Are we taxed enough as Americans? Should we be outraged over the level of taxation? Read this and tell me why you shouldn’t be. And explain to me why the Democrats are right in confiscating more and more of Americans’ property, and Republicans are wrong in trying to allow citizens to hold on to more of what they earn:
The Government’s Share Of Your Paycheck
Is Bigger Than Your Share
Hard work is good for you. It is better for the government.Here is the scenario: A musical composer applied for a job with a theatrical production company to write the music and lyrics for a new stage production. The arrangement was, lyrics and music and all artistic rights in return for a compensation package of $100,000. The composer agreed, thinking this would give him an opportunity to purchase that very special collector’s automobile he had been dreaming about for years and is now available for $95,000.
At the end of his contract the production company was happy with the composer’s work and wrote the promised check to the composer’s financial manager. Upon the manager’s presentation of the composer’s paycheck, the composer became very angry and retorted “They promised me $100,000 and this check is for only $49,560 what happened to the rest of the money.”
The financial manager replied, “The rest of the money went for taxes. Your government has determined they are entitled to share in the fruits of your labors. You were paid $100,000 and that placed you in the federal 28% tax bracket so that left you with $72,000. Then we had to withhold federal self-employment FICA taxes of 12.4% and medicare taxes of 5.8% and those taxes totaled another 18.2% or $18,200 so that left you with $53,800. And, the State of Arizona’s share of your labors is another 4.24% or $4,240 so that left you with $49,560. Here’s your check, go spend it wisely.”
Well, there goes my dream of the special collector’s car so I guess I will have to settle for a new Cadillac that I can purchase in these troubled times for $45,000 and I will have nearly $5,000 left over which will be enough for my wife and me to drive from Phoenix to San Diego in our brand-new car and purchase a cruise on the Mexican Riviera. Wine, dine and sunshine. Life is good.
Off to the Cadillac dealer and after selecting the model and options and negotiating the price to $45,000 the composer said “I’ll take it. Hooray!”
The dealer handed the bill to the composer for $49,503. The composer shouted “What? We agreed on $45,000. There goes my cruise” The Cadillac dealer said “Arizona is entitled to share in the fruits of your labors and their share of your purchase is State, County and City sales taxes of 8.3%, or $3,735 and Registration and License fees of $768 for a total Arizona share of $4,503 and the dealer charges $50 as a documentation fee bringing the total purchase price to $49,553. Here is a check for $7.00 as change for the $49,560 check you gave us. Go spend it wisely.”
This might be a true story. Somewhere in this vast country a similar scenario has happened.
Now, let’s look at the big picture. A man worked and earned $100,000 and governments took $50,440 right off the top leaving the worker with $49,560 to spend. When he spent it, governments grabbed another $4,503 in additional taxes. This is a total of $54,947 (or 55%) of this worker’s earnings. Plus, do not forget, to have $4.500 left over to pay the state governments their share of his purchase, the worker had to earn $9,000 BEFORE income taxes. Should you wish to purchase a $45,000 automobile, you must earn $100,000 to do so.
Your governments tax you when you earn money and tax you when you spend money. And, if you do not spend it, they will tax your estate when you die. When the George Bush tax cuts expire next year and the Death Tax returns to 55%, your government will have taxed the first 50% when you earned it, and then grab the remaining 50% when you die.
And the Obama Democrats want more!
It never occurs to the government to stop spending.
That’s the way I see it.
July 17, 2009
This is the kind of thing that applies in virtually every sphere under the sun. Take gasoline taxes. Did you know that the government takes twice the dollars in gasoline sales taxes than the oil companies do in profits? And do you know who pays that? You better know, you sucker; because it’s YOU. The oil companies pass on all the taxes imposed by Democrats to you, the quintessential resident sap. Every single time the government imposes taxes on businesses, those business pass those taxes on to you in the form of higher prices.
Another thing that is interesting emerges from this paragraph on the states with the highest state income taxes. The author uses Arizona, presumably because he is from that state. But Arizona has a measly 4.24% tax rate. If he wanted to really make his case, he would have used a different state with a higher tax rate:
New Jersey residents paid 11.8%, topping the charts. New Yorkers were close behind, paying 11.7%, and Connecticut was third at 11.1%. The top 10 were rounded out by Maryland (10.8%), Hawaii (10.6%), California (10.5%), Ohio (10.4%). Vermont (10.3%), Wisconsin (10.2%) and Rhode Island (10.2%).
What is interesting and informative is every single one of those ten states with the highest tax rates – every single one – is a Democrat state that voted for Barack Obama.
How do liberals define stealing? If the government seizes my property, just because it has the power to do so, how is that not stealing? How is it not stealing when the welfare-wanting masses vote to seize the assets of people who obtained their wealth through hard work and sound investment while they were sitting on the couch in front of the boob tube and pissing their money away with compulsive buying?
Another thing that should be pointed out is that Americans – even BEFORE the November 2008 election that gave us Barack Obama to go along with overwhelming Democrat majorities in Congress – believe that higher taxes hurt the economy by reducing both revenues and jobs.
It’s simply amazing how false promises and demagogic accusations have managed to sway people to vote against their values – and for people who will undermine those values.
