Tuesday, August 14, 2012

Grand Theft Now Legal, But Only If the Government Does it

I had always suspected that Idaho's tax rates were high given our "crappy right to work" state salaries. Down below, I am going to post a chart.

Taxing everything in sight, local governments, state governments, and the Federal government have now reached  the point of diminishing returns. In other words, the US taxpayer is starting to crumble under the burden. We have reached the point where quite simply, it no longer pays to work.

The middle class is fucked. If it even really exists any more.

Let me re-state that. When government steals over 1/2 of your work product only two things can happen. Less and less people will work (a) and (b) everyone will be forced to cheat on taxes. Of course the government will try and tighten the noose- but threatening to lock everyone up will no longer scare anyone and it's pretty hard to lock everyone up in prisons you cannot pay for anyway.

Please check out this chart. Note that there are no product taxes, sales taxes, stadium taxes, property taxes, 80 dollar a month water and sewer taxes, or vehicle registration taxes. No wonder we're all broke.



Anonymous said...

Wow! I'm going to have to borrow this, Brian. I wonder how many people have any idea of the total taxes they pay?

kathleen kirkpatrick said...

Outrageous. What else do you say??