Wednesday, June 18, 2014

The voodoo economics of "income" taxation... in a depression


This is a deathly serious situation if state (and other) governments expect to keep their doors open for another decade. (Of course the same could be said of welfare spending from 1935 on, but nobody wants to think about that.)

http://freedom4um.com/cgi-bin/readart.cgi?ArtNum=166717
Size of income tax drop surprises U.S. states: study
http://www.vagazette.com/news/sns-rt-us-usa-state-taxes-20140612,0,895673.story

One more time, why is the taxing of wages an absolute abomination? Because any government that will cannibalize its own citizens like that will murder foreign peoples and perpetrate any monstrous whim that comes to its diseased mind -- exactly what the USG does.

Wages are an even exchange of value for value. Calling them income is a lie, taxing them is a return to feudalism. For states or this country to rely on them is financial crack addiction. Of Ohio's transfusions dropped 31% for just one quarter, where will they be 24 months from now?

Maybe laying off their state troopers?

http://libertycrier.com/road-pirates-badges-plunder-motorists-fund-police-dont-cops-better-things/
Road Pirates with Badges Plunder Motorists to Fund Police: Don’t cops have better things to do?!

/\/.\/\/.

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