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Tell Me Again... Which Of These Nations Is Communist?

Tyler Durden's picture


Via Simon Black of Sovereign Man blog,

Tax policy really tells you a lot about a government... what politicians’ values and priorities are. People can SAY anything, but in a way, tax policy is putting their money where their mouths are.

For example, politicians like to talk about technology, efficiency and transparency. But just take a look at the tax code to see where they really stand. Estonia’s Taxation Act of 2002, which form the preponderance of that country’s tax code, is 43,370 words.

In Canada, the tax code is close to 1 million words. And in the US, the tax code is so daunting that simply the INSTRUCTIONS for form 1040 shatter the record books at 178,096 words… over four times the entirety of Estonia’s tax code.

US tax code is so massive, in fact, that the Government Printing Office charges $1,028 just to print a copy of it!

And for most taxpayers, it’s still virtually impossible to file online. It’s 2012 already, yet taxpayers in most ‘advanced’ western nations still have to carry around reams of paper as if we’re still using the telegraph.

Then there are the rates themselves. In places like France, Belgium, and Germany where the government confiscates the majority of what people earn, the message those governments are sending is quite clear: citizens are nothing more than dairy cows for the government to milk.

As I wrote yesterday, tax rates across the board in the United States are set to increase dramatically in 2013. For example, if you happen to kick the bucket on or before December 31st, the government will charge a 35% tax on the value of your estate that exceeds $5 million.

If you happen to kick the bucket on January 1st, however, the tax goes up to 55%, and the exemption goes down to $1 million.

Moreover, this exemption is not indexed to inflation. Which means that the more Ben Bernanke prints, and the more asset prices become inflated, the more people will fall into this category.

Again, the message they’re sending is quite clear– citizens, even in death, are dairy cows for the government to milk.

Perhaps most shocking is increase in dividend tax rates, set to rise from 15% to as high as 43.4%. Individuals who start productive businesses are being heavily penalized. Individuals who save their money and put it to work investing in other people’s businesses are being heavily penalized. This says a lot about government values.

Ironically, the new government of the People’s Republic of China has decided the REDUCE their tax on dividends. Years ago it was 20%, then dropped to 10% in 2005. Effective January 1st, though, the dividend tax rate in China will drop to a mere 5%.


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Tue, 11/20/2012 - 16:56 | 2999883 Catch-22
Catch-22's picture

Was ZH scrubbed last week, overnight, when war broke out… or just a fluke? Someone?


Tue, 11/20/2012 - 17:03 | 2999898 Pladizow
Pladizow's picture
  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.
  4. Confiscation of the property of all emigrants and rebels.
  5. Centralisation of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.
  6. Centralisation of the means of communication and transport in the hands of the State.
  7. Extension of factories and instruments of production owned by the State; the bringing into cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan.
  8. Equal liability of all to labour. Establishment of industrial armies, especially for agriculture.
  9. Combination of agriculture with manufacturing industries; gradual abolition of the distinction between town and country, by a more equitable distribution of the population over the country.
  10. Free education for all children in public schools. Abolition of children's factory labour in its present form. Combination of education with industrial product
  11. Sound like America?

    These are actually the 10 Conditions For Transition To Communism according to the Communist Manifesto writen by Karl Marx in 1848.

Tue, 11/20/2012 - 17:09 | 2999912 economics9698
economics9698's picture

The Jews need it and we goyims are there to serve.  We all need to worship the Jew bible (communist manifesto).

Tue, 11/20/2012 - 17:28 | 2999966 flacon
flacon's picture

When things slump the government panics and makes a bad situation worse, then the government panics some more and makes it even worse. Repeat. 

Tue, 11/20/2012 - 17:37 | 2999996 ZerOhead
ZerOhead's picture

Perhaps most shocking is increase in dividend tax rates, set to rise from 15% to as high as 43.4%. Individuals who start productive businesses are being heavily penalized.

I'll bet Mitt was ready to have a bowel movement in his pants until he read the second sentence.

