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Re: Can't rely on Big Business or Big Government said by wifi4milez:said by toby:Compared to Western countries, our total taxes (income/property/sales/school/fees...etc) is actually higher, and we get very little in return for these high taxes. Not sure where you came up with that bogus statement, as countries such as France have a total taxation of close to 72%. In reality, Americans, in 1988, paid up to 92% of their income in taxes. You need to consider the 'hidden' taxes--like those passed down to the consumer by manufacturers in the price of goods. The biggie though is inflation. More correctly, monetary depreciation. The government prints paper and gets the full value of it the first time it uses the paper, but by the time it trickles down to the public, the increase in paper circulating has reduced the market value of those dollars. So the government taxes you via inflation, the most cleverly-disguised tax.
Why else would the guy earning $100,000 only have about $8,000 or less in disposable income? | |
 wifi4milezBig Russ, 1918 to 2008. Rest in Peace
join:2004-08-07
New York, NY | said by disconnected :
So the government taxes you via inflation, the most cleverly-disguised tax.
That makes no sense at all. The government in no way benefits from inflation, so it cant be grouped with taxation.
said by disconnected :
Why else would the guy earning $100,000 only have about $8,000 or less in disposable income?
That doesnt make any sense either, and it is impossible to answer that. There are a multitude of things that we would need to know before we can even begin to analyze this. Such as, where does that person live, how much is his rent, does he have terrible rate on a mortgage, how big is his family, etc. etc. etc.
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Комитет государственной безопасности
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