Didn't find it?
RSS feed from Feedburner

 Subscribe to this Blog ?

 

Sundar Narayanan's Travelog

↑ Grab this Headline Animator

 

Just another spider on the web
Squarespace
Powered by Squarespace
Archives
Blog Index
The journal that this archive was targeting has been deleted. Please update your configuration.
Navigation

Entries in taxes (5)

Sunday
Jan292012

Our Tax Dollars at work..

It has been an interesting week to say the least.

Left San Jose last Sunday afternoon to visit a few Texan cities and came back Friday night.

Needless to say the kids were happy to see daddy back, the wife expected daddy to be his 100% as though he has not left the couch after a week of hectic work, and the work just continues on..

While this is all expected and is being handled with some deep breathing and selective shutting off of various senses at various times, the trip did have its tense moments.

My drivers license, god bless the DMV expired in November. Anticipating this had gone and stood in line for a few hours at the DMV in late October and received an extension (which is a piece of paper with my signature and DMV seal etc.) which lasted a few months.

We keep waiting for this license that never showed and have traveled multiple times with the expired license and this piece of paper. As it so happens, the paper also has an expiry date and it had "expired" recently!

Without realizing this, yours truly keeps showing this piece of paper and travels.. the typical conversation when I show my ID will be :

ID'er (TSA agent, Car renter, Hotel lobby clerk, etc. ) : This license is expired. You know that right ?

Me : Oh Yeah. Here is my extension. Waiting for the license to come in the mail

ID'er : Okay, go right on..

So on this trip, got waived through San Jose TSA, Boarding card checking dude, AVIS car renting dude at counter .. and finally when I was about to go out of the parking lot some kid who probably gets paid a minimum wage at AVIS to verify your identity against your contract says :

Sir, your license has expired

Me : Oh Yeah. Here is my extension. Waiting for the license to come in the mail

MWD : Sir, your extension has also expired. I cannot let you drive out with this vehicle. I have to cancel this contract ASAP.

Me : WTF !!!

So had to think on my feet, call a colleague to the airport and get him to rent me a vehicle.

Subsequent to that the same Drivers license was used at two different hotel lobbies and they waved me through while my friend couldn't contain his laughter watching me hand it over nonchalantly. What else could I do?

That got me worried. What if the Austin TSA flagged this and don't let me fly back to San Jose without a "valid" photo ID?

Spent a few hours on hold with the California DMV and finally reached a person in Sacramento headquarters who was nice enough to send me another extension by FAX !

The funny thing was Austin TSA dudes who looked at my expired license and waved me through as well! I did have the extension in my pocket if asked and was ready go through the "Oh yeah..." routine..

While I was contemplating all this tax dollars at work, an older lady (in her early seventies is my guess) who happened to be just in front of me on the security line was pulled out because she had a tub of skin cream. The conversation with the agent was

TSA : Maam, we need to take you and the bag because there is something in your bag which should have been in a separate ziploc bag..

Lady : It is skin cream and it is almost empty

TSA : 100ml or less maam. You know the rules

Lady: The tub says more but the amount left in the tub is way less than 100 mL

TSA : You have two options. Either we throw this away now or you go back in line to the counter and put it in your bag and check it in and come back through the counter.

Lady : Fine. Throw it away ! (and shakes her head)

That sparked a different thought in my head. With technology being so advanced why cannot they

a. detect that it is indeed skin creme
b. make the lady put some on her skin to show it is indeed skin creme
c. check it to be really <100 ml

and send it on!

Better still do away with this 100mL bullshit because I am sure the real terrorists who bring explosives will manage to pack a punch in <100 mL and will be whisked in with good valid ID's!

Took one look at the drum where the skin creme went and was appalled by the sight of so many tubes of diaper rash creme, face creme, shaving cremes, perfumes, colognes, etc. etc.

How much of value is wasted across the United States with this stupid rule? We seriously need to reevaluate the security policy that continues to harass folks and does not do what it is supposed to do..

Until then we continue on with thought like "Hmm.. didn't know we could blow up planes with diaper rash cream!"

As irony would have it, the new drivers license arrived by post on Saturday afternoon!

.

Thursday
Jan282010

Double Trouble

Let us say your house is worth $x in your opinion (based on square footage muliplied by the going rate in your area)

Now you get a property tax statement from the county that says your house is worth x+300k !!! and you now owe the county a bigger tax amount.

You figure that if your house is worth that much, then you should be able to get a really nice interest rate on a loan.. afterall your risk is low considering how much your house is worth and how much money you have put in the house already!

