Mar 26 2013
I am still feeling the tax sting this year as new rates and taxes gouge our tiny company. The result – had to lay someone off. Yep, when it comes down to paying taxes or paying employees the tax man wins out.
Sequestration is causing government programs to freeze up as they try and find cuts Congress was too Chicken Sh*t to do themselves (note: Senate just passed their first budget in four years, but is doomed to fail passage). So trying to find new opportunities is impossible. In other words, checkmate: higher taxes, no opportunities to grow. I doubt we are alone.
The only good news: at least we are not yet Europe (yet):
Savings accounts in Spain, Italy and other European countries will be raided if needed to preserve Europe’s single currency by propping up failing banks, a senior eurozone official has announced.
The new policy will alarm hundreds of thousands of British expatriates who live and have transferred their savings, proceeds from house sales and other assets to eurozone bank accounts in countries such as France, Spain and Italy.
So what is Europe’s answer to government spending beyond it means? Steal 40% of the savings of the wealthy:
Michael Sarris also warned depositors with funds of more than €100,000 could lose 40 per cent of their deposits. Banks will remain closed until Thursday to prevent a run on deposits once they reopen.
This is crazy. You work your entire life and create a nest egg just to have bureaucrats, who are unable to manage the tax money you provided all your life, come take even more of your hard earned money because – let’s be honest here – they are incompetent boobs. And criminals to boot, since negligence, waste and fraud in terms of the public funds is a crime.
Right now the Democrats (and GOP) in DC borrow 40 cents for every dollar they spend because they can’t figure out how to live within a budget. They are borrowing in OUR NAME (and the names of our children and grand children). And what do they do with this money?
Alameda County supervisors have really taken to heart the adage that government should run like a business — rewarding County Administrator Susan Muranishi with the Wall Street-like wage of $423,664 a year.
For the rest of her life.
Yep. They line their pockets. Welcome to the new Robber Barons – who steal from the poor and give to themselves via government programs, pay and pensions. The new greed is government largesse.
Update: And why do they steal from us and our kids? Because they know so much better than we do!
Mike Bloomberg: “I do think there are certain times we should infringe on your freedom”
And I feel there are times Pols like this should be charged with crimes against humanity….