Tue, 11/20/2012 - 17:57 | 3000062 A Lunatic
Tue, 11/20/2012 - 20:02 | 3000371 Popo
Popo's picture

America is the only nation in the world to tax it's expats. Think about that. You can leave, and have zero benefits from your government and yet because of your nationality, wherever you go you will be a tax-serf. The reality is you are OWNED by the government and you cannot escape from slavery. Wherever you go they will take a percentage of your labor,


To be an American is to forever be a serf of the government, and to be bound to pay your tithe no matter where you go -- even if you LEAVE.

And it gets worse -- even if you give up your passport, you STILL have to pay taxes and the USA has international agreements with other nations to enforce that policy. So you can live abroad for 15 years, then give up your passport and 9 years after that STILL be paying taxes. Why? Because you are PROPERTY.


Not ridiculous enough yet? Under Obamacare, as an expat you MUST pay for the care. Except, you cannot actually *get* the care. So expats pay a massive healthcare tax and don't actually get the healthcare.

Al of this proves that Americans are serfs. And it also proves that Simon Black's premise that "it's better out there" is complete BS.

Until these laws get changed, Americans abroad get the worst deal on Earth -- quite literally. It sucks, but its true.

Tue, 11/20/2012 - 20:08 | 3000400 blunderdog
blunderdog's picture

OK, ok, let's take for granted that the USA is the worst place on Earth for a minute...

Why don't you just marry a foreigner and renounce citizenship already?  Seriously.  Hell, there are a lot of places you might even be able to apply for some kind of refugee status.  The world is so chock-full of great places to live that this should be a no-brainer.

Tue, 11/20/2012 - 21:23 | 3000648 Popo
Popo's picture

Because renouncing citizenship doesn't absolve US citizens of tax obligations for 10 years. Your comment sounds eminently reasonable. Unfortunately the IRS is not.

Tue, 11/20/2012 - 22:03 | 3000773 OpenThePodBayDoorHAL
OpenThePodBayDoorHAL's picture

Not accurate. You can file form 8854 and if you have assets of less than approx $2 million, off you go.

Wed, 11/21/2012 - 11:18 | 3001920 Kobe Beef
Kobe Beef's picture

Thus all the boating accidents & catastrophic loss of assets these days. So before you expatriate, tip the canoe, bitchez.

Wed, 11/21/2012 - 10:13 | 3001708 blunderdog
blunderdog's picture

As a non-citizen in another country, even if what you say is completely accurate, ENFORCEMENT would be a major issue for them. 

I guess maybe it's better just to stay in the worst place on Earth.  What would you have to complain about if you did something to solve your problem?


Wed, 11/21/2012 - 06:20 | 3001393 Lord Koos
Lord Koos's picture

Maybe move to China, it's a great place to live because, uh, they don't tax dividends as much.  Of course that will be more than made up by the amount you'll have to pay in bribes.

Tue, 11/20/2012 - 17:41 | 3000014 BraveSirRobin
BraveSirRobin's picture

"The Jews need it and we goyims are there to serve. We all need to worship the Jew bible (communist manifesto)."

Do you walk around in your SS uniform all day, or only during normal working hours?

Tue, 11/20/2012 - 17:52 | 3000044 gezza65
gezza65's picture

"The Jews are called human beings, but the non-Jews are not humans. They are beasts."
Talmud: Baba mezia, 114b

"The souls of non-Jews come from impure sprits and are called pigs."
Jalkut Rubeni gadol 12b

"Although the non-Jew has the same body structure as the Jew, they compare with the Jew like a monkey to a human."
Schene luchoth haberith, p. 250 b

"It is permitted to take the body and the life of a Gentile."
Sepher ikkarim III c 25



Tue, 11/20/2012 - 20:06 | 3000396 Popo
Popo's picture

LOL. Do you know what you're quoting?????

Tue, 11/20/2012 - 17:44 | 3000028 CH1
CH1's picture

Fucking troll.

Tue, 11/20/2012 - 17:29 | 2999968 Buckaroo Banzai
Buckaroo Banzai's picture

Let's see how the Commies are doing, according to their own checklist.

1. Abolition of property in land-- DONE. Allodial title is the sole province of the Federal Gov't. Virtually all other land is subject to rent payable to Local or State gov'ts (aka Property Tax).

