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	<title>Comments on: GlennTax slammed</title>
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	<link>http://www.peachpundit.com/2007/11/11/glenntax-slammed/</link>
	<description>Fresh Political Pickins From The Peach State</description>
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		<title>By: jm</title>
		<link>http://www.peachpundit.com/2007/11/11/glenntax-slammed/comment-page-1/#comment-95931</link>
		<dc:creator>jm</dc:creator>
		<pubDate>Thu, 15 Nov 2007 04:17:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.peachpundit.com/2007/11/11/glenntax-slammed/#comment-95931</guid>
		<description>GOPeach: huh? America&#039;s middle class is the product of post WWII prosperity, and the New Deal, GI Bill, and a few other things that are paid for with taxes.  Since that period of &quot;prosperity&quot; 100 years ago, we had a long period of depression, in fact a period so great they called it &quot;The Great Depression.&quot; 25% of our nation&#039;s workers had no job.  After we raised some taxes and instituted some programs (and went to war) is when we began our period of prosperity.</description>
		<content:encoded><![CDATA[<p>GOPeach: huh? America&#8217;s middle class is the product of post WWII prosperity, and the New Deal, GI Bill, and a few other things that are paid for with taxes.  Since that period of &#8220;prosperity&#8221; 100 years ago, we had a long period of depression, in fact a period so great they called it &#8220;The Great Depression.&#8221; 25% of our nation&#8217;s workers had no job.  After we raised some taxes and instituted some programs (and went to war) is when we began our period of prosperity.</p>
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		<title>By: GOPeach</title>
		<link>http://www.peachpundit.com/2007/11/11/glenntax-slammed/comment-page-1/#comment-95756</link>
		<dc:creator>GOPeach</dc:creator>
		<pubDate>Tue, 13 Nov 2007 23:45:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.peachpundit.com/2007/11/11/glenntax-slammed/#comment-95756</guid>
		<description>At first I thought this was funny...then 
I realized the awful truth of it. Please, 
be sure to read all the way to the end! 

Tax his land, 
Tax his bed, 
Tax the table 
At which he&#039;s fed. 

Tax his tractor, 
Tax his mule, 
Teach him taxes 
Are the rule. 

Tax his cow, 
Tax his goat, 
Tax his pants, 
Tax his coat. 

Tax his ties, 
Tax his shirt, 
Tax his work, 
Tax his dirt. 

Tax his tobacco, 
Tax his drink, 
Tax him if he 
Tries to think. 

Tax his cigars, 
Tax his beers, 
If he cries, then
Tax his tears. 

Tax his car, 
Tax his gas, 
Find other ways 
To tax his ass. 

Tax all he has 
Then let him know, 
That you won&#039;t be done 
Till he has no dough. 

When he screams and hollers, 
Then tax him some more, 
Tax him till 
He&#039;s good and sore. 

Then tax his coffin , 
Tax his grave, 
Tax the sod in 
Which he&#039;s laid. 

Put these words 
upon his tomb, 
&quot; Taxes drove me to my doom...&quot; 

When he&#039;s gone, 
Do not relax, 
Its time to apply 
The inheritance tax. 

Accounts Receivable Tax 
Building Permit Tax 
CDL license Tax 
Cigarette Tax 
Corporate Income Tax 
Dog License Tax 
Excise Taxes 
Federal Income Tax 
Federal Unemployment Tax (FUTA) 
Fishing License Tax 
Food License Tax
Fuel Permit Tax 
Gasoline Tax (42 cents per gallon) 
Gross Receipts Tax 
Hunting License Tax 
Inheritance Tax 
Inventor y Tax 
IRS Interest Charges IRS Penalties (tax on top of tax) 
Liquor Tax 
Luxury Taxes 
Marriage License Tax 
Medicare Tax 
Personal Property Tax 
Property Tax 
Real Estate Tax 
Service Charge Tax
Social Security Tax 
Road Usage Tax
Sales Tax 
Recreational Vehicle Tax 
School Tax 
State Income Tax 
State Unemployment Tax (SUTA) 
Telephone Federal Excise Tax 
Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Taxes 
Telephone Minimum Usage Surcharge Tax 
Telephone Recurring and Non-recurring Charges Tax 
Telephone State and Local Tax 
Telephone Usage Charge Tax 
Utility Taxes 
Vehicle License Registration Tax 
Vehicle Sales Tax 
Watercraft Registration Tax 
Well Permit Tax 
Workers Compensation Tax 

STILL THINK THIS IS FUNNY? 
Not one of these taxes existed 100 years ago, and our nation was the most prosperous in the world. We had absolutely no national debt,  had the largest middle income group in the world, and Mom stayed home to 
raise the kids. 

What the hell happened? 

