WIA, your post points out how much American taxpayers are shelling out NOW. But readers need to see what Barry has in store for us on January 1, 2013...just four months from now... see http://www.sodahead.com/livin...
People have no clue how much tax they pay because their money is confiscated from them before they ever see one dime of their earnings. The gov't gets paid, before you can put one crumb of food in your baby's mouth, before you can put clothes on her back or a roof over your family's head. The Plantation Massah get's PAID FIRST!
If you ask someone what they make, their answer is "I TAKE HOME $XXX each week"... most folks cannot tell you what they really earn, because upwards of 1/3 of it is removed before they ever see it.
BTW, Rasmussen's hypothetical $60,000 income earner, if SELF-employed is paying $9,180 in employment tax instead of the $4,590 figure posted. The gov't doesn't want you to actually WORK FOR YOURSELF. They need you to be "selling your labor" to someone else at a wholesale price instead of letting you earn the retail value of your services.
All the more reason to scrap the entire tax code and replace it with The FairTax (noun, not verb) The FairTax is an existing bill in congress, HR-25/S-13. It has over six dozen cosponsors in t...
People have no clue how much tax they pay because their money is confiscated from them before they ever see one dime of their earnings. The gov't gets paid, before you can put one crumb of food in your baby's mouth, before you can put clothes on her back or a roof over your family's head. The Plantation Massah get's PAID FIRST!
If you ask someone what they make, their answer is "I TAKE HOME $XXX each week"... most folks cannot tell you what they really earn, because upwards of 1/3 of it is removed before they ever see it.
BTW, Rasmussen's hypothetical $60,000 income earner, if SELF-employed is paying $9,180 in employment tax instead of the $4,590 figure posted. The gov't doesn't want you to actually WORK FOR YOURSELF. They need you to be "selling your labor" to someone else at a wholesale price instead of letting you earn the retail value of your services.
All the more reason to scrap the entire tax code and replace it with The FairTax (noun, not verb) The FairTax is an existing bill in congress, HR-25/S-13. It has over six dozen cosponsors in t...
WIA, your post points out how much American taxpayers are shelling out NOW. But readers need to see what Barry has in store for us on January 1, 2013...just four months from now... see http://www.sodahead.com/livin...
People have no clue how much tax they pay because their money is confiscated from them before they ever see one dime of their earnings. The gov't gets paid, before you can put one crumb of food in your baby's mouth, before you can put clothes on her back or a roof over your family's head. The Plantation Massah get's PAID FIRST!
If you ask someone what they make, their answer is "I TAKE HOME $XXX each week"... most folks cannot tell you what they really earn, because upwards of 1/3 of it is removed before they ever see it.
BTW, Rasmussen's hypothetical $60,000 income earner, if SELF-employed is paying $9,180 in employment tax instead of the $4,590 figure posted. The gov't doesn't want you to actually WORK FOR YOURSELF. They need you to be "selling your labor" to someone else at a wholesale price instead of letting you earn the retail value of your services.
All the more reason to scrap the entire tax code and replace it with The FairTax (noun, not verb) The FairTax is an existing bill in congress, HR-25/S-13. It has over six dozen cosponsors in the house and senate. It's different in that the FairTax, is based on 'consumption' and not on 'income or asset' acrual. YOU choose what you spend your money on, as such, you would choose when you pay taxes.
With an income tax, your money is SEIZED!
With the FairTax, your money is PAID when you choose to buy something and you know UP FRONT what the price is before you pull the purchase trigger.
For info see http://www.fairtax.org/site/P...
(more)People have no clue how much tax they pay because their money is confiscated from them before they ever see one dime of their earnings. The gov't gets paid, before you can put one crumb of food in your baby's mouth, before you can put clothes on her back or a roof over your family's head. The Plantation Massah get's PAID FIRST!
If you ask someone what they make, their answer is "I TAKE HOME $XXX each week"... most folks cannot tell you what they really earn, because upwards of 1/3 of it is removed before they ever see it.
BTW, Rasmussen's hypothetical $60,000 income earner, if SELF-employed is paying $9,180 in employment tax instead of the $4,590 figure posted. The gov't doesn't want you to actually WORK FOR YOURSELF. They need you to be "selling your labor" to someone else at a wholesale price instead of letting you earn the retail value of your services.
All the more reason to scrap the entire tax code and replace it with The FairTax (noun, not verb) The FairTax is an existing bill in congress, HR-25/S-13. It has over six dozen cosponsors in the house and senate. It's different in that the FairTax, is based on 'consumption' and not on 'income or asset' acrual. YOU choose what you spend your money on, as such, you would choose when you pay taxes.
With an income tax, your money is SEIZED!
With the FairTax, your money is PAID when you choose to buy something and you know UP FRONT what the price is before you pull the purchase trigger.
For info see http://www.fairtax.org/site/P...
when .. (Despite their objections .. )
as young teens .. pre-teens ..
