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To: Jim S who wrote (8263)5/26/2010 1:16:21 PM
From: Doren1 Recommendation  Respond to of 16955
 
almost half of what a person makes

If you are a working person in california half would be NICE!!!

rough estimates:

30 income tax
15 SSC
28 capital gains (Tax on money that's already been taxed)
10 state income tax
8 sales tax
1-3 property tax (Tax on money that's already been taxed)
X tax on communications (phones)
X tax on gasoling
X tax on liquor and cigarettes
X excise tax on tires (sales tax is added on top of this tax)

This doesn't count fees:
professional license fees
building permits
Parking meters
parking fees
fees for parks
DMV fees
Rapid transit fees
Court fee (small claims etc)
water and sewer fees

and then eventually our old friend the inflation tax to pay for our borrowing to keep up with our... well Eisenhower warned us.

The last time I looked a workin' guy with a small business was paying at least 70% and handing it along to his customers in a big way. I always went through this list when customers complained about my prices.

Unless you found out right away how to use the deduction system to your legal advantage you remain poor. Its a tread mill that rotates ever faster the harder you work.

When I went into business it became immediately obvious that the way to profits was write offs.



To: Jim S who wrote (8263)5/26/2010 1:57:06 PM
From: Road Walker2 Recommendations  Read Replies (1) | Respond to of 16955
 
If the Federal Gov't would stick to its own business and limit its activities to what it intended to do, the current tax rates would be far in excess of its needs.

So now you are only talking about the federal government? If you keep jumping around it's hard to have a specific conversation.

But if you want to talk about the Feds, look around the world. There is an almost perfect correlation between a strong central governments and successful countries ... and a perfect reverse correlation between weak central governments and very poor counties.

That's not accidental... in order to be successful individuals and businesses have to have superior infrastructure, strong institutions, and effective regulation to create a level playing field. Only then are they free to focus on their core business and compete.

You want small government, try Haiti or Somalia. Hardly any government at all, complete blissful freedom.

Our government is cheap for what we get... way too cheap. You hate America guys with your whining crack me up... in most countries you would be a peasant.