♥♥♥***APPLAUSE***♥♥♥
We are AMERICANS!
T.E.A. party = Taxed Enough Already
Yes, we all need to pay our taxes. However, we have been witnessing our federal, state and local government WASTE, MISMANAGE and GIVE AWAY the taxpayer revenue they collect from ALL OF US! No more special interest EARMARKS that Washington officials on both sides of the isle use to pay off their campaign contributors. America simply take a good look at where the supposed STIMULUS money went to pay for and how many REAL JOBS were created. Have you seen ANY BRIDGES across America reinforced? They're repaving roads that don't need to be repaved. When they spend BILLIONS of dollars to create a few hundred jobs, do you really believe the workers get to divvy that money up? Heck no! That money goes to the contractor's who supported his campaign and other democrats. It's all a sham! The American public is TIRED OF BEING FOOLED by self-serving politicians! We can no longer be complacent or apathetic. Our future seriously depends on ALL of us becoming active participants.
All of you manage your own personal check books right? Well then you don't need to have a Ph.d. to understand that there is so much you expect to receive into your bank accounts and can only spend the amount you have on record. If you have your eyes set on a large expenditure, well then you have two options 1) increase your income by either asking for a raise or get a second job and save to make that purchase or 2) Apply for a loan. Our federal, state and local government have this decision to make. Instead of working on a solution to increase productivity in the marketplace ie; create stable long term jobs, they are taking the easy way out and WILL increase our taxes at all levels. But what they fail to understand or take into account, by increasing taxes they will seriously stifle productivity. The cost of taxation is a fixed expense that we must pay. So if they increase the public's taxes in any way, that means that we the public will CONSUME LESS because we have less money to spend. If they increase the corporate and small business taxation in any way, that means that corporations and small business' will have to reduce their labor cost ie; layoff employees and/or not hire new permanent employee's.
The BEST way to stimulate our economy that will not cost the taxpayer a dime is to compete for corporate business. The only way to do this knowing we are competing with a global market is to reduce the corporate tax. Our government needs to remove the stranglehold they have on corporations. Let's say you are the CEO of a corporation you founded for x product. Okay, now you open up your headquarters in let's say Los Angeles, California. You will have federal, state and local taxes to pay regularly. Let's say they total 50%. I'm just throwing that number out there. Well then a year later, your product takes off and becomes the #1 best seller you are now a global phenomenon. Now suddenly everybody wants your business operations to move to their city, state or even another country. You will receive tons of soliticitation from everywhere. Now what do you do?
Most everybody's #1 goal in the business world and even in our personal lives is to maximize our profits. This means that you want to take in more money than you spend. If you are being offered an opportunity to significantly lower your tax liability expense to let's say 25%, it is something you most definitely want to consider. Wouldn't you rather pay 25% instead of 50%. I think that should be a no-brainer don't you? Well a lot of corporations are moving to other countries for this very reason. Foreign countries are competing to recruit corporations by offering them lower taxation opportunities and other incentives. The United States of America NEEDS to be doing the same!!! It's a win-win for everybody involved. If we recruit more foreign corporations and encourage U.S. corporations to maintain operations here, that would mean more federal, state and local tax revenue for our government and more jobs which leads to more consumption. The government will receive an increase in income tax revenue because more Americans will be employed and an increase in sales tax revenue and other tax revenue increases as well because the masses will be consuming more. We as a country gain more if 10 corporations are paying 25% combined tax and growing INSTEAD of 5 corporations paying 50% combined tax and struggling to stay in business.
I would also like to make one last point, the Obama administration and the democrats DID NOT, I repeat, DID NOT give 95% of Americans a tax cut. They gave us a TAX CREDIT. This means that they set aside BILLIONS of stimulus dollars to add $8 per week to the payroll check of one person. If you don't believe me, do THE MATH: $400/year divided by 52 weeks = $7.69. The BILLIONS of dollars they are using has been added to our national debt. Therefore, this means that WE WILL HAVE TO PAY THAT MONEY BACK. It's NOT a gift. They didn't do us ANY FAVORS! If the Obama administration and the democrats TRULY gave 95% of Americans a tax cut as they continue to claim, they would have reduced our TAX RATE! and NOT one red cent would have been added to the national DEBT. Meaning if you let's say pay 30%, they would have reduced that amount to 25%. This would have been the MOST LOGICAL and EFFECTIVE way to STIMULATE our pocketbooks and thus the economy. Think about it. If you are paying a lesser tax rate you would INSTANTLY have MORE MONEY showing up in your paycheck every pay period. Please stop and rationalize this for a moment. Look at your paystub and take a good hard look at how much is taken out by our government.
