September 5, 2010


Subscribe


What we're reading


What we're talking about


Archives


Entries Tagged as 'Property Rights'

The vicious cycle of spending for lesser returns

February 24 2010 by David R. McGraw II

There is something wrong with our tax code, there is no need for the numerous length of laws around our tax code. The people want a simpler solution, one that doesn't require many to fork over 100+ dollars to have their taxes filled out for them on a yearly, some, a quarterly basis.

This weekend I thought at length of the vicious cycle that is our police departments around the nation. This relates to our IRS system as well in the process at which these government bodies grow at an unstopable rate.  We the people pay millions of dollars to have a police force, only to have them increase quotas to raise more money by giving citations to the people, to bring in more money in order to buy better equipment in order to give more citations. Some departments dedicate so much time to traffic violations and revnue creation that the real job we tax payers pay for them to do is becoming second fiddle to ensuring additional funds via citations continue to pour into the cities budgets.

With the IRS, I do not understand why it is we pay money, to ensure that we fund such a large and expensive department to ensure we pay more money.  If the tax code was more direct and simple, we wouldn't need thousands of IRS agents, harassing thousands of citizens to make sure they pay their taxes on an increasingly complex system.

The vicious cycle of spending for lesser returns is on display in every town across America with their police departments, rarely if ever does more funding mean more safety, it typically means more efficient ways to generate more money at the expense of the People.  Is there a government institution that works better the more it is funded?

I'll leave this post with a question, since did it become our governments, both local and federal, primary concern on finding ways to extract more money from the people?

Posted in Government Expansion | Property Rights | Economy | Legislation | 0 comments



California's forced tax payer loan

November 02 2009 by David R. McGraw II

Source: http://www.latimes.com/business/la-fi-state-tax31-2009oct31,0,2028140.story

Starting this Sunday, California will begin withholding up to an additional 10% of workers pay as a stop gap solution to their continuing budgetary shortfalls. The LA Times reports this isn't a tax increase as the tax payer will get their money back when they go to file their tax returns,  as the LA times notes this is a forced, interest free loan from the tax payer to the state.

This is vitally concerning as a case for the loss of liberty, and property rights in times of need determined by the state.  When the government needs your hard work, they just take it, when you just need to feed your family and you just take it, you go to prison for many years. 

This amounts to nothing but widespread legal confiscation of Californians hard work, left with a promise to give it back.    

What I ask is, where will this money come from once the state claims and spends it?  10% less money in the hands of the people sure doesn’t help the spur on a spending spree to save the economy.  Looming on the horizon is the ever pivotal holiday season, with rumors of an improving economy; this couldn’t have come at a worst time.

Good luck to those barely making it, your state just made it 10% harder on you.

Posted in Property Rights | Economy | 0 comments