April 15, 2013 5 Comments
It’s tax day here in America. We can expect an onslaught of local news stories about last minute tax filers and the post offices that service them. All propaganda to take focus away from what’s really going on today. No tax in the history of this country has been worse for freedom than the income tax. This tax allows government to be involved in our personal lives like no other tax. In fact, there are cases out there that admit that all of our income belongs to the government, it’s only through the benevolence of Congress that we are allowed to keep any. A quick read of the 16th amendment suggests the court interpreted it correctly.
President Obama released his tax returns over the weekend. How did we get to the point where we expect the President to release his personal tax information? Obama’s taxes are really none of our business and he should feel no obligation to share them with the world. Since he did, we can note that despite qualifying for the highest income tax bracket he only paid 18% of his income in Federal taxes. Not surprisingly Obama isn’t cutting a check to the Treasury in order to pay his “fair” share. Like everyone else, Obama paid the most he was required under the law. Rather than lead the way for evil rich people, Obama only paid the bare minimum.
Obama’s 2014 budget is largely dead on arrival. It includes any number of tax increases, he’s back on his corporate jet tax kick again. Obamacare kicks in next year along with its individual mandate tax. Some of the taxes for Obamacare are already in place, including the medical device tax that most of the Senate tried to repeal. (interestingly the media never reported this) This year 80% of the country saw a tax increase, it hit the middle class more than anything else which is why we’re seeing a dip in consumer confidence and spending.
As a nation, Federal tax freedom day isn’t until April 20th. Meaning we as a nation are working for the Federal government from January until the middle of April. That’s before we start working for the state and local governments who all have their hands out and their police force waiting in the wings to take our money by force. At what point do we say enough is enough? Obama and the Democrats clearly don’t think we’ve hit enough yet, the President has any number of tax increases he would like to push through. Democrat governors are passing tax increases left and right. At what point do we the people say enough is enough, especially as we watch the utter incompetence with which government spends our money?
Tax day gives us the opportunity to ask these questions. Unfortunately so long as we have a vast underclass being fed off the government teet we’ll have a significant number of people who don’t think we’re being taxed enough. We have 45 million plus on food stamps, millions on housing subsidies, welfare and other government handouts. We have millions added to the social security disability roles, just in the last few years we’ve seen substantial increases. These people don’t pay taxes in any significant way, for them there is no enough. They’re net takers. FDR paid people with tax money to vote for him, Obama has done the same. It’s going to be very difficult for Republicans to win so long as the vast underclass is being paid by government while not paying anything into the system.