Comments on: What The Government Makes Easy http://www.thelibertypapers.org/2006/09/21/what-the-government-makes-easy/ Life. Liberty. Property. Defending individual freedom and liberty, one post at a time. Wed, 08 Feb 2012 17:04:34 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: bud http://www.thelibertypapers.org/2006/09/21/what-the-government-makes-easy/#comment-2445 bud Thu, 28 Sep 2006 17:28:20 +0000 http://www.thelibertypapers.org/2006/09/21/what-the-government-makes-easy/#comment-2445 One nit: The tax code is not all that complicated, excerpt for part 5?, 7?... whatever. That part is about 15% of the total, and it's where all the bodies are buried. It's where the "any entity making more than $75M, but less than $100M from transfers covered under section 3.2.8.6, but not otherwise eligible under section 4.7.3.9, and consisting of less than 23% ownership as defined in section 4.3.88, but not containing ownership of offshore entities except as defined in section 6.7.3.5, don't owe no taxes" provisons. The rest of the tax code may be a bit complicated for the "you want fries with that?" crew, but any engineer should have no trouble understanding it. If all you have is wages, dividend and interest income, you've bought and sold some stock and real estate - the tax code is not all that complicated. If you have a business it's a bit more. Figuring how far you can push the IRS on expenses has little to do with the code, however, and depreciation is just a lot of bookeeping effort, but again, not terribly obtuse in the code. It's just the *really* rich who need the high-priced lawyers to find (and get put in) those "special" sections. email is human readable - aloud One nit: The tax code is not all that complicated, excerpt for part 5?, 7?… whatever. That part is about 15% of the total, and it’s where all the bodies are buried. It’s where the “any entity making more than $75M, but less than $100M from transfers covered under section 3.2.8.6, but not otherwise eligible under section 4.7.3.9, and consisting of less than 23% ownership as defined in section 4.3.88, but not containing ownership of offshore entities except as defined in section 6.7.3.5, don’t owe no taxes” provisons.
The rest of the tax code may be a bit complicated for the “you want fries with that?” crew, but any engineer should have no trouble understanding it.

If all you have is wages, dividend and interest income, you’ve bought and sold some stock and real estate – the tax code is not all that complicated. If you have a business it’s a bit more. Figuring how far you can push the IRS on expenses has little to do with the code, however, and depreciation is just a lot of bookeeping effort, but again, not terribly obtuse in the code.

It’s just the *really* rich who need the high-priced lawyers to find (and get put in) those “special” sections.

email is human readable – aloud

]]> By: ONEMANBANDWIDTH: EXPAT CHINA BLOG OF AN AMERICAN PROFESSOR TEACHING IN GUANGZHOU » Blog Archive » THE CARNIVAL OF LIBERTY FROM CHINA http://www.thelibertypapers.org/2006/09/21/what-the-government-makes-easy/#comment-2435 ONEMANBANDWIDTH: EXPAT CHINA BLOG OF AN AMERICAN PROFESSOR TEACHING IN GUANGZHOU » Blog Archive » THE CARNIVAL OF LIBERTY FROM CHINA Wed, 27 Sep 2006 01:02:18 +0000 http://www.thelibertypapers.org/2006/09/21/what-the-government-makes-easy/#comment-2435 [...] Brad Warbiany presents What The Government Makes Easya personal reflection on taxation, politics and the flip side of NOT biting the hand that feeds you at The Liberty Papers. [...] [...] Brad Warbiany presents What The Government Makes Easya personal reflection on taxation, politics and the flip side of NOT biting the hand that feeds you at The Liberty Papers. [...]

]]> By: Brad Warbiany http://www.thelibertypapers.org/2006/09/21/what-the-government-makes-easy/#comment-2424 Brad Warbiany Fri, 22 Sep 2006 13:21:22 +0000 http://www.thelibertypapers.org/2006/09/21/what-the-government-makes-easy/#comment-2424 VRB, Yes, I realize that things in CA are quite a bit more generous than other states... Which is one of the reasons I think that California, from the standpoint of government, is a failure. VRB,

Yes, I realize that things in CA are quite a bit more generous than other states… Which is one of the reasons I think that California, from the standpoint of government, is a failure.

]]> By: VRB http://www.thelibertypapers.org/2006/09/21/what-the-government-makes-easy/#comment-2423 VRB Fri, 22 Sep 2006 12:44:57 +0000 http://www.thelibertypapers.org/2006/09/21/what-the-government-makes-easy/#comment-2423 I think it depends upon the state. Not all states are as generous and you only get 26 weeks, so you can't stay on it forever. The amount you get is base on how much you make, a clerk would not get as much as you did on unemployment. That clerk would probalby have had more incentive to find another job than you. Usually if you are eligble for the max you aren't for food stamps, and if you are male in this state (PA) you would never be eligible for welfare. I think it depends upon the state. Not all states are as generous and you only get 26 weeks, so you can’t stay on it forever. The amount you get is base on how much you make, a clerk would not get as much as you did on unemployment. That clerk would probalby have had more incentive to find another job than you. Usually if you are eligble for the max you aren’t for food stamps, and if you are male in this state (PA) you would never be eligible for welfare.

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