Benjamin Franklin said, “When the people find that they can vote themselves money, that will herald the end of the republic.” In voting for Democrat total control, the American people essentially decided to send the United States crashing down.
As much as Democrats shrilly demagogued the Bush spending (which actually WAS outrageous), they are now entirely responsible for spending which utterly dwarfs anything Bush ever dreamed of imposing.
Consider that Obama spent more in just 20 months in office than Bush did in his entire 8 years.
From the Wall Street Journal:
Mr. Obama cannot dismiss critics by pointing to President George W. Bush’s decision to run $2.9 trillion in deficits while fighting two wars and dealing with 9/11 and Katrina. Mr. Obama will surpass Mr. Bush’s eight-year total in his first 20 months and 11 days in office, adding $3.2 trillion to the national debt. If America “cannot and will not sustain” deficits like Mr. Bush’s, as Mr. Obama said during the campaign, how can Mr. Obama sustain the geometrically larger ones he’s flogging?
Incredibly, I routinely continue to hear Democrat politicians blame Bush for his spending – which is tantamount to these Democrats admitting that they are hypocrites, liars, and absolute demagogues.
And where does it end?
With the American experiment in a democratic republic going the way of the Dodo bird.
We voted to destroy ourselves by spending ourselves into bankruptcy and economy collapse. And Obama has been hard at work bringing that “hope and change” about. And all it takes to understand WHY this outcome is actually “hope and change” is the realization that a great many liberal “intellectuals” have yearned for the destruction of the United States of America for decades.
There’s little question that the anvil will fall on the US economy due to the near doubling of the national debt as Obama adds a projected $9.3 trillion to the $11.7 trillion hole we’re already in. Obama is borrowing 50 cents on the dollar as he explodes the federal deficit by spending four times more than Bush spent in 2008 and in the process “adding more to the debt than all presidents — from George Washington to George Bush — combined.” And most terrifying of all, Obama’s spending will cause debt to double from 41% of GDP in 2008 to a crushing 82% of GDP in 2019.
What will be the result of all this insane spending, and not very far off? A quote from a CNS News story should awaken anyone who thinks the future will be rosy:
By 2019, the CBO said, a whopping 82 percent of the nation’s gross domestic product (GDP) will go to pay down the national debt. This means that in future years, the government could owe its creditors more than the goods and services that the entire economy can produce.
This massive spending under Obama and Democrats merely continues a trend that has been going on for decades: when you look at Congress’ spending when Democrats have been in control versus when Republicans have been in control over the last thirty years, you find that Democrat Congresses have accumulated 2.5 TIMES the debt that Republican Congress’ have.
Which is why Rep. Eric Cantor was right when he said:
Rep. Eric Cantor (R-Minority Whip) on ABC’s “This Week”:
“If you look at the kind of deficit that we’ve incurred over the last three years that the Democrats have been in control of Congress, 60% of the overall deficit from the last ten years has occurred in that period. And frankly with the incurrence of the debt, we’ve seen very little result. That’s why we think we ought to choose another way.”
But we didn’t go the Republican way: we went the Democrats’ way. And it should be rather obvious by now that it was the WRONG WAY.
And so the day is soon coming when Americans will be called upon to support massive tax increases such that the United States has never seen in its entire history, or else go completely broke and go the way of Greece. But of course it will have been high government taxation and even higher government spending that broke us to begin with.
Liberals are going to continue to steal from the classes that they demonize – as befits the “from-each-according-to-his-ability-to-each-according-to-his-need” communists they quintessentially are – and they will continue to steal from generations yet unborn (at least those whom they haven’t murdered in their abortion mills) until there is nothing left of this nation but a hollowed-out shell.
It’s coming for you, average American. Liberals are presently demonizing the rich and demanding that they pay more and more and more. But there aren’t enough rich people to pay these skyrocketing debts. And so they’re going to start going after your wealth. Do you know that even the poorest Americans have far more than most “citizens of the world”? When will you be told to pay YOUR share the way the rich have already been called upon to pay far more than theirs?
That’s right, craven average American liberal. Pretty soon, the Democrats won’t be taxing the other guy; they’re going to come after YOU. Not only because Democrats have spent too much to count on the wealthy to pay the load, but because the same argument that justified stealing the wealth of the rich in America is the identical same argument that will justify stealing YOUR wealth from YOU. Just as the rich have far more than the average American, the average American has FAR more than the average Zimbabwean, who lives on less than $100 a year. And the day is coming when you’re going to be taxed up the wazoo according to your own morally idiotic argument that you used to seize the wealth of your fellow Americans.
It will mean the destruction of American in every way, shape, and form, but at least I’d be able to see the look on the faces of all the people who thought that it was fair to force the top 50% of taxpayers to pay more than 97% of the taxes so that the other half can get off completely free and live like parasites.
I want to see the look on your faces when “the President of the world” starts going after what you’ve saved for yourselves and your children. And many of you will have to demonstrate what collocate hypocrites you’ve been all along when you try to protect your assets from a government seizure of wealth that finally went too far for your comfort by going after you.
We don’t have much more time, Americans. We will either vote these Democrats out, and rid ourselves from the menace of liberalism once for all, or we will economically implode. And Democrats who will have brought that implosion into being will seek to use that implosion to impose the socialist society they’ve always dreamed of.
Start Thinking Right 