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California businesses fuming over retroactive $120M tax grab
Fox News ^ | 3/19/13 | Lee Ross

Posted on 03/20/2013 6:10:14 AM PDT by listenhillary

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To: Liz

Paraphrasing St Augustine——”Without a system of justice, what is the state but a marauding band of thieves.”


That Reminds me of something I read in my misspent youth. It was something along the lines of:

Government is primarily a band of Vandals and Vikings searching for something to loot and the taxes we pay are the Danegeld to keep them away from our every day lives.

Of course I know now that the Danegeld wasn’t enough in the end and that they resumed raiding England and Europe eventually. What put a stop to that was armed resistance everywhere they showed up. Eventually there weren’t enough survivors to go Viking any more.

Kind makes you think doesn’t it? (With a beatific grin)


21 posted on 03/20/2013 6:51:38 AM PDT by The Working Man
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To: listenhillary

Hey, as long as Sacramento can keep the welfare monkeys happy, that’s all they care about. It’s all about buying enough votes to stay in office. What do they care about the future of their once great state?


22 posted on 03/20/2013 6:52:10 AM PDT by LouAvul
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To: SeeSharp

Ex post facto applies ONLY to statutes unless you go to court. The situation here is the administrators collected the wrong taxes ~ now they have to collect the right taxes.


23 posted on 03/20/2013 6:53:48 AM PDT by muawiyah
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To: Neoliberalnot
“And remember, where you have a concentration of power in a few hands, all too frequently men with the mentality of gangsters get control. History has proven that.” Lord Acton

The same repetition of Liberal thugs in office decade after decade and their cronies follow up when THEY leave... it is a perpetual merry go round of corrupt and incompetent Liberal thieves... how could ANYTHING improve?

24 posted on 03/20/2013 6:56:06 AM PDT by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: soycd

Why do you care.


25 posted on 03/20/2013 6:56:45 AM PDT by RedHeeler
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To: Wings-n-Wind

NOT! The state is dominated by the takers! It will never happen. They need to move out to a red state.


26 posted on 03/20/2013 7:01:37 AM PDT by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
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To: listenhillary

http://video.adultswim.com/robot-chicken/this-deals-getting-worse-all-the-time.html


27 posted on 03/20/2013 7:03:06 AM PDT by yefragetuwrabrumuy (Best WoT news at rantburg.com)
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To: listenhillary

Amazing. Stogner vs Calif., was overturned by the US Supreme court several years ago, due to ex-post facto. That ruling allowed 880 convicted serving and sentenced child molesters to go free, without parole, probation or registration. Yet, this state will go after undue monies, by legal trade, by even worse subversion.


28 posted on 03/20/2013 7:08:23 AM PDT by RedHeeler
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To: SeaDragon

CA is trying to destroy small businesses.


29 posted on 03/20/2013 7:10:18 AM PDT by RikaStrom ("To learn who rules over you, simply find out who you are not allowed to criticize." ~Voltaire)
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To: listenhillary
California is the leading communists Democrat capitol of the Country. This State is toast and will collapse.
30 posted on 03/20/2013 7:34:59 AM PDT by Logical me
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To: RikaStrom

And succeeding.


31 posted on 03/20/2013 8:04:00 AM PDT by SeaDragon ("Life is tough ..... It's even tougher if you're stupid." - John Wayne)
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To: listenhillary

Roll over and take it time has passed. Now it is time for the tar and feathers.


32 posted on 03/20/2013 8:06:50 AM PDT by AD from SpringBay (We deserve the government we allow.)
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To: listenhillary

The things that happen in democrat controlled states are never for the people.


33 posted on 03/20/2013 8:20:39 AM PDT by Vaduz
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To: RedHeeler

>Why do you care.

Because I want democrats to fail and fail big. No matter where they are doing their democrat dirty work. The more failures that are seen as the democrats fault, the fewer people will vote for their evil, thieving ways.


34 posted on 03/20/2013 8:21:52 AM PDT by soycd
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To: Liz

There are so many ways our states and feds can $crew us.

