The federal government hires 87,000 new IRS agents and as if we didn’t know what the next step in the Democrat destruction of America was going to be, here it is. They are poised to raise one trillion in the next single year. According to the Daily Wire the Congressional Budget Office is touting a 23% increase in tax collection between fiscal years 2021 and 2022. Our government is slated to collect around five trillion from you which is a record up from four trillion last year which was also a record.
But we should be grateful to our installed leaders as they know, “money is the root of all evil” and they intend to cleanse you of all your evil. Consequently, without money you will need to rely on the sound and good judgment of our all-seeing and all-knowing federal government. They will direct you where to live, what school to attend, what words you can say, what views you can have, and what foods you can eat. They will make sure you have a good job that pays a wage that is equal to everyone else, and all for the simple price of your continued obedience and support by way of the vote. To which they can dilute that vote by allowing the same to all the new Americans illegally pouring over our borders. They will even make it easy for you, no longer will be the days where one might need to leave one’s safe space to vote, online should do just fine.
We are told that the middle class (what there is of it) will be left alone and only the rich and greedy billionaires will need to pay their fair share. So, what exactly does that fair share look like?
The top quintile (20%) in us earned 52.2% of all income The top 1% pays 40% of all federal income tax. The top 50% of taxpayers pay almost all federal income tax.
The highest income quintile is financing 96% of the entire system of transfer payments (entitlements, welfare programs, government handouts, choose your pronoun) to the bottom 60% [facts/figures from American Enterprise Institute] and funding the operation of the federal government to boot.
- Subsidized assistance. Supplemental nutrition assistance Food stamps
- Subsidized housing
- Subsidized heating
- And other social services (abortion)
If you include transfer payment the lowest bottom 20% their income increases by over 500%. If you apply that to the 2nd lowest 20% their income increases nearly 100%. And the top income group actually lost 31.9% of their income through taxation. As a point, we spend more than any other country on social programs.
The rich not only pay their fair share, but they also pay everybody else’s fair share too. Don’t be fooled, they are coming after you!
In the immortal words of the former Prime Minister of Great Britain Margaret Thatcher, “The problem with socialism is that sooner or later you run out of other people’s money”.
let alone every person in the tax crosshairs sells a product … if someone charges you more to sell your product what do you do? you raise the price of your product ergo the still the end consumer aka the poor and middle class paying the tax