Tuesday, 29 January 2013

Tax.

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You might want to buy Turbo Tax and minimize the pain. I know some people think the pain should be felt and the outrage kept ever raw. I used to do my taxes without even using a calculator. No more.

ADDED: I downloaded Turbo Tax and got part way into the process, which includes chatty notes "celebrating" the discovery of exemptions and photos of specific human beings —"Juan M." — smiling as if they are smiling at me and helping me.
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Monday, 28 January 2013

It's not just Phil Mickelson — plenty of high-income athletes want out of California taxes.

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Mickelson was just the one who was PR-deaf enough to let us know how he feels.

Why do you think Tiger Woods lives in Florida?
In November, voters in California approved a ballot measure raising the top rate on income over $1 million to 13.3% (the increase applies retroactively to last year). ... Mr. Woods grossed $56.4 million in 2012. As a Floridian, he will keep about $7.5 million that he otherwise would have owed to the state of California. His net tax savings over his 16-year career come to about $100 million. Mr. Mickelson last year earned $60.7 million. Paying the 13.3% California rate, he will owe the state $8 million.
That takes Mickelson down to $52.7 million, putting him behind Woods, when he was ahead of him on the money list. Aggravating! (I know, I'm failing to take account of the way state taxes are a deduction on your federal income taxes and everything else that affects after-tax income.)
The benefit of living in a state without an income tax can be diminished by the "jock tax" that states impose on money earned by athletes when they're playing or training in the state. (Luckily for baseball players, spring training is in no-tax Florida or low-tax Arizona.) But in sports like tennis and golf where athletes can train anywhere in the world, a preponderance happen to migrate to states without an income tax.
These celebs — with their endorsements — need good PR, as the Mickelson slip proved. State tax proponents could get proactive and actively shame the sports stars who live in Florida without an adequate cover story. 
For instance, Serena and Venus Williams grew up in Compton, Calif., but moved with their father to Florida in the early 1990s.
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Wednesday, 23 January 2013

Anti-abortion man, who yelled from a tree at the Inauguration, is charged with a crime.

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Rives Miller Grogan was charged "with violating a previous order to stay away from the U.S. Capitol, and with violating laws that require authorities to 'preserve the peace and secure the Capitol from defacement,' and with 'preventing any portion of the Capitol Grounds and terraces to used [sic] as playgrounds ... to protect the public property, turf and grass from destruction.'
He had just been arrested and charged with disorderly conduct last week, after police said he shouted from the gallery of the U.S. Senate. He’s been convicted five times in the District since 2009, mostly on charges of disorderly conduct and disobeying police....

Police said Grogan once dropped to the ground in the Capitol Rotunda while clutching a doll and screamed in front of 60 visitors. Another time, police said, he paced the Capitol steps holding a bible and shouting, “Stop killing the babies.”....

Officer Shennell S. Antrobus, a U.S. Capitol Police spokesman, said officials decided to leave Grogan in the tree until after the swearing in to avoid disruptions. Police said he came down on his own after five hours.
Some of this reminds me of our tenacious Wisconsin protesters, whose deep convictions and emotive righteousness have led them to specialize in loud annoyingness and innumerable petty violations. Grogan is different from them too. He's driven by religious fervor, and he's not on the left.

What are the limits of protest?

ADDED: This story reminds me of an old Sunday School song:



I remember singing that as a child and feeling embarrassed by how cute the adults found it whenever a child did the spoken-word part, "Zacchaeus, you come down." Are children's songs written to amuse children or to lure children into performances that will amuse adults? If the latter, is it wrong?

Here's the Bible story, in chapter 19 of Luke:
Jesus entered Jericho and was passing through. A man was there by the name of Zacchaeus; he was a chief tax collector and was wealthy. He wanted to see who Jesus was, but because he was short he could not see over the crowd. So he ran ahead and climbed a sycamore-fig tree to see him, since Jesus was coming that way.

When Jesus reached the spot, he looked up and said to him, “Zacchaeus, come down immediately. I must stay at your house today.” So he came down at once and welcomed him gladly.

