..and then there is the employer...
A self employed person pays DOUBLE for FICA deductions on themselves
(An employee pays half and the employer pays half usually) and then
they have to buy office furniture. so..
If I buy the furniture then I am paying a sales tax. Then at the end
of the year I pay the City tax BECAUSE I OWN THE FURNITURE.... and I
pay the Parish tax BECAUSE I OWN THE FURNITURE. I then repeatedly pay
the city and parish tax because I own furniture that I already had to
pay sales tax on. In New Orleans, they tax you for owning a car,
every year!
Lester
On Mar 3, 2011, at 7:49 AM, Robert Duquette wrote:
>>> It's easier than raising taxes.
>
> Really? Think about what happens to a dollar that you earn.
> If you're an employee, there is a tax deduction at source.If you
> save what's
> left and earn interest, the interest is taxed.If you spend the
> money, you pay
> sales tax.If you save enough of those after tax dollars, you can buy
> a house.
> If you really go on the hook to get into a better neighbourhood,
> then you get
> taxed more. Do you get more service? No, you just get to pay more,
> because
> they think that you can. ( Income and property taxes seem communist
> in
> structure. )
> Then there's sin taxes on gas, tobacco and booze. ( First they
> drive you
> drink with taxes, then tax you heavily on the drink. )
> You paid taxes to build streets ( and parking ) and then pay to use
> the
> parking that you paid to make available.
> Then the person that you spend the remnants of that dollar to, gets
> to go
> through the same process; and then the next; and then the next, etc.
> When you die there is an estate tax which retaxes the income that
> you managed
> to save. You've already paid taxes on it, but you can't give it away.
> I think it's quite easy to raise taxes. Don't they do it every year
> where you
> are? I wish I could do that. "Hey boss, I want to spend more than
> I'm making
> now, so you're going to pay me 3% more this year. You can vote me
> out in 4
> years, but really, the next guy is just going to do the same thing!"
> Here's an example of municipal spending in Ottawa.
> http://www.cbc.ca/news/canada/ottawa/story/2011/03/02/ottawa-westboro-land.ht
> ml
> But, in a nutshell:The city sold some greenspace to a developer for
> 12.5
> million.Rezoned the land for them.Now have voted to buy back 1/4 of
> that land
> for 11.5 million, 2 years later.It is worth more now, because it is
> rezoned.
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