From the UK, proof that “One Nation Under Revolt” has arrived just in time:
The UK’s tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer.
From there, it’s not that difficult to require that all vendor payments to be handled similarly, until virtually all commercial transactions are filtered through the state. Game over; statists win.
While the looming income tax increases remain important, let’s not forget that the death tax returns next year unless something is done.
I don’t think the job-loss effect will be anywhere near what is described at this link, because astute estate planners will help many people avoid the tax entirely. But from a macro viewpoint, all of that planning is a colossal waste of time that adds no value to the economy and diverts some of the attention of the economy’s most productive people from being, well, the economy’s most productive people.
Also, here’s a statement related to the estate tax that can be applied to most attempts at wealth redistribution generally: “… it can’t be stressed enough that an estate tax is very much a tax on those not in possession of inherited wealth. When governments tax wealth whether it’s earned or inherited, what they’re really doing is reducing the amount of capital available to fund the growth of tomorrow’s innovators.”
Go figure (internal links are in original):
Survey Shows Arabs More Opposed to GZ (Ground Zero) Mosque Than American Media
According to a recent survey by the Arabic online news service Elaph (Arabic version here), 58 percent of Arabs think the construction should be moved elsewhere. And according to a Media Research Center study released last week, 55 percent of network news coverage of the debate has come down on the pro-Mosque side.
The project’s front people have a litany of tax, legal (note that Imam Feisal Rauf is being sued by a city, not just by unhappy tenants), criminal, and financial problems (if you’re holding $10,000 fundraisers for a $100 million project, you’ve got financial problems), and there are clearly financial irregularities relating to how the the property was acquired. Then there’s the damning effect of their own exposed words (here, here, here, and here, to name just a few) and associations with terrorism sympathizers.
You might think that this tidal wave of demonstrated problems would cause many of those who have been sympathetic to their cause to back away. But it won’t, because once something becomes a PC cause, facts don’t matter, and there is no backing down regardless of how overwhelming the facts become. Instead, supporters like Michael Moore are doubling down on stupid.
Christine O’Donnell didn’t appear on this Sunday news shows. Good, and I totally agree with Mark Levin in hoping she stays away from them, and while we’re at it, the Big Three Networks in general. She doesn’t need them, and she owes them nothing, and she has nothing to “prove” to the people of Delaware or the nation by appearing.
Their ratings are in the tank. They are no longer gatekeepers. They’re for the most part a bunch of leftist gotcha artists who aren’t worth the time or bother.
But, if she does choose to appear, it has to be with these reasonable conditions: her camera crew gets to be there, is allowed to film the entire event, and gets to post it unedited online. I’ll betcha not one of the three will accept those conditions, because they won’t be able to twist the results with “clever” editing.
Troubling news out of Government Motors:
GM and the Treasury Department would not comment Sunday on reports that the automaker is in talks with its current partner in China, SAIC, about buying a stake in the Detroit company. SAIC is owned by the Chinese government.
Make that “Two-Government Motors.”
I would oppose this for most of the same reasons I opposed CNOOC’s purchase of Unocal five years ago.