All the people saw this and began to mutter, “He has gone to be the guest of a sinner.”
Jesus looked with favor on the tax collector, it was his method to conspicuously reach out to those who seemed conspicuously to be sinners when there was a more subtle point that all are sinners and he is reaching out to all of us.
But Zacchaeus stood up and said to the Lord, “Look, Lord! Here and now I give half of my possessions to the poor, and if I have cheated anybody out of anything, I will pay back four times the amount.”

Jesus said to him, “Today salvation has come to this house, because this man, too, is a son of Abraham. For the Son of Man came to seek and to save the lost.”
Lefties and righties can argue about what (if anything) Jesus meant to say about taxation. One might say, as I suggested above, that Zacchaeus was chosen because the people had a stereotype equating tax collection with sin, so he easily became The Sinner, for Jesus to bounce his lesson off of. But you might say that Zacchaeus's conversion shows the importance of taxation when it is used to take accumulated wealth from the rich and to distribute it to the poor. That's not the way the taxation of the time was used, and Zacchaeus had become wealthy through his tax collection work. So he's more like a typical rich man, and he is declared saved because he instantly gave half his possessions to the poor, without regard to whether that wealth was ill-gotten. Zacchaeus makes a second promise, to give quadruple restitution of any ill-gotten gains.

What is the proper tax rate for the rich? The Bible implies that it's 50% and that the spending should go toward alleviating poverty. And that's not a 50% income tax, by the way, Mr. Buffet. That's a wealth tax. You should cough up about $15 billion to get right with God.
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Tuesday, 22 January 2013

Politicians and their wives... chez Drudge.

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Right now, at Drudge, at the top of the middle and left columns:



The message of the juxtaposition seems to be: Powerful political wives dominate their husbands. Or: Bow down to women, O ye men!

Here's the story about Carla and Nicolas moving to — of all places to avoid taxes — the UK. You know taxes are harsh when England seems like the way out. (Didn't the English rock stars use to move to France to avoid taxes? (Back in the days when The Beatles contributed to the protest-song genre with "Taxman.")
[Nicolas Sarkozy] and his former supermodel third wife Carla Bruni-Sarkozy would be likely to settle in an affluent district like South Kensington – so becoming the most high profile Gallic celebrity couple in the city.
But the former president is under investigation for corruption in France, and if he does cross the Channel there will be outrage.
Oh, to be relatively young and super high profile! Carla is waving bye-bye. We'll see what her getaway looks like. (How "Gallic" is Carla Bruni? She was born Carla Gilberta Bruni Tedeschi, in Turin, Italy. How coupled is she? She famously cheated on Eric Clapton with Mick Jagger.)

Meanwhile, in America, I've got no criticism of Barack Obama bowing to his wife as he invites her to dance. Or do you think anytime he bows, he calls up the old bowing-to-dictators meme?
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Monday, 21 January 2013

When golfers go Depardieu.

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Actor Gerard Depardieu has been putting on a big show of running from France to escape high taxation.

Now, here in America, "Golfer Phil Mickelson May Call It Quits Due To Climbing Tax Rates."
If you think perhaps Mickelson is being a bit of a baby for threating [sic] to end a career that’s earned him a spot on this list of 10 wealthiest athletes on the planet because of some tax increases, understand that he’s getting hit on the state level, too. In November, California passed Proposition 30, which increases the top income tax rate on resident millionaires to 13.3%, a drain on Mickelson’s take-home pay that may force him to sell his 9,500 square foot mansion and flee his home state in search of more friendly pastures.
Do Americans care whether Phil Mickelson lives in the United States or not? It's hardly the equivalent of Gerard Depardieu and France. Or is it? Maybe I'm not getting America's attachment to its athletes.

Which, if any, Americans are in a position to protest — effectively protest — taxes by threatening to leave the country? Threatening to leave a state seems more plausible. I would think there are a lot of athletes in team sports who could let it be known they are taking taxes into account, but presumably that's all haggled over in private negotiations. A team in a high-tax state is going to have to put up more money than a team in a low-tax state. It really is the golfer — the athlete in business for himself — who has some choices about where to live. But other than the one-off character Tiger Woods, America doesn't care about golfers.
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Wednesday, 16 January 2013

A cartoon from 1233.

