Also, everyone who works pays payroll and medicare taxes. So the notion that 70% don't pay taxes is highly misleading at best.
That's not the notion, though. If you pay me $12 for every $100 you make, but I give you back $20 in services, food, and direct cash payments, are you better off for it?
posted on 09/25/2009 10:36:33 AM PDT
(Indignation over the Sting of Truth is the Defense of the Indefensible)
Only problem is the notion that you “get” services back from the Feds for what you pay is nonsense. Under this notion when you get to take your Mortgage Deduction off your taxes you are “getting” a service.
No, you are getting to KEEP your own money. That is not a “Service” from the Feds. This also ignore things like Gas taxes etc that we all pay to fund things almost NONE of us actually use, like Mass transit schemes. Even though those are useless, they are counted as “goods and services” we “get” from the Govt. No they are ego building projects foisted on us by politicians looking to hand out tax dollars to their campaign donors.
posted on 09/25/2009 10:43:07 AM PDT
(The 0 regime: harmless as an enemy and treacherous as a friend.)
If you pay me $12 for every $100 you make, but I give you back $20 in services, food, and direct cash payments, are you better off for it?
Not if its $20 in government delivered services. As a rule of thumb, 50% of any wealth that passes through the government's hands is destroyed. In general, civilian government workers cost much more than the free market value of their output.
posted on 09/25/2009 10:44:14 AM PDT
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