I chose to have my children ..
during the summertime ..
also attend 4H Programs MONEY CAMP ..
(my goodness .. they were certainly deeply affected when they learned about Taxes, Income, Licenses/Fees .. what Financing is .. how to make large purchases .. balance a checkbook .. see what income tax forms are and what would come out of their paychecks .. as well as what happens when one gets married and children come along (and how a personal budget is affected)).
Truly then had a better appreciation for ALL my IRRITATIONS with the Amount I pay in Taxes each year ..
(at ALL LEVELS .. )
You'd not seen eyes get that big!
(and yes, other than budgeting .. they did have some fun too .. but had to budget for that as well!)
Then add in $120 trillion in "unfunded future liabilities" which means over $1 MILLION per Taxpayer. Can YOU pay your "fair share"?
"Total National Assets" are $92 trillion = $233 thousand per citizen.
There's much more at the debt clock - fascinating indeed.
These burdens are those claimed by this Government to be your responsibility, even tho you never agreed to one penny of that. Government has bankrupted not only itself, but YOU!
Time to become a NON-Taxpayer, is it not? You will be needing every ounce of your assets to survive what's coming. No new taxes, and no old taxes either! It's that, or don't survive.
Go ahead and vote for RINO progressive more-of-the-same Romney and beg him to save you!
What that REALLY means is that the government took & held more of your money than it was legally entitled to for most of the year, and then got around to giving it back to you after you filed a lot of paperwork to get it back. BFD.
People have no clue how much tax they pay because their money is confiscated from them before they ever see one dime of their earnings. The gov't gets paid, before you can put one crumb of food in your baby's mouth, before you can put clothes on her back or a roof over your family's head. The Plantation Massah get's PAID FIRST!
If you ask someone what they make, their answer is "I TAKE HOME $XXX each week"... most folks cannot tell you what they really earn, because upwards of 1/3 of it is removed before they ever see it.
BTW, Rasmussen's hypothetical $60,000 income earner, if SELF-employed is paying $9,180 in employment tax instead of the $4,590 figure posted. The gov't doesn't want you to actually WORK FOR YOURSELF. They need you to be "selling your labor" to someone else at a wholesale price instead of letting you earn the retail value of your services.
All the more reason to scrap the entire tax code and replace it with The FairTax (noun, not verb) The FairTax is an existing bill in congress, HR-25/S-13. It has over six dozen cosponsors in t...
People have no clue how much tax they pay because their money is confiscated from them before they ever see one dime of their earnings. The gov't gets paid, before you can put one crumb of food in your baby's mouth, before you can put clothes on her back or a roof over your family's head. The Plantation Massah get's PAID FIRST!
If you ask someone what they make, their answer is "I TAKE HOME $XXX each week"... most folks cannot tell you what they really earn, because upwards of 1/3 of it is removed before they ever see it.
BTW, Rasmussen's hypothetical $60,000 income earner, if SELF-employed is paying $9,180 in employment tax instead of the $4,590 figure posted. The gov't doesn't want you to actually WORK FOR YOURSELF. They need you to be "selling your labor" to someone else at a wholesale price instead of letting you earn the retail value of your services.
All the more reason to scrap the entire tax code and replace it with The FairTax (noun, not verb) The FairTax is an existing bill in congress, HR-25/S-13. It has over six dozen cosponsors in the house and senate. It's different in that the FairTax, is based on 'consumption' and not on 'income or asset' acrual. YOU choose what you spend your money on, as such, you would choose when you pay taxes.
With an income tax, your money is SEIZED!
With the FairTax, your money is PAID when you choose to buy something and you know UP FRONT what the price is before you pull the purchase trigger.
For info see http://www.fairtax.org/site/P...
As a nonpartisan scientist and analyst, what do you estimate the optimum level of government spending (as a percentage of GDP) should be? Forty per cent, as it is now in the US? 60%? 80%? (Hint: it can't go above 100%, because then no one, not even China, would lend the US more money.) See graph below, showing rise of govt (federal state local) spending as a fraction of GDP.
What is happening has not really ever happened before - global financial crisis.
The goals are to plug the flow of money out of the country whilst at the same time keep the economy turning over.
If you starve consumers in a consumer society of cash then the whole thing seizes up - whilst money floods from the economy.
If the government makes slashing cuts, the borrowing cost stays low (as in the UK), but also their revenue goes down because of the smaller turnover.
This implies that the priorities are to make prudent cuts, whilst plugging the holes, equally if no investment is made at grass root level to stimulate SME's then inflation sets in as there is nothing to close the trade gap...
If it were as simple as making cuts, there would not be now $Millions in prize money to any who can come up with a solution to the debt crisis.
One solution would be to force the tax havens not to provide banking services to nonresident noncitizens under the threat of boycott and embargo...
Even if it is a quarter of that, it is still a substantial sum...