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Secret_Agent_Man 09-19-2005 11:44 AM

Nail in the Credibility Coffin
 
Quote:

Originally posted by sgtclub
Cindy Sheehan on GWB:
  • George Bush needs to stop talking, admit the mistakes of his all around failed administration, pull our troops out of occupied New Orleans and Iraq, and excuse his self from power.

http://www.huffingtonpost.com/cindy-...or_b_7433.html
Well, excuuuuse me!

Geez.

S_A_M

P.S. FREE NEW ORLEANS!

sgtclub 09-19-2005 11:45 AM

the goron legacy
 
Quote:

Originally posted by Hank Chinaski
Germany back in line. North Korea lining up, although I'm sure someone here will post some blog that shows we would have been better off if we had followed the Carter plan. The only rouge nation left is Iran, oh and France.
And Aphganistan elected legislatures.

futbol fan 09-19-2005 11:54 AM

the goron legacy
 
Quote:

Originally posted by Hank Chinaski
rouge nation . . . France.
This is your best material.

Secret_Agent_Man 09-19-2005 12:02 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Spanky
I have two questions (1 and 2a or 1 and 2b) for the people that supported the war in Afghanistan but not the war in Iraq.


1) If the Taliban were not connected with Al Queda would it have been morally justifiable for the United States to invade and take over Afghanistan?

2a) If no, how badly does a government have to abuse its people before another country has the moral right to invade and take it over?

2b) If yes, what makes Afghanistan under the Taliban so much worse than Iraq under Saddam Hussein?
Not that I fall into this category -- because I supported the invasion of Iraq until it became clear that the administration was dead wrong about WMDs -- but here are my answers. Keep in mind that any answers to your questions are pretty subjective:

(1) Nope.

(2) About the level of Pol Pot in Cambodia; Idi Amin in Uganda; the Tutsis in Rwanda; and/or Hitler in Germany.

In my view -- we really don't generally have a "moral right" to invade a nation, and in so doing kill many people -- on the premise that we are probably saving more lives from a largely different set of the population.

In my view, a "moral right" to invade kicks in as the situation approaches genocide.


So, much as I dislike Penske's pal Chavez, and disliked Hussein -- I would not have assigned us a "moral right" to invade those countries. Now, that doesn't mean I wouldn't try to knock the governments over -- but I wouldn't claim I had a "moral right" to do so.

S_A_M

P.S. Did y'all see the Broder column and the WaPo editorial yesterday -- both urging a swift confirmation for Roberts? Both said he's as good a candidate as the Dems could possibly hope for from Bush, and ridiculously well-qualified.

Efs and to add:

P.P.S. Hank -- tell me how this proposed deal with N. Korea is all that much different from what Clinton did in 1993?

notcasesensitive 09-19-2005 12:14 PM

Question for People against the War in Iraq
 
Ok. I'll play. Though I don't have all day to debate you on this. I feel this disclaimer is a prerequisite to entering into any sort of Spanky-driven discussion.

Quote:

Originally posted by Spanky
1) If the Taliban were not connected with Al Queda would it have been morally justifiable for the United States to invade and take over Afghanistan?
no.

Quote:

2a) If no, how badly does a government have to abuse its people before another country has the moral right to invade and take it over?
"moral right"? I don't even know what this means. is it worth the loss of a lot of American lives to educate people in far off lands about how much better our system of handling things is and why they should want to be like us? I don't think that our role is to be policeman to the world. you do. what's to discuss?

Hank Chinaski 09-19-2005 01:23 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by notcasesensitive
Ok. I'll play. Though I don't have all day to debate you on this. I feel this disclaimer is a prerequisite to entering into any sort of Spanky-driven discussion.

no.

"moral right"? I don't even know what this means. is it worth the loss of a lot of American lives to educate people in far off lands about how much better our system of handling things is and why they should want to be like us? I don't think that our role is to be policeman to the world. you do. what's to discuss?
I don't think he wanted girls to answer.

Penske_Account 09-19-2005 01:33 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Secret_Agent_Man

So, much as I dislike Penske's pal Chavez,
the babyjesus was not beloved in his day either.

Quote:

Originally posted by Secret_Agent_Man

P.S. Did y'all see the Broder column and the WaPo editorial yesterday -- both urging a swift confirmation for Roberts? Both said he's as good a candidate as the Dems could possibly hope for from Bush, and ridiculously well-qualified.
And the NYTimes, in an effourt to maintain its position as the paper of record of the delusionally looney left, gave him a thumbs down. I'm sure Schumer, Kennedy and Biden had a little circle jerk-off while reading that one to each other.

