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So many Taxes still huge deficits

Discussion in 'Politics, Elections & Legislation' started by OLD ONE EYE, Oct 19, 2009.

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  1. OLD ONE EYE

    OLD ONE EYE Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    3,253
    Location:
    Florida / Idaho
    All this and we still can't get out of the red.

    Tax
    > his land,
    > Tax his bed,
    > Tax the table
    > At which he's fed.
    >
    > Tax
    > his tractor,
    > Tax his mule,
    > Teach him taxes
    > Are the rule.
    >
    > Tax
    > his work,
    > Tax his pay,
    > He works for peanuts
    > Anyway!
    > Tax his cow,
    >
    > Tax his goat,
    > Tax his pants,
    > Tax his coat.
    > Tax his ties,
    > Tax
    > his shirt,
    > Tax his work,
    > Tax his dirt.
    >
    > Tax his tobacco,
    > Tax
    > his drink,
    > Tax him if he
    > Tries to think.
    >
    > Tax his cigars,
    > Tax
    > his beers,
    > If he cries
    > Tax his tears.
    >
    > Tax his car,
    > Tax his
    > gas,
    > Find other ways
    > To tax his ass.
    >
    > Tax all he has
    > Then let
    > him know
    > That you won't be done
    > Till he has no dough.
    >
    > When he
    > screams and hollers;
    > Then tax him some more,
    > Tax him till
    > He's good
    > and sore.
    > Then tax his coffin,
    > Tax his grave,
    > Tax the sod in
    >
    > Which he's laid.
    >
    > Put these words
    > Upon his tomb,
    > Taxes drove
    > me
    > to my doom...'
    >
    > When he's gone,
    > Do not relax,
    > Its time to
    > apply
    > The inheritance tax.
    > Accounts Receivable Tax
    > Building Permit
    > Tax
    > CDL license Tax
    > Cigarette Tax
    > Corporate Income Tax
    > Dog
    > License Tax
    > Excise Taxes
    > Federal Income Tax
    > Federal Unemployment Tax
    > (FUTA)
    > Fishing License Tax
    > Food License Tax
    > Fuel Permit Tax
    >
    > Gasoline Tax (currently 44.75 cents per gallon) Gross Receipts Tax
    >
    > Hunting License Tax
    > Inheritance Tax
    > Inventory Tax
    > IRS Interest
    > Charges IRS Penalties (tax on top of tax) Liquor Tax Luxury Taxes
    >
    > Marriage License Tax
    > Medicare Tax
    > Personal Property Tax
    > Property
    > Tax
    > Real Estate Tax
    > Service Charge T ax
    > Social Security Tax
    > Road
    > Usage Tax
    > Sales Tax
    > Recreational Vehicle Tax
    > School Tax
    > State
    > Income Tax
    > State Unemployment Tax (SUTA)
    > Telephone Federal Excise Tax
    >
    > Telephone Federal Universal Ser vice FeeTax Telephone Federal, State
    > and Local Surcharge Taxes Telephone Minimum Usage Surcharge Tax
    > Telephone Recurring and Non-recurring Charges Tax Telephone State and
    > Local Tax
    >
    > Telephone Usage Charge Tax
    > Utility Taxes
    > Vehicle License
    > Registration Tax
    > Vehicle Sales Tax
    > Watercraft Registration Tax
    > Well
    > Permit Tax
    > Workers Compensation Tax
    >
    > STILL THINK THIS IS FUNNY? N ot
    > one of these taxes existed 100
    > years ago,
    > and our nation was the most
    > prosperous in the world. We had
    > absolutely no
    > national debt, had the
    > largest middle class in the world, and Mom stayed home to raise the
    > kids.
    > What in the hell happened? Can you spell 'politicians?'
    > And I
    > still have to 'press 1' for English!?
    >
     
  2. BudLight

    BudLight Member

    Joined:
    Jan 29, 1998
    Messages:
    196
    My thinking is... This country is in real trouble. The best is behind her!!! There are 60 million baby boomers retiring or getting ready to retire. Everything that generation did had major inpact on this country and it's economy. I don't think it matters anymore, Republican, Democrat, .. none of them are worried about what happens to Average Joe or Jane!!! Well, just my 2 cents worth. Ron
     
  3. highflyer

    highflyer TS Member

    Joined:
    Feb 1, 2006
    Messages:
    2,474
    Socialism isn't free. It is very, very expensive.
     
  4. halfmile

    halfmile Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    15,648
    Location:
    Green Bay Wisconsin
    Spending what you don't have never works.

    HM
     
  5. glenn mcleod

    glenn mcleod Member

    Joined:
    Jan 29, 1998
    Messages:
    528
    Wife and I were talking about this just today. Almost everything we could think of now costs more to buy or do and most people are trying to keep up with the Jones or don't want their kids to miss out on anything. Unfortunately the wages are staying about the same or in some cases going down. It doesn't take a rocket scientist to figure out why people are going into debt at a rate faster than any time I can remember. Credit cards are ruining some good people and causing lots of divorces. Glenn
     
  6. Paladin

    Paladin Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    4,398
    "One of the biggest clouds out there is the sinking dollar. What we're witnessing right now is a big global shift out of dollars and into commodities. The dollar is quickly losing its reserve status to the yen and the euro. The proof is in the pudding: Earlier today, the greenback notched a new 14-month low against the euro. This is not good.


    Meanwhile, in the second quarter ending in June, central banks around the world invested 63 percent of their new cash reserves into euro and yen, and put only 37 percent into dollars. And over the past six months, the greenback has lost 15 percent, while gold has climbed nearly $150. If this trend continues, spiking inflation and interest rates will choke off the stock market rally and do serious damage to the economy. It could happen very fast.


    No one in the Obama administration or at the Fed seems to care about any of this. In fact, they are probably applauding the lower dollar as a sort of 1970s way of boosting exports and the manufacturing heartland in the Midwest. But the falling dollar is bad news for consumers. It will ultimately cause higher inflation, as signaled by the rising price of gold.


    What remains to be seen is whether the Republicans can successfully challenge the Democrats with a true supply-side economic-growth message and job-creating platform. If not, beware of the storm clouds."
     
  7. bigdogtx

    bigdogtx Well-Known Member

    Joined:
    Aug 5, 2006
    Messages:
    10,650
    Only if the Repub become true conservatives and NOT rino's like snowe, graham et. al.!!!!
     
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