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Brazil Once Again Raised The Financial Transaction Tax

By Himfr Ivy

Despite the promise not to intervene in currency markets in Australia, but as the global “currency war” has repeatedly upgraded, a further rise in foreign investment in Brazil yesterday to buy Brazilian debt in the financial transactions tax, to reduce hot money inflows and currency appreciation to curb. In two days, G20 finance ministers about the opening, the government intervention in currency markets and their impact will undoubtedly become a major issue.

Continued appreciation of real

The U.S., Japan and the euro zone a low interest rate policy, the pursuit of high returns, investors have the funds to invest in emerging market countries. At the same time, Brazil’s current benchmark interest rate as high as 10.75%, attracting a large number of foreign investors snapping high-yield bonds in Brazil, the Brazilian currency, the real has continued to rise.

Brazil’s Ministry of Finance announced late on 18 local time, will focus on foreign investors in Brazil’s financial transactions, fixed income tax rate from 4% to 6%, while foreign exchange rate derivatives trading from 0.38% to 6%, these measures come into effect from 19. In the October 4, Brazil Ministry of the above financial transactions tax by 2% to 4%.

Brazilian Finance Minister Mantega said the latest move is not intended to prevent long-term investment, but to discourage short-term speculation, thereby reducing the inflow of foreign capital over the scale and the real prices. If the foreign exchange market volatility, the Government may take more interventions. In addition, Mantega also called on States to stop the “currency war”, a common response to the weak dollar and to protect exports.

[youtube]http://www.youtube.com/watch?v=6hPn0-GhFSY[/youtube]

Brazil’s government, apparently hoping to improve on the taxation of foreign capital arbitrage, short-term hot money against the interest of the Brazilian market to stabilize the real currency. However, Brazil’s former central bank governor Fraga believes that the long-term real appreciation for the ease pressure on financial transactions tax increase will not play a substantive role.

In the expected depreciation of the dollar, many emerging market currencies appreciated significantly, coupled with rising commodity prices caused by imported inflation, the economies of these countries more uncertainty. Brazil’s central bank released the latest weekly market survey, analysts and economists in the country this year, inflation expectations raised by the 5.15% 5.2% 5 weeks for the third consecutive increase, above the central bank expected 4.5%.

Mantega the absence of the G20

Brazil’s Treasury spokesman, said Mantega will not attend the G20 meeting of finance ministers held in Korea in order to remain in the country participated in the study of possible monetary policy to control the excessive real appreciation.

Some analysts said that Mantega choose to remain in the domestic problem of dealing with their own currencies, seemed to imply that the G20 meeting of finance ministers of their not hold any hope. Foreign media also reported that a South Korean central bank official said the exchange rate for the current disputes between countries, the upcoming summit of the Group of 20 countries will not reach any substantive agreement on this.

Geithner even behind the U.S.

In addition to Brazil, the Euro group president, Juncker of Luxembourg in the Euro Group meeting, also said that exchange rate volatility has a negative impact on a global scale, the European response to the exchange rate to make the appropriate response.

U.S. dollar falling against the recent, 18, U.S. Treasury secretary said the United States does not seek to stimulate exports through currency devaluation and the economy.

Accused of many emerging market countries to step up the Federal Reserve printing money causing the continuous depreciation of U.S. dollar and triggered a lot of money flock to these markets. In this regard, Geithner said, whether the United States or any other country, it is impossible to economic prosperity through currency devaluation and increased competitiveness. Some analysts said that the recent dollar continued to fall sharply, but U.S. authorities have refused to comment, Geithner’s speech finally broke the silence of the U.S. government attitude, which can be seen as the dollar began bottoming out signal.

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Two-and-a-half tonnes of marijuana destroyed in Afghan school

Sunday, December 21, 2008

The combined efforts of agents from the Afghan Commandos and Coalition forces have led to the discovery and destruction of two-and-a-half tonnes of marijuana in an abandoned school in the southern Afghan province of Kandahar on Friday.

