And that you argue for multiple posts that the way to fix things is just tax the crap out of someone who makes a little more than you so
that...what??? Exactly what? I want to hear what you think you get out of it, other than the satisfaction their earned income gets whittled down to
closer to where you are. I want to hear what you THINK you get out of it.
Let's review the economics of the "enviable"...because that's what fuels the entire democratic redistribution of wealth philosophy. Effing envy. So
let's review it:
As discussed, on the targeted evil couple of 250,000 gross income combined, they are currently paying $82,500 in taxes. That leaves them $167,500.
Now, they pay taxes to their state (if their state has an income tax) so you have to reduce it by that. On average the states that have income tax
are around 4%, so this couple is paying in around $10,000 to state income taxes. Please note I'm not applying any deductions here...that's Romney's
plan as well, to reduce deductions and exemptions which will simplify the tax code and then you can just talk on straight gross income as I'm
So now this couple is around $157,500. Here's where the envy kicks in. They may live in a newer home or a larger home, anyway, let's just say a
"home of greater value". Guess what? They pay more taxes. They pay more property taxes, they pay a greater chunk of local millage applying to the
local school, and local improvements....damn their hides. They may drive a more expensive car...or two! Guess what, they pay higher taxes. They pay
higher excise taxes and higher taxes in the form of relicensing, etc. They may have more income to take weekend road trips...guess what, they pay
more taxes. They pay more gasoline taxes that go toward road improvements. They may spend more money on food. Guess what, they pay more sales tax.
They may buy more expensive clothing, guess what? they pay more sales tax. They may use more electricity/natural gas in their home utilities, guess
what, they pay more energy taxes and sales tax. All the while, every single one of these "enviable" transactions is a transaction where a local
individual, or a local government agency, is handed funds that improve the local area or keep a local worker employed.
Instead, what the democrats want to do is take some of that money because it's just frigging evil that someone can have extra money that allows them
to have a slightly better home and slightly better car and slightly better clothing. Let's hand it to someone who has never worked, never attempted
work, and has no plan to work. Let's see how we're going to use that money:
Well, the administrative costs of the government doling out funds to those who don't care to be contributing partners in society can't even be
ascertained, but some calculations place it at as high as 80%. So, only 20 cents of what we pay in might actually go to do the following things:
1. Pay someone else's rent
2. Pay someone else's utilities
3. Pay someone else's health care
4. Pay someone else just straight spending power for cigarettes and booze or whatever they want.
5. Pay someone else's cell phone.
6. Pay someone else's car insurance, car repairs
Now, here's the problem. Food bought with food stamps is exempt from sales tax. You just knocked the local and state economy out of sales tax
revenue. You reduced the spending power of the earning couple, eliminated the sales tax of their dollars, and handed a small percentage of that
"disposable income" (after you deduct administrative costs) to a person who will spend their food stamps with no associated tax revenue generation
involved. Section 8 housing is usually exempt from property tax. So instead of the couple of "disposable income" being able to live in a nicer home
that would generate more real estate property tax to the local and state level, the money is handed to the government, you reduce by the
administrative costs, and you spend it on section 8 housing that produces no real estate property tax revenue.
And then, please don't forget, all the income (that should read COST) that went to the receiving person will generate not a spit of income tax...not
one cent. Because to tax this person would truly make you evil.
So you redirect "enviable income" away from who earned it and away from a tax-revenue-generating economy to a government agency that pays more of the
dollar received to itself than it does to anyone who actually could use it, and hands the rest to a person who will not generate any income tax,
virtually no sales tax, no real estate tax....
Please remember, the government really doesn't like to tax itself. Do you realize there is more than one government agency right now that is
criminally in default by multiple pay periods/years on payroll tax? Do you realize that they are not being disciplined nor pressured to pay those
and you have the audacity to pretend that's a sustainable economy.
edit on 10-7-2012 by Valhall because: (no reason given)