Is there a Revolution Brewing over Taxes? OECD Says Yes!

This idea that we live in a world where government cares about us is just the biggest propaganda ever. Everyone one will only pursue their own self-interest. The OECD has interesting come out and warned that if governments are unable to stop the transfer of wealth to a small financial elite, the displeasure of the dispossessed middle class could easily turn and go against the prevailing governmental systems. The OECD has claimed to have discovered the existence of a veritable “lumpenproletariat” in the supposedly rich Germany. Even though the systems attempt to provide citizens with bread and circuses in the traditional Roman style to keep them quiet, such  tactics they warn may have now become obsolete after the ultimate circus is over – the World Cup.

The problem with all of these studies is the look at class warfare and not at the consumption of government. They do not follow the breadcrumbs. What if you take everything from the elites? Who will start businesses to create jobs? Who will be left to take as government pensions keep ticking away. In Germany, it has now surpassed 50% of the average persons labor goes to taxes.

In the United States, the economy remains the best because the threshold for taxes still remain low in comparison to Europe. Here is the percent of income it required to pay taxes in the United States over the years:[amazon asin=B00KN0K6EM&template=*lrc ad (right)]

Year TFD Percentage tax burden
1900 22-Jan 5.90%
1910 19-Jan 5.00%
1920 13-Feb 12.00%
1930 12-Feb 11.70%
1940 7-Mar 17.90%
1950 31-Mar 24.60%
1960 11-Apr 27.70%
1970 19-Apr 29.60%
1980 21-Apr 30.40%
1990 21-Apr 30.40%
2000 1-May 33.00%
2001 27-Apr 31.80%
2002 17-Apr 29.20%
2003 14-Apr 28.40%
2004 15-Apr 28.50%
2005 21-Apr 30.20%
2006 26-Apr 31.20%
2007 24-Apr 31.10%
2008 16-Apr 29.00%
2009 8-Apr 26.60%
2010 9-Apr 26.90%
2011 12-Apr 27.70%
2012 13-Apr 29.20%

 

There are a host of books coming out all about just taxing the rich more ignoring reducing the cost of government. The German bestseller “The plunder of the world” presents just another socialist agenda arguing that the rich get richer even in times of crisis, while the consequences of a crisis are always carried by the lower-income groups and the middle class. It fails to explain that the rich get richer from investment, not wage income. This is an argument to effective tax investment substantially to even out the disparity? But who then creates the jobs that produce anything? Is it that those who invest unfairly make money when the others pay too much in taxes and do not invest? Anyone who thinks that these books are real must be insane. If you thing for one second raising the taxes on the rich will mean your taxes will decline – good luck. In Germany, Tax Freedom Day has passed the 50% and even in Canada it is now June 9, 2014. In the United States it is April 21st for 2014.

In France, the magazine Challenges has determined that the richest Frenchmen saw their assets in 2013 rise by 15% since they benefit from the profits in foreign companies. There is no discussion that government consumes too much – EVER!

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