Kandah?r province or Qandahar (??????,{??????) is one of the largest of the thirty-four provinces of Afghanistan. It is located in southern Afghanistan, between Helamand, Oruzgan and Zabul provinces. Its capital is the city of Kandah?r, also spelled Qandah?r, (?????? or ??????), the second largest city in Afghanistan, with a population of 450,300 (2006 estimate). Kandahar City is located on the Arghandab River. The province has a population of nearly 890,000, with more than 300,000 living in its capital city. The main inhabitants of Kandahar province are the Pashtun people.

An improvised explosive device and an unexploded mortar round, both 100-meters away from the school, also were destroyed.Foot patrol by the combined forces yielded tips which led to the drug discovery. A Commando also discovered a large room filled with marijuana seeds. The marijuana was placed in two-foot-tall (0.6-meter) stacks that filled multiple 12ft-by-12ft rooms. Rust on the furniture suggests the Afghan schoolhouse may not have been used as such for a long period of time. No students or faculty were around at the time of the drug bust.

U.S. Forces Afghanistan spokesperson, Col. Jerry O’Hara said that “using drugs to fund insurgent activity is bad enough; using a school as a drug warehouse is an attack on the future of all Afghanistan.”

Xinhua has reported that “according to a recent U.N. report, Afghanistan produces over 90 percent of the world’s opium as Taliban militants will benefit nearly 500 million U.S. dollars from opium trade in 2008.”

Meanwhile, coalition troops have killed four militants in Zabul Province. They also detained five suspects on Saturday. Adm. Mike Mullen, chair of the Joint Chiefs of Staff, said that “the United States would send between 20,000 and 30,000 more forces to Afghanistan by summer.” “Those forces will primarily move into the country’s south, where the insurgency is the most entrenched,” he added.

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Senior citizen group seeks recovery of Medicare expenses from U.S. cigarette makers

Saturday, August 6, 2005

A U.S. lobbyist group, the United Seniors Association, filed a lawsuit in U.S. District Court in Boston to recover Medicare expenses related to tobacco smoking. The suit says there is a link between nicotine addiction and smoking-related diseases.

The first of its kind lawsuit seeks to recover as much as $60 billion in estimated Medicare expenses outlaid for treatment of lung cancer and emphysema patients.

The Medicare Secondary Payer Statute (MSP) allows someone to sue on behalf of Medicare. The medical expenses that another party was legally obligated to cover, in this case the tobacco companies if they are found liable in court, would be split between parties to the suit and Medicare. The MSP statute was entered in part because the government does not have the resources to prosecute every case under Medicare law.

Charles Jarvis, the CEO of the group said, “Our motivation is one of taxpayer protection.” He added, “Considering how badly the taxpayers have been injured financially, we believe the responsible parties — the tobacco companies — should be reimbursing the taxpayer to the greatest amount possible under the law.”

Currently, U.S. employees are taxed by Medicare at 1.45% of their earnings. This payroll tax amount is matched by their employer when paid to the IRS.

The lawsuit names Philip Morris USA, Lorillard Tobacco, the Liggett Group, and R.J. Reynolds Tobacco and two of its subsidiaries as defendants. The United Seniors Association is asking for twice the amount paid by Medicare to treat smoking related illnesses since 1999.

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No reprieve for Stanley Williams, Crips street gang founder

Tuesday, December 13, 2005

Stanley “Tookie” Williams, founder of the Crips street gangs, was executed by lethal injection in the State of California just after midnight local time Tuesday at the San Quentin State Prison after spending 24 years on death row. He was 51 years old.

Williams said no final words before his execution. It took two nurses 12 minutes to insert catheters into each of his arms, one nurse and one catheter per arm. The lethal doses were injected at 12:20 am, and Williams was pronounced dead at 12:35.

Hopes for clemency were dashed Monday when California Governor Arnold Schwarzenegger declined to commute Williams’s sentence to life imprisonment. Last minute appeals to the U.S. Supreme Court were also denied.

Williams was convicted in 1981 of the murder of Albert Owens during the robbery of a 7-Eleven convenience store, as well as the murders of motel owners Tsai-Shai and Yen-I Yang, and their daughter Yee Chen Lin in 1979.

