Monday, March 7, 2011

Taxes

I hate taxes. Perhaps the main reason I hate them is because I hate the government and taxes is a way to pay their salaries and giving them money to spend any way they choose...and since I don't trust or believe in the capability of the government I really hate the idea of taxes.

One thing I've found is that a lot of people don't really consider taxes as their money anyway. That is amazing to me. This isn't the Soviet Union! The government works for the people not the other way around. When a government employee spends their day piddling and doing nothing it upsets me because they are just dead weight costing us taxpayers money....if we get rid of those people our taxes go down! But yet, when people get a tax return they act like its 'free money!'. That money is not free, that was your money...that's right, your money. You just foolishly gave the government a no-interest loan and they are paying you back.

Think of taxes the way it really is. Take your gross pay, say it's $60,000 per year. That is $5,000 per month. Now, chances are if you make $60K per year you pay about 25% tax once you add up federal, state, social security, etc. So that means your take home pay is $3,750 per month. A lot of people just consider that $3,750 as what they make and they feel like the $1,250 the government took away as not really being theirs anyway. Well it is.

How much is the mortgage or rent for this person who makes $60,000 per year? Well it's probably somewhere around $1,200 per month because generally speaking your mortgage/rent should run around 30-35% of your take home pay. So think about that, you are paying just as much money to Uncle Sam as you are for the place you live? Of the $5,000 per month you earn, you pay 25% to the government and 25% to the bank/landlord, and you've just got 50% left! That is a huge chunk of change the government is taking from you. Don't you want to make sure they are spending your money wisely?

I don't like taxes, period. I don't think anyone does. But I just want everyone to fight for our taxes to be spent wisely. We don't need to pay for layers and layers of government. We don't need to pay government workers $50,000 per year to do menial tasks that a private company would pay $12/hour for. We don't need construction workers on government jobs making triple what they normally make...that is a waste of money and completely un-capitalistic. Lower taxes or spend them better..that is what we should strive for.

JB

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