To: 2ndDivisionVet
2 posted on
04/18/2014 12:00:33 PM PDT by
Dick Bachert
(Ignorance is NOT BLISS. It is the ROAD TO SERFDOM! We're on a ROAD TRIP!!)
To: 2ndDivisionVet
Businesses DO NOT pay taxes. They COLLECT taxes and imbed the cost in their goods and services. ONLY PEOPLE PAY TAXES.
Neat, huh?
3 posted on
04/18/2014 12:02:42 PM PDT by
Dick Bachert
(Ignorance is NOT BLISS. It is the ROAD TO SERFDOM! We're on a ROAD TRIP!!)
To: 2ndDivisionVet
Obama paid an affective rate of 20%.
4 posted on
04/18/2014 12:10:37 PM PDT by
demshateGod
(The fool hath said in his heart, There is no God.)
To: 2ndDivisionVet
Because of the ever increasing tax liability, fees, and regulations on my real estate business I've done an about face on how I view my tenants. I use to believe that I was better off not raising the rent on tenants that paid on time and were not disruptive. I figured that with the normal turnover I get 7-10% per year that I could raise the rents on those units and the increased income would keep pace with my increasing costs.I've come to realize that I can't keep up with the consequences of the nanny state with this approach.
Now, every unit is getting a $25.00 a year increase until I can't rent the units at the higher prices. I'm telling the long term tenants that are complaining that I'm sorry, but when people start taking the food off my table that feeds my family I will find a way to get it back.
If things don't change, (I really don't think they will), my last option is to convert the apartments to condos, sell them off, pay my taxes and move out of the country.
5 posted on
04/18/2014 12:12:15 PM PDT by
wmfights
To: 2ndDivisionVet
Medieval lords confiscated one-third of peasants’ crops, and then left them alone.
Now they take half our ‘crop’, and then tell us how we are allowed to live our lives.
7 posted on
04/18/2014 1:15:58 PM PDT by
fanfan
("If Muslim kids were asked to go to church on Sunday and take Holy Communion there would be war.")
To: 2ndDivisionVet
I don’t see my Self Employment tax on that list. I pay the full 13% Social Security boat. Also not on that list is our new “Health Insurance Tax.” Since heath care insurance is mandatory and has been declared a tax by the Supreme Court you can add those premiums to your list. Also not on the list, but could be are the money we pay out to government agencies and government regulated monopolies like the water district, and the public utilities.
To: 2ndDivisionVet
Impact fees, regulatory fees, self-employment taxes,... Nearly all are at fault in the matter.
Heavy Hitters: Top All-Time Donors, 1989-2014http://www.opensecrets.org/orgs/list.php
American Fedn of State, County & Municipal Employees $60,949,129 [Democrat] 81% [Republican] 1%
National Cmte to Preserve Social Security & Medicare $10,414,606 [Democrat] 82% [Republican] 17%
Leviathan (Uncle Sam employs more people than you think) National Review ^ | 02/03/2011 | Iain Murray
"
...nearly 40 million Americans employed in some way by government."
9 posted on
04/18/2014 2:24:06 PM PDT by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
To: 2ndDivisionVet
The author provides a lot of tax details, which is good.
But, a simpler way to look at it is to follow the ratio of government spending at all levels to income. The earner will pay for it, either in taxes, or over a longer term, through inflation (if the government runs a currency-degrading deficit).
No less a luminary than Milton Friedman said that the measure of government’s burden was its spending.
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