Tax and Spend

States are taxing companies which have no property in their territory.

Homeland Security advertises to immigrants how to obtain welfare.

Peter Schiff refutes those who claim that capital gains and dividend taxes are too low.

"He revealed to me that it wasn't so much his own taxes that concerned him but other millionaires that he is convinced unfairly pay a lower rate than he does. As a lawyer, his income comes in the form of fees. Therefore he pays most of his federal taxes at the 35% rate (plus Medicare). However he seemed disturbed that other millionaires, who may rely on dividends and capital gains for much of their income, pay only 15%. When I explained that corporate stockholders have already paid a 35% tax on their share of corporate income before they received any personal dividends or capital gains, he claimed that corporate income taxes have no impact on either dividends or share prices."

In other words, capital gains taxes are double taxation. First, you pay taxes as an owner of a corporation in the form of corporate taxes. Then, you pay an additional capital gains or dividend tax when you realize those gains personally.

Government will tax your pension and 401K.

Tax codes.

"For example, politicians like to talk about technology, efficiency and transparency. But just take a look at the tax code to see where they really stand. Estonia’s Taxation Act of 2002, which form the preponderance of that country’s tax code, is 43,370 words.
In Canada, the tax code is close to 1 million words. And in the US, the tax code is so daunting that simply the INSTRUCTIONS for form 1040 shatter the record books at 178,096 words… over four times the entirety of Estonia’s tax code.
US tax code is so massive, in fact, that the Government Printing Office charges $1,028 just to print a copy of it!"

It takes that many words for all the plutocrats to cut out their specific deductions.