by Greg Rosendahl
America is no longer a society of 'haves' and 'have-nots’, it is now a society of producers and takers. The latter far out number the former, and as long as that is the case no congress or president can stop the economic disaster that is coming (or already here). At some point, those that produce will simply quit doing so. Those that take will NOT stop doing so - until they are forced to.
Yesterday (April 14) was tax freedom day, the day that the average taxpayer is no longer working to fund the federal government. As my good friend, Gar Bailey pointed out to me; “that is only for federal income taxes and does not include the endless state and local taxes and fees that are paid every day. Freedom day for all taxes would be well into August.” Eight months of working to fund government!! That is 3/4 of your working life devoted to funding what has primarily become a clearing house for wealth redistribution and entitlement.
What will happen when producers quit producing? Are the moochers and looters of this great nation going to storm Washington and demand that the politicians force others to produce for them?
If you keep smacking a dog with a rolled up newspaper, he will eventually quit doing whatever it was he was doing. If you keep taxing the people that really make this country work; those people that create jobs, write paychecks, invest in development, donate to charity, and pay the majority of taxes - they will simply quit. It is simple economics combined with the love of free will that drives people to produce, and it is the intrusion into the exact same thing that will make them stop.
Your income is your property. You have exchanged time out of your very life to acquire it, making it the most basic form of personal property you can have. You would not allow someone to steal your furniture or your car; how is your income any different? The taxation of income is public-sanctioned theft. It really is that simple.
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