So you start the process and to your surprise and anger, the guy who came to appraise your house values the house at x-200k. You are now scratching your head...

The banks want to keep your mortgage high by lowering house value
The county wants to keep your tax high by raising house value

This whole country is run by crooks at every level!

Maybe we should sell our house to the state of California and repay the bank loan and start renting?

If the above mentioned weren't true, I would be laughing.

.

Saturday
Mar142009

Somebody stop this.. please!

Read this..
If this goes on, I would seriously ask why I should pay any taxes at all?!

Enough is enough!!

Somebody, stop this!

This government better not let this one fly. Time to put some people behind bars and stop this bleeding!

.

Tuesday
Feb032009

Government

A word that taking on an increasingly negative connotation by the day, across the world. A word for which we will consult the Dictionary, nay Wiki..

Obviously Wiki tells you the meaning as understood by the lay internet person, ergo the LCM of this blogs readers..

"A government is the organization,
that is the governing authority of a political unit,
the ruling power in a political society,
and the apparatus through which a governing body functions and exercises authority.

Government,

with the authority to make laws,
to adjudicate disputes,
and to issue administrative decisions,
and with a monopoly of authorized force where it fails to persuade,
is an indispensable means, proximately, to the peace of communal life.

A compulsory territorial monopolist of protection and jurisdiction equipped with the power to tax without unanimous consent.
Statist theorists maintain that the necessity of government derives from the fact that the people need to live in communities, yet personal autonomy must be constrained in these communities.

Thank you Wiki for the definition !!

If you look at the ground reality

We work hard
We pay taxes (no choice there!)
The taxes go to the government
That tax money gets redistributed to things that the majority of the governed would not approve of
The folks who do the redistibuting get compensated for doing this and

the redistribution of tax money has the following effect

a. we work more
b. we get paid less for working more
c. we pay more taxes on the smaller amount we make while working more

Sometimes I wonder if the last eight years in the USA were under "government" or some kind of dictatorship.

These days it is hard to find a few people with a clean tax record to run the country!

Bah!

As a dude who has always worked his butt off and paid his taxes, maybe I should go for a government position?

Then again, will the government corrupt me? If yes, then it is better to stick to my day job, no?

San asked me innocently "I don't like how our tax money is being given to people who make lousy cars, fraudulent banks etc. How can I make sure my tax is used properly?!"

Gave the longest Siiiiiiiiiiiiiiiggggggggghhhhhhhhhhhhhh I could remember. My innocent lovely wife, if only we could control how our tax money was spent!!!

Maybe just like they ask us in the IRS 1040 EZ in the

Presidential Election Campaign section:

"Check here if you, or your spouse if a joint return, want $3 to go to this fund" You (check box) | Spouse (check box)

they would also ask

"Check here if you, or your spouse if a joint return, want 15% to go to the Lenders bailout" You (check box) | Spouse (check box)

"Check here if you, or your spouse if a joint return, want 10% to go to the Insurance Bailout" You (check box) | Spouse (check box)

"Check here if you, or your spouse if a joint return, want 10% to go to the Bank Bailout" You (check box) | Spouse (check box)

"Check here if you, or your spouse if a joint return, want %5 to go to the Big3 auto Industry Bailout" You (check box) | Spouse (check box)

"Check here if you, or your spouse if a joint return, want 1% to go to the Porn Industry Bailout" You (check box) | Spouse (check box)

etc.

etc.

That would be some day!

.

Sunday
Oct192008

They do get the bad guys

Was having dinner at a friends place saturday and the conversation veered towards the one thing at all conversations veer towards these days..

Yes. Note that down..

All party conversations lead to the Bailout!

The probability of this happening is actually higher than all roads leading to Rome.

A tax accountant there answered my question "so what does happen to the bad guys? Do they go free?"

He said "Lets say the guy bought a house for 400k with 10k down, which he should not have in the first place and lets also say that the house is now worth 200k, if his loan is forgiven to an extent of 200k, not only does he lose his 10k, he gets a 1099 from the IRS for the forgiven 200k on which he has to pay taxes!"

This, made me happy for all of 10 minutes.

While driving back home, I was just thinking... wait a second.. The guy declared bankruptcy? So how is he going to pay taxes?

Also he is supposed to be a credit risk and this is supposed to make it difficult for him to borrow going forward and make me, a five-star borrower?

He is going to go to the same banker who gave him that 390k loan and get himself some more money?

No?

Let me know....

ps. A corollary to Bob Dylan singing "when you got nothing, you got nothing to lose" is "when you are bankrupt, you got no taxes to pay"...

.