of operations from the US to save on corporate taxes. It’s not a huge jump to conclude that if elected, she’d sign the Schumer-Casey proposal into law.

A retroactive law is known legally as ex post facto (after the fact). Such laws were viewed for centuries, rightly, as unfair. They are forbidden not once but twice in the Constitution: Art 1, § 9 and § 10. Such a deliberate targeting of the successful is known as a Bill of Attainder – also prohibited by the Constitution, again in Article I, Section 9.

 

The U.S. abandoned the ancient abstention of retroactive prosecution in 1945 and has not looked back. The Constitution is abandoned. “Constitutionalists” may say what they like but saying doesn’t stop the doing. And it’s all done anyway.

Anyone who deals with the IRS knows Washington wages an everyday war for power. It is more about showing the commoners “who’s the boss” than the money.

Remember Jim Bakker the 1980’s televangelist? His affairs left him with a $500,000 tax bill. Thirty years later the debt has grown (with interest and penalties) to around $6,000,000. Bakker will never pay that off. The government doesn’t expect him to. They are most happy lording over him for life; the money is a side issue. His freedom, otherwise redeemed by the passage of time, is destroyed by taxation. Marshall was on to something.

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Everyone makes mistakes. Many pay for them. Some have to pay and pay and pay … forever. God forgives. The IRS does not.

The future looks to hold much of the same. Schumer is still trying to ram his pet (illegal) law through Congress. The IRS terrorizes millions. Do not look for help from either presidential candidate.

Trump has already announced an intention to use selective confiscation for his benefit. He wants to seize drug cartel funds and use them to construct his wall. Remember that such programs grow over time, usually to encompass more targets than originally stated. Remember too any wall that can keep Mexicans out can also keep Americans in.

God help you if Clinton is elected. She views all of you as servants and the government as a giant tool for her personal gain. IRS persecution of anyone deemed even slightly anti-Clinton is a given. Worse, she may use tax records (And she didn’t know they were classified! Honest.) to compile a hit list. You know, for more of those “suicides”.

Tomorrow is Labor Day – the day for celebrating productivity in the workforce. Ponder for just a moment, between the burgers, beer and football, that you have a silent partner at work. Whatever you do, your partner takes 20%, 40% (honestly much more – maybe 60-70% in totality) of every dollar you earn and produce while contributing absolutely nothing. Your silent partner uses taxes as a weapon to keep you in line or, at the least, to rob you.

Jim Bakker. Tammy Faye? The makeup??

In Government We Trust: The Shadow Lengthens

31 Wednesday Aug 2016

Posted by perrinlovett in Legal/Political Columns, News and Notes

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America, Constitution, corruption, election, evil, false flag, government, Homeland Security, immigration, IRS, law, taxes, The People, voting

Just yesterday morning I followed up on the bumbling attempts by Washington to explain electoral system security breaches. I pondered whether the FBI actually found said breaches as part of an investigation or if they had created them as part of some false flag scheme for control. Today, we may have part of an answer.

I woke up (late) to this headline at Drudge:

nimbus-image-1472645099779

Hussein Obama elaborates on his golf handicap at NASA; Jeh Johnson looks on.

Drudge likes a little shock value. It should read: DHS to take charge of election security. That’s what they’re planning to do.

Even before the FBI identified new cyber attacks on two separate state election boards, the Department of Homeland Security began considering declaring the election a “critical infrastructure,” giving it the same control over security it has over Wall Street and and the electric power grid.

The latest admissions of attacks could speed up that effort possibly including the upcoming presidential election, according to officials.

“We should carefully consider whether our election system, our election process, is critical infrastructure like the financial sector, like the power grid,” Homeland Security Secretary Jeh Johnson said.

…

Johnson also said that the big issue at hand is that there isn’t a central election system since the states run elections. “There’s no one federal election system. There are some 9,000 jurisdictions involved in the election process,” Johnson said.

Or, there were 9,000. Decentralization of power is a long-standing paper theme in America. I say “paper” because though we cut ties to centralized authority (King George III) in 1776, we reinstituted them in 1787 with the federal Constitution. Still, with something like elections, it’s probably preferable to have 9,000 separate authorities rather than just one. That makes corruption 9,000 times harder. Or, it did.

A related topic was raised in a U.S. News article today:

“There’s nothing in the Constitution which requires a popular election for the electors serving in the Electoral College,” says John Nagle, a law professor at the University of Notre Dame, meaning the body that officially elects presidents could convene without the general public voting.

“It’s up to each state legislature to decide how they want to choose the state’s electors,” Nagle says. “It may be a situation in which the fact that we have an Electoral College, rather than direct voting for presidential candidates, may prove to be helpful.”

