The only "reform" necessary for entitlements is to GET RID OF THEM! As for taxes on SS, the money that was stolen from a person's paycheck all those years WAS TAXES! So now they're taxing our taxes. It's total insanity!
Contact him at comments@whitehouse.gov
Absolutely! Read my tag line.
Carolyn
Always has been, always will!!!!!!!!!!
You go to work, earn, get paid and that money is taxed. Say 30%. You have 70% left.
Then you go buy something and there is a 5% sales tax, not uncommon. So in effect out of the 70% you thought you had clear, you only had 65%.
But let's say you spent everything that year. That 65% didn't buy 65% of stuff, because everything you buy has taxes built in/add on as a cost of doing business. This is done at every level, like a value added tax. The companies that made the stuff, the trucking companies that moved it, the stores that sold it all have to pay and pass on local, state and federal taxes. So, in truth, you bought only 50% of what you earned.
Phew, thats over.
No it is not.
Let's say you bought land, a house, a car, boat or furniture. Every year, the local or state government is going to 'access' taxes upon it. Depending on how long you own it, taxes could be another 10% or more, so you better set aside the money to pay for it, so in effect you are down to say 40% percent. Government in one way or another, and at local to Federal level has taxed you 60%.
Taxes are raised so the government can spend them. However like the slave civilizations of the old Egyptians or Mayans, government has regulations, laws and edicts in which they just command or take our property for supposed useful purposes. It isn't a tax, although taxing, it's just democratic slavery in which your fellow citizens don't want to pay you as it cost too much, so they just order you to do it and you eat the cost or take the loss.
Nice. Have a nice Sunday, go to church and remember God himself only wants 10%.