Following his conviction, Williams became an outspoken anti-gang activist and was four times nominated for the Nobel Peace Prize. His anti-gang message began in 1993. He co-authored with Barbara Becnel an elementary school book series called “Tookie Speaks Out”, and wrote a memoir called “Blue Rage, Black Redemption.”

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Online Accounting Software 5 Basics That Everyone Should Know

Online Accounting Software 5 Basics That Everyone Should Know

by

Parker John 299

With the changing trends of technology, the demand for could based solutions are increasing rapidly over the years. Development of Mobile technology, Apps and could based software solutions has taken its stride to make the operations smarter, swifter and effective at any place of the world. This technology development has marked its presence in the field of accounting as well. So far, accounting has been considered as the most essential aspect for any individual or business concern. Everyone needs to keep the accounting on track so as to comply with the regulatory norms and standard business practices. This is the reason why there is a distinct popularity observed among the mass for online accounting software. With so much popularity, on this advanced application, here are 5 basic factors that everyone should know while going for any Online or cloud based accounting software.

GAAP (Generally Accepted Accounting Principle): GAAP refers to a standard set of rules and regulations that are practices over a certain geographical jurisdiction. While going for any type of cloud accounting software, the beneficiary should know his jurisdiction and should check if any particular online software provides the same facility for the desired jurisdiction.

[youtube]http://www.youtube.com/watch?v=LN_YwcN9uEk[/youtube]

Double Entry System of Accounting: This is one of the most popular and standard entry systems of accounting and book keeping practices globally. Most of the standard accounting procedures accepts Double-Entry System of Accounting for smooth record keeping. While going for any online invoicing software, the subscribers should confirm if the software provides double entry system of accounting for individuals and business entities.

Features for Asset and Stock Management: As an essential part of accountancy is recording of assets, stocks and liabilities are very much important for any accounting. Hence while subscribing to any online accounting software or subscribing any mobile invoicing app, one must look into the package of existence of these vital factors. This will not only make the accounting smooth, but also save the user from a lot of headaches, that might be possible for final accounting.

Billing and Invoicing: Any invoicing app must have the facility of billing and invoicing. But additional features such as recording the names of parties, with their address and other essential data are definitely features worth looking for. The online invoicing software should have features for email management, contact management, billing management along with invoicing features.

Protection of accounting information: While going for any cloud based accounting solution, one must ensure the safety of information. Accounting is vital for any individual or business and even a single entry loss may account for significant loss or tax liability. Ensuring every record is kept safe is the primary focus of accounting and these information should be protected, backed up and should be retrievable as and when desired from the cloud.

Online and cloud-based accountings are two distinct accounting procedures that are being operated over the virtual world of internet. One needs to understand the basic requirements and look for solutions that are affordable and easy with any such invoicing app. If one intends to go for Mobile based accounting platform, he should make sure that all basic features should be available so as to make this a complete accounting solution.

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Al-Jazeera airs new video of Ayman al-Zawahri

Tuesday, January 31, 2006

The Qatar-based Arabic language television network al-Jazeera has aired a new tape of al-Qaeda’s second-in-command, Ayman al-Zawahri. In his first video appearance to mention the Peshawar province missile attack in Pakistan, Al-Zawahri refers to the alleged strike on himself and calls United States President George W. Bush, a “butcher” and a “failure”.

On the tape, al-Zawahri says he survived an American air strike targeting him in eastern Pakistan on January 13. The air strike killed 13 villagers and led to widespread demonstrations in Pakistan for the alleged deaths of civilians. The U.S. has made no official claim of responsibility for the cross-border attack from Afghanistan.

“Butcher of Washington, you are not only defeated and a liar, but also a failure. You are a curse on your own nation and you have brought and will bring them only catastrophes and tragedies,” Zawahri said, referring to President Bush. “Bush, do you know where I am? I am among the Muslim masses.”

al-Zawahri also threatened the citizens of Britain and the U.S.A. in the tape; “The lion of Islam, Sheik Osama bin Laden, may God protect him, offered you a decent exit from your dilemma. But your leaders, who are keen to accumulate wealth, insist on throwing you in battles and killing your souls in Iraq and Afghanistan and — God willing — on your own land.”

