Tuesday, October 5, 2010

Taxed Enough Already

This is where the progressives running our government want to take America. Your last chance to stop it may well be in November. Please vote!



Subject: Current European Tax Rates
(our friends in Italy report that their's is around
65%...which includes ‘income tax’ and
‘Value Added Tax' = VAT )

Current European Tax Rates:

United Kingdom
Income Tax: 50%
VAT: 17.5% TOTAL: 67.5%

France
Income Tax: 40%
VAT: 19.6% TOTAL: 59.6%

Greece
Income Tax: 40%
VAT: 25% TOTAL: 65%

Spain
Income Tax: 45%
VAT: 16% TOTAL: 61%

Portugal
Income Tax: 42%
VAT: 20% TOTAL: 62%

Sweden
Income Tax: 55%
VAT: 25% TOTAL: 80%

Norway
Income Tax: 54.3%
VAT: 25% TOTAL: 79.3%

Netherlands
Income Tax: 52%
VAT: 19% TOTAL: 71%

Denmark
Income Tax: 58%
VAT: 25% TOTAL: 83%

Finland
Income Tax: 53%
VAT: 22% TOTAL: 75%

If you've started to wonder what the real costs of socialism are going to be,
once the full program in the United States is in place, take a look at the
table. As you digest these mind-boggling figures, keep in mind that, in spite
of these astronomical tax rates, these countries are still not financing their
social welfare programs exclusively from tax revenues! They are deeply mired in
public debt of gargantuan proportions. Greece has reached the point where its
debt is so huge it is in imminent danger of defaulting. That is the reason the
European economic community has intervened to bail them out. If you're
following the financial news, you know Spain and Portugal are right behind
Greece .

The United States is now heading down the same path. The VAT tax in the table
is the national sales tax that Europeans pay. Stay tuned because that is
exactly what you can expect to see this administration proposing after the fall
elections. Theinitial percentage in the United States isnt going to be anywhere
near the outrageous numbers you now see in Europe . The current outrageous
numbers in Europe didnt start out as outrageous either. They started out as
miniscule-right around the 1% or 2% --where they will start out in the United
States .


It is the notion here that with hard work and perseverance, anybody can get
ahead economically. Do you think that can ever happen with tax rates between
60% and 80%? With the government taking that percentage of your money, your
life will be exactly like life in Europe . You will never be able to buy a
home. You will never buy a car. You will never send your children to college.
Lets not shuffle the battle cry of the socialists under the rug either. Its
always the same cry. Equalize income. Spread the wealth to the poor (whoever
they are). Level the economic playing field. Accomplish that and everything
will be rosy.

Its time to take a really hard look at reality. Greece is a perfect example.
Despite the socialism system that has ruled that country for decades, with a 65%
tax rate, they are drowning in public debt, would have defaulted without
hundreds of billions in bailout money, and still. . .20% of their population
lives in poverty. What has all that socialism money bought, besides ultimate
power for the politicians running the show? Do you think these people are
"free"? They are slaves to their economic "system."

Hopefully, something will be done about this soon - - please vote in
November!!!!

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