Thursday, July 16, 2009

Taxed again, taxed again jigiddy jig

I am a normal(ish) American. I wake up every morning, go to work, pay my bills, and basically try to make it though life. Every pay day comes around and I see about a third of my pay stripped from me (State tax, federal tax, Federal Medicare Employee Employment Tax, and Federal Old Age Disability Insurance Employee Employment Tax). Now with all the proposals that are coming up by the powers that be, I fear I will be losing more of my pay.

Between Cap and trade, universal health care, and now the talk of a gas tax hike to pay for roads (did we not just give almost a trillion dollars to pay for infrastructure repairs and to boost the economy?), I really don't see how I am going to have much of a pay check left (but with universal health care I probably won't be alive to worry about it).

Cap and trade makes it more costly for companies to do business, this will cause everything to cost more. When companies have a rise in costs they pass it on to the consumer. This will also shift jobs from the United States to countries that do not have such policies (China, India, and others have stated they will not participate in the plan). Less jobs and higher costs, but granted not a actual tax increase.

Universal health care looks like it will cost over 1.5 trillion. Where will the money for this come from? I keep hearing "we will raise taxes on the rich", eventually you will run out of "rich" people (or the definition of "rich" will continue to drop lower and lower). There is talk of a tax on soft drinks, higher taxes on tobacco, taxing employers, taxing employee health benefits, and punitive taxes for people who don't have employee health care and choose not to enroll in the government plan. I guess all the campaign promises of no new taxes if you make under 200000 were just empty promises. Having lived overseas I have seen how socialized medicine works. I have stood in line at hospitals waiting for a doctor. I have seen health care rationed out. It has not worked anywhere else, why would it work here? I have heard pundits quote articles and reports saying how well it works, I have seen with my own eyes that it does not.

Earlier in the year we (the tax payers) spent almost 1 trillion dollars (must be passed now, no time to read the 1300 pages) on a stimulus package. This was supposed to boost the economy and support infrastructure repairs (road and bridge repair ect). Where did the money go? It had to go somewhere if there is now a proposed tax hike on gas to repair road ways. More money out of my pay check.
I propose an audit.

Folks, my wallet is looking like it will be hurting soon. I imageine that other people's will as well. Personally I think any politicitian that votes for these actions should be replaced nexe election. This is not about Democrats and Republicans, this is about what is good for the people and for the country.