Evanston ILL will funnel tax revenue to reparations fund

 

The irony of it all. Reparations funds coming from drug taxation by the government. We might ask how this whole thing is legal. After watching endless hours of impeachment hearings why bother. Here we go:

Evanston City Council passed a measure last month that will funnel the city’s tax revenue generated from the sale of recreational marijuana to a local reparations fund. The move has attracted attention from national and regional groups that have long advocated for investment in black communities through reparations.

(Stock Photo) …

The event, which was promoted but not sponsored by the city, was designed as a celebration of Evanston’s reparations initiative and the start of a continuing dialogue. The fund will be capped at $10 million and officials say it will be used to help the city’s black community with economic development, education and housing, among other issues. The fund will be paid for with a 3% sales tax on adult recreational marijuana, which becomes legal in Illinois Jan. 1.

White residents still earn significantly more money, on average, than Evanston’s black residents, said Ald. Robin Rue Simmons (5th Ward), who spearheaded the reparations effort. That fact, along with declining black homeownership and a declining number of black residents in town, pushed Simmons to propose the fund.

Evanston’s reparations measure was passed in an 8-1 vote. No one spoke out against the effort at the meeting where it was passed. A Reparations Subcommittee has been formed to determine the exact ways in which the fund’s proceeds will be used and distributed.

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Bonus:

Other than that all is well in the swamp.

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More Taxation Please

 

 

More Taxation Please

by Mustang   (Our man on the beat in the U.K.)

 

Taxes pay for the government (local, state, federal) and common use infrastructure, such as highways and bridges.  We all know this, of course, and can appreciate why these taxes must be paid.  Infrastructure supports commerce, and commerce fuels the economy.  So far, so good.  But there are other reasons for taxes that many of us find objectionable.  Here are a few of these:

  • Foreign aid, macro-organized welfare programs, and offering free education and medical care for illegal aliens might top the list, but then liberal politicians make no bones about the fact that taxation allows for the redistribution of income.  Robbery, some would say … stealing from Peter to pay Paul.
  • We must also pay the salaries of government employees.  There are literally millions of local, state, and federal employees, such that after a while, we might wonder … is government ever big enough to administer all government’s programs?  Apparently not, and depending on where these employees work, their salaries can be quite hefty.  How does any rational person justify the salaries of members of Congress (as high as $190,000.00 annually)?  Do they really earn this kind of money in terms of the services they provide?  And of course, the more employees there are, the more buildings we need to house them, the higher the cost of their benefits, and the longer-term retirement program obligations.

But there are other reasons to tax the crap out of people.  Enforcement of rules and regulations is one of these, and punishment for behaving in a certain way.  Sin taxes come to mind —and seat-belt laws that are less about public safety than they are about collecting revenues.

Here in England, one community has decided that punishment is a good reason for taxes … no, not fines, but an actual increase in taxes.

So, you own a home.  You want to sell it, but the market isn’t quite right.  Or perhaps, you might want to rent it out, but you need a minimum amount of rent in order to meet your mortgage payment obligations.  Maybe you inherited the property and it needs substantial repairs; you can’t afford that right now.  No matter.

The Wychavon (pronounced Witch Haven) district council has decided that if you are the owner of an unoccupied home, and if the property has been unoccupied for more than two years, your county taxes will be doubled.  Yes, that’s right —doubled.  If you happen not to like this arrangement, then either move into the property, sell it, or rent it … but until you do one of these two things, thou shalt bepunished.  The council complains that there are 148 homes in their district that have been unoccupied for more than two years; half of those for more than five years.  Something has to be done.

District council spokesperson Vic Allison explained: “The intention of this revised legislation is to encourage and bring back empty homes into use.  We have a shortage of housing and leaving properties empty is not helping that.”  He was joined by councilman Gerry O’Donnell, who said, “Anything that is a disincentive to having empty houses is to be welcomed in my view and this is one way of doing itthat has a bonus of income.”

