California and a New Flat Tax?

California

So Arnold Schwarzenegger, the “Republican” Governator of the Socialist State of California, has mentioned a 15% flat tax in California on top of everything else, and is even now beginning to discuss the abolition of the state welfare program. People in California who don’t work or who are not Americans are livid. Can you blame them? They are afraid they will have to pay their fair share of taxes!

Fifteen percent on the state level is ridiculous (currently it is around 9%, much higher than the national average), especially considering the income tax of 25-40% (rounded) on the middle and upper classes. That is going to increase significantly as well under Brack Hussein Obama of Kenya (at least for the highest bracket in the near future), the capital gains tax will more than double, and not to mention some of the highest state sales tax rates in the country. Also there is about thirty percent of product cost in embedded corporate taxes on all purchases (national average according to FairTax advocates), and the near eight percent payroll taxes we pay from our checks and the same amount the employer pays (which if one considered thoughtfully, is a cost of employing someone and is inherently considered when making salary and raise offers therefore ultimately paid by the employee). So when a taxpayer who makes $50,000 per year holds a dollar in his/her hand that dollar has already been taxed around 85 cents. And that 85 cents came from that person’s pocket. That’s tough for a non-economist to grasp, but it is a sad reality.

Do Californians not realize that the Governor doesn't want to raise taxes? It's because all of the uneducated people who want free stuff and services constantly demand them vote on props to get them started but expect only the rich to pay for them. This is defined as a democracy. Thomas Jefferson once said:

“A democracy is nothing more than mob rule, where fifty-one percent of the people may take away the rights of the other forty-nine.” Thomas Jefferson

Don't they realize that even their top 25% of income earners cannot even to begin to pay for these programs? California needs to learn about something called a balanced budget. They want to spend money they don't have. When the rest of us as individuals do it, it is called BANKRUPTCY. Arnold tried to cut government spending but Californians balked and said NO!

What is he supposed to do? He can't spend more, he can't cut spending, and he can't raise taxes.

Where is this governor supposed to get money? Should the taxpayers from the other 49 states have their taxes increased to pay for California's excessive spending?

Even Reagan had to raise taxes when he became governor to balance the budget; he only raised them to pay off the State's deficit.

People all over the country are in awe of Californian's lack of understanding that you have to have money to give handouts. The funny thing is many of these rich Californians are still there. Their wealth has already been taxed at the point of income. Many have stopped earning though. The problem is that the middle class is leaving in droves.

Why not? Sunny beaches and the tropical life can be found in Florida with no state income tax. Florida is doing well. Georgia is doing well. States with low taxes are prosperous while states with high taxes are facing massive deficits and huge cash shortages. North Carolina is starting to feel the effects of having three of its biggest cities becoming liberal havens. North Carolina is facing a severe fiscal crisis and it is no coincidence that North Carolina went for Barack Hussein Obama of Kenya. So did Michigan, New York, and California. All states in major trouble and most with large union presences.

But who is going to pay for this unadulterated spending? The rich only make so much money, you can't take it ALL. And if you did it wouldn't be enough.

Even if the wealthy agreed to work and turn over 100% of their income to the government; it still wouldn't cover the bill.

The USA should really look at California because we are going down the EXACT path. The GOP needs to wake up because they are so worried about being yelled at and pleasing the religious that they barely realize if at all that they are Obama-Lite.

Lets look at Great Britain. Britain has enjoyed for many years one of the best credit ratings in the entire world. All of a sudden, after Tony Blair left office, Gordon Brown took over and began spending, printing money and forming social programs for the poor and now the British are furious because the Treasury is completely depleted.

Now they are trying to use more spending and printing of money to fix it. And the citizens are OUTRAGED. Nobody in power is lucid enough to consider anything but more spending and printing. Our politicians are drunk with power. The United States is saying the stimulus is working, but it isn’t. Over 165,000 jobs have been created, they say, it took $50 billion for that to happen. That means it actually cost us over $300,000 per job to create each job! Oh wait, one important fact. Almost all of those jobs are temporary summer jobs; many not even full time! In addition, 150,000 full time private sector jobs were lost in May 2009. Also these jobs are for the bottom half of income earners in this country which means they will pay very little if any income tax on those earnings, so the full-time jobs, which created government revenue are gone and replaced by part-time/temporary jobs that will create little government revenue (especially since many are government jobs anyway)---all at a cost of $50 billion dollars.

Thank you BHO of Kenya.

Are you pissed yet?