posted on Aug, 6 2009 @ 01:28 PM
The banks and insurance crooks that local laws force us to pay for are far worse than paying income taxes, people just don't a clue how much they are
paying. People don't see that every purchase with a credit card or debit card pays ten percent to the banking industry. These businesses have to
recoup that money somehow, and they don't charge it to the customers using the cards, because they would stop paying with those cards, SO, we all
wind up paying this ten percent fee. That is more than I pay in income taxes every year.
Of course all businesses must have insurance. Insurance companies have stricter regulations than the federal government. Guess WHAT, everytime you
buy something from a store you are paying those insurance costs. All because deregulation has resulted in a vast increase in lawsuits.
The sheople cry about paying income taxes, when they are paying far higher private sector tax rates to the insurance companies and the banks.
I don't mind paying my taxes when I feel I am getting something back for it. We need a military, and people to make sure the food you buy isn't
poison, and that the people who manage your 401k fund aren't robbing you.
Unfortunately, the the repubs took over congress back in 95, they rewrote that laws allowing the investment industry to start robbing people with
their computers, and by 1997 corruption in business became the norm, and our economy has been on a rollercoaster ride since then, the internet boom
and bust followed by the housing boom and bust that has gotten us to where we are now. The GW admin came into power, and made things worse, then we
started getting food from China, where business corruption has been the norm for centuries, only to find out that the baby food from China had poison
Now we have a democratic congress and president. Hopefully they undo all the damage created by the repub crooks, and start looking after the welfare
of the people again. This isn't going to happen over night, but hopefully, eventually it will
It is the state and local governments that bother me the most. The money I had to pay to the lawyer to keep seeing my kid was the biggest rip off I
have ever faced. There are so many traffic laws that we are all guilty of some traffic violations every time we drive. When the city, county, or
state need more more money, the just send the troopers out to shoot fish in a barrel.
By the way, no, corporations do not pay for our military. The largest chunk of government's income comes from the middle class, the top 80% to 99.9%
if income earners. It is the small business owners who are really getting screwed. By the way, around 40% of the people in the bottom 50% of income
earners are either students or retirees, who either spent most of their life paying much higher taxes, or will spend their life paying far higher
taxes, and of course those people who succeed in hiding their income.