My latest post, Sticking it to the $300,000 “millionaires” is up at the Star-Ledger’s NJ Voices. It has to do with this bit of news.
American and Latin American Politics, Society, and Culture
My latest post, Sticking it to the $300,000 “millionaires” is up at the Star-Ledger’s NJ Voices. It has to do with this bit of news.
Well what do you expect. Government will not cut programs. They demand government growth year after year. If you have a bad year they still have to grow government. Government demands all the life blood. They never understand that once you get to a certain level. More people will demand government assistance because they are taxing jobs out of their economies.
I see Federal government raising taxes, I see State Government raising taxes and Local governments.
Each one wanting more and more of the pie.
Let me define taxes. Any tax or fee imposed by any body is a tax. Calling it a fee does not make it not a tax. If government collects and demands more money they are removing money from the economy. Which means slower recovery if not pushing their economy into a Michigan depression. Michigan made thier state into a depression because of tax hikes before the rest of the country had a recession.
Congress in Washington DC spending trillions of dollars will demand one of two things. High Inflation which devalues our money even more. Or Higher Taxes which again removes jobs to help with the economy.
I have been unemployed for 2 months on Monday I start a new job. I hope it lasts for a few years. But the problem was I took a job that paid half of what I was making last year. DOing the same things.
Income Deflation is happening at the same time of Tax and fee inflation. Eventually I may have to go homeless because I can not afford to pay rent because government will demand even more money than I can produce. Goverment solutions of increase taxation only cause more and more people to join the poor class. THeir greater good is to fill their pockets by hurting those who work. Their feel good policies only make things worse for everyone. YEt these same poor people live by the lies that thier lives will be better if they get elected to steal even more money from the poor by their policies.