Shane Writes

laliberty:

huskerred:

squashed:

huskerred:

Raising taxes on certain categories of people to pay for our egregious spending habits in Washington only passes the buck to future generations.

Technically raising revenue pays for the spending we’re doing now—which eliminates the need to pass the buck to future generations. Any budget has two sides. Money in. Money out. Taxes are low now. A more progressive tax system can both eliminate the deficit and allow us to fund our priorities.

By western standards, yes, taxes are relatively low. I would suggest 1) that our priorities are out of whack and 2) that 20% of GDP should be the maximum amount of revenue consumable by the Federal Government. 

We’re already there. No more. 

Looking at increased revenue as the solution to budgetary woes is foolish. Even if the United States government took every penny of profit from all the companies on the Fortune 500, plus every penny made as income over $250,000 from every individual - it still wouldn’t be enough to pay for half the annual budget. It would take an outrageous amount of pillaging of property and net worth to get anywhere near paying off an annual budget, much less addressing existing debt. And then what happens the following year when no one’s left to cull? 

This is a spending problem. Period. 

Further, I contend that there is no such thing as a tax being too low, just as there couldn’t exist a stabbing by kitchen knife that was too gentle. Any taxation above zero is too high; taxation is theft.

Exactly. Glad there are some people on tumblr that actually understand this. 

Our issue isn’t that we don’t tax enough. In fact, we tax too much. The issue is that we spend even more. Way more than we bring in. That’s why we have a deficit. We’re spending more and also incurring way more debt that we can actually pay off. 

As a result, our dollar is losing value, we are feeling the venom of inflation and that’s why most Americans can’t afford to buy things that were easily obtainable just a decade ago.

Here’s Peter Schiff on the real reason gas prices are soaring, the stock market and the truth behind Warren Buffet’s taxes.  

People need to wake up and stop drinking the Kool Aid from the fountain of Congress. The solution is not taxation. These two factions of what seems to be the same political party want to start a war between classes, so they can use the mob-power of the many to force the entire country into a socialist, corporatist country where your Congressmen will have the ultimate power because they will have the final word on who does what, where, how and why.

They want to rule and control everything you do, right down to your sexual behaviors and food consumption. This ensures that the gov’t gets to touch every single dollar that is generated by the American people. 

That’s the end game for many politicians. 

@Suga_Shane