Is the citizen a serf, beholden and controlled by his own government? Our first reaction is absolutely not. Upon reflection, we may see that, as for a lobster, the water temperature has been slowly rising, and we are reaching the boiling point. Perhaps it’s time to jump out of the boiling water and assert our independence.
Read more Global euthanasia plan
There are voluntary expenditures and mandatory.
Voluntary expenditures occur in a free market system, within capitalism. We can choose who gets our money because that other person or business provides a product or service valuable to us. It is a choice, not a mandate.
Mandatory expenses are taxes and fines: Don’t pay them, and go to jail. We don’t have a say in the matter. Politicians raise taxes, and bureaucrats increase fines. Since taxes are demanded, not earned, we have no free will, no choice in the matter. This single point is the difference between freedom and serfdom.
Taxes and fines from federal, state, and municipal government taker 40 percent of our income. It has become the largest single expenditure in all our lives. A person making $150,000 salary is really making only $90,000, because $60,000 is taken out by his government.
All government revenue comes from taxes and fines. Even federal debt repayment comes from the citizen wage earner. Taxes, fines, and debt payment are taken from the person earning a wage and paying his taxes. And it is mandatory. So how does a dollar spent by our government help propel the economy when it is first extracted from the private citizen? On this, the entire Keynesian economic theory fails. Understand this, and know the path to freedom.
If annual federal revenue is $20 trillion, and that is 40 percent of private citizens’ wages, and if we say that government revenue should be only 20 percent, then $10 trillion would remain in the pockets of the wage-earner. Assuming 200 million wage-earners in America, then that tax savings would allow each person to keep $50,000 each year. A 20-percent flat tax would mean the same wage-earner, at $150,000, would keep $120,000 instead of $90,000.
Read more Communism sucks
Reducing federal government revenue from $20T to $10T would be painful for those reliant on other people’s money but it would allow those who are net contributors to keep more of their earning, that in turn would stimulate economic activity and allow more people to find gainful employment.
What it comes down to is this: Do we want more government or less? Then are we willing to suffer the transition to freedom? Because the way it’s going today, there is a definite end point for excessive government taxation.
Since our federal, state, and municipal government takes 40 percent of our wages, we work almost five months out of the year to pay that burden. I’d say it’s not worth what we get in return.
We are a republic (self-governance) based on the rule of law, the Constitution. Further, our individual rights are imprinted in the Declaration of Independence. This individual freedom to choose gave rise to the most effective economic system in history, capitalism and fair trade. We individuals must stop the slow erosion of our rights by an ever increasing government.
Read more France falling to the new Jacobins?
Image: PublicDomainPictures via Pixabay, Pixabay License.