In fairness, perhaps the Times outsourced that editorial to Jayson Blair.

Shape Shifter 09-19-2005 01:44 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Penske_Account
I've been in revolt for years against ignominy, against injustice, against inequality, against immorality, against the exploitation of human beings.

One of the greatest rebels, who I really admire: the babyjesusChrist. He was a rebel. He ended up being crucified.....He rebelled against the established power that subjugated. That is what rebellion is; it's rebellion out of love for human beings. In truth, that is the cause, the cause of love..........–Hugo Chavez, September 16, 2005
Please fix this so I am not forced to turn off signatures altogether.

SlaveNoMore 09-19-2005 01:50 PM

they want us to die
 
Quote:

while
http://img189.imageshack.us/img189/2169/fl4se.jpg


The Associated Press caption accompanying the image with a black person says he's just finished "looting" a grocery store. The AFP/Getty Images caption describes lighter skinned people "finding" bread and soda from a grocery store. No stores are open to sell these goods.



New Orleans, Sept. 1, 2005 - It's criminal. From what you're hearing, the people trapped in New Orleans are nothing but looters. We're told we should be more "neighborly." But nobody talked about being neighborly until after the people who could afford to leave … left


There are gangs of white vigilantes near here riding around in pickup trucks, all of them armed, and any young Black they see who they figure doesn't belong in their community, they shoot him.


But nobody cares. They're just lawless looters ... dangerous


The hurricane hit at the end of the month, the time when poor people are most vulnerable. Food stamps don't buy enough but for about three weeks of the month, and by the end of the month everyone runs out. Now they have no way to get their food stamps or any money, so they just have to take what they can to survive.


Every day countless volunteers are trying to help, but they're turned back. Almost all the rescue that's been done has been done by volunteers anyway.


here is the real truth, they were watching our in need of help Americans die and suffer because they are afraid of us African Americans and other poor races & it make me mad because these scum just are sitting around while people die and it is sick.


they can't even take care of our affairs here in America, how are they going to help other country's when this place is a hell hole. It made me sick to see Veterans dying and they fault for this country like my dad, & my step brother is now fighting in Iraq & even he called me & said that he feels ashamed & appalled at what he has saw this week from our fake country


I moved this post from the Texas board to here, where it is more appropriate. RT
These photos and captions have been tossed about for weeks. Here's what Snopes has to say on it:

"Origins: Looting is an unfortunate and largely inevitable result of large-scale disasters. Many property owners have to evacuate their homes and businesses ahead of the coming disaster (or flee the area in its aftermath) without leaving behind anyone to protect their property, and law enforcement and other emergency services are generally so overwhelmed dealing with life-and-death issues that they can't spare the manpower to protect private property. People who are caught unprepared (or remain in the disaster area for other reasons) often have to shift into survival mode and take whatever supplies they can get wherever they can find them, and there are always a few who will take advantage of confusion and chaos to make off with other people's property for their own enrichment.

The onslaught of Hurricane Katrina in the Gulf Coast in late August 2005 brought the phenomenon of looting into the national spotlight once again, including the two new service photographs shown above, both of which were carried by Yahoo! News and other Internet news outlets and showed persons wading through chest-deep water in the New Orleans area with supplies taken from grocery stores. Many viewers noticed the seeming disparity of the darker-skinned subject's being described in the accompanying caption as "looting a grocery store," while the lighter-skinned subjects were described as "finding bread and soda from a local grocery store."

Are these captions evidence of a subtle (or overt) racial prejudice in the news media?

It's difficult to draw any substantiated conclusions from these photographs' captions. Although they were both carried by many news outlets, they were taken by two different photographers and came from two different services, Associated Press (AP) and Getty Images via Agence France-Presse (AFP). These services may have different stylistic standards for how they caption photographs, or the dissimilar wordings may have been due to nothing more than the preferences of different photographers and editors, or the difference might be the coincidental result of a desire to avoid repetitive wording (similar photographs from the same news services variously describe the depicted actions as "looting," "raiding," "taking," "finding," and "making off"). The viewer also isn't privy to the contexts in which the photographs were taken — it's possible that in one case the photographer actually saw his subject exiting an unattended grocery store with an armful of goods, while in the other case the photographer came upon his subjects with supplies in hand and could only make assumptions about how they obtained them.