Both major parties do have rules for presidential ticket replacements, however, and Congress has the power to change the election date under Article II of the Constitution, which allows federal lawmakers to set dates for the selection of presidential electors and when those electors will vote.

But Congress would be up against a de facto December deadline, as the Constitution’s 20th Amendment requires that congressional terms expire Jan. 3 and presidential terms on Jan. 20. Though it’s conceivable to split legislative and presidential elections, they generally happen at the same time. And if the entire general election were to be moved after Jan. 3, Congress effectively would have voted themselves out of office.

While I would be happy as a clam if Congress voted itself out of office I suspect many others would not. “There’s nothing in the Constitution which requires a popular election…” – that doesn’t jive with all that “democracy” and “you’re vote counts” business so popular today. But, it’s true.

Your vote, your participation in the election is not needed. It is only an illusion. At best it provides the real state electoral system with suggestions. If someone wanted to tamper with your suggestion box, it would be better for them (worse for you) to do so from a singular point (as opposed to 9,000 little points all over the place). Thus, my suspicion of DHS’s power grab.

Oddly, DHS isn’t necessary either nor is it found in the Constitution. With the brief and partial interruption in the scheme from 1861-1865, the federal system operated without DHS from 1787 until 2002 (2003 really). It was a gift of the wooden, horse-like, Greek variety from our dear friend Jorge the Dimmer. (Miss him yet?) It was instituted after another false flag event. (Thanks for that recent admission, Rudy!)

I’m really close to 700 posts on this site and at least about 600 of them deal with the evil nature of government. You simply cannot underestimate the state’s capacity to do harm. Yesterday I mockingly rattled off but a few of the known recent depredations from D.C. Here’s a new one:

Those hard-working, just like us, only trying to better their lives while hiding “in the shadows” illegal aliens have stolen 1,000,000 of our social security numbers. What’s more, the IRS has known about this for about FIVE YEARS and has done nothing! They haven’t even notified the victims. A can of worms this is.

Social Security isn’t in the Constitution either, apart from just being another tax. The IRS is happy to collect taxes from any source it can. If illegals pay in, great. They care nothing about you and your identity theft claims.

As for the illegals, some say there is no such thing as an “illegal person”. This is where I part ways with the open borders libertarians. Is there now no such thing as an illegal identity thief?

We are not the world, nor are we children.

Even if the IRS cared (they don’t), they would have a very hard time sorting all this out. Likely they have no idea how to solve this problem. Their position is partly defensible mathematically: in just a few short score of years both the illegals and the identity victims, every last one, will be dead – thus, no problem in the long run to worry about.

Back to DHS, they have a short but growing history of doing a whole lot of nothing. Nothing except for taking control – of anything they can. That helps boost their budget numbers. A few of you may recall how DHS took control of the West Virginia situation in the novel Republic and the ensuing hilarity.

By the way, and on a concluding note, pursuant to the deficiencies discovered in Republic those you in WV might want to go ahead and stock up on AAA and SAMs.

If You Like Your High Prices, You Can Keep Your High Prices: Ailing ObamaCare

12 Friday Aug 2016

Posted by perrinlovett in Legal/Political Columns, News and Notes

≈ Comments Off on If You Like Your High Prices, You Can Keep Your High Prices: Ailing ObamaCare

Tags

America, government, insurance, money, ObamaCare, taxes

Either Donald or Hillary will face many challenges come January. (One wonders why any sane person would want such a job.) Among them is the rapid deterioration of ObamaCare. The program is in very real danger of failing at least one of its primary goals, insurance company profits.

The Obama administration has struggled for several years to bring young, healthy people into the marketplaces, which is needed to offset the medical costs of older and sicker customers.

These problems are coming to light this year, as insurers get their first full look at ObamaCare customer data. Some, like UnitedHealth Group, say they’ve seen enough and are already vowing to leave the exchanges.

Levitt and other experts warn that if the numbers don’t improve this year, more insurers could bolt. That would deal a major blow to marketplace competition while also driving up rates and keeping even more people out of the exchanges.

The answer is going to be higher (much higher) health insurance premiums for all who currently pay. Rates in some states are set to rise another 40-60% immediately and on top of other recent increases. How’s that for “affordable”? A few of the con-men say this will be a mere one-time offset. Aside from previous increases and those sure to follow, it will be.

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ObamaCare was legally justified by the Nine of Minas Morgul as just another tax. I wrote about that in my first substantive column here, over four years ago. Taxes don’t just steal money of their own accord. They also bring higher regulatory costs, inflation, and higher prices to boot. Thus, their destructive nature. Insurance companies were designed for one thing – to make money for themselves. They will keep doing so at your expense. If you like your money, you will lose your money.

