We Pay Tax So Why Should We pay Tax

Discussion in 'Economics' started by change2011, Jun 18, 2011.

  1. BSAM

    BSAM

    Birds have way better lives than lowly human government slaves.
     
    #21     Jun 19, 2011
  2. Inflation is an invisible tax that is used to spend more than gov't takes in. Inflation of fiat money is easy when there are no hard assets backing the money.

    Inflation robs people of Purchasing Power (same as a tax). Inflation transfers productivity and assets of workers to those who sit in chairs and create the fiat money (or loan it out).

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    Taxing with Inflation

    Most countries have a progressive income tax--that is, as income goes up, so does the tax rate. Thus if income doubles, taxes will more than double. With this system, inflation will push people into higher tax brackets. Suppose a person starts at an income of $10,000 and a tax rate of 10% or taxes of $1000. If prices and wages all rise by 20%, he will have an income of $12,000. If his tax bill were $1200, he would pay the same real purchasing power to the government. But if the tax rate at $12,000 is 11%, he will pay $1320 to the government. This means that the government can raise taxes by causing inflation, without ever formally acting to raise tax rates.

    http://ingrimayne.com/econ/optional/HideTaxes.html

    Inflation has been called "the hidden tax" and that is exactly what it is. When the Government "prints" extra money what do you think it does with it? It spends it of course!

    Further deflation propaganda fraud is perpetuated by academics and the mainstream press by pushing the low core inflation argument.

    Governments around the world are using inflation to reduce debt.This hidden tax is on pensions, through V A T and other stealth taxes.Government will no longer use RPI ,CPI will will be used for increase in state pensions.Why are there pension crisis?People live longer and governments create inflation to reduce debt, and fiddle inflation figures.If governments told you the true inflation rates, pay rises and pension rises would make it difficult for governments to deal with.The method of reporting inflation is changed regularly to show low inflation to the masses.


    http://inflationdata.com/inflation/inflation_articles/m3_money_supply.asp
     
    #22     Jun 25, 2011
  3. The problem with OP's question is that those in power could care less what you think - therefore these discussions are meaningless. Try focusing on what you are going to do about it.
     
    #23     Jun 26, 2011
  4. cato ripped the flat tax apart, we dont want to pay 15% on financial transactions, that would be to much like the old days when we paid 300-500 bucks for a stock purchase. Before you tax me tax those that are currently untaxed, we have 1.6 trillion in wealth in non profits how about taxing some of that, we have a underground economy of over a trillion, so theres 2.6 trillion currently untaxed so get them first before you come for us.
     
    #24     Jun 26, 2011