2. DONE.

3. Working on this one.

3. Confiscation of the property of all emigrants and rebels-- DONE. Forfeiture laws ensure that if government even suspects you of a crime, they can seize your property without trial. Even if you later prove yourself innocent, they never have to return the seized property.

5. DONE.

6. With respect to Transport-- DONE. The common-law concept of the Right To Travel on the public highways and public common carriers has been completely overturned by turning this Right into a Privilege. (Driver's Licensing for non-commercial drivers, and the TSA). The only way you can travel in an unregulated fashion is by walking. With respect to Communication-- Working on this one. Almost done. The internet combined with the Patriot Act and similar legislation have almost put this one in the bag.

7. DONE. The solution was extremely elegant. We turned it all over to the Communist Chinese.

8. Working on this one, as soon as the middle class is destroyed, this will be a reality.

9. This one has been obsoleted by the internet. See point 6.

10. DONE.

Tue, 11/20/2012 - 18:45 | 3000200 lakecity55
lakecity55's picture

I see a lot of Agenda 21 in there.


So obvious the PTB are creating a synthetic combination of communism, and capitalism resulting in a neo-fascist World Order with them at the top and us on bottom.

I used to laugh at the conspiracy dudes, but at 60, no longer. I've seen too much.


I don't beleive they are "annunaki" or some other aliens. They are just plain Evil. If they have a Boss, it's Satan.

Tue, 11/20/2012 - 18:55 | 3000224 blunderdog
blunderdog's picture

Weeeelll, except for #10, no, it doesn't sound ANYTHING like America, actually.

But hey, maybe you could start a campaign to bring back child labor if it's one of those things that's so important to you.

It's a free country.  Heh.

Tue, 11/20/2012 - 18:56 | 3000226 Slightly Insane
Slightly Insane's picture

Pladizow ... you forgot one;

a) Tax everything into OBLIVION.  (Disincentivize hard work, savings, pragmatic life style, and corrupt everything that is good and moral).

Quit feeding the beast.

Wed, 11/21/2012 - 06:24 | 3001394 Lord Koos
Lord Koos's picture

Individual and corporate federal taxe rates are the lowest they've been for 7 decades or so, yet the incessant whining and bitching about taxes is at an all-time high. What's up with that?

Have asked this question a few times on ZH but never get an answer.

Wed, 11/21/2012 - 13:03 | 3002313 Abaco
Abaco's picture

Your claim is BS.

In addition to the rates being lower more things were deductible.


Tue, 11/20/2012 - 17:01 | 2999888 Long-John-Silver
Long-John-Silver's picture


Tue, 11/20/2012 - 17:00 | 2999890 digitlman
digitlman's picture

"And for most taxpayers, it’s still virtually impossible to file online"

Been doing this for 5 years.   That statement is horseshit.

Tue, 11/20/2012 - 17:59 | 3000069 Buckaroo Banzai
Buckaroo Banzai's picture

Why the fuck would you want to. Do NOTHING to make it easier for them to confiscate your income.

Tue, 11/20/2012 - 17:05 | 2999901 topspinslicer
topspinslicer's picture

it's the USSA aka Obamanation of course

Tue, 11/20/2012 - 17:13 | 2999926 surf0766
surf0766's picture

It's his will of course.

Tue, 11/20/2012 - 17:05 | 2999903 Toolshed
Toolshed's picture

So I guess this means Simon is learning Mandarin?

Tue, 11/20/2012 - 17:12 | 2999905 dwdollar
dwdollar's picture

Market don't care. Market don't give a shit. Market just rallies when it wants because American men no longer know how to produce. Instead they bet against Goldman with 100-to-1 odds all day and pretend like they're smart while they're taken to the cleaners.

Tue, 11/20/2012 - 17:46 | 2999990 GoinFawr
GoinFawr's picture or


OT, but one more for my own amusement: 

(I've yet to meet an engineer without one)


Tue, 11/20/2012 - 18:37 | 3000177 Optimusprime
Optimusprime's picture


Tue, 11/20/2012 - 17:07 | 2999907 Cognitive Dissonance
Cognitive Dissonance's picture

Silly Simon.

If the tax code were simple what kind of leverage and influence would the politicians have to sell?

