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Highlands Today

A Simple Equation

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Russell Errett

Published: February 18, 2008

I would like to start with a simple equation. Government spending equals government taxes.

When government taxes are not enough, then red ink is applied. There is much ado about taxes being too high, unfair etc. but we rarely get excited over government spending. The reason being, is that we are recipients of government spending in one form or another, such as: welfare, housing subsidies, farm subsidies, food stamps, subsidies for colleges and tuition, building stadiums for high priced athletes, and the infamous congressional earmarks and many more.

Divide and conquer. There is a method to their madness. By taking a small amount from several places they are trying to fool us into thinking we are not paying a large amount. Let's take the property tax. An Amendment One just passed in Florida concerning the property tax. First, the value is based on an appraisers' decision. Second, the taxes uses different methods for each property. Third, how do you pay your property tax? I pay mine from my paycheck.

The same is true of the sales tax. It is paid from the paycheck. A business tax is nothing more than a sales tax which is added before it gets to the retailer.

So why are we adamantly against the paycheck tax? There is no need for an appraiser and the tax is in one lump sum (divide and conquer,) so we know how much taxes we are paying.

Russell Errett
Sebring

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