A Salon article on the photographs by Aaron Kinney suggests the captions were a result of a combination of contexual and stylistic differences:

Jack Stokes, AP's director of media relations, confirmed today that [photographer Dave] Martin says he witnessed the people in his images looting a grocery store. "He saw the person go into the shop and take the goods," Stokes said, "and that's why he wrote 'looting' in the caption."

Regarding the AFP/Getty "finding" photo by [photographer Chris] Graythen, Getty spokeswoman Bridget Russel said, "This is obviously a big tragedy down there, so we're being careful with how we credit these photos." Russel said that Graythen had discussed the image in question with his editor and that if Graythen didn't witness the two people in the image in the act of looting, then he couldn't say they were looting.

The photographer who took the Getty/AFP picture, Chris Graythen, also posted the reasons behind his caption:
I wrote the caption about the two people who 'found' the items. I believed in my opinion, that they did simply find them, and not 'looted' them in the definition of the word. The people were swimming in chest deep water, and there were other people in the water, both white and black. I looked for the best picture. there were a million items floating in the water — we were right near a grocery store that had 5+ feet of water in it. it had no doors. the water was moving, and the stuff was floating away. These people were not ducking into a store and busting down windows to get electronics. They picked up bread and cokes that were floating in the water. They would have floated away anyhow"

http://www.snopes.com/katrina/photos/looters.asp

ETA - this post should be debunked, too. It can be found here, here, here, here, here [you get the idea]

Ty@50 09-19-2005 01:52 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Shape Shifter
Please fix this so I am not forced to turn off signatures altogether.
Unless I'm mistaken, and off a few months, Penske gets kicked off the board in late January. Can't you just gut it out?

Tyrone Slothrop 09-19-2005 02:02 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Ty@50
Unless I'm mistaken, and off a few months, Penske gets kicked off the board in late January. Can't you just gut it out?
If I've learned anything from this sock, it's that I grow old after a while.

Hank Chinaski 09-19-2005 02:07 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Secret_Agent_Man
P.P.S. Hank -- tell me how this proposed deal with N. Korea is all that much different from what Clinton did in 1993?
clinton gave NK two light water reactors, current deal explicitely refuses to do so.

Hank Chinaski 09-19-2005 02:08 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Tyrone Slothrop
If I've learned anything from this sock, it's that I grow old after a while.
Often we're the last to know when we've become tired. Maybe you and @50 can both take a break?

Penske_Account 09-19-2005 02:12 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Shape Shifter
Please fix this so I am not forced to turn off signatures altogether.
I will call Chavez and pray to the babyjesus and let you our decision.

Tyrone Slothrop 09-19-2005 02:22 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Hank Chinaski
Often we're the last to know when we've become tired. Maybe you and @50 can both take a break?
If you'll retire that sock, I'll disappear for a while.

Shape Shifter 09-19-2005 02:23 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Penske_Account
I will call Chavez and pray to the babyjesus and let you our decision.
Next k is all yours.

nononono 09-19-2005 02:26 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Tyrone Slothrop
If you'll retire that sock, I'll disappear for a while.
Can we have a vote? I like that sock.

Captain 09-19-2005 02:30 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Spanky
I have two questions (1 and 2a or 1 and 2b) for the people that supported the war in Afghanistan but not the war in Iraq.


1) If the Taliban were not connected with Al Queda would it have been morally justifiable for the United States to invade and take over Afghanistan?

2a) If no, how badly does a government have to abuse its people before another country has the moral right to invade and take it over?

2b) If yes, what makes Afghanistan under the Taliban so much worse than Iraq under Saddam Hussein?
I did not realize we invaded Afghanistan; I thought we simply bombed the country sufficiently so that the Northern Alliance would handily win their war. However, this is an area where I think an important distinction is whether the behavior has become sufficient disturbing so that there is substantial international support for interfering. A single country should never serve as the sole moral arbiter for the world; if it does, I would expect that moral position to very quickly begin to show bias due to self-interest or a limited perspective. This is really simply human.

I think there are a number of situations that have met this standard, perhaps the most obvious one where no invasion occurred being South Africa. I am wary to say that, for example, the condition of women in Afghanistan can justify invasion; though genocidal attacks on the Kurds may well have justified an invasion of Iraq in the 1990s (but less so when the invasion actually did occur).

But if we are to posit that invasion by us is justified because of our views of the radical Islamic culture, I believe we have handed moral justification, at least at an intellectual level, to the anti-Israel forces in the Middle East, among others.

