In case you are wondering, the "We" in the title is not referring to Republicans or Conservatives. I am referring to tax paying citizens of the future United Socialist States of America.
Why do I say that?
Today, approximately 32% of the American population do not pay any income tax. Take a look at this historical graph:
Source: Internal Revenue Service, Tax Foundation
If President Obama and the new Congress have their way (and they will...who will stop them...everyone wants him to be successful...right?), this number will reach approximately 57%. The key is point is that the number will be over 50% -- a majority.
Human nature: once people who get free things are a majority, they will always vote to keep getting the free things. The tax paying population will have no ability to change once the majority is lost.
At one time in our history, only landowners were allowed to vote. It seems harsh and unfair today, but there is a fundamental wisdom in the policy. The founding fathers believed you have to have "skin in the game" to change policy, law, etc. So we no longer require land ownership and soon we won't even have to pay taxes to control the country...scary thought for me...
...my new goal is to stop being productive so I too won't have to pay taxes and keep voting for more free stuff...human nature, right?
We are so screwed...
2 comments:
I am so happy that you and the rest of America are finally coming out of the comatose state we were put in by our "beloved" President Bush. The good thing is that most of us managed to wake up on or before Nov 4 '2008.
At least you have something left
in your wallet to give to President Obama ....Almost 3 million people now have empty wallets. We have been screwed royally and I guess shall remain so until our Saviour saves us...I guess now I am winning some friends! Grin grin!
PS I would look at the graph a little more closely . The percentage has been growing since Reaganomics began....
Whatever. Grin.
Regarding the 3 million empty wallets...that is not a problem. Just have the government hire them. Better yet, let's go to 0% unemployment and hire everyone.
Even better, let's have McDonald's be required to give free Big Macs and solve hunger as well.
See there are always solutions!
When you look at the data behind the graph (which I did) and see where money is spent it makes perfect sense. It went down during the Reagan years and started to creep up at the tail end. Remember, the Congress during that time was Democrat dominated. Congress is in charge of the purse strings.
But you miss the point. Both parties have been guilty of making this worse in my opinion. Politicians always aim to please to get the votes. But, over 50% is the point. You'll always have a % of the population that won't pay taxes in our system. But over 50%!
Aren't you alarmed by that regardless whether you are on the right or left?
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