Value Added Tax

Oh yeah, Obama gonna cut taxes for 95% of Americans NOT!!! Did you really think we could just spend and spend and spend without carrying the burden down to the lowest tax payer? HA!

Now, we have this brilliant idea of a VAT, which is already popular with the GOVERNMENTS of many European governments. The people don't like it so much, but what do we matter.

So instead of instituting the FairTax solution, we are going to have big taxes on the top earners (which they will pass on to the consumer) and now we will also have a VAT on consumables. OH but wait, that will pay for Health Care! Yeah, just like the lousy health care elsewhere in the world.

Watch for this, it's gonna get interesting: VAT

Tax the rich

That's right, tax the rich, see where it gets you. Maryland is collecting $100million LESS than last year. Looks like 1000 millionaires have fled this coup.

Maryland Millionaires

Britain Top Marginal Tax Rate 61.5%

Wow I thought we were bad! And that is on 100,000 pounds or $147,000 US Dollar equiv.

Shall I start the clock?

Britain Raises Tax Rates

Header is off!

Can't keep up with all the outflow of money!

$500billion to the FDIC

Wasn't there another $40 billion somewhere????? Oh yeah, AIG!!! Ya know why they are so interested in keeping AIG afloat? Guess where Congress has their personal insurance, and other goodies.....

Why Socialism does NOT work!

A big raspberry out to my Kiwi friend.

Our founding fathers set this country up as a Republic. Does everyone know what that means? A Democracy is rule by man. Republic is rule by law. This is an important distinction because they KNEW that there would be times when the men in power would be tempted to practice law according to their own personal agenda and try to change the very fundamentals of who we are. Rule of man is inconsistent, occasionally evil and always unreliable.

Now, Socialism is basically boiled down to this quote "from each according to their abilities, to each according to their needs". Let's take a closer look.

Who decides the masses needs? Socialism again breaks away from the Rule by Law. The "needs" will vary depending on who is in power at the time. And how much from each? Another chance for inconsistency to rear it's ugly head.

America has an ungodly (sorry T&M) amount of people who are all to willing to stick their hands out. I don't think we have enough working people to support them all according to what they consider to be their "needs". What level is ok? Tax rate of 36%? 50%? Where does it stop?

There are a few nations out there that claim Socialism works for them. Health care is paid for, college education is paid for. From these people I hear "the government pays...". Well sorry to disappoint but that is just Impossible! The Government doesn't pay a dime. Taxpayers are paying for all these benefits. Government doesn't create jobs (unless it's paying someone to pick up trash alongside the road). Industries, Corporations create jobs. And the only way to get them to do that is to make it attractive for them to do so.

We have an astronomically porous border. And these "illegal aliens" are draining our system more and more. If we were pure Socialist, our system would completely fall apart. We are under pressure already. No way can we afford to take care of everyone.

The LA Times reported that out of all the Illegals in the state of California, only 2% are involved in the harvesting of table goods that Immigration proponents claim is reason enough to let them in. Yet an astounding 28% are on welfare.

Socialism depends on SOMEONE working. The percentage of workers to non-workers in this country is in danger of tipping our boat for good.