So you were just trying to show how inflation was a tax?
ROTFLM(_|_)!!! Only you would try to strain the camel through the needles eye.
The Big picture of where we are, where we have been, and where we are headed:
Without a significant change in our paradigm of taxation and its relationship to the growth of government control over our nation the trends are clear:
Extracts From:
Grandfather Tax Report - MWHodges
TAX DAY IS EVERY DAY
FOR 5 MONTHS EACH YEAR
That's 258% more months 'working for government' than it used to be, as shown in the chart.
The government taxes when you earn it, taxes you when you save it, taxes you when you invest it, taxes you when you spend it, and, when you die, they tax what's left over. What did they leave out?
5.1 months working for taxes is 43% of a year. In 1776 Thomas Paine argued that if a king demanded 50% in taxes, we wouldn't pay it. We are nearly there.
Who said the 'era of big government is over?'
TAXES INCREASE -
SAVINGS PLUMMET
HOW OUR MONEY IS SPENT
we know from above that we work 5 months for government
- here's another view, compared to food, clothing, etc.
"This 42% for government, you will notice, is more than the sum of the food, housing and clothing components in the chart which total 37%. Many will say one needs food & housing more than government - - especially more than large government.
We know government's taxes and regulations impact family cost of living and inflation, just as any other item faced by individuals and families.
- We know our federal income taxes have not gone down, nor sales taxes, nor property taxes, nor social security taxes, nor Medicare taxes, nor excise taxes, nor utility & telephone taxes, nor - - (you name the ones I left off). Have you ever heard of a tax going down, and staying down? If they go up, which they do, or if they slip in more taxes (or reduce deductions) at federal, state, or local government levels, which they do - - that is added cost to is added costs to families just as food and clothing, which also is subject to inflation that should be in the cost of living index so individuals and families can better understand total inflation Yet - - taxes are not included in the CPI computation, yet the cost of government is the largest spending component in the economy. Question: Why Not?- - as reported in the Inflation Report.
- we also know government tax revenue at all levels has been increasing at a faster rate than both GDP and personal incomes. And, from where does that revenue originate?
Answer: It all comes from individuals and families, because they pay all costs of government, in one way or another, both direct and indirect. - and, we know federal government spending has increased faster than general CPI inflation and even faster than growth of the entire economy. See the Federal Government Spending Report.
- and, we know state and local government continues to increase their employee headcount faster than growth of the general population - - as shown in the State & Local Government Spending Report. What percentage of households have experienced a reduction each year in their property taxes? Answer: that's not on anyone's radar screen. How many have seen their property taxes rise? Everyone! That's inflation, and must be included in the CPI.
- and, we know government employees don't just sit around doing nothing, they write more regulations each year, which increases compliance costs impacting families, as shown in the Regulation Compliance Cost Report. This component is not shown in the 42% slice of the above pie chart. "
And what does government do with it all?
More Extracts From:
Grandfather Government Growth Report by MWHodges
"America is more a socialistic nation, and less a free-market economy, then ever before in its history, because our total economy has become significantly more government-dominated and dependent.
Think of the total economy as a pie, divided into two economic slices (the government sector share and the pure private sector share), where the whole pie is the total national income. If the government share expands faster than the total economy, then the free-market private sector's share is compressed.
With 3 simple color pictures, we will view the relationship between these sectors at three different times in our history (prior 1930 and the New Deal, after World War II disarmament in 1947, and as it is today) - - and observe the march of socialization in America.
Keep your eye on the red slice of the economic pie, as we will move from the first pie chart (below) to the second, and then to the third. That's the government [federal + state & local] spending sector dominating & controlling more and more of the nation's economic pie.
Therefore, less and less of the nation's economic pie is left for the pure private sector, being that part of our economy not dependent on government spending yet upon which national productivity, savings, living standards AND freedom fully depend for our youth. "
| Relative Shares of Economy | ||
| pre-1930 | post WWII (1947) |
TODAY (2004) |
 |
 |
 |
Pre-1930, "12% of national income was consumed by government spending."
Post-WWII, "22% of national income was consumed by government spending"
TODAY, "47% of national income is consumed by government spending."
"HERE'S WHERE WE ARE - 43% of our economy today is dependent
on government spending & control"
One picture underscores it ALL:
TAXES
100years of history under the income tax makes it clear that we will not get there
(smaller government) from here (the income tax).