In California, the left wingers in control of the capitol are trying to enforce back taxes on tech start up investors.

Not only are they after the so called back taxes, they want penalties for late payments for past refunds:

http://yro.slashdot.org/story/13/01/24/2232237/californias-surreal-retroactive-tax-on-tech-startup-investors

“Engineers and hackers don’t think much about tax policy, but there’s a bizarre development in California that they should know about, since it could reduce the pool of angel-investment money available for tech startups. Under a tax break available since the 1990s, startup founders and other investors in California were allowed to exclude or defer their gains when they sold stock in California-based small businesses. Last year, a California appeals court ruled that the tax break was unconstitutional, since it discriminated against investors in out-of-state companies. Now the Franchise Tax Board, California’s version of the IRS, has issued a notice saying how it intends to implement the ruling — and it’s a doozie. Not only is the tax break gone, but anyone who claimed an exclusion or deferral on the sale of small-business stock since 2008 is about to get a big retroactive tax bill. Investors, entrepreneurs, and even the plaintiffs in the original lawsuit are up in arms about the FTB’s notice, saying that it goes beyond the court’s intent and that it will drive investors out of the state. This Xconomy article takes an in-depth look at the history of the court case, the FTB’s ruling, and the reaction in the technology and investing communities.”


35 posted on 03/20/2013 9:04:15 AM PDT by Grampa Dave (What do Sequester, Mayan Apocolypse, Y2K & Gorebull Warming have in common? They were/are 100% BS!)
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To: listenhillary; Liz; stephenjohnbanker; SierraWasp; Ernest_at_the_Beach; dennisw; tubebender; ...

California now leads nation in unemployment at 9.8 percent

http://washingtonexaminer.com/california-now-leads-nation-in-unemployment-at-9.8-percent/article/2524777

How many of the job holders in Californicator land have two basic part time jobs or one full time job with a part time job to make ends meet.

Earlier, this year, a 20 something grandson of a close friend ended up in a hospital basically due to over working. He and his young uncle both had full time jobs and worked on the weekends or their time off with a full time job. These are the young men who work and have no problem finding jobs.

Recently at a social event, I got to talk to both of them, and according to them they are probably very common workers with a good work history today with two jobs. How many people are like them in California, and are they/each counted as two job holders.

A young relative, who used to work in the premium restaurants said Obozo health care is forcing many good waiters, cooks, chefs and others to have two jobs as employers are refusing to pay anyone for more than 30 hours per week to avoid the Obozo health care costs. He said some restaurant owners are working with other owners to basically share good workers to avoid the over 30 hour/week trap.


36 posted on 03/20/2013 9:21:12 AM PDT by Grampa Dave (What do Sequester, Mayan Apocolypse, Y2K & Gorebull Warming have in common? They were/are 100% BS!)
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To: listenhillary

u-haul


37 posted on 03/20/2013 9:45:09 AM PDT by BO Stinkss ( I'd rather die on my feet than live on my knees)
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To: listenhillary

but but .. it’s for the illegal chilrun yaknow.. when Bill Maher gets an upset tummy,, yaknow it’s close to meltdown time..


38 posted on 03/20/2013 10:33:58 AM PDT by NormsRevenge (Semper Fi)
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To: listenhillary

Didn’t Clinton do something really similar in....1994, or something?


39 posted on 03/20/2013 11:54:21 AM PDT by Noamie
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To: Noamie

“Congress has been adopting retroactive tax increases for a very long time, essentially since the 1930s. The 1913 Revenue Act was the first one with an effective date before the date of the actual enactment. Generally, the increased tax rate is applied retroactively to the year in which it is enacted. But in 1918 and 1926, each of the Revenue Acts was applied to the entire calendar year that had preceded enactment. As early as 1935, one commentator pronounced restrictions on retroactive taxation to be “dead.”

From
http://www.heritage.org/research/lecture/retroactive-tax-increases-and-the-constitution


40 posted on 03/20/2013 12:02:49 PM PDT by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
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