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[Mego]

At least HomeSec is in last place, but we're probably already on the way to fascist dictatorship if we get that far down the line.

When HomeSec was first created in 2002, there were people wanting it to be #6.

There's a very good reason for that: you don't want the guy (or gal, in this case) whose job it is to thwart terrorist plots to go "Hmm.....plot to bomb the Capitol during the State of the Union....that would take out the five people above me. Maaaaaybe we'll just file that one under 'Do Later'."

Oh, believe me you, I agree that #18 is the right spot for HomeSec. I was just pointing out that some people didn't think it through.

[Nadaka]

At least HomeSec is in last place, but we're probably already on the way to fascist dictatorship if we get that far down the line.

When HomeSec was first created in 2002, there were people wanting it to be #6.

There's a very good reason for that: you don't want the guy (or gal, in this case) whose job it is to thwart terrorist plots to go "Hmm.....plot to bomb the Capitol during the State of the Union....that would take out the five people above me. Maaaaaybe we'll just file that one under 'Do Later'."

Oh, believe me you, I agree that #18 is the right spot for HomeSec. I was just pointing out that some people didn't think it through.

Or maybe they were thinking it through.


edit: content! http://www.npr.org/blogs/money/2012/10/18/163106924/a-tax-plan-that-economists-love-and-politicians-hate

The plan? eliminate the exemptions most used by the middle class and eliminate the corporate income tax. Sounds... kinda crappy without regulatory compliance to keep people from sheltering their income in corporate tax shelters. A billionaire could have 0 personal income, collect welfare and live in the mansion his personal corporation bought and fly about in the jet his personal corporation keeps.

[Sheb]

Well, they seems to want to make benefits taxable, so he'd have to pay taxes on the value of rent for that house and jets.

[RedKing]

We really need an overhaul of the entire concept of "corporation". If Hitler were around today, he wouldn't form the Nazi Party, he'd form "NaziCorp GmbH: A World Leader In Jew-Liquidation Solutions". Instead of "I was just following orders", you'd have...well, pretty much the same thing.

(Yeah, I Godwin'd.)

[Levi]

We just need more co-ops!  Co-ops are the ultimate form of corporation in my mind. 

[Sheb]

Another thing I cannot understand in your tax code is that so many small business are actually not corporations, but taxed on the personnal income tax rate, which is franky dumb.

[GlyphGryph]

The USA has a long, long tradition of shitting on small companies because the big companies are worried they might become competition.

Hell, a good half of our licensing and regulation structure is geared entirely towards imposing arbitrary obstacles on those wishing to start a business, so that only the already-wealthy have much of a chance of success.

Any politician that tells you they are looking out for 'small business' is full of shit, basically.

(Of course, like women in the suffrage movement, small business owners that have managed to actually make it in the current system are the most adamantly opposed to ever changed, lest they lose all they worked for. But eh.)

[Nadaka]

Another thing I cannot understand in your tax code is that so many small business are actually not corporations, but taxed on the personnal income tax rate, which is franky dumb.

Part of the reason for that is that many small businesses are run by people who are not accountants or lawyers, and they have not consulted with an accountant or lawyer on running their business.

[RedKing]

Yeah, getting incorporated takes a not-inconsiderable amount of time and paperwork. Now, there are lawyers who can do it relatively quick and painlessly but it's also not that cheap. So most home businesses make the determination that it's simply not worth the time and expense to bother with. It's really only when you get up to a certain income threshold that it makes rational sense to do it.

And in more than a few cases, people have home businesses so more for personal reasons than making a profit, and are encouraged in this by the fact that you can take deduct your business losses on your personal tax for the first two years.

Know a guy that was "a computer wholesaler" so he could get wholesale prices on PC hardware. Occasionally resold stuff to friends. Claimed the losses for two years, then "closed up shop". It's not that uncommon.

[Nadaka]

http://news.yahoo.com/house-tea-party-icons-face-election-challenges-162113257--election.html

several of the key members of the Tea Party are facing very stiff competition and may  be ousted this time around.

[RedKing]

http://news.yahoo.com/house-tea-party-icons-face-election-challenges-162113257--election.html

several of the key members of the Tea Party are facing very stiff competition and may  be ousted this time around.

If by several, you mean "three". Of which, only one (Joe Walsh) has a good chance of losing. King and West are in tougher races but by no means facing imminent demise. Bachmann is pretty much safe, thanks to the influx of crazy money.

Still, *any* less Tea Partiers is a good thing.

[vadia]

If he meant defeated, rather than ousted it does increase the number.

[mainiac]

Radio ads for the republican incumbent started airing today (or at least started airing on the radio we listen to at my job.)  I find this very curious because the democrat in the race withdrew due to scandal and it was already a safe republican seat.  So it's a safe seat without opposition and he's pissing money away on ads... why exactly?

[Reelya]

Sounds to me like he has to spend the money for regulatory purposes. I don't believe you're allowed to keep any excess.

You can get rid of the money by hiring your buddies as consultants etc, but they do need some plausible cover too, for that, like using some of the money for ads.

[Zrk2]

What district are you in? I smell the American Way^TM in the offing.