Posted on 11/17/2012 11:02:27 AM PST by SeekAndFind
Your state wants to secede from the union. What will this mean for your taxes?
I have good news and bad news. The good news is really good. But the bad news is really, really bad.
We’ll get to them in a moment.
Talk of secession is in the air. The White House this week confirmed that residents in all fifty states had submitted petitions asking to leave the union. Will the last one left please turn out the lights?
Residents in seven states, all in the former Confederacy, submitted more than 30,000 signatures each — enough that some hapless bureaucrat or intern will now have to take a look at their petitions.
The news comes 150 years after the Civil War, and just in time for Steve Spielberg’s biopic of Abraham Lincoln, the man whom we have to thank — if that’s the word I want — for the continued forcible marriage of the once-independent states.
It’s only a couple of years since Texas governor Rick Perry hoisted a rhetorical secessionist flag in response to Obamacare. In the last few years, anti-federal “10th Amendment” resolutions, emphasizing the primacy of states’ rights versus those of the union, have passed the legislatures of 12 states in the South and West. In five states, the governors signed them, too. (The 10th Amendment to the Constitution says states’ rights come before those of the federal government. The last time anyone in Washington actually paid attention to it, the ink was still wet.)
But what would any of this actually mean for your taxes?
The upside is you will be liberated from the sheer living hell of the federal tax code.
I don’t care where you live, and how badly run your local state government is. Nothing could be worse than this monstrosity.
(Excerpt) Read more at marketwatch.com ...
I don’t care where you live, and how badly run your local state government is. Nothing could be worse than this monstrosity.
Yes it could and will!
The so called fiscal cliff is just the excuse our out of control Congress needs to make the tax code even more arcane.
Our congress critters have learned long ago how to make friends and influence campaign donors by strategically writing tax law to reward their friends and punish those that are not their friends.
With an impending tax cliff straight a head there is ample opportunity to wring campaign cash out of those wealthy individuals and corporations for a few favorable lines of tax law.
Lets see no onerous tax burden and federal regulation. Energy that is actually exploited for the peoples need. Some back water, the only back water is flowing in the heads of the federal apologists.
Secession will probably become necessary to save/restore America (the culture and the founding principles), but there really is a bad side that has to be resolved.
The U.S. federal govt would retain control of the military assets, the currency, and federal property.
On the micro level, what happens to the SSN/Medicare/military “pensions” that individuals have paid into if these individuals reside in a Free State? Would folks have to self-deport to a Slave State in order to retain their earned benefits?
Confederate soldiers received state pensions. Actually it was pretty good and transferable to the spouse. A lot of old men exploited this to get fairly attractive younger women to marry them The last Confederate bride died only a few years ago.
And all of a sudden employers would no longer want cheap labor?
Nice dream.
I don’t trust that this government wouldn’t go to ANY lengths to get their way.
Well, they already have - Fast and Furious for one. I’m sure there are more plans waiting on the back burners.
Secession means complete and total political dis-unification. States leaving the union would no longer be a part of the federal union, and therefore not subject to any claims by that now 'foreign' government.
If the state is successful in secession then the new “state/country/province” would have standing to extract from the social security and military retirement systems amounts equivalent to what their citizens paid in. Those moneys would then be invested in the province operated retirement programs which would probably mean more cash for the recipients.
I don’t see those funds as an impediment.
Again, do the math.
90 million armed citizens versus 600,000 federal troops. Not even the worst fool would challenge those odds.
Just what do you think is holding them back now?
Because you say so? Because it feels good?
Any kind of dissolution of the union is going to involve cooperation, compromise, and give and take between various authorities.
Shortsightedness and overreaching did a lot to doom earlier attempts at disunion, and would derail any future effort.
“And all of a sudden employers would no longer want cheap labor?”
Sure, that’s why they are here. /s
Half the US Army is comprised of red staters. Also more than have the Army is on the other side of the world.
So this genius is saying that states that seceded would have trouble paying for the goodies for illegals, fat welfare mommas and the golden retirement plans of fascist bureaucrats.
I’d call this guy an imbecile but it’s too obvious.
Bingo! Correct answer. You win the door prize.
It’s certainly one reason. There were illegal immigrants before their was much welfare spending. You’re naive about local and regional economic and political elites, which aren’t that different from elites elsewhere in the country and which won’t lose power with secession.
Breaking up the US simply hastens the advent of the Chinese century. The Chinese have plenty of places they can invest. Texas or some new Confederacy won’t have any privileged place on their list.
This blather totally ignores the insane $1.5 TRILLION burden of fedgiv regulations!
Fedgov...
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