Tue, 11/20/2012 - 17:34 | 2999988 ZerOhead
ZerOhead's picture

And simplification could lead to homeless tax consultants, accountants and lawyers...

Tue, 11/20/2012 - 17:42 | 3000021 Dr. Richard Head
Dr. Richard Head's picture

Oh the whores....I mean the horror. 

Tue, 11/20/2012 - 17:45 | 3000032 GoinFawr
GoinFawr's picture

oh the hors d'oeuvres

Tue, 11/20/2012 - 17:06 | 2999911 citizen2084
citizen2084's picture

Think he may have meant in the western countries not just ussa.


Tue, 11/20/2012 - 17:18 | 2999938 BTFDemocracy
BTFDemocracy's picture

Estonia's Debt to GDP is 6%, 6% GDP growth and budget surplus. I know where I am moving.

Tue, 11/20/2012 - 17:18 | 2999940 Segestan
Segestan's picture

So Black has never heard of the Communist Revolution? Welcome to the 21st century.


Up next .........povery, global war .

Tue, 11/20/2012 - 17:59 | 3000046 falak pema
falak pema's picture

hey Segestan you're an old phonograph record in the age of digital music on I-phone. 

Its time you updated your rhetoric. Communist revolution is not about what the resistance to corpocracy america is. Its about return to democracy and republic, not oligarchy rule. Stay tuned. 

Even China is moving away from communism, they call it social capitalism for the people's good. 

What is particular about this new age is that we have gone to vertical power bigtime, neo feudalism. Putinism is closer to its reality than Stalinism or Maoism, as the corporates are mainly private owned, not government owned. Both China and Russia will have to OPEN up their capital class. But all power structures stay very elitist.

The people are out of the loop. 

Tue, 11/20/2012 - 18:54 | 3000221 Segestan
Segestan's picture

Democracy doesn't work and a Republic is only for the few. I may be an old dog but you havn't learned yet.

Tue, 11/20/2012 - 17:29 | 2999967 walküre
walküre's picture

Filing and paying 2012 taxes online is easy. Voting electronically 2012 is a challenge. Spot the priorities.

Communists don't have tax codes. Everyone gets paid the same except for military, kgb, politburo and affiliates.

Wed, 11/21/2012 - 13:04 | 3002321 Abaco
Abaco's picture

And verifying the vote count is impossible in 2012

Tue, 11/20/2012 - 17:29 | 2999969 Seasmoke
Seasmoke's picture

Bullish for stocks when China takeover USA

Tue, 11/20/2012 - 17:32 | 2999973 Kantbelieveit
Kantbelieveit's picture

Uh, our taxes are at historically low levels. Check the Eisenhower era rates. Were we a Communist nation at the height of the Red Scare?

Tue, 11/20/2012 - 18:56 | 3000227 klapper
klapper's picture

Context is everything. In the 1950's USA was a young age population, practically everyone did something truly productive, and GM/Ford/Chrysler and the rest of corporate America had no real competition since Europe/Japan were rebuilding from the devastation of WWII. The government needed high tax rates to pay off the war debt/Marshall Plan. So tax rates were high and then that was OK. But it's very different now. America is no longer a competitive manufacturing jurisdiction so GM/Ford et al just can't increase the price of their product to account for higher corporate taxes. Back in the '50s regulations were not soaking up the business overhead the way they do now. Savings now are low relative to the 50s so increasing taxes reduces spending in a way it did not then.

Tue, 11/20/2012 - 20:46 | 3000501 taeonu
taeonu's picture

So your argument is that since Corporate America has off-shored America's manufacturing jobs, hasn't raised wages in 50 years, and is competing against its own foreign subsidiaries in China, we can't tax them?  I guess context is everything.

Good thing we haven't been in a war or two for the last 11 years.

