The U.S. has been having a wild party for a decade as banks have been financing all those that needed credit. This has produced a boom for business as the registers rang and homes were sold to every applicant. The states hired millions of new employees to meet that boom and now that the bubble has burst the state needs money for the salaries of those new employees. Where can the state get it??
Consumer taxes are a last resort to feed hungry governments at the expense of the majority of the population who are barely surviving. This is wrong because it is a cruel way of making taxpayers of those with small incomes. The fairest way for the government to support itself is by reducing the salaries of overpaid employees and laying off those that are not needed. But it is easier for politicians to bully the poor and weak so the cruel consumer taxes will soon be put into force. The outcome will be billions bled from the pockets of the most needy and poverty increased to a new level.
Published by MP
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2 Comments
Post a CommentThere is much wisdom in this short-but-sweet piece. Let's trim the fat from the bloated government carcass First instead of imposing yet another arbitrary, confiscatory tax aimed at those least likely to be able to pay for it!
Taxes are, in some cases, a necessary evil, in others, an out and out waste!