A U.S. counterterrorism official said to AP reporters on condition of anonymity, that the message broadcast by al-Jazeera indicates that al-Qaeda believed it was important to show that al-Zawahri is alive. The U.S. official also noted that the video was delivered quickly, demonstrating al-Zawahri’s ability to get his message out even faster than bin Laden. As al-Zawahri make a reference to Osama Bin Laden’s offering of a truce, it appears this tape is recorded not more than 12 days ago, which make a very short time according to al-Qaeda standards.

It has been widely reported, but not confirmed, that some al-Qaeda operatives were killed by the U.S. airstrike on the village of Damadola in Pakistan.

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Ab Circle Professional Review Why Should You Get Ab Circle Professional?

Submitted by: Danaop Kline

Now offered right here is a quick critique of this residence gymnasium devices:

Ab Circle Pro Overview

* This exerciser facilitates you exercising in all probable postures of the routines.

* The users report on the internet in their responses that they could see its outcomes in a number of days only. They also lost 10 pounds in 2 weeks only.

* It allows you do even the extreme cardio exercises without having any qualified trainers.

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* In site of long hrs in the gym, you need to give only 25 minutes to the Ab Circle Pro.

* Its crucial characteristic is the friction no cost track that helps you workout the sides of the waist as nicely.

* This exerciser aids you work out even the rough portions of the physique extra fat like hips, thighs, reduce abdomen, and so on.

* This item comes along with a DVD that trains you a lot of new & helpful exercise routines.

* Also it comprises of diet tutorial that will help you consume nutritious & balanced.

Ab Circle Pro Free of charge Trial

You can check out this exerciser for thirty days in just $ 14.95. Immediately after this time span you may perhaps return it to the corporation if you do not like it. But with the kind of final results it yields, you would by no means have to have to do that.

A very good query, been asked by a lot of men and women, is what variety of exercise ought to a person do just after a prolonged time period of absence from the health and fitness center. Nicely, when I initial started off operating out in 1993, the guideline was when returning to the gymnasium soon after allow say a month, circle training is excellent in buy to arrive back into shape. And by stating circle schooling, we imply coaching all the body components in a single exercise day, one particular after the other.

For instance: two sets chest, two back, 2 arms (biceps-triceps), two shoulders and 2 legs, all of that followed by some abs instruction of program. So far, that sounds Okay aiming to manage to get back to the normal exercising routine. Most people operating in offices have sedentary way of living which is not at all great for overall health consequently you have to seem for a little something to retain by yourself in shape. You can get treatment of that if you have 1 Ab Circle Professional that will give you complete workout by toning your muscles specifically your abs devoid of heading to a gym rather getting your incredibly personal at dwelling.

Ab Circle Pro is a compact health and fitness center for you that can help you to get in shape. There are 3 resistance ranges, so in the beginning you can start out with the essentials and then when your fitness stage maximize, you can transfer up to the up coming degree. It will assist you with functioning out to tone your abs along with your cardio session simultaneously.

The Ab Circle Professional has a exceptional friction absolutely free track that allows the swinging movement transferring aspect to side toning the abdomen muscular tissues and working on the reduce element of the body. The constant motion exercise routines your hips and the waist line offering you the flat attractive abs.

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Baby in California born with 12 functioning fingers and toes, in a rare case of polydactylism

Tuesday, February 3, 2009

A six-pound infant born in San Francisco, California has six perfectly formed and functional fingers and toes on his hands and feet, so that it isn’t considered a disability or deformity, say doctors at Saint Luke’s Hospital who were amazed by the oddity.

In a medical rarity, super baby Kamani Hubbard was born two weeks ago with 24 working digits. He is healthy and home with his parents in Daly City, California. Polydactyly, a congenital disorder is not uncommon in humans and animals, including cats, but to happen on both hands and feet is a rare hereditary condition.

“Nurses and doctors, looked so normal they couldn’t tell, they told me he was six pounds in good health, that was all they said,” said Miryoki Gross, Hubbard’s mother. Her baby’s specialness didn’t even show up on prenatal ultrasounds. “I heard nothing before I gave birth so I’m still in shock, kinda,” Gross added. Despite the mother’s shock, Kamani’s father, Kris, was the first to notice the condition.

