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Monday, April 14, 2008
This is why socialism sucks
Read this story dealing with tax payments and you will see what the inherent problems of socialism are.
WASHINGTON (Map, News) - Tuesday is the deadline for filing federal income taxes. Half of American taxpayers will pay 97 percent of the individual income taxes the government will collect for 2008, according to IRS data. The other half will pay little or nothing, yet receive billions in benefits in the form of cash, subsidies, “free” services and other benefits, and loans. There are indeed “Two Americas,” but the two aren’t the rich and poor, but taxpayers and tax consumers. It’s going to get even tougher for the taxpayers in the near future, thanks to legislation being readied by Democrats who control Congress.
Let us face it. The democratic party relies on buying the vote of those 50% that pay nothing or very little with largesse at the expense of those that pay. And as the ratio of those that pay declines and that of those that have figured out how to game the system increase, there will be less money to go around and buy votes with. Of course the commiecrats will correct that by taking even more away from the payers as the article points out, driving more people into the hands of the government for their daily subsistence.
As someone that has people living in socialist Europe I have first hand knowledge of how well that has worked out for them and how bad things have gotten after juts a couple of decades of this crap. Italy had an election this past weekend that meant nothing. Mired in corrupt socialist government that stifles any kind of productivity or creativity, the country has become a parasite that sucks vast amounts of cash from other European nations but remains unable to correct the fact that their idiotic & corrupt anti-capitalist socialist policies have made the cost of living so high that general population that has become accustomed to government taking care of them indirectly or directly - way too many Italians work for the government doing nothing but shuffling paper - can make ends meet. The country is falling apart. And yet the politicians cling to their failed socialism hard because without that they would all be out of work.
In the Netherlands, because of the high value of the Euro and the protectionist policies of the EU vis a vis imports, people are now spending 4 if not 5 times the amount they did just a couple of years back for their weekly groceries. Everything is so expensive and government has been forced to cut back services so drastically while providing little or no tax relief that people are for the first time in 5 or 6 decades experiencing trouble getting food on the table. And it is getting worse, not better, because the efforts to move away from the failings of socialism are not being done effectively, and even worse, are often taken without returning the taxes that where being collected back to the people. So in the end the people are left with the same low after tax income and even bigger financial obligations to meet. A recipe for failure.
Many wonder how bad we are having it in America with our supposed economic slump (remember it is an election year and the MSM always feels the economy is bad as long as the guy in the WH has not got a (D) next to his name so the majority of the doom & gloom we are hearing is contrived if not outright false), but compared to how bad they have it over there we are still much better off. Well at least until after the election when the commiecrats want to take us down the same road to disaster that these socialist Europeans took not more than 2 decades ago and are now all forced to rethink or perish from.
But them’s the breaks during an election year when the left is out of power.
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