Of course, the civic logic of this decision makes little sense: Punish people for having unoccupied properties?  Who leaves a property unoccupied just for the fun of it?  Perhaps Vic and Gerry aren’t making enough money as councilmen, and so to increase revenues, they’re happy to punish home-owners.  This conclusion may seem a bit disingenuous, but the increase in annual revenues will exceed £120,000.  Easily enough to be able to afford a new car for council members, maybe several suites of new office furniture, an upgrade to office computers —a more robust happy hour at the end of the month.

I suspect that council or board meetings here in England are much like those back home.  Have you ever attended one?  There are rules to be followed, of course, and not everyone is entitled to speak to council members unless certain requirement have been met.  These may include (but are not limited to) a demand that your stated concerns are pre-approved for public meetings, that your remarks are limited to a certain amount of time, and that you promise not to lose your temper or threaten council members.

 

Then, whenever speakers are allowed to address the council, such an address must take place after the regular business meeting.  People have actually died from boredom during these council meetings.  This is one of the reason people try NOT to attend them.  School board meetings are like this, too.  This is how boards and councils are able to pass so much idiotic rules and regulations without public outcry … no one wants to sit through these meetings.

This tirade won’t change the way things are done … neither here, nor back home.  It only underscores the arrogance of “elected officials,” illustrates how these minor despots are able to get away with so much, and points to how easily citizen’s rights are legally thwarted by bureaucrats and minor officials.  It is a world-wide phenomenon.  Government is a curse to humanity, but then I suspect it has always been thus.

I feel better now … sort of.

Tax Text Messages! Here’s Another Good Idea –

Here’s Another Good Idea

by Mustang

 

Carla Peterman

An exasperated Commissioner of the Public Utility Commission, Carla Peterman bemoans the California budget.  It continues to increase even as tax revenues fall.  Under most instances, we expect rational persons to conclude that if tax revenues are falling and budgets are increasing, then there are only two choices: decrease the budget or increase taxes to support it.  This may be the signature difference between conservatives and progressives: a conservative would scrub the budget of wasteful or patently stupid planned expenditures.  A progressive will take the less complicated road: increase taxes — and that just what  Carla Peterman, has proposed.  She wants to tax text messages because in doing so, it will help fund a program that makes phone services available to low-income Californians.

Let’s give it to Peterman – everyone should have a Peterman phone

 

 

 

And darn it, the state’s public purpose program budget has increased from $670-million in 2011 to around $998-million in 2017 while revenues collected the telecom industries have decreased from $16-billion to “only” $11.3-billion over the same period of time.  So, California needs to protect this “universal service” and intends to do so by placing a tax on text messaging.

Not all Californians are happy about this, of course.  People in the telecom industry aren’t pleased because the tax will impact profits (the reason they’re in business to start with).  Jim Wunderman, who serves as president of the Bay Area Business Council isn’t happy; he thinks the proposal is “a dumb idea.”  He argues that the proposal is a tax on how people converse in the twenty-first century.  Trade groups agree, and besides that, it taxes android messaging while ignoring such other applications as iMessaging, WhatsApp, and Facebook messaging.  They argue that Peterman’s proposal is illogical, anti-competitive, and harmful to consumers.

Peterman is pushing back, however, arguing, “If more revenues come from texting, then less revenues would be needed from voice services.”  Huh?

Anyway, how much money will this tax actually produce?  According to the California Chamber of Commerce, it should generate around $45-million each year.  But, dagnabbit, that’s not enough money!  Carla has a plan for that, too: she wants to make the new law retroactive for five-years.

It seems to me that we’re talking about an awful lot of money supporting “low income” citizens.  In California, low-income citizen means any person making less than an annual income of $30,000.00.  That’s right!  Because given the cost of living in California, it owns the dubious distinction of having the highest levels of poverty in the entire nation.  It also means anyone who is living in California illegally.  So, the proposed tax increase will benefit people who make less than $30-grand a year, including folks who, according to federal law, are living in the United States unlawfully.  To be clear, we’re speaking about 20.6% of the state’s population, or roughly 8.3 million.

