Don't think we need to afford European socialism.

[Stoney]

(These figures are enough to make your skin crawl!)

If you are not registered to vote, DO IT TODAY. WE THE PEOPLE outnumber
our "leaders" - USE YOUR POWER IN NOVEMBER.

Current European Tax Rates:

United Kingdom

Income Tax: 50%
VAT: 17.5% TOTAL: 67.5%

Germany
Income Tax: 45%
VAT: 19% TOTAL: 64%

France
Income Tax: 40%
VAT: 19.6% TOTAL: 59.6%

Greece
Income Tax: 40%
VAT: 25% TOTAL: 65%

Spain
Income Tax: 45%
VAT: 16% TOTAL: 61%

Portugal
Income Tax: 42%
VAT: 20% TOTAL: 62%

Sweden
Income Tax: 55%
VAT: 25% TOTAL: 80%

Norway
Income Tax: 54.3%
VAT: 25% TOTAL: 79.3%

Netherlands
Income Tax: 52%
VAT: 19% TOTAL: 71%

Denmark
Income Tax: 58%
VAT: 25% TOTAL: 83%

Finland
Income Tax: 53%
VAT: 22% TOTAL: 75%

If you've started to wonder what the real costs of socialism are going
to be, once the full program in these United States hits your wallet,
take a look at the table above.

As you digest these mind-boggling figures, keep in mind that in spite of
these astronomical tax rates, these countries are still not financing
their social welfare programs exclusively from tax revenues! They are
deeply mired in public debt of gargantuan proportions. Greece has
reached the point where its debt is so huge it is in imminent danger of
defaulting. That is the reason the European economic community has
intervened to bail them out. If you're following the financial news,
you know Spain and Portugal are right behind Greece .

The United States is now heading right down the same path. The VAT tax
in the table is the national sales tax that Europeans pay. Stay tuned
because that is exactly what you can expect to see the administration
proposing after the fall elections. The initial percentage in the
United States isn't going to be anywhere near the outrageous numbers you
now see in Europe .

Guess what, the current outrageous numbers in Europe didn't start out as
outrageous either. They started out as miniscule-right around the 1% or
2% where they will start out in the United States . Magically however,
they ran up over the years to where they are now. Expect the same thing
here.

It's time to rethink the "American Dream" idea: It is the notion that
with hard work and perseverance, anybody can get ahead economically
here. Do you think that can ever happen with tax rates between 60% and
80%? Think again. With the government taking that percentage of your
money, your life will be exactly like life in Europe . You will never
be able to buy a home. You will never buy a car. You will never send
your children to college.

Let's not shuffle the battle cry of the socialists under the rug either.
It's always the same cry: "Equalize income. Spread the wealth to the
poor (whoever they are). Level the economic playing field. Accomplish
that and everything will be rosy."

It's time to take a really hard look at reality. Greece is a perfect
example. Despite the socialistic system that has ruled this country for
decades, with a 65% tax rate, they are drowning in public debt, would
have defaulted without hundreds of billions in bailout money, and still
. . . 20% of their population lives in poverty. What has all that
socialistic money bought, besides ultimate power for the politicians
running the show? Do you think these people are "free"? They're not.
They are slaves to their economic "system."

We are at a tipping point in America . We all know it. Turn this
around right now or your grandchildren will be massing in the streets of
this once-great country, just as the people of Greece now are. Economic
slavery is slavery, just the same. Carefully and deeply consider what
it takes to throw off the yoke of slavery, once it takes hold and
settles over your neck.

You can't fix stupid but you can vote it out.

[martin35]

"Sharing the wealth just isn't working out like I thought it would" are not words we will hear in our life time.

[shlomo]

Keeping a third to a quarter of the production of your efforts is not an income.

It is an allowance.

Think about it.

[d_s]

How does anyone stay motivated? I can tell them straight out that if they ever decide to take 80% of my pay, there is no way in hell im working this "going to kill me at 55" high stress/high reward desk job, first thing I'd do is go look for the easiest dam job I could find in a bike or gun shop, or something similiar, do they not realize the number of people out there killing themselves at jobs that need to be done, but only because of the pay offsets the stress, what would do the same dam thing????? Productivity would go to hell pretty dam quick thats for sure

[martin35]

There should only be two stressful man killing jobs,,, tax collector and tax spender. Although I do like to see a little stress in my Walmart greeter.

[d_s]

There should only be two stressful man killing jobs,,, tax collector and tax spender hah, that's a good one, and your right, they SHOULD be hazardous occupations :)

[d_s]

I meant "you're"

[easttex]

I think its also quite interesting, especially in light of the figures above, that most of the Western European governments are either broke and borrowing from the IMF or teetering on the brink of bankruptcy. You would think that keeping 50-75% of the income from all their citizens would cover their expenses wouldn't you??