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I'm fascinated by the school lesson material at the U.K. National Archive site. That cartoon is from one titled "A Medieval Mystery" that asks students to "decode the dark secrets of this cartoon" and offers tips on things to look for (e.g., devils) and prompts with questions like "How has the cartoonist shown that the man and the woman are Jewish?"
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"I think the businesses that bring these men in should also be accountable for not providing opportunities that keep them busy outside of work."

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"They should check their employees before hiring (if they don't already) and get rid of those who commit ANY kind of aggression toward women or men. Their social responsibility goes beyond the gate or the door. Maybe the answer is for the towns like Williston to heavily tax the companies so that they can afford to police the men the companies employ. If business doesn't see itself more broadly as a player in the overall health of our society, government needs to step in."

That's a reader comment at the NYT article about all the single men working out in the oil fields of North Dakota, which we've been talking about over in this earlier thread. Please go to that thread to talk about the article more generally. I'm opening up this new thread for discussion of the proposition that business should be responsible for the after-work activities of their employers, that the tendency of men to go out after work looking for female companionship calls for the heavy taxation of business, that individuals looking for sexual relationships in their own free time ought to be conceptualized as an issue of collective "health," that overall societal health requires big "players," and that if businesses don't want to see themselves as the players, they leave a gap that government must fill.
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Thursday, 10 January 2013

"We're not going to go hog wild."

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Says Governor Scott Walker, announcing a plan for a "significant" cut in state income taxes.

ADDED: In the comments, Mary Beth said: "I'm surprised, and a little let down, that this post didn't also have a history of the phrase 'hog wild.'" Thanks for missing the kind of Althouse extras that I really do love to provide. And here they are. The OED has this:
hog-wild adj. U.S. completely wild or unrestrained; crazy (chiefly in to go hog-wild).

1893   Galveston (Texas) Daily News 11 Mar. 4/3   The state of Kansas has gone ‘hog wild’.
1940   C. McCullers Heart is Lonely Hunter i. ii. 26   This here white man had just gone hog wild. He were butting his head against the side of this brick wall.
2005   Time Out N.Y. 3 Feb. 82/1   New York City Ballet went hog-wild with promotions on January 22.
And here's a graph of the history of the use of "hog wild." For some reason, it spiked in 1942 and 1963. WW2 and the Kennedy assassination. Big events in those years. Any number of reasons to turn to "hog wild."
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Thursday, 3 January 2013

Paul Krugman is "feeling so despondent."

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Why? "Because of the way Obama negotiated" the fiscal cliff deal.
He gave every indication of being more or less desperate to cut a deal before the year ended....
He did? Funny, Rush Limbaugh kept saying Obama wanted to go over the cliff. It was his preference. The idea was to get rid of the hated Bush tax cuts and the cliff was there as a device to make it possible to blame the GOP. Back to Krugman:
The only thing that might save this situation is the fact that Obama has to be aware just how much is now riding on his willingness to finally stand up for his side; if he doesn’t, nobody will ever trust him again, and he will go down in history as the wimp who threw it all away.
The wimp?! Hey, remember when they were calling Romney a wimp?



That was back in July. Was Romney "just too insecure to be President"? Meade and I were just talking this morning about exactly that. There were 2 crucial points when Romney failed to stand his ground. He crumpled under intimidation. One was when the 47% video leaked out. Romney went beta, instead of doubling down, getting hardcore. The other was during the second debate, when he was going big on Benghazi, and Obama and Candy Crowley performed their check-the-transcript routine, and Romney deflated into oh, am I wrong?

So, anyway... is Obama just too insecure to be President?
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Tuesday, 1 January 2013

"Under the agreement, tax rates would jump to 39.6 percent from 35 percent for individual incomes over $400,000 and couples over $450,000..."

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"... while tax deductions and credits would start phasing out on incomes as low as $250,000, a clear win for President Obama, who campaigned on higher taxes for the wealthy."

Is that a "clear win"? Good lord, whatever happens, the NYT will spin it as a win for Obama. I thought his number was $250,000 for couples, and now, it's way up at $450,000. That should be called a clear compromise. How hard it must be for the Republicans to compromise, when even clear compromises are declared clear wins for the other side.
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