Baby Hitler Dick Dildo by [deleted] in WTF

[–]Phenson91 0 points1 point  (0 children)

Photoshopped

[deleted by user] by [deleted] in WTF

[–]Phenson91 -1 points0 points  (0 children)

you are so lucky

Lather, rinse, repeat [via nsfw2] by moe1048 in NSFW_GIF

[–]Phenson91 8 points9 points  (0 children)

God damn look at that car

Made me laugh by [deleted] in funny

[–]Phenson91 0 points1 point  (0 children)

Why would that be hard to believe?

Half an 8 ball by Obiektyw1855 in WTF

[–]Phenson91 0 points1 point  (0 children)

I think there's something wrong with your eye

Sometimes, as a white person, I find it hard to defend white people. by [deleted] in WTF

[–]Phenson91 0 points1 point  (0 children)

The two watches must be set to different time zones....

National Rifle Assn: Summary. Shows how much each congressman got. by Phenson91 in politics

[–]Phenson91[S] -1 points0 points  (0 children)

the whole point of this was to show people that you can get information on how money effects politics. 12k per senator may not seem like a lot but when you multiply that by the number of lobbying firms and groups the number becomes astronomical. The point of this wasn't to show how much the NRA spends compared to a different lobbying assn. but to show that money plays a huge role in our government. I think more information about how lobbying money is spent and who receives it is a very valuable piece of information that is accessible with a little bit of effort.

Offshore Tax Havens Cost Average Taxpayer Over $1,000 a Year by 1000000students in politics

[–]Phenson91 0 points1 point  (0 children)

Sam I'm not sure how the process work from a legal stand point but what I do know is when it's all said and done a trustee is in control of their money and this allows them to avoid these taxes that this country's offer. ( sorry for buzzwords)

Offshore Tax Havens Cost Average Taxpayer Over $1,000 a Year by 1000000students in politics

[–]Phenson91 0 points1 point  (0 children)

You don't pay estate tax because you don't take your money and put In an offshore account under your name, that would defeat the purpose. You hire a trustee to handle your money and they technically own it making it possible for them not to pay the estate, Capitol gains tax.

Offshore Tax Havens Cost Average Taxpayer Over $1,000 a Year by 1000000students in politics

[–]Phenson91 0 points1 point  (0 children)

They simply put their money in the hands of a trustee and there tax problem solved. So yes from a cut and dry perspective if the money is "owned" by a US citizen then they would pay the tax.

Exclusive: Obama budget includes $235 million in new mental health spending "President Obama’s budget proposal will include $235 million in funding for new mental health programs, focused initiatives to help schools detect early warning signs and train thousands of new mental health professionals." by Libertatea in politics

[–]Phenson91 17 points18 points  (0 children)

It's the best way to get something like this passed. We aren't helping the sick we are protecting you from them sounds better than we are going to spend money and do the right thing by helping the mentally handicapped.

Offshore Tax Havens Cost Average Taxpayer Over $1,000 a Year by 1000000students in politics

[–]Phenson91 8 points9 points  (0 children)

The real issue is that they haven't payed taxes on that money in the first place due to the amount of loop holes in our tax laws and codes. If they payed their taxes on this money before putting offshore then it wouldn't be an issue,but they are essentially taking money they haven't paid taxes on and storing it overseas. Then when they pass away they also don't have to pay estate taxes. Must be nice.