Friday, January 18, 2008

More on Taxes

As you know, the Democrats have a love affair with taxes - they just cannot get enough. That is because the Democratic party is socialistic in nature, and they believe that virtually all income should go to the government, and the government should supply everything the people need. Of course, history proves that socialism does not work, but that does not stop the Democrats.

But here is an eye-opener on taxes - something that Democrats do not want you to notice. And it explains how and why even one more penny of taxes is devastating.

Let's say you earn $100. The IRS takes 20%, leaving you with $80 to put into the economy. And you do just that - you pay that $80 to your accountant, which has now made $80. The IRS taxes him 20%, leaving him with just $64. Like a good capitalist, he spends that $64. The person who gets it has earned $64, and the IRS takes 20%, leaving only $51.20 to put back into the economy.

As you can see, it will not be long before the government has all the money, and there is nothing left to put back into the economy.

That is the "Law of diminishing returns" in action.

So, why is there still money? Because the government spends it. Instead of the PEOPLE putting it back into the economy, the government does that. Unfortunately, the government is wasteful, and there are always "administration costs". So, we, the People, do not get our money's worth, as we would if we were the ones to be spending it.

So, what would work best, and still allow for a reduction of taxes?

The very first thing that we, the People, should insist upon is that everything that can be taken care of at a lower level should, indeed, be handled at that lower level. In other words, we should first try to handle things at the family level. If too big for that, it should then be passed to the community or church. If too big for them, then it goes to the county level, and bigger jobs to the state. The ONLY jobs the government should be handling are those very few that are just too big and complex to be handled at any other level. Like national defense, or the Postal Service.

By removing so much of the burden from Uncle Sam, he will no longer need as much money. This leaves each of us with more money (and more responsibility).

We need to stop being lazy and irresponsible. We need to stop passing our responsibilities off onto the schools, the states and the federal government.

The People are supposed to be in control - remember "Of the People, By the People, For the People"? But we cannot be in control if we keep passing our responsibilities onto government, which, in turn, forces them to tax us more, and waste more.

If you want to take back your country; if you want to regain your freedoms; if you want to keep more money in your pockets; then you must stand up and take responsibility. Contact your representatives and let them know this is how you feel, and if they want your vote, they need to make changes. If enough voters were to do that, Congress would have little choice but to put things right.

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