Article

2009-05-07 Britain

61.5% Tax, Ouch! The politics behind Britains tax changes are ugly. - Obama's Blueprint?

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Posted by GolfBravoUSMC 2009-05-07 12:36|| || Front Page|| [6 views ] Top

#1 What do we pay in taxes in the U.S.? There are local and property taxes. State income tax. Federal income tax. Car registration taxes. Telephone taxes. Gasoline taxes. Cigarette taxes. Alcohol taxes. If you are self-employed in a sole proprietorship, you have a tax for the right to work that is fairly steep. Death taxes (inheritance tax). There are capital gains taxes. There are fees for professional registrations levied by the State, e.g. the professional engineer's and physicians annual fee paid to the State. There are charges that you pay when you buy batteries or replace your tires for hauling away the old batteries and tires. There are probably other taxes which I have not listed. In our State as most states you have to have automobile insurance by law or at least be able to show financial responsibility capability. A lady whom we know down the street was told she couldn't buy a house unless she had homeowner's insurance. Since these financial responsibility laws are required by law they function like a tax.

We are all becoming insurance and tax poor.

I think I read where by we all work for the government up through April to pay our taxes.

Posted by JohnQC 2009-05-07 13:53|| 2009-05-07 13:53|| Front Page Top

#2 Many of us in the upper middle class already pay 55-60% once state, local, property, sales and "employer contribution" of FICA is included. Serfdom only took 1/8th or 1/7th of productive labor.

Posted by ed 2009-05-07 15:20|| 2009-05-07 15:20|| Front Page Top

#3 Serfdom? With Obama's system, they are going to need to make us slaves to make it worth our while to work. Already they are trying to take away our right to defend ourselves. If you think about it, that is the definition of slavery. Slaves had to let the slave owners beat them, rape their women and take away the fruits of their labor. In exchange, they were provided only substandard food and housing. Weren't they talking about compulsory participation in Obama's America Corps? The way things are going, it's not that far of a leap.

Posted by Jumbo Slinerong5015 2009-05-07 15:46|| 2009-05-07 15:46|| Front Page Top

#4 Ed:

Don't forget Britain has other taxes also, including a Value Added Tax of 15% (Temp down from 17.5%), very heavy fuel taxes (about $.75 a litre/$2.50+ per gallon)and they even tax television sets.

Posted by GolfBravoUSMC 2009-05-07 15:57|| 2009-05-07 15:57|| Front Page Top

#5 "they even tax television sets"

If Bambi really wants a revolt on his hands, he ought to try that here.

Posted by Barbara Skolaut">Barbara Skolaut 2009-05-07 19:01|| 2009-05-07 19:01|| Front Page Top

#6 Televisions and radios. They did the same in Germany.

Posted by trailing wife">trailing wife 2009-05-07 22:31|| 2009-05-07 22:31|| Front Page Top

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