This weekend I was at my mom’s house. She opened her mail. In it, there was a letter from the US Treasury. The letter notified my mom of a $250 check she would be receiving from the federal government as a part of the Economic Recovery and Reinvestment Act of 2009.
Question: What is my mom’s taxable income?
Answer: $0
My mom is on Social Security Disability. The government is already paying her.
I knew that some working people who are set to receive these checks have a net Federal tax bill (after refunds) of, essentially, $0. At least those people are providing the government with temporary income until the refunds are issued (and they all pay FICA, too).
But can you believe we’re giving credits to people with ABSOLUTELY NO TAXABLE INCOME ?!?
My mom, who voted Libertarian in the 2008 presidential election, thinks it’s ridiculous, even though she’s of course glad to get the money. It will no doubt go toward paying medical bills or buying supplies for her disability.
I’m sure that the majority of Americans think this is the “moral thing to do”. But I argue that it’s not moral at all. It makes no sense to give a credit to people who didn’t pay any tax. It makes no sense to take $250 out of my pocket and give it to someone who not only didn’t pay tax, but already reaps a social security check every month. Literally, this is stealing money from other people and giving it to people the government, not the people think needs it more. This is wealth redistribution, plain and simple. It can’t get any more plain.
Is there any wonder why people talk about communism and fascism these days?
But before waxing philosophical, we must see this for what it is. This is nothing more than vote-buying by the socialist Democrats.
As Neal Boortz always likes to say: “When you rob Peter to pay Paul you can always count on Paul’s vote.”
Welcome to Socialism.
$250 may not sound like a lot, but let’s go back to the beginnings of the income tax system. If the income tax system is any barometer, our trend of pure wealth redistribution will start small and become huge.
Income tax was 1% for most people in 1913. There was a marginal rate of 1% additional for people who made more than $20,000 (which was a LOT back in those days). There were higher tax brackets, but they didn’t apply to anyone except the very wealthiest — that is — until inflation kicked in. A few years later, some of those higher brackets became mainstream.
Imagine those days back in 1913. You could keep what you earned — virtually all of it! As you can imagine, there was a huge amount of controversy over the 1% tax. Today, on average, we pay more than 1/3 of our incomes to the Federal Government. With policies like Obama’s “Wealth Redistribution Act of 2009″ (my nickname for it), it will only get worse.
Where’s the controversy? These days, if we protest taxes, we’re labeled as right wing extremists! Oh what a difference 100 years makes.
The government will let you keep just enough of your money to fool you into believing you can build wealth. Then, as time goes on, they will continue to inflate away and tax away your earnings.
Dear readers, I’m afraid that the “Paul”s of the world are in the majority now, thanks to the Federal Government. The Federal Government caused this growing lower class (and class warfare) and the Federal Government will continue to ensure it continues, because their power grows as they take over more and more of the functions of the economy.
“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.” –Norman Thomas
Source of tax data: Wikipedia