Polydactyly (from Ancient Greek means ‘?????’ (polus) or “many” + ‘????????’ (daktulos) “finger[s]”), also known as polydactylism, sexdactyly, hexadactyly, or hexadactylism, is a congenital physical disorder consisting of supernumerary fingers or toes.

In Kamani’s case, however, all of the digits are perfectly formed and function or work normally. “I was in amazement, it took a little time for me to take it all in,” said Kris, a postal worker, who has a family history of polydactylism, but none of his relatives can remember it happening on both hands and feet.

Mostly, cases of polydactyly are surgically corrected. Kris himself had nubs of sixth digits, which were removed during his early childhood, for having been non-functional. “My son has six fingers then I saw toes, and I thought, this is quite unique. Some family members have had six fingers, not completely developed. But not the toes,” Kris noted.

“I would be tempted to leave those fingers in place. I realize children would tease each other over the slightest things, and having extra digits on each hand is more than slight. But imagine what sort of a pianist a 12-fingered person would be imagine what sort of a flamenco guitarist, if nothing else think of their typing skills,” Dr. Treece remarked.

“I just want him to see what greatness will be in store for him,” said Kris.

Fully developed and functional extra digits on both hands and feet are considered very rare as a genetic trait in medical history, amid some partial development of an extra digit occurs about twice in every 1,000 white male births. Ordinarily, polydactylism appears as an extra piece of non-functional tissue, typically occurring as an extra finger, sometimes with a bone, but no joint.

“It’s merely an interesting and beautiful variation rather than a worrisome thing,” said Dr. Michael Treece, a St. Luke’s Hospital pediatrician, and the OBGYN who delivered Kamani. He has postaxial polydactyly, which is 10 times more likely to occur in black children, and also more likely to appear in boys.

Goliath, a figure in Old Testament, was depicted as having had six fingers on each hand and six toes on each foot.

Blues guitarist Hound Dog Taylor, Get Carter, Little Tich, Toyotomi Hideyoshi and several other figures in history have had polydactyly. Sid Wilson, a turntablist of Slipknot, had been born with an extra finger and toe on his hands and feet which were removed shortly after his birth as doctors considered them to be dead.

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Plane crashes into office block in Austin, Texas/suicide note

This is the online suicide letter authored by Andrew Stack, the man believed to be responsible for flying a light aircraft into a building in Austin, Texas. It was originally posted at Stack’s site, http://embeddedart.com/. The hosting company, T35, took the site offline per an FBI request. The note is reproduced here in its entirety.

If you’re reading this, you’re no doubt asking yourself, “Why did this have to happen?” The simple truth is that it is complicated and has been coming for a long time. The writing process, started many months ago, was intended to be therapy in the face of the looming realization that there isn’t enough therapy in the world that can fix what is really broken. Needless to say, this rant could fill volumes with example after example if I would let it. I find the process of writing it frustrating, tedious, and probably pointless… especially given my gross inability to gracefully articulate my thoughts in light of the storm raging in my head. Exactly what is therapeutic about that I’m not sure, but desperate times call for desperate measures.

We are all taught as children that without laws there would be no society, only anarchy. Sadly, starting at early ages we in this country have been brainwashed to believe that, in return for our dedication and service, our government stands for justice for all. We are further brainwashed to believe that there is freedom in this place, and that we should be ready to lay our lives down for the noble principals represented by its founding fathers. Remember? One of these was “no taxation without representation”. I have spent the total years of my adulthood unlearning that crap from only a few years of my childhood. These days anyone who really stands up for that principal is promptly labeled a “crackpot”, traitor and worse.

While very few working people would say they haven’t had their fair share of taxes (as can I), in my lifetime I can say with a great degree of certainty that there has never been a politician cast a vote on any matter with the likes of me or my interests in mind. Nor, for that matter, are they the least bit interested in me or anything I have to say.

