Money tree?

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Apparently the Democrats have a money tree they aren’t telling people about. Actually, it must be more than one, because there is no explanation of how this government give-away can be paid for, let alone sustainable.

What I can’t figure out is where they think the money for this is going to come from. Higher taxes? Who can pay those since many business are shut down? Oh, and since business are shut down, they’re laying off or furloughed their workers. And those workers don’t have money to spend at the businesses that remain open. The business that remain open? Well, they reduced hours and laid people off.

You see how this works, right? The cycle the economy follows is self-generating. In order for it to work, all parts have to be working efficiently and effectively. There is no part of an economy that doesn’t rely on another part of itself to work, removing parts keeps it from working.

Guaranteed Minimum Income. Universal Basic Income.

Two bad ideas and perhaps this is all about a dress rehearsal for those. Sounds great on paper but doesn’t work in reality or practicality. It’s been tried and nearly always/completely leads to disaster. But the socialists in the country are gonna keep on pushing it because you know, the mirage of utopia is just one the other side…

Perhaps its an attempt to buy votes for the upcoming election in November.

“Look what we tried to do (or did) for you! But those big bad, typically small government and more fiscally responsible Republicans kept us from giving you free money that we don’t have and can’t afford. Aren’t they mean? They’re keeping you on the bottom on purpose by not giving you the opportunity to receive free money instead of earning it. “

If a politician is telling you that you can get something for nothing, you better look real hard and ask a lot of questions. It ain’t true, no matter what they tell you! There is always a cost, and it definitely won’t be what you think it is and it won’t be the first thing you find. Dig deeper.

 

 

 

Becoming rather taxing

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The state I live in, Washington, has no income tax. It’s against the law.

What you’ll read in this article is that our legislature is trying apply a tax on businesses with employees who are paid more than $150k a year. All in the name of battling homelessness.

Sounds great does’t it? Not so fast.

The Seattle City Counsel passed a “head tax” on Seattle business last year (you’ll also read that in the article too). That tax was aimed at large corporations whom they feel are exploiting workers and causing the housing costs to go up. So, they would tax these companies X number of dollars per employee, over a certain number of employees. If I remember correctly, it was $550/per employee for really large corporations and $250/per employee for smaller ones. Small business were exempt, supposedly. The counsel soon rescinded that because they did it illegally by holding secret meetings, behind closed doors, etc etc etc.

Now, instead of the local group trying to unfairly tax corporations, the state legislature is taking up the issue and calling it an “excise tax”. As one person interviewed in the article calls it, “New coat of paint on a bad idea.”

The City of Seattle, King County, and others have tried to pass an income tax on high earners ($400K+) several different times.  It has consistently been voted down by citizens and the courts as illegal and against the state constitution.

This new effort by the state legislature is essentially moving the high income earners tax from the earner to the employer. Thus, it is an income tax, they have just prettied of the terminology to try and disguise what it actually is.

Our Democrat friends, who constantly like to have their hands in our pockets are at it again. Our Democrat friends are now also playing a different game at every level of politics – if you don’t like the definition of a word, give it a different one and shame everyone who disagrees with you. (I use the word “friend” very loosely.)

This issue is no different. They want their hands in our pockets again….and they don’t like the definition of “income tax” so they just keep renaming it in the hope that no one is paying attention.

 

 

Tax revolt

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Once again, in WA state, there has been a tax revolt.

People are tired of paying unnecessarily high taxes on things like car registration tabs.

We have had two initiatives in this state in the last several decades where the people have clearly said, “ENOUGH!” Twice the citizens of the state (not just one city and county) have said, “$30 – no more, no less.” This is one of the very few times that the rest of the state has told Seattle and King County what it wants versus the other way around, where the population of Seattle and King County out vote the rest of the state to dictate what happens in areas around the state.

So, the latest version passed of the car tabs issue passed on Tuesday, again.

And for what will be the second time, the government is going to sue (yes, you read that right, the government) to get their taxes back. Let that sink in. The government is going to sue to stop the will of the people, who used the democratic process and voted on it, just so they can get their funding back.

If that doesn’t smack of government abuse and overreach, I don’t know what does.

It just goes to show you, once you give the government the ability to oversee your rights, freedom, and money…

…you’ll lose all three.

 

Just ask Venezuela

man wearing mask sitting down and holding newspaper with fire

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Here’s something to think about when it comes to politics and who controls the system…

Republicans, generally, are accused of getting political donations from Big Business and rich individual donors. These donations are usually made to benefit themselves in some way in the future, but they are made from choice. For the most part, when it comes to taxes, the Republicans leave people alone and allow the market forces to do the work of choice. In essence, they stay out of the pocket of the little guy so the little guy can become a big guy. As such, prominent Democrats have flourished and benefit from the system they say they dislike because it is unfair to the little guy.

Democrats want to tax everyone and everything in sight, including those Big Businesses and rich donors that donate to the Republicans, as well as Democrats, so they can give all that money to the little guy to help them get ahead. Unlike money given to the Republicans, it isn’t given willingly rather it is taken from everyone by coercion of penalty.

Here’s the weird thing though…said taxes usually end up hurting the little guy the most and actually keep them from being able to get ahead and moving up a level to become “the big guy.” Instead, the little guy becomes dependent on the government handout. And that, my friends, is where control of the population begins…

Just ask Venezuela, she’ll tell you.


Do you know who is in your pocket and why? Who is really after control? 

A little off the top

In this world nothing can be said to be certain, except death and taxes.
– Benjamin Franklin
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I am not dying (well, not in the immediate sense of “not”) so you can probably decipher where this post is going…
Here in Washington we now have the pleasure of spending the next year paying into the “WA Family & Medical Leave” super fund. Mind you, we are just paying into it and no one can use the “benefit” for a whole year until the fund is built by every working stiff in the state. It is required by law. There is no way around it. Another new tax to take money out of my pocket so it can be given to someone else.
It is a new state “benefit” that I likely will never see or use. So I am not sure how it is a “benefit” to me. If it doesn’t benefit all, then is it really a benefit? If it COSTS me something, then it isn’t a benefit is it?
So, starting this month there will be a little more off the top of the pay check to pay into this fund. I am really not excited about it. Once again, the government is taking from me so that it can “protect” me. I don’t think I like this kind of protection.