http://radioviceonline.com/the-most-outrageously-outrageous-stat-counting-ever/ The blog home of The Jim Vicevich Show Fri, 10 Feb 2012 00:56:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://radioviceonline.com/the-most-outrageously-outrageous-stat-counting-ever/comment-page-1/#comment-6788 Dimsdale Sun, 08 Nov 2009 12:58:29 +0000 http://radioviceonline.com/?p=17669#comment-6788 Isn't it amazing how Congress exempts itself from everything, including GAAP (generally accepted accounting practices), good commonsense and plain old looking at history?   Having anything that Congress passes affect them as well is the ultimate check on their own legislative insanity.  What Jim calls "skin in the game".  Nobody does anything that will hurt them too.   If nothing else, we have to find a way to ensure that Congress has a lot of skin in the game, so it gets scraped just like our.  No more elite class. Isn’t it amazing how Congress exempts itself from everything, including GAAP (generally accepted accounting practices), good commonsense and plain old looking at history?
 
Having anything that Congress passes affect them as well is the ultimate check on their own legislative insanity.  What Jim calls “skin in the game”.  Nobody does anything that will hurt them too.
 
If nothing else, we have to find a way to ensure that Congress has a lot of skin in the game, so it gets scraped just like our.  No more elite class.

]]> http://radioviceonline.com/the-most-outrageously-outrageous-stat-counting-ever/comment-page-1/#comment-6744 donh Thu, 05 Nov 2009 01:59:46 +0000 http://radioviceonline.com/?p=17669#comment-6744 The most abominable implications of this fuzzy math accounting of Jobs created is  the impact on income  tax accounting.  People filling out an income tax form for a $60,000 salary may now to declare an actual income of $30,000 factoring the other $30,000 as income saved or created.... for  unrealized taxes and other  government conficatory acts not included in the IRS form. The Government may also invoke new audit powers to collect additional taxes from honest returns.  The IRS could  claim the tax payer receives and fails to account for  additional  intangible benefit incomes that citizens  collect from the mere existance of our benevolent government. The most abominable implications of this fuzzy math accounting of Jobs created is  the impact on income  tax accounting.  People filling out an income tax form for a $60,000 salary may now to declare an actual income of $30,000 factoring the other $30,000 as income saved or created…. for  unrealized taxes and other  government conficatory acts not included in the IRS form. The Government may also invoke new audit powers to collect additional taxes from honest returns.  The IRS could  claim the tax payer receives and fails to account for  additional  intangible benefit incomes that citizens  collect from the mere existance of our benevolent government.

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