Why is it that a handful of thugs and plunderers can commit unthinkable atrocities (and in the case of the GM executives, for scores of years) and when it’s time for their gravy train to crash under the weight of their gluttony and overwhelming stupidity, the force of the full federal government has no difficulty coming to their aid within days if not hours? Yet at the same time, the joke we call the American medical system, including the drug and insurance companies, are murdering tens of thousands of people a year and stealing from the corpses and victims they cripple, and this country’s leaders don’t see this as important as bailing out a few of their vile, rich cronies. Yet, the political “representatives” (thieves, liars, and self-serving scumbags is far more accurate) have endless time to sit around for year after year and debate the state of the “terrible health care problem”. It’s clear they see no crisis as long as the dead people don’t get in the way of their corporate profits rolling in.

And justice? You’ve got to be kidding!

How can any rational individual explain that white elephant conundrum in the middle of our tax system and, indeed, our entire legal system? Here we have a system that is, by far, too complicated for the brightest of the master scholars to understand. Yet, it mercilessly “holds accountable” its victims, claiming that they’re responsible for fully complying with laws not even the experts understand. The law “requires” a signature on the bottom of a tax filing; yet no one can say truthfully that they understand what they are signing; if that’s not “duress” than [sic] what is. If this is not the measure of a totalitarian regime, nothing is.

How did I get here?

My introduction to the real American nightmare starts back in the early ‘80s. Unfortunately after more than 16 years of school, somewhere along the line I picked up the absurd, pompous notion that I could read and understand plain English. Some friends introduced me to a group of people who were having ‘tax code’ readings and discussions. In particular, zeroed in on a section relating to the wonderful “exemptions” that make institutions like the vulgar, corrupt Catholic Church so incredibly wealthy. We carefully studied the law (with the help of some of the “best”, high-paid, experienced tax lawyers in the business), and then began to do exactly what the “big boys” were doing (except that we weren’t steeling [sic] from our congregation or lying to the government about our massive profits in the name of God). We took a great deal of care to make it all visible, following all of the rules, exactly the way the law said it was to be done.

The intent of this exercise and our efforts was to bring about a much-needed re-evaluation of the laws that allow the monsters of organized religion to make such a mockery of people who earn an honest living. However, this is where I learned that there are two “interpretations” for every law; one for the very rich, and one for the rest of us… Oh, and the monsters are the very ones making and enforcing the laws; the inquisition is still alive and well today in this country.

That little lesson in patriotism cost me $40,000+, 10 years of my life, and set my retirement plans back to 0. It made me realize for the first time that I live in a country with an ideology that is based on a total and complete lie. It also made me realize, not only how naive I had been, but also the incredible stupidity of the American public; that they buy, hook, line, and sinker, the crap about their “freedom”… and that they continue to do so with eyes closed in the face of overwhelming evidence and all that keeps happening in front of them.

Before even having to make a shaky recovery from the sting of the first lesson on what justice really means in this country (around 1984 after making my way through engineering school and still another five years of “paying my dues”), I felt I finally had to take a chance of launching my dream of becoming an independent engineer.

On the subjects of engineers and dreams of independence, I should digress somewhat to say that I’m sure that I inherited the fascination for creative problem solving from my father. I realized this at a very young age.

The significance of independence, however, came much later during my early years of college; at the age of 18 or 19 when I was living on my own as student in an apartment in Harrisburg, Pennsylvania. My neighbor was an elderly retired woman (80+ seemed ancient to me at that age) who was the widowed wife of a retired steel worker. Her husband had worked all his life in the steel mills of central Pennsylvania with promises from big business and the union that, for his 30 years of service, he would have a pension and medical care to look forward to in his retirement. Instead he was one of the thousands who got nothing because the incompetent mill management and corrupt union (not to mention the government) raided their pension funds and stole their retirement. All she had was social security to live on.

In retrospect, the situation was laughable because here I was living on peanut butter and bread (or Ritz crackers when I could afford to splurge) for months at a time. When I got to know this poor figure and heard her story I felt worse for her plight than for my own (I, after all, I thought I had everything to in front of me). I was genuinely appalled at one point, as we exchanged stories and commiserated with each other over our situations, when she in her grandmotherly fashion tried to convince me that I would be “healthier” eating cat food (like her) rather than trying to get all my substance from peanut butter and bread. I couldn’t quite go there, but the impression was made. I decided that I didn’t trust big business to take care of me, and that I would take responsibility for my own future and myself.