Wed, 11/21/2012 - 01:30 | 3001245 klapper
klapper's picture

Corporate America is offshoring because they pretty much have to survive. It doesn't matter whether American wages have risen in the last 50 years, which they have irrespective of your remark, it's that they are very high relative to emerging economies. In addition, emerging economies don't carry the regulatory overhead that American operations do. And I'll repeat my last point from above, there is no pool of private savings to carry spending like there was in the '50's. People are debted out and raising taxes will reduce there spending. In the higher tax brackets, risk takers in primary industry are leaving America because of regulation, high labour costs, and if not high taxes, then the threat of high taxes to support the ever increasing government sector and entitlement sector. On this last point, the issue is partially demographic, America was a much younger country in the '50s then now, and partially political. The political side is the increasing ratio of government to private industry and a society which expects the government to subsidize everyting from mortgages to birth control. Right now governments are borrowing and printing money to make up the imbalance, but that can't go on for ever.

On your point of military spending, since the Iraq war started in 2003, total department of defense spending has gone up by $300B/year to 2011, last year for which detailed spending data are available. However, in the same period, Social Security, Medicaid/Medicare and Income Support have gone up $900B or 3 times as much.

Wed, 11/21/2012 - 03:10 | 3001307 taeonu
taeonu's picture

You really want to blame the government but you ignore the fact that the government is owned and run by the same corporations that they're supposedly "burdening". Every presidential cabinet is full of corporate CEOs and something like 80% of congressmen end up as lobbyist for the same corporations that paid to put them in Congress. The "burdens" are for the small businesses (aka the competition) that can't afford a lobbyist to write a loophole into the tax code and can't ship their employees' jobs to Hong Kong. Corporate America has received from the government exactly what it paid for: globalization, elimination of tariffs, subsidized investment capital, military and diplomatic protection by the U.S. armed forces, and lower taxes.

On your point about military spending, you said it was ok for the government to raise taxes to pay for the debt from WWII but somehow it's not ok for them to raise taxes to pay for the last 11 years of war. If fact, just considering allowing the tax cuts that were enacted DURING THE WARS to expire is also wrong.

I'm not sure what point you're trying to make about healthcare by comparing 3 different social programs to military spending. This is like comparing the cost of an apple to the cost of 3 oranges and saying there is a correlation. How much has private healthcare increased in the same time frame?

Also, all of the social programs you mentioned are funded by their own appropriated taxes and not put on the nation's credit card bill. Unlike the wars, which were a government funded theft of resources from the Middle East for the benefit of oil companies, military contractors, and other multinational companies that are now bitching about having to pay the taxes it cost to steal them. Instead they want to loot Social Security which has a surplus and doesn't add to the deficit because by law it must be completely detached from the federal operating budget.

Wed, 11/21/2012 - 06:08 | 3001382 klapper
klapper's picture

I didn't mean it was OK to raise taxes for war. I said it was OK to raise taxes "then" meaning America could absorb the taxes since they faced no competition and private savings were high. It's different now for sure, debt is high for both the government and consumers. I don't believe the social programs are fully funded by their own appropriated taxes. Even if you removed all discretionary spending by the federal government (military, environment, education, agriculture, energy, administration, science etc.) you would still be in the hole just for entitlements, income adjustment and interest. To fund the entitlements less interest you would need to raise $2.2T from "their own appropriated taxes". Is that what is happening?

Anyway, I'll put my argument in more emotive terms: America has been a wellspring of creativity and risk-taking in the world since WWII. However, it's losing that, at least on the primary production side. True, lots of gambling in the markets; that's the allegedly easy way to try to make money. However, the hard way, building a mine or wood mill or factory is going away, because the risk reward ratio on that type of endeavour is getting steadily less favourable. Hence the engine pulling the train is getting weaker but the government keeps adding more cars for it to pull.


Wed, 11/21/2012 - 06:30 | 3001395 Lord Koos
Lord Koos's picture

Corporate America is offshoring because they pretty much want to continue to make record profits and pay record bonuses, and they could give a fuck about America and American workers.

There, fixed that part for ya...

Wed, 11/21/2012 - 14:37 | 3002732 klapper
klapper's picture

You can say that but I don't have to fall into the same cynical us/them paradigm you are clearly in. In the early days of Asian competition, American couldn't compete on price but the quality was better. Now a Hyundai is pretty much as good as a Ford, but the cost is less. If you want to convince yourself the American corporation has infinite capacity to absorb higher taxes and regulatory overhead, then keep repeating your mantra, but that still won't make it true. In any case profits are falling and will fall further in 2013 if as I suspect America is headed back into recession.

