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Thursday, December 22, 2011

An aphorism is an original thought, spoken or written in a laconic (concise) and memorable form.

1. In my many years I have come to a conclusion that one useless man
is a shame, two is a law firm and three or more is a congress.
- John Adams

2. If you don't read the newspaper you are uninformed, if you do read
the newspaper you are misinformed.
- Mark Twain

3. Suppose you were an idiot. And suppose you were a member of
Congress. But then I repeat myself.
- Mark Twain

4. I contend that for a nation to try to tax itself into prosperity is
like a man standing in a bucket and trying to lift himself up by the
handle.
- Winston Churchill

5. A government which robs Peter to pay Paul can always depend on the
support of Paul.
- George Bernard Shaw

6. A liberal is someone who feels a great debt to his fellow man,
which debt he proposes to pay off with your money.
- G. Gordon Liddy

7. Democracy must be something more than two wolves and a sheep voting
on what to have for dinner.
- James Bovard, Civil Libertarian (1994)

8. Foreign aid might be defined as a transfer of money from poor
people in rich countries to rich people in poor countries.
- Douglas Casey, Classmate of Bill Clinton at Georgetown University

9. Giving money and power to government is like giving whiskey and car
keys to teenage boys.
- P.J. O'Rourke, Civil Libertarian

10. Government is the great fiction, through which everybody endeavors
to live at the expense of everybody else.
- Frederic Bastiat, French economist(1801-1850)

11. Government's view of the economy could be summed up in a few short
phrases: If it moves, tax it. If it keeps moving, regulate it. And
if it stops moving, subsidize it.
- Ronald Reagan (1986)

12. I don't make jokes. I just watch the government and report the
facts.
- Will Rogers

13. If you think health care is expensive now, wait until you see what
it costs when it's free!
- P.J. O'Rourke

14. In general, the art of government consists of taking as much money
as possible from one party of the citizens to give to the other.
- Voltaire (1764)

15. Just because you do not take an interest in politics doesn't mean
politics won't take an interest in you!
- Pericles (430 B.C.)

16. No man's life, liberty, or property is safe while the legislature
is in session.
- Mark Twain (1866)

17. Talk is cheap...except when Congress does it.
- Anonymous

18. The government is like a baby's alimentary canal, with a happy
appetite at one end and no responsibility at the other.
- Ronald Reagan

19. The inherent vice of capitalism is the unequal sharing of the
blessings. The inherent blessing of socialism is the equal sharing of
misery.
- Winston Churchill

20. The only difference between a tax man and a taxidermist is that
the taxidermist leaves the skin.
- Mark Twain

21. The ultimate result of shielding men from the effects of folly is
to fill the world with fools.
- Herbert Spencer, English Philosopher (1820-1903)

22. There is no distinctly Native American criminal class...save
Congress.
- Mark Twain

23. What this country needs are more unemployed politicians.
- Edward Langley, Artist (1928-1995)

24. A government big enough to give you everything you want, is strong
enough to take everything you have.
- Thomas Jefferson

25. We hang the petty thieves and appoint the great ones to public
office.
- Aesop



FIVE BEST SENTENCES

1. You cannot legislate the poor into prosperity, by legislating the
wealth out of prosperity.

2. What one person receives without working for...another person must
work for without receiving.

3. The government cannot give to anybody anything that the government
does not first take from somebody else.

4. You cannot multiply wealth by dividing it.

5. When half of the people get the idea that they do not have to work
because the other half is going to take care of them, and when the
other half gets the idea that it does no good to work because somebody
else is going to get what they worked for, that is the beginning of the
end of any nation!

Saturday, December 10, 2011

Current European tax Rates

United Kingdom
Income Tax: 50%
VAT: 17.5% TOTAL: 67.5%
France
Income Tax: 40%
VAT: 19.6% TOTAL: 59.6%
Greece
Income Tax: 40%
VAT: 25% TOTAL: 65%
Spain
Income Tax: 45%
VAT: 16% TOTAL: 61%
Portugal
Income Tax: 42%
VAT: 20% TOTAL: 62%
Sweden
Income Tax: 55%
VAT: 25% TOTAL: 80%
Norway
Income Tax: 54.3%
VAT: 25% TOTAL: 79.3%
Netherlands
Income Tax: 52%
VAT: 19% TOTAL: 71%
Denmark
Income Tax: 58%
VAT: 25% TOTAL: 83%
Finland
Income Tax: 53%
VAT: 22% TOTAL: 75%

If you've started to wonder what the real costs of socialism are going to be - once the full program in these United States hits your wallet - take a look at the table. As you digest these mind-boggling figures, keep in mind that in spite of these astronomical tax rates, these countries are still not financing their social welfare programs exclusively from tax revenues! They are deeply mired in public debt of gargantuan proportions. Greece has reached the point where its debt is so huge it is in imminent danger of defaulting. That is the reason the European economic community has intervened to bail them out. If you're following the financial news, you know Spain and Portugal are right behind Greece.

The United States is now heading right down the same path. The VAT tax in the table is the national sales tax that Europeans pay. Stay tuned because that is exactly what you can expect to see the administration proposing after the fall elections. The initial percentage in the United States isn't going to be anywhere near the outrageous numbers you now see in Europe. Guess what. the current outrageous numbers in Europe didn't start out as outrageous either. They started out as minuscule - right around the 1% or 2% where they will start out in the United States. Magically, however, they ran up over the years to where they are now. Expect the same thing here.

It is the very notion that with hard work and perseverance, anybody can get ahead economically here in the USA. Do you think that can ever happen with tax rates between 60% and 80%? Think again. With the government taking that percentage of your money, your life will be exactly like life in Europe.... You will never be able to buy a home. You will never buy a car. You will never send your children to college. Let's not shuffle the battle cry of the socialists under the rug either. It's always the same cry. Equalize income. Spread the wealth to the poor (whoever they are). Level the economic playing field. Accomplish that and everything will be rosy.

It's time to take a really hard look at reality. Greece is a perfect example. Despite the socialism system that has ruled this country for decades, with a 65% tax rate, they are drowning in public debt, would have defaulted without hundreds of billions in bailout money from the EU, and still: 20% of their population lives in poverty. What has all that socialism money bought, besides ultimate power for the politicians running the show? Do you think these people are "free?" They're not. They are slaves to their economic "system."