By Keith D. Rodebush, Contributor to US Daily Review.
Isn’t it amazing how long irrefutably false information can permeate a society? How long has class warfare been going on? Since the Dark Ages? Since the Roman Empire? Since the Greek republic? Class warfare is used by those who want to control the people and yet to some extent it works every time. Let’s look at one aspect of that tactic in a rudimentary and easily understood way. We’ll call it the Crib Notes for Taxes.
First of all let’s look at the different types of taxes:
- Income: tax levied on personal income
- Capital Gains: tax levied on earnings other than personal income such as investment profits, etc.
- Sales: tax levied at point of sale
- Value Added Tax: (lovely) sales tax levied at multiple points along the distribution chain
- Corporate: tax levied on corporations
- Business: tax levied on non-corporate businesses
- Excise: tax levied on products such as gas, oil, alcohol and tobacco etc. or services such as wireless phone, utilities, cable etc.
- Import/Export: tax levied on imports and exports
- Property: tax levied on real estate
- Personal Property: tax levied on non-real property
There are a few more but this covers the major taxes. Now, quick quiz! Which of the above taxes do YOU personally pay?
Answer: ALL OF THEM!
Taxes are an expense. All businesses and corporations fold taxes into their expenses and charge accordingly for their services and/or products. Even capital gains taxes eventually get paid by consumers through the complicated mechanism of job creation. Higher taxes on capital discourage investment and thereby lessen job creation. Therefore every worker pays through unemployment or higher taxes in other areas to make up the loss, or through funding government benefits needed due to high unemployment.
YOU pay ALL taxes!
I repeat: YOU PAY ALL TAXES!
Every time you come out in favor of a tax increase, you pay for it. Even people who don’t pay income tax pay taxes every day, every hour, every minute, every second. Electricity, utilities, gasoline, food, clothing, the very air you breathe. All is taxed at multiple levels by a voracious government that only spends more and more. Government spends most of it’s time figuring out new and inventive ways to get more money to spend. It is their very existence. If you believe that anyone should pay more taxes you are hopelessly naive. 75% (min.) of federal government is unconstitutional and unnecessary. We do not have a revenue problem in Washington D. C. We have a character problem.
Finally; the VAST majority of corruption in politics comes from businesses lobbying politicians to change the tax code to benefit themselves and hurt their competition. The trend for many years has been for very large corporations to lobby for regulations which they can absorb but smaller companies cannot. Thus the small businesses suffer and large corporations become even larger and therefore ‘Too big to fail’. It is economic suicide, brought to you by…you. Every time you allow class warfare and scream for higher taxes on the ‘Rich’. Every time you elect a politician who votes for one tax increase, one regulation bill, one tax loophole, one tax credit, one tax exemption etc. etc. etc. YOU vote to pay more, work harder, earn less and lose Liberty.
Please stop! You’re killing me.
Keith D. Rodebush is a Christian, a businessman, a writer and an armchair scholar. He has a Bachelor of Science in Architecture from the University of Arkansas. Keith is currently working on a novel and periodically writes at his blog “Ignarus Semino Dominatus”