Tue, 11/20/2012 - 19:03 | 3000248 blunderdog
blunderdog's picture'll piss off the know-nothings.  They're already convinced Obama's raised their taxes.

Learn to appreciate the humor 'round these parts.

Tue, 11/20/2012 - 17:32 | 2999979 Banksters
Banksters's picture

Banks love debtors. Pay now or get 7 years of bad credit...

Tue, 11/20/2012 - 17:37 | 2999983 falak pema
falak pema's picture

the oligarchy circle comes a full turn; state capitalism outperforms corpocracy america!

Oh bejesus who would have thought that! When Nixon went to play pong with Mao!...That third rate, stinking, third world, conniving, bloodthisty autocrat. Its bad enuff that Giap beat the shit out of USA, USA in NAm, to now have China outperform America is adding insult to injury! 

Two faces of the same coin, the chinese version of corpocapitalism has the advantage of cheap labour, which pisses the heart out of first world, except for the Oligarchs; who couldn't give a rats ass about who toils for their profits. 

Two faced Oligarchical America. 

Inverted totalitariansim imposes that middle class america, devoid of all protection now, toil like the third world shills to win their bread and in addition pay for the past ills of corporate america. Double whammy to save "the american exceptionalism of free enterprise america!"

Tue, 11/20/2012 - 17:42 | 3000022 surf0766
surf0766's picture

Whose turn was it to put false flag in this thread? You forgot.

Tue, 11/20/2012 - 17:48 | 3000037 Belarusian Bull
Belarusian Bull's picture

Lol, no online filing? Is this serious? Even in God's forsaken Belarus everyone files online.

And i can only imagine how hard it is to comply with all the regulations and withstand all that tax pressure in US.

As i, more and more, read about taxes and regulation of the "developed world" i grow to believe, that all the remaining credibility is there only because of force of habit, nothing more.

Tue, 11/20/2012 - 17:49 | 3000038 taeonu
taeonu's picture

Tell me again... what's the difference between a wealthy elite group of politicians controlling the economy and a wealthy elite group of business men controlling the government?


"You say that Marxism is the very antithesis of capitalism, which is equally sacred to us. It is precisely for this reason that they are direct opposites to one another, that they put into our hands the two poles of this planet and allow us to be its axis. These two contraries, like Bolshevism and ourselves, find their identity in the International." [Presumably, he means the Comintern ]

"These opposites ... meet again in the identity of their purpose and end in the remaking of the world from above by the control of riches, and from below by revolution. Our mission consists in promulgating the new law and in creating a God, that is to say in purifying the idea of God and realizing it, when the time shall come. We shall purify the idea by identifying it with the nation of Israel, which has become its own Messiah. the advent of it will be facilitated by the final triumph of Israel..."

"Our essential dynamism makes use of the forces of destruction and forces of creation, but uses the first to nourish the second...Our organization for revolution is evidenced by destructive Bolshevism and for construction by by the League of Nations which is also our work. Bolshevism is the accelerator and the League is the brake on the mechanism of which we supply both the motive force and the guiding power. What is the end? It is already determined by our mission. It is formed of elements scattered throughout the whole world, but cast in the flame of our faith in ourselves. We are a League of Nations which contains the elements of all others...Israel is the microcosm and the germ of the city of the future."

- Otto Kahn,
Partner at Kuhn Loeb, Investment Bank
with Jacob Schiff and Paul Warburg

from Geneva Versus Peace (1937)
by the Comte de St. Aulaire,
French ambassador to London

Tue, 11/20/2012 - 18:21 | 3000142 taeonu
taeonu's picture

In 1915, the American International Corporation had been formed to fund the Russian Revolution. It’s directors represented the interests of the Rockefellers, Kuhn, Loeb and Company(Rothschilds), DuPont, Harriman, and the Federal Reserve. They also included George Herbert Walker Bush, the grandfather of George Bush. The Rothschilds were directly financing the Revolution via Jacob Schiff at Kuhn, Loeb and Company. International Brotherhood bankers from Britain, the United States, Russia, Germany, and France met in Sweden in the Summer of 1917.

