Posts Tagged ‘Income Tax’

Little Pets – Big Pets

July 18, 2012

Remember Folks! Little Pets Grow Into Big Pets!

Wage Earner: Cute Little Tyke, What is it?

Salaried Man: It’s a device to nick the wealthy for more taxes!

Farmer: If Uncle wants it, it’s okay with me – I’ll never hafta feed it!

*     *     *     *     *     *     *    *     *

For Instance – Whooda Ever Thought – Way Back in 1913

RICH MAN

POOR MAN

BEGGAR MAN

THIEF

DOCTOR

LAWYER

MERCHANT

CHIEF

*     *     *     *     *     *     *     *     *

C’MON, C’MON EVERYONE!

DIVVY UP!

Dixon Evening Telegraph (Dixon, Illinois) Mar 10, 1954

Some Thoughts on Taxes

April 17, 2012

Some Thoughts On Taxes

By George E. Sokolsky

Adam Smith, in discussing taxes on property, wrote:

“While property remains in the possession of the same person, whatever permanent taxes may have been imposed upon it, they have never been intended to diminish or take away any part of its capital value, but only some part of the revenue arising from it . . .”

The original idea of the income tax was not to deprive citizens of their savings nor to diminish their possessions but to raise revenue for the use of government. The new taxes imposed by the inequitably taxed President are actually reducing the possibility of savings and therefore of coming into possession of property. The present taxes involve not only a redistribution of earned wealth but a confiscation of earnings.

KARL MARX AIMED to abolish love of country so that the world revolution would come more quickly. Whereas in the United States the theory of life was that there would be a constant improvement, so that workers would own their own homes, buy their own insurance policies, even go into business for themselves. Karl Marx really hoped for increased poverty so that the proletariat would be more numerous.

In America, the aim was to increase the middle class; Marx sought to abolish the middle class.

Harold Laski put these ideas in this language:

“. . . If Communists are charged with seeking to abolish love of country, the Manifesto answers that workers can have no country until they are emancipated from bourgeois domination; with their acquisition of political power, the hostility between nations will disappear. So also, it will change traditional ideas in religion and philosophy. Since it puts experience on a new basis, it will change the ideas which are their expression.”

In a word, Communists seek, in every respect, to abolish our world as we have known it for at least 5,000 years.

AMONG THE MEASURES WHICH MARX advocated for the accomplishment of the revolution were these (the numbers are his; there were altogether 10):

“1. Abolition of property in land and application of all rents of land to public purposes.

“2. A heavy progressive or graduated income tax.

“3. Abolition of all right of inheritance.

“5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.

“6. Centralization of the means of communication and transport in the hands of state.”

(It will be noted that since 1848, when this list was published, many so-called Capitalist countries have accepted Marx’s program.)

The income tax is high on the list. The graduated income tax can reduce the individual to a constantly lowering standard of living. It can prevent savings by leaving nothing over after living expenses. The tax guarantees poverty.

When to the income tax is added a complex system of excises and hidden taxes, it is possible for government to arrange for an economy which permits the appearance of high wages and even high prices while all the time the standard of life is being depreciated and the middle class is being squeezed out of existence.

IN THIS COUNTRY, we are now observing precisely this process, particularly as it affects the white collar and professional classes. For them, very little hope of self-improvement is left. Their doom is to find rated jobs in government, jobs which pay little, permit of no initiative, require featherbedding to survive and end in a low standard retirement pension. If that is pie in the sky, it certainly is not of the American dream.

If we complain that too many Americans are on the government payroll, we are in error. For if we permit our white collar and cultural classes to be taxed out of opportunity for self-improvement, they must take government jobs as no others are available to them. In the past, such Americans made their own opportunities out of their ingenuity, their ability to save or to borrow from their neighbors. They were not inhibited by government through taxes.

IN A WORD, THE REVOLUTION which the New Deal under Harry Hopkins introduced and the Fair Deal under Leon Keyserling seeks to complete is being accomplished with even greater skill than Lenin exhibited in Russia. The Bolsheviks employed terror and murder and confiscation as weapons.

The American revolution is being accomplished by means of taxes, principally the income tax, by premeditated wasteful expenditure of the people’s money, and by depreciating the currency. And the revolutionists can truthfully say that it is done with our consent. We authorized the revolution by our votes.

(c 1951, King Features Syndicate, Inc.)

Tucson Daily Citizen (Tucson, Arizona) Nov 8, 1951

Take My Income – Gimme the Tax

April 17, 2012

The Oweds of March

By Arthur “Bugs” Baer

Today’s the old reliable Income Tax Day when you have to shell out like a self-bailing bean pod.

A man can be sober, reliable and honest 364 days in the year and still not know what to do with the extra day in February.

This is the day the corners on the Square Johns get a little rounded.

It’s tough when March the Fifteenth falls on a Wednesday and both of them fall on the taxpayer.

Honest Abe Lincoln never made out an income tax. And you notice he hurried through with his birthday a month ago.

Here’s the way I mail my income tax blank during the dark of the moon.

I flank the Town Hall in a turning movement, bypass the fire-house, wear blinkers going by the statue of Daniel Webster, sneak up on an isolated mail-box, drop a mysterious letter into the chute and then fan the letter-box for five minutes with my hat.

If no smoke comes out I know that truth and the right have again conquered throughout the land and unto all the inhabitants thereof. If sparks emerge I rush home and turn the clock back to 1912 for an alibi.

The only thing that bothers me this year is the money. They have added a Forgiveness Tax that is meaner than a porcupine with his underwear on backward.

That Forgiveness Tax forgiveth not my transgressions, my bad bookkeeping, my poor memory nor my elastic chicanery. Nossir, that Forgiveness Tax sinketh me with all on board.

That Forgiveness Tax is a deadly torpedo in the form of a bon-bon.

When it comes to me sinning and the government forgiving I would like to have it twice as versa. Let me do the forgiving next time.

However, I guess I’ll get by all right. I have a date with a loan corporation at noon for a transfusion.

(c 1944, King Features)

Tucson Daily Citizen (Tucson, Arizona) Mar 17, 1944

*****

From the Tax History Project: [excerpt]

World War II brought two major changes to the federal tax system. First, it dramatically expanded the individual income tax, boosting the number of taxpayers sevenfold in just six years. Second, it introduced wage withholding to help new taxpayers meet their obligations.

….

Before 1943, taxpayers were expected to save enough money over the course of the year to pay their tax liability when it came due early in the next calendar year. Had pay-as-you-go withholding been simply superimposed on that system, then taxpayers would have been making payments on their current liability while simultaneously paying the tax bill for the previous year. For many taxpayers, that was impossible, especially given the steep annual increase in tax rates during the war.

The Lowell Sun (Lowell, Massachusetts) Mar 12, 1945