Wall Street Spies on Protestors in Tax-Funded Center

The NYPD helped create a private-public security team (partially funded by taxpayers) where Wall Street firms like Goldman Sachs can spy on protesters in lower and central Manhattan.

 

Wall Street Spies on Protestors in Tax-Funded Center

The NYPD helped create a private-public security team (partially funded by taxpayers) where Wall Street firms like Goldman Sachs can spy on protesters in lower and central Manhattan.

 

Taxes: If They Do the Crime, Make Them Do the Time

Americans like to trumpet the belief that we’re a “nation of laws”. Unfortunately, our laws are unevenly enforced when enforced at all. Congress churns out dozens of laws every year, while at the same time, guaranteeing they’ll fail by not budgeting for enforcement. Tea partiers like to say that most corporate laws constitute “over-regulation”. However, one could make a reasonable case that we don’t over-regulate, we under-enforce – and a law unenforced is no law at all.

You could easily say the same for failing to pay personal taxes. There’s a burgeoning industry devoted to helping scofflaws avoid penalties for “cents on the dollar”. Apparently, assisting tax deadbeats is more profitable than chasing ambulances. Some might argue tax issues wouldn’t be a problem if the taxes were lower, but these negotiated settlements allow defendants to avoid punishment. “If you do the crime, you have to do the time (except as negotiated by Nasty, Rude, Brutish, and Short, LLP).”

America is also stuck in a swamp of economic gelatinous goo. Just to spite each other we’re cutting off everything with a nose to pass a budget that takes regular taxpayers back to government circa 1865 and pumping up the wealthy’s wealth to a tax-free 2082. Yet, here are two almost untouched revenue streams. We could take a bite out of crime and the budget by simply enforcing the laws we have.

If BP befouls the Gulf of Mexico or Exxon paints Prudhoe Bay a wonderful, multicolored rainbow sheen, let’s not negotiate a settlement for pennies on the dollar while they reap some mighty fine profits. Profits at least partly derived from the other 98 cents on the dollar you and I paid to clean up the flaming dog poop they left on our porch. And bonus – maybe they’d think twice before doing the same stupid, illegal things they did to cause the accident in the first place – a twofer that helps modify bad behavior and raise revenue at the same time.

SWEET!

And since corporations have equal to (or greater than) the rights of flesh and blood, private citizens it’s only fair we stop negotiating sweetheart deals for the proletariat too. Paying taxes is a legal obligation, not an optional thing you do only when it pays for school vouchers or Muslim extermination programs. Saying you cheated or didn’t pay your taxes because “everyone does it” is no excuse. Remember Momma’s rule, “If everyone jumped off a bridge into a Chevron-managed tar pit, would you do it too?”

Of course, these actions won’t make all the bad economics go away, but it will make the sharing of pain fairer, without taxing the rich one more penny. It’s time to stop whining about what we owe and pay up.

If they do the crime, make them do the time.

Cross posted at The Omnipotent Poobah Speaks!

 

 

 

Wall Street Tax To Pay For Public Colleges?

Ana Kasparian and Cenk Uygur talk about a proposal to charge Wall Street a financial transaction tax to pay for public college, the tax would allow students to attend public universities tuition free.

 

Wall Street Tax To Pay For Public Colleges?

Ana Kasparian and Cenk Uygur talk about a proposal to charge Wall Street a financial transaction tax to pay for public college, the tax would allow students to attend public universities tuition free.

 

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