They agreed that Kuhn, Loeb and Company would deposit $50 million in a Swedish bank account for Lenin and Trosky’s use. In an article in The New York American Journal on February 3rd 1949, Jacob Schiff’s grandson said that his grandfather had paid the two ‘revolutionaries’ an additional $20 million. The payment of $20 million to the Bolsheviks by Elishu Root (the Kuhn, Loeb and Company’s lawyer and former Secretary of State) via the Special War Fund, is recorded in the Congressional Record of September 2nd 1919.

Tue, 11/20/2012 - 19:09 | 3000269 blunderdog
blunderdog's picture

We call that "freedom of speech" in the USA.

Tue, 11/20/2012 - 17:56 | 3000056 bahaar
bahaar's picture

So  how come S&P went up and SHCOMP went down in these last 3 years?

Tue, 11/20/2012 - 18:10 | 3000099 1000924014093
1000924014093's picture

People can SAY anything, but in a way, tax policy is putting their money where their mouths are.

Actually tax policy is putting my money where their mouths are.

Which sounds disgusting.

Tue, 11/20/2012 - 18:23 | 3000133 Aurora Ex Machina
Aurora Ex Machina's picture

None of the above

Oh, and Dear Simon, you're an idiot, and have no idea about causation <-> correlation.

Tax laws increase exponentially as the amount of lawyers challenge them. The more lawyers --> find more loop holes --> the more laws.


Note: Ex-Soviet countries have less lawyers than the USA. Can you work out the why? Perhaps... their constitutions are younger? You know, perhaps they've not had the "benefit" of ~100 yrs of Harvard Lawyers?




Feel free to ask me for a drink some-time. You're getting on, and you still don't get the world. I'll give advice to an old man like you for free, I don't want you starving to death in some Central American slum, that would be tragic.

Tue, 11/20/2012 - 18:42 | 3000194 alangreedspank
alangreedspank's picture

I don't think there's a lot of people challenging a gun pointed to their faces. Tax laws increase because the state awards tax breaks to concentrated interest groups.

Tue, 11/20/2012 - 18:56 | 3000218 Aurora Ex Machina
Aurora Ex Machina's picture

Yes, you're correct: if you have a "democratic" legislature (and even a Communist one), it's susceptible to money'd interests. (AKA - bribes for preferential treatment, the basis of merchantilism).

But's that's always a negative tax increase. No, and I mean NO, party argues for "more tax for just them"[1]; they always argue for "less tax for us".


Anyhow, we're digressing. Simon's point was around the # pages of laws each country has. This is, demonstrably, due to two factors: A) the age of said constitution and B) the ability of lawyers to inflict loop-hole damage leading to new legislation.


If you want a good example, compare and contrast the USA and UK legal laws on: A) Tax, B) Corporate Law and C) Criminal Law.


You'll find an odd thing: the younger of the two is fucking retarded when it comes to all three.




(p.s. Green'd you for the response, thanks)


[1] Apart from when "drugs" come into it - alcholol, nicotine, whatever ~ "vices" are always a positive tax, fuckers. The average man hates seeing others having a good time.

Tue, 11/20/2012 - 18:45 | 3000204 Essential Nexus
Essential Nexus's picture

I just call Timmy up and ask how much I owe.  It's really not that hard.

Tue, 11/20/2012 - 19:29 | 3000322 are we there yet
are we there yet's picture

Nice article, but it did not go deeper into cfr tax law printing charges.  It is $1,664.00 to print the full set of tax codes for domestic mailing.  Strangely, the international price is $ 2,329.60 for foreighners wishing to print out the US tax code.

Tue, 11/20/2012 - 23:36 | 3001021 passwordis
passwordis's picture

 We already live in a one world order.  The UN is the world government. The central bank of the world is the IMF. The FED is a branch of the IMF. The IRS is a collection agency for the IMF.

Tue, 11/20/2012 - 23:37 | 3001026 Blue Horshoe Lo...
Blue Horshoe Loves Annacott Steel's picture

China is smartly lowering taxes in these tough times, obviously so they can pilfer more money & business away from the USA!

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