Congress Gives Bankers Wet Dreams

Banking

Have you ever tried to read our tax law? Wow. I am an educated person, an IT systems engineer. It felt like it took me five minutes per paragraph to make any sense of the content.

I decided to read the law after filing my taxes this past year. The amount the government stole from me and the reading just hurt. I’m now on a payment plan with the IRS raiding my bank account every month and charging me interest. Is the IRS a bank? How have we allowed ourselves to be so abused?

The tax law https://bit.ly/30BC4K9 ( is actually a directive to write words into the tax code. The tax code is Title 26 of the US code (https://bit.ly/2AxHdIB).

There are eleven sections in the tax code. They are all written in the language called ‘legalese’. Let’s focus on one section today: Paycheck withholding. Following the breadcrumbs, I found the part that requires employers to take your money and hand it over to the IRS. It is titled ‘26 USC 3402: Income tax collected at source’ and is found at https://bit.ly/37pxXSO. Talk about someone having their hands in your pants!

First, I’m struck by the words giving the ‘Secretary’ superpowers nearly everywhere in this document. For example: blah blah …. shall be made in such form and manner as the Secretary may by regulations provide. Congress has handed over their power of the purse to an unelected bureaucrat and has given him power to create regulations to better control us.

This means the Secretary (and his gang) can raid our accounts anytime and anyway they can envision. And as these gang members are (probably) all bankers and lawyers – woo hoo! Game on! With all the amendments and revisions, it is easy to see they add stuff to stop us peasants from getting anything for ‘free’ when they see money slipping beyond their reach.

Give the employee a vehicle to use for work! Oh no, that must be taxed! Paragraph (s) – Exemption from withholding for any vehicle fringe benefit. The wording in this paragraph (s1) is full of double negatives. Apparently, the benefit must be taxed but the employer can decide not to withhold taxes on the benefit for some reason if there was a memo involved. What?

But wait – the gang can use their superpowers to aid lobbyists. For example:

Paragraph (o)(5) – Special rule for sick pay paid pursuant to certain collective-bargaining agreements. This provision hands the taxation of sick pay for union members over to the contractual agreement made between the workers, the union and their employer. In other words, the IRS is allowing the taxation/non-taxation to be used as a bargaining chip. This is so obviously a concession to lobbyists for (probably) a union. Why do I say that? Because the Secretary and gang (probably) feel it is their sacred duty to wring out every dime from every person where possible (as bankers normally do) and this may allow workers to keep a quarter instead of just a dime.

If we paid these taxes by writing a check to the IRS instead of allowing the government to automatically raid our paychecks, would we pay more attention to the ridiculous regulations generated by this thieving gang?

Good Hearts

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The other day, I tweeted a story I saw about a smuggled baby orangutan. This, along with all the upheaval over the Mueller report, led me to realize the news has been completely hijacked by greedy, grasping politicians seeking power to use citizens as their piggy bank. This sad story about the orangutan made me wonder where all the good hearts have gone.

 

It is easy to see where the old guard congressional Democrats get their jealousy and therefore, hatred of Donald Trump and as a side effect, our country; They worked their entire life to amass their fortunes and power only to have this billionaire upstart come in and take control. Let us quit believing their only concern is the welfare of the people - for decades they've done nothing to lift people out of poverty. They dribble out handouts - just enough to keep people in their place. Inner city schools and housing are a tax $$ gobbling mess.

 

Note I said 'old guard congressional Democrats'. We now have the 'new guard'. At least the oldsters paid lip service to love of country. These new ones are only in it for the scam on the citizens. AOC actually laid out the scenario on camera (here's the link) - not even hiding the scam. I will discount this group in my quest for good hearts.

Years ago, youth staged a movement against the Viet Nam war - they didn't care which party was in charge - they wanted it to stop because of all the young men being killed in an overseas war. Over simplifying but you get my point. It took a while but it did stop. These young people had good hearts. They drove the news reports unlike today's non-stop political rally by partisan media outlets. As they drove the narrative, our congressional employees listened as they wanted our votes.

 

More recently, the Tea Party movement attempted to rein in an out of control US Government. They drove the news reports unlike today's non-stop political rally by partisan media outlets. Unfortunately they weren't strong enough to overcome the swamp. However, they did make some congressional employees listen.

 

My question is: Why are we allowing these politicians and their media pals to drive us? What is so terrible in our country today that is making people practice violence against their fellow citizens? Knocking people's hats off - come on. Our country is actually in an upswing - except for the ridiculous federal deficit and the many pot holes in our roads. These are problems we expect our congressional employees to work on - instead they campaign and fight with each other and hurt us.

 

Where are the goodhearted people who care more about orangutans than what Joe Blow Politico says today? Lets get back to expecting our congressional employees to listen to us and actually work for us instead of against us.

 

[previously posted on my old website liberalwhy.com]