Tuesday, July 15, 2008

• Taxin' That Hoe

  Currently Watching Cloverfield By Lizzy Caplan, Jessica Lucas (II), T.J. Miller, Michael Stahl-David, Mike Vogel see related

  One of the major issues that figures prominently on many Americans’ choice on who to vote for in Presidential elections is taxes.  Generally speaking, the Democrats favor taxes to fund public programs and the Republicans favor lowering taxes to give money back to the wage earner.    The problem with voting in favor of taxes (Democrat) is that people don’t really get to see what their money is being used for.  For example, a single, independent tax payer with no children pays taxes to fund public schools, despite the fact that he has no children to send to these schools.  Paradoxically, a married tax payer with dependents pays fewer taxes to fund these same public schools that he sends his kids to.  However, the problem with voting for Republicans is that they tend to drive America into recessions.  So, while taxes will be lowered and the tax payer will see more of his earned money, the value of that money will suck.  Right now, the US dollar is pretty worthless compared to the Euro (and on par with the Canadian dollar!).

  I don’t really understand the concept of taxation.  It’s generally said that, “The more you work, the more taxes you pay.”  But, the concept of taxation seems to be more like the government saying, “The more money you make (gross income), the more money we’ll let you have (net income).”  Furthermore, it seems oppressive.  If we consider a lazy person who doesn’t have a job and has no motivation to work, the government will leave him alone.  However, should he choose to try to get ahead in life, make something of himself, and get a job, then Uncle Sam will be knocking on his door on April 15.

  So, be a bum if you don’t want the government on your back.  Otherwise, pay up, hoe.

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