Hank Chinaski 09-19-2005 02:30 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Tyrone Slothrop
If you'll retire that sock, I'll disappear for a while.
If you're implying that i control the sock- I'm offended, either by the falsehood, or the outing of the sock. Take your pick.

Penske, how does one join the insurgency?

Penske_Account 09-19-2005 02:42 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Shape Shifter
Next k is all yours.
Merci.

Hank Chinaski 09-19-2005 02:47 PM

More Bush admin meddling into the affairs of the UN
 
http://www.foxnews.com/story/0,2933,168591,00.html
  • The U.N.'s Spreading Bribery Scandal: Russian Ties and Global Reach

    NEW YORK — How widespread is the corruption at the United Nations? The multibillion-dollar Iraq Oil-for-Food (search) scandal was just the beginning.

    Now the issue is becoming the scale of corruption in the U.N.'s normal operations — and which individuals and corporations are reaping the benefits of a network of bribery and conspiracy that investigators have just begun to uncover. So far, those identities are still a mystery — but perhaps not for much longer.

    Last Friday, federal prosecutors in Manhattan indicted the head of the U.N.'s own budget oversight committee, a Russian named Vladimir Kuznetsov (search), on charges of laundering hundreds of thousands of dollars worth of bribes paid by companies seeking contracts with the United Nations.

    Kuznetsov, who has pleaded innocent, allegedly took a cut so openly that he had part of it deposited into the United Nations' own staff credit union in New York.

    Kuznetsov's arrest is the latest twist in the scandal involving the U.N. procurement department, which was the longtime post of Alexander Yakovlev (search), another Russian U.N. official recently fingered by U.S. federal investigators.

Penske_Account 09-19-2005 02:49 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Hank Chinaski
If you're implying that i control the sock- I'm offended, either by the falsehood, or the outing of the sock. Take your pick.

Penske, how does one join the insurgency?
Confidential to Hank:

Slave's Kitchen, the night of the next full moon. Knock three times and whisper "let's ride bikes".

And remember to shave before you arrive, the hurrishave is frowned upon.

Penske_Account 09-19-2005 02:50 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by nononono
Can we have a vote? I like that sock.
2. Although the warping of the time/space continuum concerns me.

taxwonk 09-19-2005 03:01 PM

Penalizing the Cops
 
Quote:

Originally posted by Penske_Account
We should do away with the tax code. A simple flat tax at a set level, no deductions, no credits, no government induced market warping incentives or disincentives, no nothing. A 1 page filing:

Dear Secretary of the Treasury:

My SSN is xx-xx-xxxx. I made $x last year.

Attached is a check for $y, representing my tax obligation of z%.

Spend it wisely or else!!!

Sincerely,

Jack Taxpayer


I pray for President Bush to have the fortitude to lead us to such a promised land.
As long as the "X" in "I made X" includes dividends, capital gains, etc. (by which I mean all accessions to wealth) I'm game. I can change my practice area overnight.

Penske_Account 09-19-2005 03:02 PM

Penalizing the Cops
 
Quote:

Originally posted by taxwonk
As long as the "X" in "I made X" includes dividends, capital gains, etc. (by which I mean all accessions to wealth) I'm game. I can change my practice area overnight.
No dividends. Capgains yes.

taxwonk 09-19-2005 03:04 PM

Penalizing the Cops
 
Quote:

Originally posted by Penske_Account
No double taxation, so dividends are out. Alimony is out. Your others are mainly mostly in.
How do you figure dividends are out? Same with alimony? They aren't taxed twice, except in the sense that all money is taxed in the hands of a different taxpayer.

taxwonk 09-19-2005 03:05 PM

Penalizing the Cops
 
Quote:

Originally posted by Hank Chinaski
Or say if you are an up and coming politico, and some rich guys let you rob a futures market account to bribe you, and to set you up for a run at National office- would those illegal proceeds be taxed?
Why not? All the disguised bribes paid to Bush I and II, Clinton, Kennedy, Nixon, etc. were taxable. I see no reason to stop now.

taxwonk 09-19-2005 03:08 PM

Penalizing the Cops
 
Quote:

Originally posted by Penske_Account
This hypo sounds far-fetched, I am not sure it could ever happen irl. Isn't more likely that a first time investor could just get lucky and make outsized profits in a very short period in the complex world of the commodities markets, cash out on a high and then never trade in such instruments again? The latter seems more like the common fact pattern to me.
I'm fairly certain that in the political world, a former hot-shot ex=President or former Secretary or other adminstration insider would stay away from risky things like commodities in the future and go with sure-fire investments like laundering money for the Saudis through the Carlyle Group, or hitting the lecture circuit at $50 grand a pop. Why risk your money in futures when folks are falling all over themselves to hand it to you risk-free?

