The True Story of the Economy

Okay folks, time to get some facts straight. First of all, 40% of this
nation made money off of the Income Tax. That's right, the bototm 40% of
this nation got more out of the Income tax than they paid into it. and
the bottom 50% paid in a grand total of 3%. If they where to stop paying,
then the governmetn would notice almost nothing. This is for one
important reason. The top 1% pays 40% of the taxes, and the top 10% pay
70% of the taxes.

That's right, the top 10% pay 70% of their taxes. Is it any wonder that
they create tax shelters? Is it any surprise that the top 1% store their
money in those fabeled "Swiss bank Accounts?"

No. It isn't. If we keep up this "Tax the rich" theory, then we are
going to see the rich leave as their income tax reaches 80% to 90% of the
taxes paid into the government. Once they leave, then this country will
go down the shithole. We need to scale back spending, scale back taxes,
and try to motivate that lower 40% to make more money.

One of the best things I can come up with is this. Voting based on
taxation. Corporations do this, and it has worked well in the past, in
which the more money you have invested in the government, the more you say
in how to run this nation. If you pay more money into the government than
you get back, you get one vote. then, for every $25,000 you pay into this
government you get another vote up to a maximum of five votes. This way,
those who have more money invested in this government get more say in how
it is run.

Now, some will hurl epithets at me, but it actually makes sense for one
very important reason. A democracy can only last until people discover
that they can vote money out of the public treasury and into their own
pockets. By allowing those on welfare to vote, then you will continue to
see money sapped away by people who vote themselves more money.

Look at the sheer amount of waste being spent on by the government.
Archaeological studies on how ancient Americans washed their dishes, a
bridge to nowhere in Alaska, subsidizing wild blueberries. The sheer
bueracracy of the government in general wasts tens of billions.

And then, you have that Feel-Good nonsense with Minimum Wage. Numbers
from the Department of Labor shows that 90% of those on Minimum Wage
actually spend less than a year on minimum wage. When you increase the
wages of minimum wage, then all you do is cause those who are on Minimum
Wage at the time to face job loss. Last hired, first fired. On top of
that, you cause hiring slow downs, because a company now has less money to
spend on hiring people.


And, before you start hurling epithets my way, just know, that under this system, I would have no vote. On top of that, I would not benefit from these minimum wage hikes, though I would be more likely to get a job without them.