[shlomo]

Originally posted by easttex
I think its also quite interesting, especially in light of the figures above, that most of the Western European governments are either broke and borrowing from the IMF or teetering on the brink of bankruptcy. You would think that keeping 50-75% of the income from all their citizens would cover their expenses wouldn't you??

You would think so--if you bought into the illusion that the said governments need to tax the citizens to pay for their operations.

Truth is, that the thing that makes personal taxation unnecessary is also the thing that bankrupts the system. It is designed that way.

[davedude]

Socialism is in "epic fail" mode all over the world. The criminal socialist governments are desperate to keep stealing money but face a growing awareness of their scam in the general population. Should be interesting to watch events unfold.

http://www.zerohedge.com/article/september-europe-must-issue-double-government-debt-month-ago


Dave Dude

[357ross]

Stoney, thanks for posting that, it really is eye opening. But the point everyone seems to keep missing, is that the current crop of politicians are not stupid. It's a scary thought, but they know what they are doing. The political elites know they can't control us as long as we have our own resources. They need to make as many people as possible dependent upon them. And a poor economy, huge public debt, ect are a means to this end. None of this crap we are dealing with now just 'happened'.

[FAL freek]

Originally posted by davedude
Socialism is in "epic fail" mode all over the world. The criminal socialist governments are desperate to keep stealing money but face a growing awareness of their scam in the general population. Should be interesting to watch events unfold.

http://www.zerohedge.com/article/september-europe-must-issue-double-government-debt-month-ago


Dave Dude Hate to remind you but Hitlery went to China not too terribly long ago and borrowed almost a trillion dollars. And for other folks here the "official" poverty level here is 10% or so we're told. I would venture to say it's much higher than that after the past couple years of economic chaos here and shrinking wages.

Just remember two years ago the entire European Continent was laughing the heads off at America talking about how America was done for and it's status as a world power is pretty much over. Lotsa economists tried warning Europe their turn was next, which they laughed off. Now the chickens are coming home to roost.

The entire West better start getting their act together and stop taking the worlds problems in and start cleaning up what's inside their own individual borders, or countries will start to collapse.

[martin35]

As citizens the vote is the only real too infrequent power we have.

[Hootsmon]

Originally posted by martin35
As citizens the vote is the only real too infrequent power we have.

Too bad that stupidity dilutes it to the extent that it becomes ineffective.

[carguym14]

Originally posted by d_s
How does anyone stay motivated? I can tell them straight out that if they ever decide to take 80% of my pay, there is no way in hell im working this "going to kill me at 55" high stress/high reward desk job, first thing I'd do is go look for the easiest dam job I could find in a bike or gun shop, or something similiar, do they not realize the number of people out there killing themselves at jobs that need to be done, but only because of the pay offsets the stress, what would do the same dam thing????? Productivity would go to hell pretty dam quick thats for sure



No offense,but I don't think things would change all that much overall.Sure,a few people would cross over the line,but overall,we just bend over and take what we are given.I doubt you would see much of a drop in productivity,if any.

How much do we pay now?Income tax,sales tax,property tax,school tax,etc....


The VAT tax will be hidden-that 300.00 gun you are looking at buying will just be 330.00 instead.Plus sales tax.You will never even notice it-then it will creep steadily higher.

[MtnWulf]

The VAT tax will be hidden-that 300.00 gun you are looking at buying will just be 330.00 instead.Plus sales tax.You will never even notice it-then it will creep steadily higher.

That's the way it is in Germany. If a bottle of mineral water is marked 2.00 Euro then that's what you pay at the register. Not like here where they ring you up and add the sales tax then.

That way it's harder to figure out how much taxes are on anything.

[Thorgrimm_the_Vain]

Homogeneous societies seem to have a slightly better go at the socialism, but they still fail in the long run. Here in the fractious Big Balkans of the West it immediately succumbs to corruption, cronyism and cacogenics.

[Munster30]

Originally posted by easttex
I think its also quite interesting, especially in light of the figures above, that most of the Western European governments are either broke and borrowing from the IMF or teetering on the brink of bankruptcy. You would think that keeping 50-75% of the income from all their citizens would cover their expenses wouldn't you?? Truth is that not all their subjects are employed, in fact quite a few are paid not to work.

[carguym14]

Originally posted by Munster30
Truth is that not all their subjects are employed, in fact quite a few are paid not to work.


And we're not too far behind.......