i hate taxes,
you know it is not so much the income tax that bothers me from my state and federal government.
it's when i look at my taxes and see i am paying almost as much to social security and medicare .. money i will never see .
it the sales tax when i buy stuff .
its the 10 percent tax added to my cell phone .
its the god know how much per gallon when i fill up my gas tank.
the excise tax yearly to drive my car
the other fees to drive my car.
the money each employer spend in taxes to employ me.
the high property taxes that cause rents to go up
the sin taxes .. that account for 75 percent of the cot of a beer

and i am probably missing a half dozen more

yes we need to pay taxes ... but when they tax burden figure out to between 50 and seventy percent .. how much is to much.

it is the high taxes in the us that drive up prices more than anything else . it is to avoid these taxes companies outsourse jobs .. andship jobs over sees ..

to pay employees more .. comanies pay more taxes .. to do that they have to raise prices . it is the tax system that causes so many people to struggle . but then again most of them deserve to struggle under a system they believe they deserve a free lunch from .

it is a system that will collapse under it's own weight sooner or later.

the lynch pin is going to be China. right now we benefit from china.. yes we loose a lot of lowpaying jobs. but in return .. the poor and the middle class get to buy lots of cheep goods made in china .. from your big box discount retailors.

now the people the federal governement works for .. the large corperations . who where gutting jobs for short term profit .. long before china popped up on the radar of the place to be. are crying because their compaines can't compete agains china..( and pay their executives hundreds of millions of dollars a year)

these are the companies your tax dollars really go to. corperation who don't pay taxes ..these corperation want china to play fair and unpegg the yuan. which will cause it to rise against the dollar . causeing prices of good from china to go up. and allowing these comanies to go on paying their executives fat saleries . yes it also benefits the investors .. but most of the investors .. are executives ..or formar executive from other compainies.

Then the higher prices are passed directly on to the consumer .. with markups along the way . causeing the buying power of the american public to spiral downward. as interest rates rise and cause many people to loose their homes .. and property values to drop.

...
in essence by pegging the yuan to the dollar .. the chinees government prints defacto dollars .. and props up the value of the dollar.. if china where to unpeg the yuan... and open both to market forces .. many countries with high Dollar reserves would dump dollars onto the market and buy more Yuans.

so i hate taxes .. and i think the idiots in washington are trying to slay the golden goose .. the idiots on both sides of the isle ..

At least China knows what its doing ... Which is the real scary part

Ken

p.s so i am rather alarmist ...