All of you manage your own personal check books right? Well then you don't need to have a Ph.d. to understand that there is so much you expect to receive into your bank accounts and can only spend the amount you have on record. If you have your eyes set on a large expenditure, well then you have two options 1) increase your income by either asking for a raise or get a second job and save to make that purchase or 2) Apply for a loan. Our federal, state and local government have this decision to make. Instead of working on a solution to increase productivity in the marketplace ie; create stable long term jobs, they are taking the easy way out and WILL increase our taxes at all levels. But what they fail to understand or take into account, by increasing taxes they will seriously stifle productivity. The cost of taxation is a fixed expense that we must pay. So if they increase the public's taxes in any way, that means that we the public will CONSUME LESS because we have less money to spend. If they increase the corporate and small business taxation in any way, that means that corporations and small business' will have to reduce their labor cost ie; layoff employees and/or not hire new permanent employee's.
The BEST way to stimulate our economy that will not cost the taxpayer a dime is to compete for corporate business. The only way to do this knowing we are competing with a global market is to reduce the corporate tax. Our government needs to remove the stranglehold they have on corporations. Let's say you are the CEO of a corporation you founded for x product. Okay, now you open up your headquarters in let's say Los Angeles, California. You will have federal, state and local taxes to pay regularly. Let's say they total 50%. I'm just throwing that number out there. Well then a year later, your product takes off and becomes the #1 best seller you are now a global phenomenon. Now suddenly everybody wants your business operations to move to their city, state or even another country. You will receive tons of soliticitation from everywhere. Now what do you do?
Most everybody's #1 goal in the business world and even in our personal lives is to maximize our profits. This means that you want to take in more money than you spend. If you are being offered an opportunity to significantly lower your tax liability expense to let's say 25%, it is something you most definitely want to consider. Wouldn't you rather pay 25% instead of 50%. I think that should be a no-brainer don't you? Well a lot of corporations are moving to other countries for this very reason. Foreign countries are competing to recruit corporations by offering them lower taxation opportunities and other incentives. The United States of America NEEDS to be doing the same!!! It's a win-win for everybody involved. If we recruit more foreign corporations and encourage U.S. corporations to maintain operations here, that would mean more federal, state and local tax revenue for our government and more jobs which leads to more consumption. The government will receive an increase in income tax revenue because more Americans will be employed and an increase in sales tax revenue and other tax revenue increases as well because the masses will be consuming more. We as a country gain more if 10 corporations are paying 25% combined tax and growing INSTEAD of 5 corporations paying 50% combined tax and struggling to stay in business.
I would also like to make one last point, the Obama administration and the democrats DID NOT, I repeat, DID NOT give 95% of Americans a tax cut. They gave us a TAX CREDIT. This means that they set aside BILLIONS of stimulus dollars to add $8 per week to the payroll check of one person. If you don't believe me, do THE MATH: $400/year divided by 52 weeks = $7.69. The BILLIONS of dollars they are using has been added to our national debt. Therefore, this means that WE WILL HAVE TO PAY THAT MONEY BACK. It's NOT a gift. They didn't do us ANY FAVORS! If the Obama administration and the democrats TRULY gave 95% of Americans a tax cut as they continue to claim, they would have reduced our TAX RATE! and NOT one red cent would have been added to the national DEBT. Meaning if you let's say pay 30%, they would have reduced that amount to 25%. This would have been the MOST LOGICAL and EFFECTIVE way to STIMULATE our pocketbooks and thus the economy. Think about it. If you are paying a lesser tax rate you would INSTANTLY have MORE MONEY showing up in your paycheck every pay period. Please stop and rationalize this for a moment. Look at your paystub and take a good hard look at how much is taken out by our government.
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