Penske_Account 09-19-2005 03:10 PM

Penalizing the Cops
 
Quote:

Originally posted by taxwonk
How do you figure dividends are out? Same with alimony? They aren't taxed twice, except in the sense that all money is taxed in the hands of a different taxpayer.
These two are blatant double taxations. Why do want more tax? How about less tax and more efficient application?

As a side note: technically I am against alimony as a concept, so, since we are in a la la land anyway, let's assume alimony is outlawed in the Flat Tax Reform Bill.

Penske_Account 09-19-2005 03:14 PM

Penalizing the Cops
 
Quote:

Originally posted by taxwonk
I'm fairly certain that in the political world, a former hot-shot ex=President or former Secretary or other adminstration insider would stay away from risky things like commodities in the future and go with sure-fire investments like laundering money for the Saudis through the Carlyle Group, or hitting the lecture circuit at $50 grand a pop. Why risk your money in futures when folks are falling all over themselves to hand it to you risk-free?
the difference is setting someone up with cushy lobbying gigs or speech circuits is different than cooking the books such that one client's commodity trading account takes a hit to funnel cash to another more preferred client's account. Why not make insider trading legal too then? (which, actually, I am in favour of).

Why isn't that no one on the left can ever criticise the Clintons blatantly illegal behaviour? Sad.

taxwonk 09-19-2005 03:17 PM

Penalizing the Cops
 
Quote:

Originally posted by Penske_Account
These two are blatant double taxations. Why do want more tax? How about less tax and more efficient application?

As a side note: technically I am against alimony as a concept, so, since we are in a la la land anyway, let's assume alimony is outlawed in the Flat Tax Reform Bill.
Dividends are only double taxation if you accept the argument that they should not be taxed at both the corporate and shareholder level. If corporations can no longer deduct wages, why should they, in effect, be able to deduct dividends? Either everything gets taxed in each taxpayer's hands, or nothing gets taxed in each taxpayer's hands.

Replaced_Texan 09-19-2005 03:22 PM

We're doomed
 
I have been planning my evacuation from this part of the state for months now, but the mayor of Galveston just issued a voluntary evacuation notice in preparation for (what soon will be) Hurricane Rita.

While I have personal reasons for ya'll's prayers that this bitch veers left towards Corpus or Brownsville, I'm hoping your self-interest will kick in and you'll realize that the majority of the refineries in the nation that weren't taken out by Katrina are in the possible trajectory of Rita.

Maybe, after hurricane season is over, assuming we all survive it, we should start thinking about other places to put our oil refineries?

ETfix unnecessary capitalization.

taxwonk 09-19-2005 03:22 PM

Penalizing the Cops
 
Quote:

Originally posted by Penske_Account
the difference is setting someone up with cushy lobbying gigs or speech circuits is different than cooking the books such that one client's commodity trading account takes a hit to funnel cash to another more preferred client's account. Why not make insider trading legal too then? (which, actually, I am in favour of).

Why isn't that no one on the left can ever criticise the Clintons blatantly illegal behaviour? Sad.
I'm not trying to defend the Clinton's behavior. I'm simply suggesting that the futures account scheme was no different ethically or morally (and I can't comment on legality only because we don't have the facts) than the special allocations Bush I and Jim Baker get from the Carlyle Group or the special allocations Bush II got from the Rangers limited partnership.

In each case the same thing happens: the favored party gets a distribution of cash, and someone looking to buy influence takes the economic hit.

Either way, gov't is for sale on both sides of the aisle and it's only the public that gets fucked.

Captain 09-19-2005 03:23 PM

Penalizing the Cops
 
Quote:

Originally posted by taxwonk
Dividends are only double taxation if you accept the argument that they should not be taxed at both the corporate and shareholder level. If corporations can no longer deduct wages, why should they, in effect, be able to deduct dividends? Either everything gets taxed in each taxpayer's hands, or nothing gets taxed in each taxpayer's hands.
Isn't the question here more fundamental than a tax question? The government has determined that it has the power to establish separate entities, whether they are corporations, partnerships or limited liability companies, and bestow them with special privileges. These special privileges benefit those who invest, whether by limiting their liability or providing them with the ability to sell interests in a market as a mere investment, and the question is, should there be any payment for these privileges?