Perhaps what California ought to do is take another look at the somewhat irrational notion that citizens (low-income or otherwise) have a constitutional entitlement to hand-held computers (cell phones).  I’m not certain about this, but I think this inane idea originated with Barack Obama, who took a humanitarian gesture (government subsidized landlines for senior citizens for emergency purposes) and expanded it to include cell phones that enable teenaged gangsters to organize flash-mobs, take pictures of police officers who exceed their authority, and to video-capture felonies … because dude, it’s cool.  One wonders how much an Obama Phone costs American taxpayers …

Before deciding to increase taxes, a responsible government would first reevaluate programs that drive up the cost of services.  Guaranteeing telephone services to 8.3 million citizens at the expense of the remaining 31.7 million people could be one of those things Peterman might scrub from the CPUC budget.  I’ll bet there are at least a hundred other programs that California might remove from their annual budget, but that will not happen for two reasons: first, the California legislature has a super-communist majority in the power, and second, no government has ever seen a tax it didn’t like.

But there is another point of view.  Maybe those 40-million Californians deserve outrageous taxes because it is they who overwhelming elected communists to the state legislature in the first place.

Fall of the Fourth Reich – Empire of Debt

How can the greatest empire in history fall now? In the same way the others did. H/T: Noisy Room

Micro-documentary: Weimar Hyperinflation 1923 vs USA Today

The similarities in the pre-hyperinflationary period appear to be striking! In a nutshell:

  • The national debt had risen to a point where it could not realistically be paid back.
  • The war had costed more than expected.
  • There was a high unemployment.
  • Products and services increased in price, while production decreased significantly.
  • The government’s response was to provide liquidity to the banks and inflate the currency.
  • The gold standard was left several years before.

Going forward, we strongly advice everyone to study what the documentary tells at the 6 minutes mark.

The only thing keeping the dollar afloat is a military bravado that keeps countries of the world inclined to use the dollar has a reserve currency. If that changes along with increasing deficits and diminishing public support for military interventions, we may see German style hyperinflation in the United States of America.

As soon as the world witnesses the loss of trust in the US dollar (the world reserve currency), the financial and monetary system will implode under its own weight. The sad truth is that our beloved leaders are kicking the can down the road for several years, arguing that nothing is going now. They totally ignore the future consequences of current decisions and policies.

Elizabeth Warren on ‘fair taxation’ and debt’

Ace of Spades has a vid of Elizabeth Warren on the stump trying to capture Scott Brown’s Senate seat. Laura W. posts the high lights of the comments, and they are rich indeed. Having grown up in a family business that ran 7 days a week, 24 hours a day, this one comment nailed it  big time. For more great comments on the Video, wander over to The Ace. First, Ms Warren:

I hear all this, you know, ‘Well, this is class warfare, this is whatever. No. There is nobody in this country who got rich on his own — nobody.

“You built a factory out there? Good for you. But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police-forces and fire-forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory — and hire someone to protect against this — because of the work the rest of us did.

Now look, you built a factory and it turned into something terrific, or a great idea. God bless — keep a big hunk of it. But part of the underlying social contract is, you take a hunk of that and pay forward for the next kid who comes along.” Hot Air

Ace of Spades:

Comment 267 Is she f*cking insane?I gotta ask.

Its the taxes *I* pay as a small business owner, and as a private citizen, that funds the roads, the police, the army, and so on. I pay for this now. Right f*cking now.

And you don’t think I built my goddamned business on my own? You don’t think I am the only one who was willing to take a f*cking risk on my vision? You think that society as a whole contributed to my business growing and being successful?

So, in the deepest dark of the credit crunch, where was society with the capital to back the asset purchases I needed to fulfill orders when the banks wouldn’t? The banks that are partially publicly owned, too big to fail, yet probably should?

What grew my business was the intense backbreaking labor I put into my business. The complex financial arrangements, and the risks *I* f*cking took. The danger to my families well being by literally risking every f*cking thing we had in order to pursue this, while this idiot and her fellow travelers were busy raping larger versions of businesses and denying their rightful owners their assets handing everything over to their buddies.

Lady, you have no business being in government. You have no business teaching. You have no f*cking clue what it takes to start, grow, run a business.

OMFG

Posted by: John Galt at September 22, 2011 12:12 PM (9NQ6I)

Yes, it is quite galling to work 6, sometimes 7 days a week, get F*CKED by the government six ways to Sunday in ways that employees never get to know about, and be told about all this wonderful ‘help’ we received.  More comments at Ace of Spades