Friday, September 28, 2012

So who pays?


 Since the end of WWII, the answer to that question has always  been 'government.'

Government pays for everything right? But who is government and where do they get the money to pay for everything.  Since the end of WWII, the government has increasingly gotten the money from borrowing and now that the borrowing has reached unsustainable levels, the new mantra of the who pays leftist has become 'the other guy.' More specifically, the 'rich guy.'

But do American really buy all that? Something tells me no. 
A large majority of likely voters believes all Americans should pay some federal income tax -- even if it is as little as one percent of what they make.
Seventy-nine percent say everyone should pay something, according to a Fox News poll released Thursday.  That includes 85 percent of Republicans, 83 percent of independents and 71 percent of Democrats.
According to the IRS, last year approximately 41 percent of tax filers did not pay federal income tax.  The Tax Policy Center estimates that will increase to 46 percent this year.
Most voters (73 percent) are at least somewhat familiar with the widely-broadcast videotape of Republican presidential nominee Mitt Romney talking about “47 percent of Americans” and the number of people paying no federal income tax.  Romney also talks about his concern that the country is becoming an entitlement society and that many are too dependent on government.  Journalists and pundits speculated the tape would damage Romney’s campaign.  Yet a 63-percent majority thinks the substance of Romney’s comment about dependence on government is mostly (36 percent) or somewhat true (27 percent).
Three out of four voters believes the “average American” is at least somewhat dependent on government (76 percent), while less than a third says they personally are (31 percent).  

And here are the French about to try the the ultimate socialist coup. A 75% tax on the evil rich.
At some point the corporate cash cows and the evil golden egg layers will also go belly up or go under. But the socialists never seem to nderstand that reality.

The French government revealed a tough 2013 budget on Friday that seeks to tackle a €37 billion deficit with tax rises and deep spending cuts as unemployment tops three million and the economy teeters on the brink of recession.

By FRANCE 2 / Shirli SITBON (video)
France on Friday unveiled action to plug a 37-billion-euro hole in its public finances with the toughest package of tax rises and spending cuts the country has known in an economic downturn.
The 2013 budget adopted by President Francois Hollande's cabinet commits the ruling Socialists to an austerity programme at a time when the economy is teetering on the brink of recession.
Ministers defended measures that included a 75 percent top tax rate as unavoidable if France is to get its finances under control and meet European Union deficit targets deemed essential to avoid the collapse of the euro single currency.
But opposition critics derided a budget that will take billions out of the economy at a time when unemployment is close to record highs and contested government claims that the richest ten percent would bear the brunt of the pain.
"France is headed into the wall," warned Bruno Le Maire of the main opposition UMP party. Former budget minister Valerie Pecresse claimed: "This budget means 100 percent of French workers will be paying higher taxes."

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