Monday, April 18, 2005

Tax Freedom Day

With the MSM’s frenzy centered on Tom Delay, you may have missed Tax Freedom Day. Tax Freedom day is the day you stop working for the government and start earning for yourself. The RNC claims Tax Freedom day occurred on 14 Apr this year, 18 days earlier than in 2000 under the scandal ridden reign of Willy the Slick. The Taxpayer Union says freedom doesn’t come until 17 Apr. At any rate, we’re mid way through the fourth month of the year before any of us start to take care of ourselves and our families. Were things right in the US of A, Tax Freedom day would occur about mid way through February. As noted below there should be only two rules in the US tax code. Anyone earning over $25,000 pays 12%. The only deduction is for people. Simple? Well, I was reminded that Libs have their own two rule tax code. 1) How much did you make? 2) Send it in.

If churches across America can get by on 10%, the government ought to be able to get by on 12%. Our federal budget now exceeds three trillion dollars. Trillion is a fairly easy word to say, but few comprehend exactly how much a trillion is – look here to get an idea of what a trillion really is. Now, our federal budget spends over three of those incomprehensively enormous things called a trillion. That’s 32-33 trillion over a ten year period. Yet Libs think we need to raise taxes to 1) get more money for the federal government and 2) redistribute wealth from the movers and shakers who earn it to the lay-abouts who think that because they were lucky enough to be born an America they deserve some of it.

I am of the opinion that a government that can’t get by on three trillion, probably won’t be able to get by on four, five, or six trillion – the budget will simply grow to match the amount of money available. Think about that. If congress can’t get by on three trillion of your dollars, what does that say about the people we’re sending to Washington? It’s as if Bill Gates was to say to his wife and family at the dinner table one night, “Well, I’ve looked at it seven ways to Sunday, but I just don’t see how we’re going to get to Disney World this year. I could sell off 100 billion or so of my Microsoft stock, but the taxes will kill us.” It’s insane.

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