Archive for the ‘Taxes’ Category

 

Well, it’s tax day again. 

And here in a country whose founding was spurred by an insurrection against taxation without representation we now have a “tax season” and a “tax day” that keep people living in fear of their own government.  Mind you, that the people that American’s fear, in regard to their taxes, are the IRS, appointed bureaucrats, not elected representatives.  Hear me now, we should pay taxes and the government has the right to tax for constitutionally appointed purposes.  But now we not only have one of the highest personal and corporate tax rates in the world (not to mention sales tax, death tax, fees, property tax, etc. etc.) the government has the ability to spend money that is borrowed and the “bill” has to be paid down the road.  There’s two ways to do that, raise taxes in the future or print more money, which means the U.S. dollar gets devalued and subsequently everything costs more.  Talk about a tax on the poor!  That means that milk prices, gas, wood, cement, cars, EVERYTHING, costs more to buy without wages keeping up with it.  If you don’t understand this concept, stick around another year or so, you will.  But I’m sure it will still be Bush’s fault.

 

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On the flip side we have a brilliant columnist writing an article that says the American people are satisfied with the amount of taxes they currently pay.  (Read “Sorry, Tea Party Movement, Polls Say Americans Don’t Mind Taxes”)  Well, if they actually paid it out of their pocket and didn’t have it withheld, it would be a different story.  They would actually see how much of their hard earned money was going to the government and maybe be a little more prone to ask, “How is this being spent exactly?”  But let’s just assume that American’s really are happy with the amount of taxes they currently pay.  That amount has to go up, again, either in higher taxes or through inflation.  China will make us repay the loans they have given us.  And since President Obama has taken office, we have racked up more national debt than from the time of George Washington to the day that President Obama was sworn into office.  The bill must be paid.

The question isn’t just about, “What did I have to pay this year?”  The question is, “What are the increased taxes I’m going to have to pay for the rest of my life?”  And “What kind of tax burden are my children going to have?”  We have to remember, every dollar the government wastes and then taxes us for is one more dollar that I cannot buy a new home with, pay for my children’s tuition with, go on vacation with, donate to my church or a charity, or do anything else with for that matter. 

Excessive taxation equals the loss of personal liberty.  The bill must be paid.

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