When someone dies, there are taxes to be paid. The estate pays taxes and individuals who receive assets from the estate pay taxes too. There are ways to “minimize” taxes and the current bunch running things in Washington would like to eliminate what they call “death” taxes.
Actually, from where I sit, taxes are not an evil thing. I try to look at the other side of the equation; what I receive for what I pay. The closer I get to my home, in terms of governments, the better deal I get.
My county taxes provide fire and police protection, environmental management, trash disposal, and excellent schools. I don’t mind paying my county taxes at all. In my state, the state revenue comes mostly from our version of the V.A.T., the state sales tax. I’m a little less happy with how my state government spends money. They seem to waste a lot more of my tax money than the county does.
Don’t get me started about my federal income taxes and how they are spent. Geesh.
Then, along come this new “run the country like a business” and “cut taxes, downsize government” crowd. These guys really piss me off. They get their money from folks who make their money through their investments and pay a much much much smaller share of their earnings in taxes than working people do.
Of course, they’re not doing much cutting of federal taxes here in the U.S. Instead, they’re spending money that they don’t have and putting our great great great great grandchildren in debt. They’re spending on big defense projects that put a lot of money back in the pockets of the rich folks investment club. Meanwhile, the services to working people; the folks who get most of their money from their paychecks are being eliminated.
Don’t even start on health care. They used to fool us by pointing to long wait times for medical services in countries with single-payer government-run health systems. Now, with “managed” care, it’s not a bit different. What is different in the US is that a large number of hard working Americans don’t have any health coverage.
We spend way too much of our national health care budget on paying for useless insurance infrastructure, not to mention the obscene profits being made by the “investors” in the scheme who make more money by not providing services to insured sick people.
It’s disgusting.No comments