Can you spell &quot;politicians!&quot; 

And, on top of that, we have to &quot;press 1&quot; for English!!!</description>
		<content:encoded><![CDATA[<p>At first I thought this was funny&#8230;then<br />
I realized the awful truth of it. Please,<br />
be sure to read all the way to the end! </p>
<p>Tax his land,<br />
Tax his bed,<br />
Tax the table<br />
At which he&#8217;s fed. </p>
<p>Tax his tractor,<br />
Tax his mule,<br />
Teach him taxes<br />
Are the rule. </p>
<p>Tax his cow,<br />
Tax his goat,<br />
Tax his pants,<br />
Tax his coat. </p>
<p>Tax his ties,<br />
Tax his shirt,<br />
Tax his work,<br />
Tax his dirt. </p>
<p>Tax his tobacco,<br />
Tax his drink,<br />
Tax him if he<br />
Tries to think. </p>
<p>Tax his cigars,<br />
Tax his beers,<br />
If he cries, then<br />
Tax his tears. </p>
<p>Tax his car,<br />
Tax his gas,<br />
Find other ways<br />
To tax his ass. </p>
<p>Tax all he has<br />
Then let him know,<br />
That you won&#8217;t be done<br />
Till he has no dough. </p>
<p>When he screams and hollers,<br />
Then tax him some more,<br />
Tax him till<br />
He&#8217;s good and sore. </p>
<p>Then tax his coffin ,<br />
Tax his grave,<br />
Tax the sod in<br />
Which he&#8217;s laid. </p>
<p>Put these words<br />
upon his tomb,<br />
&#8221; Taxes drove me to my doom&#8230;&#8221; </p>
<p>When he&#8217;s gone,<br />
Do not relax,<br />
Its time to apply<br />
The inheritance tax. </p>
<p>Accounts Receivable Tax<br />
Building Permit Tax<br />
CDL license Tax<br />
Cigarette Tax<br />
Corporate Income Tax<br />
Dog License Tax<br />
Excise Taxes<br />
Federal Income Tax<br />
Federal Unemployment Tax (FUTA)<br />
Fishing License Tax<br />
Food License Tax<br />
Fuel Permit Tax<br />
Gasoline Tax (42 cents per gallon)<br />
Gross Receipts Tax<br />
Hunting License Tax<br />
Inheritance Tax<br />
Inventor y Tax<br />
IRS Interest Charges IRS Penalties (tax on top of tax)<br />
Liquor Tax<br />
Luxury Taxes<br />
Marriage License Tax<br />
Medicare Tax<br />
Personal Property Tax<br />
Property Tax<br />
Real Estate Tax<br />
Service Charge Tax<br />
Social Security Tax<br />
Road Usage Tax<br />
Sales Tax<br />
Recreational Vehicle Tax<br />
School Tax<br />
State Income Tax<br />
State Unemployment Tax (SUTA)<br />
Telephone Federal Excise Tax<br />
Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Taxes<br />
Telephone Minimum Usage Surcharge Tax<br />
Telephone Recurring and Non-recurring Charges Tax<br />
Telephone State and Local Tax<br />
Telephone Usage Charge Tax<br />
Utility Taxes<br />
Vehicle License Registration Tax<br />
Vehicle Sales Tax<br />
Watercraft Registration Tax<br />
Well Permit Tax<br />
Workers Compensation Tax </p>
<p>STILL THINK THIS IS FUNNY?<br />
Not one of these taxes existed 100 years ago, and our nation was the most prosperous in the world. We had absolutely no national debt,  had the largest middle income group in the world, and Mom stayed home to<br />
raise the kids. </p>
<p>What the hell happened? </p>
<p>Can you spell &#8220;politicians!&#8221; </p>
<p>And, on top of that, we have to &#8220;press 1&#8243; for English!!!</p>
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		<title>By: dorian</title>
		<link>http://www.peachpundit.com/2007/11/11/glenntax-slammed/comment-page-1/#comment-95456</link>
		<dc:creator>dorian</dc:creator>
		<pubDate>Mon, 12 Nov 2007 12:48:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.peachpundit.com/2007/11/11/glenntax-slammed/#comment-95456</guid>
		<description>I had never thought about tax increment funding in the context of the Glenntax.  Kudos to Aubie for a GREAT post!</description>
		<content:encoded><![CDATA[<p>I had never thought about tax increment funding in the context of the Glenntax.  Kudos to Aubie for a GREAT post!</p>
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		<title>By: Still Looking</title>
		<link>http://www.peachpundit.com/2007/11/11/glenntax-slammed/comment-page-1/#comment-95410</link>
		<dc:creator>Still Looking</dc:creator>
		<pubDate>Mon, 12 Nov 2007 03:25:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.peachpundit.com/2007/11/11/glenntax-slammed/#comment-95410</guid>
		<description>I have much more confidence in my local county government than I do in the legislature.  Local government officials understand how local government works and what is important to the average citizien.  Meanwhile most state reps and senators are working like crazy to do something relevant. There is no reason to send tax dollars intended for local government to State government. That&#039;s nuts!</description>
		<content:encoded><![CDATA[<p>I have much more confidence in my local county government than I do in the legislature.  Local government officials understand how local government works and what is important to the average citizien.  Meanwhile most state reps and senators are working like crazy to do something relevant. There is no reason to send tax dollars intended for local government to State government. That&#8217;s nuts!</p>
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		<title>By: Holly</title>
		<link>http://www.peachpundit.com/2007/11/11/glenntax-slammed/comment-page-1/#comment-95409</link>
		<dc:creator>Holly</dc:creator>
		<pubDate>Mon, 12 Nov 2007 03:21:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.peachpundit.com/2007/11/11/glenntax-slammed/#comment-95409</guid>
		<description>Kudos to Mike Ryan.</description>
		<content:encoded><![CDATA[<p>Kudos to Mike Ryan.</p>
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		<title>By: AubieTurtle</title>
		<link>http://www.peachpundit.com/2007/11/11/glenntax-slammed/comment-page-1/#comment-95381</link>
		<dc:creator>AubieTurtle</dc:creator>
		<pubDate>Sun, 11 Nov 2007 21:58:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.peachpundit.com/2007/11/11/glenntax-slammed/#comment-95381</guid>
		<description>What would be the legal ramifications of the speaker&#039;s tax on TAD/TIF bonds?  Millions (possibly hundreds of millions or even billions) of TAD bonds have been issued in the state of Georgia.  Property owners in the TAD areas have seen the money from those bonds spent on projects that vastly increased the value of their property.  This was done in return for those property owners agreeing that their new higher property taxes on their new higher valued property would go to repay the bonds.

