Calculating the Suffrage of Taxes
If you came looking for someone to argue with over the value of our government, today is not the day. I have been robbed and beaten by the ever hungry government. Once again I have given my all to support the needs of my family and to help those who I choose. Yes, I believe it should be a choice. Charity would feed and cloths far more of the needy then our government with its bloated baggage could.
Taxation is a tool used by government to take power from the people. Your money is your vote. Every time you buy something you are voting for that product or service. You are saying I want more of it and I am willing to pay for it. When the government taxes you they are limiting your ability to vote and promote that which you find of value. Often the government takes your money and does things with it that are in direct contrast to your values and interests. We have often seem our money sent to foreign leaders to be wasted as an example. We see government programs that serve to limit and reduce our every effort.
Have you ever sat back and considered how much different this nation would be if you controlled more of what you earned? The government by way of direct and indirect taxes, fees and sir charges removes about 42% of your power. Most American families are so drained by this burden that they need an additional income just to take care of the basic needs.
The awkward side is that so many people have been brought up on the milk of government programs they no longer no how to take care of themselves. This life on the dole serves to further strengthen the power of government over us.
The excerpt below is from pgs 19-20, Annual Report of the Secretary of the Treasury on the State of Finances for 1921:
It has been obvious for years and yet we are still sitting here taking it. Now we have even greedier government with an even more ravenous appetite for your money. Now is the time to seek out candidates at every level who want to restore our constitution and reduce our obese government. Don't wait till the polls open come November. Get out there and make it happen. Don't forget to vote with a few of the dollars you have left before they come for those as well. Find a good candidate with the right perspective and help them win the election.
Taxation is a tool used by government to take power from the people. Your money is your vote. Every time you buy something you are voting for that product or service. You are saying I want more of it and I am willing to pay for it. When the government taxes you they are limiting your ability to vote and promote that which you find of value. Often the government takes your money and does things with it that are in direct contrast to your values and interests. We have often seem our money sent to foreign leaders to be wasted as an example. We see government programs that serve to limit and reduce our every effort.
Have you ever sat back and considered how much different this nation would be if you controlled more of what you earned? The government by way of direct and indirect taxes, fees and sir charges removes about 42% of your power. Most American families are so drained by this burden that they need an additional income just to take care of the basic needs.
The awkward side is that so many people have been brought up on the milk of government programs they no longer no how to take care of themselves. This life on the dole serves to further strengthen the power of government over us.
The excerpt below is from pgs 19-20, Annual Report of the Secretary of the Treasury on the State of Finances for 1921:
"But the direct effect of these very high taxes is to hinder and prevent business transactions which would otherwise take place. A man may have property which he has held for years and which has greatly increased in value, and he would like to sell it, but if he does a large part of the gain would have to be paid out in taxes. He would rather keep the property than sell it, pay the tax, and invest what is left in something else. At the same time the party desiring to buy this property, if he obtained it, would improve it with buildings.
What is the result? The transaction does not take place, and the community loses the advantage which would come in the stimulation that would arise from the transactions resulting from the buyer's improvement of the property, and it also loses the advantage of the seller's putting his money into some other form of investment, which in turn would give rise to business transactions. The same thing on a much greater scale is true in manufacturing and mercantile lines. Men have built up enterprises to the point where they are highly successful. They would like to take their profit and turn the business over to younger men to carry on.
These transactions are highly desirable not only for the parties but for the community, yet they are absolutely stopped, because if made the seller would have to pay in one year a tax on a gain which has been the result of perhaps the better part of a lifetime of effort. And in all such cases the Government gets no tax, whereas if the rates were reasonable the transactions would take place and the Government's revenues would benefit accordingly.
The free interchange of property in business transactions is essential to the normal prosperity of the country, and each such transaction has a direct tendency to bring about others of like character with the result of increasing the amount of gain or income available for taxation; but when the tax is so high as to act as a deterrent against usual and desirable business transactions, and the volume of such transactions is thereby lessened, the inevitable result is for the tax to become less and less productive.
It is for these reasons that, particularly in the higher brackets, a lower tax rate will produce more revenue in the long run than excessive rates. So long as the high rate stands in the way of accomplishing bargains and sales, the Government receives no tax; but at a lower rate the transactions proceed and the Government shares in the profits."
It has been obvious for years and yet we are still sitting here taking it. Now we have even greedier government with an even more ravenous appetite for your money. Now is the time to seek out candidates at every level who want to restore our constitution and reduce our obese government. Don't wait till the polls open come November. Get out there and make it happen. Don't forget to vote with a few of the dollars you have left before they come for those as well. Find a good candidate with the right perspective and help them win the election.
Labels: Business, Economy, Election, Freedom, History, Taxes
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