Are you a vampire?
Just the voice of reality.
You want lower taxes? Then repeal programs, otherwise you are just playing hide the thimble with the the wealth of the people.
Under the current proposals as regards income tax Congress and Public pressure appears to be headed towards removing "voters" from the "individual" income tax rolls:
http://www.cbo.gov/showdoc.cfm?index=1545&from=4&sequence=0
| Effective National Individual Income Tax Rates (percent of gross income) | |||||||||||
| Income Category | 1977 | 1979 | 1981 | 1983 | 1985 | 1987 | 1989 | 1991 | 1993 | 1995 | Projected 1999 |
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| Effective (Federal) [Individual] Income Tax Rate (In percent) | |||||||||||
| Lowest Quintile | -0.6 | -0.8 | -0.2 | -0.5 | -0.2 | -1.3 | -1.9 | -2.9 | -3.4 | -5.6 | -6.8 |
| Second Quintile | 3.6 | 3.9 | 4.6 | 3.5 | 3.9 | 3.2 | 3.3 | 2.7 | 1.8 | 1.8 | 0.9 |
| Middle Quintile | 7.1 | 7.5 | 8.3 | 6.8 | 6.8 | 6.1 | 6.5 | 6.3 | 5.9 | 6.1 | 5.4 |
| Fourth Quintile | 9.7 | 10.4 | 11.3 | 9.5 | 9.3 | 8.7 | 8.9 | 8.7 | 8.5 | 8.7 | 8.4 |
| Highest Quintile | 15.8 | 16.3 | 17.1 | 14.5 | 14.3 | 15.1 | 15.1 | 14.8 | 15.5 | 16.2 | 16.1 |
| All Families | 11.1 | 11.6 | 12.6 | 10.7 | 10.7 | 10.8 | 10.9 | 10.5 | 10.9 | 11.3 | 11.1 |
| Top 10 Percent | 17.6 | 18.0 | 18.7 | 15.9 | 15.6 | 16.9 | 16.6 | 16.3 | 17.4 | 18.2 | 18.0 |
| Top 5 Percent | 19.3 | 19.7 | 20.0 | 17.1 | 16.8 | 18.5 | 18.0 | 17.6 | 19.3 | 20.0 | 19.6 |
| Top 1 Percent | 23.1 | 22.6 | 22.0 | 19.3 | 18.7 | 20.9 | 19.7 | 19.9 | 22.8 | 23.4 | 22.2 |
What happens when only 40% of the public participates in a substantive manner in a tax program, and 60% never perceive the full true cost of government on their lives?
60% vote for more benefits and lower taxes, on the backs of the upper 40%. The result, no accountability, either of Congress or of those demanding the higher benefits, higher prices from increased taxation of business (>22% of the prices of all goods and services are embedded tax related costs), and direct inflation of the money supply through financing of government through increasing the National Debt.
It is said more the 60% of the public is not interested in lowering tax rates of the individual income tax. I wonder why? That same 60% looks for ever more from the Federal Government and a growing bureaucracy as a result.
Merely doing away with taxes encourages Congress to exercise the powers to:
And the people demand more from those Congress Critters.
A government which robs Peter to pay Paul can always depend on the support of Paul.
-George Bernard Shaw
While Congress plays both ends against the middle; hiding the real burden in inflation, higher prices on all goods and services, lower takehome pay, lower return on investment, and higher interest rates. All keeping the poor right where they are and pushing for more freebees.
Consider that 15.3% SS/Medicare tax on the 1st $75K of wages/self-employment income, plus the 6% Federal Unemployment tax, all of which are but a portion of the effect of federal taxes embedded the price of all products we purchase. Taken together with the Individual tax rates above we all pay more than:
The real state of Federal taxes:
| Effective Total Federal Tax Rate (Percent of gross income) | |||||||||||
| Income Category | 1977 | 1979 | 1981 | 1983 | 1985 | 1987 | 1989 | 1991 | 1993 | 1995 | Projected 1999 |
| All Families | 22.8 | 23.4 | 23.5 | 21.4 | 21.8 | 22.6 | 22.5 | 22.6 | 23.5 | 24.7 | 24.2 |
Tanstaffel, there ain't no free lunch, but some people sure want to believe there is and will steal from others through the proxy of government if given the opportunity.
We wonder why over 60% of the voters PERCEIVE no problem with the taxrates and vote for polidiots that promise to bring home the most bacon. They are the ones that perceive benefit from higher taxes with more spending on socialistic "gimme" programs. As this continues under this administration or anyone else for that matter, expect a tax and waste congress pandering to special factions for many years to come.
We must control expenditure, those who are responsible for excessive expenditure must participate, that they may be informed of the cost of government imposed on all.
The NRST provides the monitor to allow Vigilance. Public demand and spending go hand in hand with perceived cost, that is simple economics. Obscure cost, government spending runs rampant and will continue to do so until such time as a voting majority of the citizens become informed, on a personal level, of the true cost of government largess in their lives. The NRST provides that where the income/payroll tax system does not.
We are all paying through the nose, rich and poor while politicians play the tune of envy and resentment that Americans continue to respond to not understanding the full picture what is happening to them. The NRST is a means to open VOTERS eyes to the reality.
As pointed out by Alan Keyes in referring to the income tax as the slave tax and supporting a National Retail sales tax to replace it. The Original Intent of the individual income tax is for political and social control not revenue collection. The Individual Income tax is maintained to establish and hold every person in the country perpetual legal jeopardy. That is a situation that must end with the repeal of the income tax from the statutes, and the prohibition of its use by Constitutional amendment that future generations will not face the same manner of manipulation and interference in their lives.
It is long past time to end the Income Tax once and for all,and support the enactment of the only bills before congress that would actually achieve that.
H.R.2525
SPONSOR: Rep Linder, John (introduced 07/17/2001)
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.
Refer: http://www.fairtax.org
the modification then enactment and ratification of:
H.J.RES.45
Sponsor: (introduced 4/25/2001)
Latest Major Action: 5/9/2001 Referred to House subcommitte.
Title: Proposing an amendment to the Constitution of the United States relative to abolishing personal income, estate, and gift taxes and prohibiting the Untied States Government from engaging in the business in competition with its citizens.
(Modified to prohibit all income, payroll, gift estate taxes as HR2525 calls for, or we will see European VAT style hidden taxes along with payroll excises to take over in the place of the of the current individual income tax(i.e. personal income tax) that Ron Paul amendment prohibits.)
And to keep em reminded that there is indeed a Constitution to pay attention to:
H.R.175
Sponsor: (introduced 1/3/2001)
Latest Major Action: 2/12/2001 Referred to House subcommittee
Title: To require Congress to specify the source of authority under the United States Constitution for the enactment of laws, and for other purposes.