Return to the early ‘80s, and here I was off to a terrifying start as a ‘wet-behind-the-ears’ contract software engineer… and two years later, thanks to the fine backroom, midnight effort by the sleazy executives of Arthur Andersen (the very same folks who later brought us Enron and other such calamities) and an equally sleazy New York Senator (Patrick Moynihan), we saw the passage of 1986 tax reform act with its section 1706.

For you who are unfamiliar, here is the core text of the IRS Section 1706, defining the treatment of workers (such as contract engineers) for tax purposes. Visit this link for a conference committee report (http://www.synergistech.com/1706.shtml#ConferenceCommitteeReport) regarding the intended interpretation of Section 1706 and the relevant parts of Section 530, as amended. For information on how these laws affect technical services workers and their clients, read our discussion here (http://www.synergistech.com/ic-taxlaw.shtml).

SEC. 1706. TREATMENT OF CERTAIN TECHNICAL PERSONNEL.

(a) IN GENERAL – Section 530 of the Revenue Act of 1978 is amended by adding at the end thereof the following new subsection:

(d) EXCEPTION. – This section shall not apply in the case of an individual who pursuant to an arrangement between the taxpayer and another person, provides services for such other person as an engineer, designer, drafter, computer programmer, systems analyst, or other similarly skilled worker engaged in a similar line of work.

(b) EFFECTIVE DATE. – The amendment made by this section shall apply to remuneration paid and services rendered after December 31, 1986.

Note:

· “another person” is the client in the traditional job-shop relationship.

· “taxpayer” is the recruiter, broker, agency, or job shop.

· “individual”, “employee”, or “worker” is you.

Admittedly, you need to read the treatment to understand what it is saying but it’s not very complicated. The bottom line is that they may as well have put my name right in the text of section (d). Moreover, they could only have been more blunt if they would have came out and directly declared me a criminal and non-citizen slave. Twenty years later, I still can’t believe my eyes.

During 1987, I spent close to $5000 of my ‘pocket change’, and at least 1000 hours of my time writing, printing, and mailing to any senator, congressman, governor, or slug that might listen; none did, and they universally treated me as if I was wasting their time. I spent countless hours on the L.A. freeways driving to meetings and any and all of the disorganized professional groups who were attempting to mount a campaign against this atrocity. This, only to discover that our efforts were being easily derailed by a few moles from the brokers who were just beginning to enjoy the windfall from the new declaration of their “freedom”. Oh, and don’t forget, for all of the time I was spending on this, I was loosing income that I couldn’t bill clients.

After months of struggling it had clearly gotten to be a futile exercise. The best we could get for all of our trouble is a pronouncement from an IRS mouthpiece that they weren’t going to enforce that provision (read harass engineers and scientists). This immediately proved to be a lie, and the mere existence of the regulation began to have its impact on my bottom line; this, of course, was the intended effect.

Again, rewind my retirement plans back to 0 and shift them into idle. If I had any sense, I clearly should have left abandoned engineering and never looked back.

Instead I got busy working 100-hour workweeks. Then came the L.A. depression of the early 1990s. Our leaders decided that they didn’t need the all of those extra Air Force bases they had in Southern California, so they were closed; just like that. The result was economic devastation in the region that rivaled the widely publicized Texas S&L fiasco. However, because the government caused it, no one gave a shit about all of the young families who lost their homes or street after street of boarded up houses abandoned to the wealthy loan companies who received government funds to “shore up” their windfall. Again, I lost my retirement.

Years later, after weathering a divorce and the constant struggle trying to build some momentum with my business, I find myself once again beginning to finally pick up some speed. Then came the .COM bust and the 911 nightmare. Our leaders decided that all aircraft were grounded for what seemed like an eternity; and long after that, ‘special’ facilities like San Francisco were on security alert for months. This made access to my customers prohibitively expensive. Ironically, after what they had done the Government came to the aid of the airlines with billions of our tax dollars … as usual they left me to rot and die while they bailed out their rich, incompetent cronies WITH MY MONEY! After these events, there went my business but not quite yet all of my retirement and savings.

