[meteorite-list] NASA SETI Misappropriation of Tax Payer Funds
From: Galactic Stone & Ironworks <meteoritemike_at_meteoritecentral.com>
Date: Fri, 2 Nov 2012 17:29:45 -0400 Message-ID: <CAKBPJW8UPPxKxSeNYBi0O5mKfJL1t8zs5sdjCavHqqqp=J0OgQ_at_mail.gmail.com> Hi Adam and List, It's always the poor and middle class that get hit the hardest. The super-rich have excellent accountants and financial advisors, and they take advantage of loopholes and grey areas that the average person is not aware of. Adam, are you taking full advantage of your allowed deductions? For example, if you have an area in your home that dedicated to your business, you can deduct tax burden based on the square footage of the home office. They actually assign a dollar value to each square foot of your office, so take advantage of that. The computer you are reading this on - deductible as a business expense. Also, if you computer is used for internet-based commerce, you can also deduct a portion of your internet provider fees. You can also shelter some of your profits by putting it into a trust for a grandchild or relative. Going to Walmart to buy packing materials? Not only can you write off the materials you buy, you can write off the gas you spent to drive there. Do you conduct business with dealers or collectors via telephone? If so, you can write off the phone bill as a business expense. If you don't already have one, get yourself a really good accountant who knows all of the loopholes and will help you take advantage of them. Or, as a last resort measure, do what the ultra-wealthy do : transfer some of your cash to an offshore or foreign bank. Or, stick a giant wad of cash into a safety deposit box and let it sit there - it won't gather interest, but it will be invisible for tax purposes. People talk about how high the tax rates are for businesses and corporations, but very few of the big companies pay anything close to the tax rate. The General Electric company recently got a REFUND and the last couple of years, their tax burden has been well under 10%. Try finding a company that pays the full tax rate - it's difficult to do, although many mom and pop small businesses have to pay. But generally speaking, the bigger the company, the bigger the money involved, the more they manipulate their finances to dodge their tax burden. Go down the list of Fortune 500 companies, and I would wager that only a small handful of them pay more than a 20% rate. Some of them pay nothing or next to nothing. The little guys have to pay so much, in part, because the big guys aren't paying their share - http://www.cbsnews.com/8301-505144_162-36945095/top-25-corporate-tax-dodgers/ Read that linked article and you'll see what I mean. Back to meteorites - yes, the blimp/airship/whatever is a total waste of money. What is next? Are we going to bring Gary Powers back from the dead and have him fly a U2 over strewnfields? It's downright silly. Sure, you might be able to see a large impact crater from an airship, but it would have to be really BIG and such a feature could be easily spotted on the ground. I'll change my name to Nancyboy Fancypants if a single meteorite is found by using a blimp. I am generally very supportive of NASA and SETI. But this blimp nonsense seems like an attempt to garner media attention and not a method to find meteorites. Best regards and happy huntings, MikeG -- ------------------------------------------------------------- Web - http://www.galactic-stone.com Facebook - http://www.facebook.com/galacticstone Twitter - http://twitter.com/GalacticStone Pinterest - http://pinterest.com/galacticstone RSS - http://www.galactic-stone.com/rss/126516 ------------------------------------------------------------- On 11/2/12, Adam Hupe <raremeteorites at yahoo.com> wrote: > Yes, our tax burden is at record levels. 28% collectable capitol gains plus > > 15% FICA plus multiple fees(taxes) attached to nearly everything including > the water we drink; What an outrage! Remember this when you bid on > meteorites on > eBay. Since they are collectables like gold, silver and platinum, the > seller is being taxed at the highest possible capital gains tax rate > which is expected to go up depending on who is elected. > > > Who says the middle class isn't being squeezed harder than ever before? To > see our hard earned money wasted on frivolous pursuits like blimp rides > under the name of science beyond ridiculous. > > Some of my thoughts as unlisted private home and cell phones are ringing off > the hook incessantly with political robocalls trying to get my vote. > > > Adam > > > > > ----- Original Message ----- > From: Greg Hup? <gmhupe at centurylink.net> > To: meteorite-list at meteoritecentral.com > Cc: > Sent: Friday, November 2, 2012 1:10 PM > Subject: [meteorite-list] NASA SETI Misappropriation of Tax Payer Funds > > To All Concerned US Tax Payers... > > I have been troubled by what is a clear misappropriation of US tax payer > funds by NASA/SETI. At a time of this country's financial crisis, this is no > time to squander our tax dollars!! > > We have all seen and read about 'The Blimp" that was, as stated in the > article link below, "... a NASA-hired airship." Not only are they using a > privately owned "Blimp" for frivolous and far-fetched 'research', but they > are also giving free joy rides to private citizens as stated from the > article, "Glenn Rivera [a private citizen] was invited by astronomers > [NASA/SETI] to hunt for more meteorite crash-landing sites from a NASA-hired > airship." > > In recent conversations, I and many of my colleagues and some NASA > scientists (who wish to remain anonymous), have all concluded that finding > meteorites [of any size] is completely impossible and a waste of tax payer > dollars! How can one think you can spot a black rock the size of a dime, a > golf ball or even a basketball from an altitude of 1000 feet? > > The only entity that benefits from these dream hunts is the private company > who owns "The Blimp". They get paid by NASA for use of "The Blimp" and they > also benefit from all of the free advertising with their logos and web > addresses emblazoned on the sides of "The Blimp"! > > As far as I am concerned, hunting for meteorites floating in the sky is full > of hot air! > > Here is the link the the article I reference: > http://novato.patch.com/articles/hunt-goes-on-for-more-meteorites#photo-12000260 > > Best Regards, > Greg > > ==================== > Greg Hup? > The Hup? Collection > gmhupe at centurylink.net > www.LunarRock.com > NaturesVault (eBay & Facebook) > http://www.facebook.com/NaturesVault > IMCA 3163 > ==================== > Click here for my current eBay auctions: > http://search.ebay.com/_W0QQsassZnaturesvault > > > > ______________________________________________ > > Visit the Archives at http://www.meteorite-list-archives.com > Meteorite-list mailing list > Meteorite-list at meteoritecentral.com > http://six.pairlist.net/mailman/listinfo/meteorite-list > > ______________________________________________ > > Visit the Archives at http://www.meteorite-list-archives.com > Meteorite-list mailing list > Meteorite-list at meteoritecentral.com > http://six.pairlist.net/mailman/listinfo/meteorite-list >Received on Fri 02 Nov 2012 05:29:45 PM PDT |
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