Tag Archive for 'rich'

New York: No More Tax-Free Online Purchases

..if the online store does not have a physical presence in the state. Ok, now seriously..wtf? I mean we’re already having insane amounts of money taken from us forcibly to be spent on crap like museums named after arrogant members of the (US) Congress who can’t even run the freaking federal government like any normal private sector business. See, there’s this novel idea called a budget. Typically individuals, like you and me, or any normal company can only spend as much as we make (well, there are exceptions but those people end up going bankrupt and so I’m considering that case degenerate and outside the scope of my argument). But not the US Government because it’s magical. It can play the credit game (like those in the degenerate case) and borrow obscene amounts of money from other countries, widen the trade deficit with said countries and kill the value of the money they take from you to begin with.

It’s pretty dumb, really. I mean we’re talking simple addition and subtraction, having a reasonably sized military, investing in the best technology via private sector research (essentially beef up research in all areas of science), moving to a tax system that leaves power in the hands of the consumer instead of a bunch of bureaucrats who could give two shits about whether or not their constituents are literally punished for being inventive, brilliant, entrepreneurial, hard working, etc. All they care about (again, there are always exceptions) is making sure they get reelected during their next term. Piss off with that. Everyone bitches and moans about the loss of jobs in the US via outsourcing, layoffs, etc. Those same people also complain about “evil, rich corporations” — what these dim whits don’t seem to grasp is the fact that corporations cut jobs and go for cheaper labor because laws are put in place here that prevent them from competing in the free market. More specifically, if I have a small business (a, GASP, C-O-R-P-O-R-A-T-I-O-N) and I have 15 or 20 employees, 35% of my income goes straight to taxes. That’s thirty-five percent that could be used to — you guessed it — hire more employees or improve the salaries and compensation of their existing employees. Such a novel idea but where’s that money going to be recouped? Well, it would just be taken from the employee instead of the company directly and better yet, if the tax system we’re a consumption-based tax (similar to VAT in the UK), said worker would choose when it was recouped. What about those evil rich people? Sorry to say it but most “rich” people in this company are just small business owners and they pay plenty into the system as it is. As for the super wealthy (the Bill Gates, Donald Trumps, and the likes), they donate significant amounts of their money to charity every year AND since many of said rich people spend more on items/services, they consume more and therefore would pay more into the tax system as it is. My general point is the answer isn’t to take more money from citizens, it’s to spend what’s taken in more wisely.