The battle over whether incorporation would be available to all or a privilege only for the established few was one of the big battles fought by Jacksonian Democrats, but I think they would be horrified at the idea that people could avail themselves of the privilege of incorporation without any benefit accruing to the public. Casting this as a "double taxation" issue seems to assume an inalienable right to incorporate.

SlaveNoMore 09-19-2005 03:27 PM

We're doomed
 
Quote:

Replaced_Texan
I have been planning my evacuation from this part of the state for months now, but the mayor of Galveston just issued a voluntary evacuation notice in preparation for (what soon will be) Hurricane Rita.

While I have personal reasons for ya'll's prayers that this bitch veers left towards Corpus or Brownsville, I'm hoping your self-interest will kick in and you'll realize that the majority of the refineries in the nation that weren't taken out by Katrina are in the possible trajectory of Rita.

Maybe, after Hurricane season is over, assuming we all survive it, we should start thinking about other places to put our oil refineries?
ANWR?

ltl/fb 09-19-2005 03:34 PM

We're doomed
 
Quote:

Originally posted by SlaveNoMore
ANWR?
I vote for the colonies.

Shape Shifter 09-19-2005 03:44 PM

Question for People against the War in Iraq
 
Quote:

Originally posted by Hank Chinaski
If you're implying that i control the sock- I'm offended, either by the falsehood, or the outing of the sock. Take your pick.

Penske, how does one join the insurgency?
Know any photoshopping Jewesses?

taxwonk 09-19-2005 04:42 PM

Penalizing the Cops
 
Quote:

Originally posted by Captain
Isn't the question here more fundamental than a tax question? The government has determined that it has the power to establish separate entities, whether they are corporations, partnerships or limited liability companies, and bestow them with special privileges. These special privileges benefit those who invest, whether by limiting their liability or providing them with the ability to sell interests in a market as a mere investment, and the question is, should there be any payment for these privileges?

The battle over whether incorporation would be available to all or a privilege only for the established few was one of the big battles fought by Jacksonian Democrats, but I think they would be horrified at the idea that people could avail themselves of the privilege of incorporation without any benefit accruing to the public. Casting this as a "double taxation" issue seems to assume an inalienable right to incorporate.
I've made that point many times in the past on this board. Unfortunately, it seems to be beyond the ken of many of the posters, and disingenuously overlooked by many others.

In any event, you've picked one of very few posters to make that point who can honestly say you're preaching to the choir.

sgtclub 09-19-2005 04:50 PM

Penalizing the Cops
 
Quote:

Originally posted by Captain
Isn't the question here more fundamental than a tax question? The government has determined that it has the power to establish separate entities, whether they are corporations, partnerships or limited liability companies, and bestow them with special privileges. These special privileges benefit those who invest, whether by limiting their liability or providing them with the ability to sell interests in a market as a mere investment, and the question is, should there be any payment for these privileges?

The battle over whether incorporation would be available to all or a privilege only for the established few was one of the big battles fought by Jacksonian Democrats, but I think they would be horrified at the idea that people could avail themselves of the privilege of incorporation without any benefit accruing to the public. Casting this as a "double taxation" issue seems to assume an inalienable right to incorporate.
The question is not whether the government has the power to tax this income, but rather, whether it should. The only way this cannot be viewed as double taxation is if you really view the corporation separate and apart from its owners. The corporation (or other entity) pays a tax on its income. But really, the individual owners of the corporation are each paying a portion of that tax based on their percentage ownership. When the owners also pay a tax on the amounts that are dividended up, it is a second tax on the same income.

Wonk, I know you are in favor of the dividend tax, but are you really taking the position it is not double taxation?

Captain 09-19-2005 04:50 PM

Penalizing the Cops
 
Quote:

Originally posted by taxwonk
I've made that point many times in the past on this board. Unfortunately, it seems to be beyond the ken of many of the posters, and disingenuously overlooked by many others.

In any event, you've picked one of very few posters to make that point who can honestly say you're preaching to the choir.
Well, perhaps someone else would like to explain why it is "double" taxation to expect an entity that has taken great pains to become "separate" and a distinct "corpus" to be treated as a separate distinct corpus for tax purposes?

To me, the double tax argument seems to be a rephrasing of having one's cake and eating it, too.


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