If all property tax is done away with, how do the bonds get repaid?  The bond holders certainly aren&#039;t just going to go away.  Can they sue and win over this issue?  

Pulling money out of the general fund to pay off TAD bonds seems like a bad idea for two reasons.   The first is that the property owners in TAD areas got a bunch of public money for improvements to their property.  They&#039;ve already received the benefit but if property taxes are done away with, the burden of repayment will fall on all taxpayers, not just those who got their property improved in exchange for paying off the bonds with higher property taxes.  The second reason is that the bond holders know that a sales tax is a much less stable source of revenue than property taxes.  They may sue because the value of their bonds are now lower because of the difference in the tax repayment source that is backing them.

Regardless of how one feels about the use of TAD/TIF districts, the fact is that even if no more are ever created, the ones that now exist, well, do exist.  Are we planning on giving hundreds of millions of tax dollar gifts to those whose property is located in those districts?</description>
		<content:encoded><![CDATA[<p>What would be the legal ramifications of the speaker&#8217;s tax on TAD/TIF bonds?  Millions (possibly hundreds of millions or even billions) of TAD bonds have been issued in the state of Georgia.  Property owners in the TAD areas have seen the money from those bonds spent on projects that vastly increased the value of their property.  This was done in return for those property owners agreeing that their new higher property taxes on their new higher valued property would go to repay the bonds.</p>
<p>If all property tax is done away with, how do the bonds get repaid?  The bond holders certainly aren&#8217;t just going to go away.  Can they sue and win over this issue?  </p>
<p>Pulling money out of the general fund to pay off TAD bonds seems like a bad idea for two reasons.   The first is that the property owners in TAD areas got a bunch of public money for improvements to their property.  They&#8217;ve already received the benefit but if property taxes are done away with, the burden of repayment will fall on all taxpayers, not just those who got their property improved in exchange for paying off the bonds with higher property taxes.  The second reason is that the bond holders know that a sales tax is a much less stable source of revenue than property taxes.  They may sue because the value of their bonds are now lower because of the difference in the tax repayment source that is backing them.</p>
<p>Regardless of how one feels about the use of TAD/TIF districts, the fact is that even if no more are ever created, the ones that now exist, well, do exist.  Are we planning on giving hundreds of millions of tax dollar gifts to those whose property is located in those districts?</p>
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		<title>By: Chris</title>
		<link>http://www.peachpundit.com/2007/11/11/glenntax-slammed/comment-page-1/#comment-95367</link>
		<dc:creator>Chris</dc:creator>
		<pubDate>Sun, 11 Nov 2007 20:34:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.peachpundit.com/2007/11/11/glenntax-slammed/#comment-95367</guid>
		<description>Damn, we&#039;ve been bashing this plan on PP for months now, and AFAIK, none of us have come up with such a creative acronym.

Score one for the MSM.</description>
		<content:encoded><![CDATA[<p>Damn, we&#8217;ve been bashing this plan on PP for months now, and AFAIK, none of us have come up with such a creative acronym.</p>
<p>Score one for the MSM.</p>
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