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Hillary’s Tax Hikes: Fair Enough?

29 Friday Jul 2016

Posted by perrinlovett in Legal/Political Columns, News and Notes

≈ Comments Off on Hillary’s Tax Hikes: Fair Enough?

Tags

America, crime, Democrats, government, Hillary Clinton, taxes, The People, theft

Tax increases and Democrats go together like sunrise and the east. It’s natural, predictable. It’s also disturbing. Like the meme says: “Taxation is theft.” Well, armed robbery really. The point is – they want your money and they always have a plan to get it.

fd850481b8da0d6a7e2953cb3ba902dc

Gary Varvel/Pinterest.

Americans for Tax Reform put together a list of some of Hillary’s proposed tax increases. I say “some of” because they’re will surely be more if she is elected. Here’s the majority of it:

Hillary Clinton has made clear she intends to dramatically raise taxes on the American people if elected. She has proposed an income tax increase, a business tax increase, a death tax increase, a capital gains tax increase, a tax on stock trading, an “Exit Tax” and more (see below). Her planned net tax increase on the American people is at least $1 trillion over ten years, based on her campaign’s own figures.

Hillary has endorsed several tax increases on middle income Americans, despite her pledge not to raise taxes on any American making less than $250,000. She has said she would be fine with a payroll tax hike on all Americans, she has endorsed a steep soda tax, endorsed a 25% national gun tax, and most recently, her campaign manager John Podesta said she would be open to a carbon tax. It’s no wonder that when asked by ABC’s George Stephanopoulos if her pledge was a “rock-solid” promise, she slipped and said the pledge was merely a “goal.” In other words, she’s going to raise taxes on middle income Americans.

Hillary’s formally proposed $1 trillion net tax increase consists of the following:

Income Tax Increase – $350 Billion: Clinton has proposed a $350 billion income tax hike in the form of a 28 percent cap on itemized deductions.

Business Tax Increase — $275 Billion: Clinton has called for a tax hike of at least $275 billion through undefined business tax reform, as described in a Clinton campaign document.

“Fairness” Tax Increase — $400 Billion: According to her published plan, Clinton has called for a tax increase of “between $400 and $500 billion” by “restoring basic fairness to our tax code.” These proposals include a “fair share surcharge,” the taxing of carried interest capital gains as ordinary income, and a hike in the Death Tax.

But there are even more Clinton tax hike proposals not included in the tally above. Her campaign has failed to release specific details for many of her proposals. The true Clinton net tax hike figure is likely much higher than $1 trillion.

For instance:

Capital Gains Tax Increase — Clinton has proposed an increase in the capital gains tax to counter the “tyranny of today’s earnings report.” Her plan calls for a byzantine capital gains tax regime with six rates. Her campaign has not put a dollar amount on this tax increase.

Tax on Stock Trading — Clinton has proposed a new tax on stock trading. Costs associated with this new tax will be borne by millions of American families that hold 401(k)s, IRAs and other savings accounts. The tax increase would only further burden markets by discouraging trading and investment. Again, no dollar figure for this tax hike has been released by the Clinton campaign.

“Exit Tax” – Rather than reduce the extremely high, uncompetitive corporate tax rate, Clinton has proposed a series of measures aimed at inversions including an “exit tax” on income earned overseas. The term “exit tax” is used by the campaign itself. Her campaign document describing this proposal says it will raise $80 billion in tax revenue, but claims some of the $80 billion will be plowed into tax relief. How much? The campaign doesn’t say.

This is, all of it, insane. The federal government already spends about $4Trillion per year – mostly on welfare and warfare (neither Constitutional). What could they possibly want or need with another $Trillion? And, the increases, even if they all became law, wouldn’t raise that much anyway. Taxes affect behavior. Increased taxation of income, for example, will cause people and businesses to curtail their incomes so as to avoid paying the tax. Thus, there is less money to steal … tax as a result.

Businesses (the big ones) don’t really pay their income taxes. They pass them on to you and you pay them through higher prices and fees. If $275 Billion is raised, it will be on your backs.

I love the “Fairness tax” idea. To them simplification always means paying more. Period. It reminds me of an old joke from the 90s – Bill Clinton’s simplified, revised tax form. It was just two lines in its entirety: 1) “How much did you make?” and 2) “Send it in.” So simple. So fair.

These are merely proposals. Most likely would not make it through Congress. Still, if the left has shown anything during the past century or so, it is that they get what they want – or, at least some of it. Right now, as usual, they want yours. Fair enough?

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