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  #91  
Old 09-02-2007, 05:15 AM
Emperor Emperor is offline
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Join Date: Feb 2003
Location: Ron Paul \'08
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Default Re: LOL Taxaments (This is terrible...)

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Is it safe to assume that if the Congress were still Republican this would not have happened?

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This has nothing to do with Congress.

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Oh, really? Why don't you read how the US Tax Code is enacted, and then report back to me.

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It actually doesn't really have anything to do with Congress.

This change is the result of a regulation, not a change in the tax code.

Tax regulations are passed by the IRS, which is an executive agency. The Commissioner of the IRS and other employees of the agency are appointed by the president.

If Congress doesn't like a regulation that the IRS has promulgated, they can change the tax code to override it. The Court could also rule that the regulation is not a reasonable interpretation of the code. But as it is, this change was the result of executive branch action alone.

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Personally I would like to see the law that allows them to collect income tax in the first place. Didn't the Supreme Court rule that the 16th Amendment gave Congress no new taxation power?
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  #92  
Old 09-02-2007, 05:51 AM
xxThe_Lebowskixx xxThe_Lebowskixx is offline
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Join Date: Aug 2006
Location: Indeed.
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Default Re: LOL Taxaments (This is terrible...)

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I am never going to pay taxes in my life. Also. If you have like 5 million on full tilt but haven't cashed it out can you renounce your citizenship in order to not pay taxes on it? I know some rich ppl do this in other areas.

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Where do you plan on living then? Also, I believe there are laws against doing something like this. In addition, if it's already earned, then it really doesn't matter anyway.

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you have to pay taxes for ten years after you renounce your citizenship. The USA government is the most efficient criminal organization in the history of man.
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  #93  
Old 09-02-2007, 07:58 AM
jimmytrick jimmytrick is offline
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Join Date: Sep 2006
Posts: 412
Default Re: LOL Taxaments (This is terrible...)

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Online taxaments to follow next year if any online poker bills get passed in congress. The bad side of legalizing online poker. Might be better to not support PPA anymore lol.

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I think about this all the time.
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  #94  
Old 09-02-2007, 10:20 PM
Mothercanuck Mothercanuck is offline
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Join Date: Dec 2006
Location: Montreal
Posts: 567
Default Re: LOL Taxaments (This is terrible...)

go Canada! your gov'nment is TERRIBLE! money grubbers
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  #95  
Old 09-03-2007, 12:04 AM
coordi coordi is offline
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Default Re: LOL Taxaments (This is terrible...)

ownt
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