A Nation of Fools by Peary Perry 09-11-08
Yes, Virginia, there is a Santa Claus…..
And an Easter bunny...
A tooth fairy…
A magic genie in a bottle on the beach somewhere…
A pot of gold at the end of a rainbow…
A government that wants to help your family without costing you anything.
Ok, so I lied about the last one.
What I would like to see is the number of folks in the United States Congress who have either owned a business or who have actually worked for a living before entering into the nebulous world of politics. I’d bet the number is very small.
I cannot believe that any person, particularly those who have actually owned a business would be receptive to some of the proposals being bantered around this current political season. For some folks it seems the word ‘profit’ is actually a four letter word.
Let me explain. If you are in business, whatever business, you must make more than you spend each year or you go out of business. Unless you are the government who always spends more than they earn and borrows to keeps the government going. This is called the ‘national debt’. You knew that.
When you are in business, no matter what size you are, from a mom and pop ice cream store to a giant oil company such as Exxon, you pay taxes. You may not pay any tax on your profits, but you still pay taxes of every other kind. You pay property tax, payroll tax, use tax, sales tax, gasoline tax, unemployment tax, capital gains tax, school tax, Medicare tax …just to name a few. This doesn’t take into consideration all of the taxes you pay if you drive a truck (toll and road usage) or if someone dies and leaves you anything (inheritance tax). The list goes on and on.
And an Easter bunny...
A tooth fairy…
A magic genie in a bottle on the beach somewhere…
A pot of gold at the end of a rainbow…
A government that wants to help your family without costing you anything.
Ok, so I lied about the last one.
What I would like to see is the number of folks in the United States Congress who have either owned a business or who have actually worked for a living before entering into the nebulous world of politics. I’d bet the number is very small.
I cannot believe that any person, particularly those who have actually owned a business would be receptive to some of the proposals being bantered around this current political season. For some folks it seems the word ‘profit’ is actually a four letter word.
Let me explain. If you are in business, whatever business, you must make more than you spend each year or you go out of business. Unless you are the government who always spends more than they earn and borrows to keeps the government going. This is called the ‘national debt’. You knew that.
When you are in business, no matter what size you are, from a mom and pop ice cream store to a giant oil company such as Exxon, you pay taxes. You may not pay any tax on your profits, but you still pay taxes of every other kind. You pay property tax, payroll tax, use tax, sales tax, gasoline tax, unemployment tax, capital gains tax, school tax, Medicare tax …just to name a few. This doesn’t take into consideration all of the taxes you pay if you drive a truck (toll and road usage) or if someone dies and leaves you anything (inheritance tax). The list goes on and on.
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