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To: ancient_geezer

Until the income tax is illegal, PAY YOUR FRIGGIN' TAXES!!!


4 posted on 07/19/2004 9:47:34 AM PDT by fishtank
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To: fishtank

Until the income tax is illegal, PAY YOUR FRIGGIN' TAXES!!!

Seems, some never really get the message, however how can you blame them when the biggest problem is the half that perceive a freeride and keep the system going.

 

The Honorable James DeMint (R-SC)
United States House of Representatives
APRIL 5, 2001

 

70% of the voting public clamor for more from government looking for the top 40% of income earners/producers to foot the bill. That perception continues to grow ever stronger by eliminating even more participants from the Federal Individual Income Tax rolls as proposed in the tax reduction proposals through changes in personal exemption limits and other mechanisms such as the EITC.

From, Effective Federal Tax Rates 1979-2001

Effective Individual Federal Income Tax Rate (Percent of gross family income)
Income Category 1979 1981 1983 1985 1987 1989 1991 1993 1995
1997

1999

2001
Lowest Quintile 0.0 0.5 0.4 0.5 -0.6 -1.6 -1.6 -2.3 -4.4 -5.2 -5.2 -5.6
Second Quintile 4.1 4.8 3.8 4.0 3.2 2.9 2.9 2.3 2.0 1.8 1.7 0.3
Middle Quintile 7.5 8.3 6.7 6.6 5.8 6.0 5.8 5.4 5.3 5.6 5.0 3.8

 

There is a big disconnect between what people perceive they pay, and reality.

Where Congress plays both ends against the middle; hiding the real burden in inflation, higher prices on all goods and services, lower takehome pay, lower return on investment, and higher interest rates. All keeping the poor right where they are and pushing for more freebees.

Consider that 15.3% SS/Medicare tax on the 1st $75K of wages/self-employment income, plus the 6% Federal/State Unemployment tax, all of which are but a portion of the effect of federal taxes embedded the price of all products we purchase. Taken together with the Individual tax rates above we all pay :

 

Effective Total Federal Tax Rate (Percent of gross income)
Income Category 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999
2001
All Families 22.2 22.4 20.4 20.9 20.9 21.6 21.5 21.5 22.0 22.6 22.9 22.9 21.5

Data from IRS collections statistics and The Bureau of Economic Analysis as compiled in tabular form by the Congressional Budget Office.
http://www.cbo.gov/showdoc.cfm?index=1545&from=4&sequence=0

The Intent of the individual income tax is for political and social control not revenue collection. The Individual Income tax is holds every person in the country perpetual legal jeopardy, as well as distort their perceptions as to the burdens imposed by government on them.

 

"As a matter of fact, what the income tax does — and this is the debate that I think we always try to get into in order to let you and him fight, see — and the people of this country are led down a path where the actual control of their resources, which in the end is the control over their will, is handed off to the government."

. . .

"The government then manipulates that will in order to destroy the freedom of our electoral system through the income tax structure, and we call the resulting slavery a free system."

"In point of fact, it is not as the founders understood, and the only way to restore real freedom is to give people back control over the income that they earn so that they won‘t, at the voting booth and in other phony issues, be subject to that manipulation."

- KEYES TRANSCRIPT (01/28/02)

 

Time to end the shell game.

12 posted on 07/19/2004 10:37:53 AM PDT by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)
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