By this time, I’m thinking that it might be good for a change. Bye to California, I’ll try Austin for a while. So I moved, only to find out that this is a place with a highly inflated sense of self-importance and where damn little real engineering work is done. I’ve never experienced such a hard time finding work. The rates are 1/3 of what I was earning before the crash, because pay rates here are fixed by the three or four large companies in the area who are in collusion to drive down prices and wages… and this happens because the justice department is all on the take and doesn’t give a fuck about serving anyone or anything but themselves and their rich buddies.

To survive, I was forced to cannibalize my savings and retirement, the last of which was a small IRA. This came in a year with mammoth expenses and not a single dollar of income. I filed no return that year thinking that because I didn’t have any income there was no need. The sleazy government decided that they disagreed. But they didn’t notify me in time for me to launch a legal objection so when I attempted to get a protest filed with the court I was told I was no longer entitled to due process because the time to file ran out. Bend over for another $10,000 helping of justice.

So now we come to the present. After my experience with the CPA world, following the business crash I swore that I’d never enter another accountant’s office again. But here I am with a new marriage and a boatload of undocumented income, not to mention an expensive new business asset, a piano, which I had no idea how to handle. After considerable thought I decided that it would be irresponsible NOT to get professional help; a very big mistake.

When we received the forms back I was very optimistic that they were in order. I had taken all of the years information to Bill Ross, and he came back with results very similar to what I was expecting. Except that he had neglected to include the contents of Sheryl’s unreported income; $12,700 worth of it. To make matters worse, Ross knew all along this was missing and I didn’t have a clue until he pointed it out in the middle of the audit. By that time it had become brutally evident that he was representing himself and not me.

This left me stuck in the middle of this disaster trying to defend transactions that have no relationship to anything tax-related (at least the tax-related transactions were poorly documented). Things I never knew anything about and things my wife had no clue would ever matter to anyone. The end result is… well, just look around.

I remember reading about the stock market crash before the “great” depression and how there were wealthy bankers and businessmen jumping out of windows when they realized they screwed up and lost everything. Isn’t it ironic how far we’ve come in 60 years in this country that they now know how to fix that little economic problem; they just steal from the middle class (who doesn’t have any say in it, elections are a joke) to cover their asses and it’s “business-as-usual”. Now when the wealthy fuck up, the poor get to die for the mistakes… isn’t that a clever, tidy solution.

As government agencies go, the FAA is often justifiably referred to as a tombstone agency, though they are hardly alone. The recent presidential puppet GW Bush and his cronies in their eight years certainly reinforced for all of us that this criticism rings equally true for all of the government. Nothing changes unless there is a body count (unless it is in the interest of the wealthy sows at the government trough). In a government full of hypocrites from top to bottom, life is as cheap as their lies and their self-serving laws.

I know I’m hardly the first one to decide I have had all I can stand. It has always been a myth that people have stopped dying for their freedom in this country, and it isn’t limited to the blacks, and poor immigrants. I know there have been countless before me and there are sure to be as many after. But I also know that by not adding my body to the count, I insure nothing will change. I choose to not keep looking over my shoulder at “big brother” while he strips my carcass, I choose not to ignore what is going on all around me, I choose not to pretend that business as usual won’t continue; I have just had enough.

I can only hope that the numbers quickly get too big to be white washed and ignored that the American zombies wake up and revolt; it will take nothing less. I would only hope that by striking a nerve that stimulates the inevitable double standard, knee-jerk government reaction that results in more stupid draconian restrictions people wake up and begin to see the pompous political thugs and their mindless minions for what they are. Sadly, though I spent my entire life trying to believe it wasn’t so, but violence not only is the answer, it is the only answer. The cruel joke is that the really big chunks of shit at the top have known this all along and have been laughing, at and using this awareness against, fools like me all along.

I saw it written once that the definition of insanity is repeating the same process over and over and expecting the outcome to suddenly be different. I am finally ready to stop this insanity. Well, Mr. Big Brother IRS man, let’s try something different; take my pound of flesh and sleep well.

The communist creed: From each according to his ability, to each according to his need.

The capitalist creed: From each according to his gullibility, to each according to his greed.

Joe Stack (1956-2010)

02/18/2010

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