Caias240's JumboTweets
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American TAXES
Not my words but an example of how we are not in a free country.
TAXES
"Federal government takes in $17,955 Per worker in ONLY 10 months!
Americans are the most taxed people on earth (when you consider they get zero in return, Europeans at least get a huge amount returned to them in the form of homes and other huge value items which make their high taxes irrelevant). Let me work this out to reality here:
IF the Federal Government took $17,955 in only 10 months (10 month figure given to avoid the real truth - it is over $20,000 per year) the actual number per working American in federal income tax alone is $21,546. But it only starts there, because:
After that amount is taken, there is Social Security taken in addition to this. And after social security, there is in almost all cases state tax taken. The exact average mean income in the U.S. is approximately $69,000 dollars annually. This is mixing the super rich with the poor. It does not mean most Americans make this much. Even at that, if you take $21,546 from that number, it means the Federal government alone is taking as an average, 31.2 percent of America's income in FEDERAL TAX ALONE.
Now here is where things get spooky: After taking 31.2 percent, social security takes 6.2 percent from the employee, and asks the employer to match it with another 6.2 percent. That is 12.4 percent. Add 12.4 percent to 31.2 percent and wow, now the Federal take is 43.6 percent, flat average.
But it is a LOT worse than that, because after that, you are forced to buy Obamacare. That ought to push the total up to over 50 percent, (I am going to apply common sense in that case, because things vary too much). BUT IT GETS EVEN WORSE THAN THAT. After Federal, Social security, and Obamacare, you have to pay state income tax in practically all cases. State income tax in America averages right around 6 percent, averaging population out between high, low and zero tax states. That puts America's total tax burden at close to 56 percent. But it gets a lot lot worse than that. Because there are local taxes. Property taxes, Vehicle registration taxes, and sales taxes. These combined will easily push America's median tax rates to over 65 percent, yep, you really can make it with a parasitic drain in excess of 60 percent but you will be in debt up to your eyeballs and life will be a stress farm . . . . . .
Remember when I talked about how we never got to see the benefits of the increased efficiency made possible by having mechanical processes do such a huge portion of the world's work? Robots and PLC controlled systems do a LOT, why are we not living any better? The tax burden says it all.
Obviously, many Europeans pay a similar amount in taxes. However, when they do, they typically get housing, food, and medical subsidized to such an extent that it is all practically free. If they have 30 percent left over after taxes, they are not actually expected to live off that, that is FREAKING VACATION AND FUN MONEY, and that is why, despite getting "taxed" out the wazoo, Europeans can at least travel. In Europe, the taxes actually do something for the people. In America, taxes go straight into the sewer and not a dime comes back to the people, it is just pure theft plain and simple. With the exception of the interstate highway system, WHAT do your taxes do for you? That was built 50 years ago, where is the huge expense for that? How can America's outrageously high taxes be justified? Answer: They can't, with what Americans get in return, a total of 10 percent across all taxes is not justified.
America was first set up for import and export taxes alone to pay all expenses, these are still in place, and I did not even mention them or add them to the total above. How did we get such a convoluted tax scenario?... <<<<<< N.B from Jumbotweet: auto-truncated at 4K characters on index page - Click here or on the "view" link to see entire jumbotweet! http://www.jumbotweet.com/ltweets/view/145399