Floyd Brown wrote:
Only watch a bit of it but the part of the % of money coming from wages jumped out.
Less that 50% is paid in wages.
It would seem to me that is at the core of the problems with the the economy.
So tell my just how making the government smaller & leaving the private sector doing what they have been doing going to help?
If the private sector paid more in wages they would pay less in taxes.
Could it be that they want to keep all of the money that goes
through their hands?
So tell me what would the really fair numbers be?
They are enjoying a wind fall of money going their way now.
Just what would be a fair return for people's input to the economy?
Only watch a bit of it but the part of the % of mo... (
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You do not seem to understand some basic principles.
All government is an expense that must be paid by those who actually create wealth.
Even when you pay for police and military, they are an expense that must be paid.
Neither the police nor the military generates wealth. They are expense that must be paid for, out of the wealth from those who actually do create it.
They are being paid to protect wealth, that has already been earned.
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It doesn't just stop there.
All government employees get paid, but, none of them produce any goods or services that can be sold in the marketplace.
When a company builds an extra M1 Tank, is that put onto the market?
If a company builds an extra Patriot Missile, is that put into the market place?
If a company builds a tractor or truck, a farmer can use those things to farm, increase his production and live his life, what is he going to do with a tank?
If you work for a company that builds radios, the extra radios are put out into the market place.
A farmer growing wheat or corn may want to listen to the radio while he works. So he puts the extra goods he has onto the market, using the dollar as a unit of exchange, he trades it for the things other companies have put on the market.
What regulates the price of these things is the demand for them.
When you have government employees spending their pay-checks, they want the same things everyone else does, food, clothing, shelter..ect.
But, a government employee produces none of those things, yet, they consume them.
Not only does the government employee have a secure job, with benefits, that you have to pay for out of your pocket, but, after he gets paid you have to compete with him for the things on the market.
How many times have you tried to buy or rent a house, only to be out bid by someone with a government job.
They can afford it because, ultimately, your the one paying for it.
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If your one of those that thinks that government has it's own money, then pray tell, why do any of us have to pay taxes?
If government is the source of it's own financing, then why must anyone pay taxes?
The answer is that government is paid for by the tax payer. The bigger the government the more taxes paid.
These taxes always come out of your pay check.
When people vote for businesses to pay higher taxes, what do you think happens to the price you have to pay for what their selling?
When you raise property taxes on businesses, what do you think that does to their cost of business and what you have to pay for their goods or services.
When you raise the cost of doing business so much, that you drive most of the other businesses out of business, you create a monopoly out of the few that are left and what do you think that does to what you have to pay.
What happens when.................say a local fire department costs so much to run, that it costs more in taxes than your house is worth?
You'd be better off letting it burn down, it'd be cheaper, but, the government requires you to pay their taxes. If you don't your house is taken for non-payment of taxes.
This makes you homeless and now your on welfare which requires even more taxes.
As taxes rise, businesses that used to be able to survive close down.
This puts more people out of work. The more businesses that close down, the less taxes they pay.
As more people lose their jobs, the less taxes they pay, plus now they are on government assistance which requires more taxes from businesses that don't exist any-more and more taxes from employees that don't have jobs any-more.
With less and less taxes collected the government resorts to fraud.
It prints money it can't back up.
This devalues the dollar and prices rise. This is called inflation and it is the government stealing from you.
But, because you don't understand basic economics or have the ability to do basic math, the government does this with your permission.
It is permission by ignorance, but, permission just the same.