Country Boy Views

The Folly Of Socialism

2012-03-07

Mar. 4-2012 Do liberals ever know anything, other than to parrot what the lying media says. All you can hear, is Republicans want to protect the tax cuts for the rich. I took a look at the tax tables for 1999, and this is what I found when I compared them to the tax tables for 2003. In 1999, if you made $2975- $3000 your tax was $448, $13950-$14000 tax was$2096, $38950-$39000 Your tax $6422, $50000- $50050 Tax $9516, $97950-$98000 tax 23206. In 2003 after the Bush tax cut for the rich If you made $2975-$3000, your tax $299 A saving of $149, $13950-$14000 tax $1596 a saving of $500, $38950-$39000 tax $5439 a saving of $983, $50000-50050 tax $8201 a saving of $1315, $97950- $98000 tax $20189 a saving of $3017. In 2009 there were no income taxes on 69.5% of those making under 50K, 16.5% of those making 50K to 100k paid no income tax, 3.2% those making 100K to 500K paid no income tax, 2% of those making 500K to 1M paid no income tax, 1.5% making 1M and over paid no income tax according to estimates of the nonpartisan Tax Policy Center. The tax code needs to be changed, but the harangue that I hear about the Bush tax cut for the rich is enough to make a body ill. The liberals are going to give everybody everything, including future generations the shaft. It would be extremely useful, if we looked back at the history of Argentina. In the early twentieth century Argentina was one of the richest countries in the world. Only the us challenged Argentina for the position of the second most powerful economy. But in 1916 Argentina elected a new president Hipolito Irigoyen from a new party under the banner of “ fundamental change” Similar to hope and change. Under the changes were mandatory pension insurance, support for low-income housing construction to stimulate the economy. Put simply the state assumed economic control of a vast swath of the country’s operations and began assessing new payroll taxes to fund its efforts. With overly generous programs it soon out paced the tax payers ability to keep up. The death knell came for the Argentine economy, with the election of Juan Peron. He and wife Eva aimed their populist rhetoric at taxing the nation’s rich. This targeted group swiftly expanded to cover most of the middle class, who became an enemy to be defeated and humiliated under Peron. The size of government bureaucracies exploded through massive programs of social spending and encouraging the growth of labor unions. Argentina’s federal government continued spend far beyond its means. Hyper inflation exploded in 1989. Inflation hit 3000% due to the practice of printing money to pay off public debt. The country descended into chaos, by 2002 government irresponsibility induced a national economic crisis as severe as America’s Great Depression. In 1902 Argentina was one of the worlds richest countries. Now a little more than a hundred years later it is poverty stricken, struggling to meets its debt obligations amidst a major drought. It never fails, the socialist are going to help the poor and middle class, but when all is said and done, the whole nation is destroyed. If you have any doubts, study history. Richard Feuilly

Sponsored Ad:

VoterResponse.com

Leave a Comment

Your Name:

Your Email:

Your Comment:




Comments:

anonymous on 2013-12-21 wrote:
I am definitely bookmarking this website and sharing it with my acquaintances. You will be getting plenty of visitors to your website from me!
3991

anonymous on 2013-12-10 wrote:
Very educating story, saved your site for hopes to read more!
3663

Anavar GB on 2013-11-26 wrote:
I would like to convey my admiration for your generosity in support of men and women that have the need for help with this particular concern. Your special dedication to getting the message all over had been wonderfully productive and have all the time made professionals much like me to attain their dreams. Your own invaluable tutorial means a great deal to me and additionally to my office workers. Thank you; from everyone of us.
3749

Afton Hughey on 2013-09-12 wrote:
I simply want to tell you that I am very new to weblog and honestly liked you're web-site. Most likely I’m likely to bookmark your site . You absolutely have excellent well written articles. Appreciate it for revealing your webpage.
3409

  

Previous Articles

2017-07-30 - My Apology

2017-07-20 - Designed To Fail

2017-06-26 - My How Strange

2017-06-26 - My How Strange

2017-05-12 - How Long Will It Take

2017-05-07 - Why Not

2017-03-03 - Two Faced

2017-02-14 - Ignorance Galore

2017-01-20 - It's Unbellievable

2016-12-04 - Thank God For Deplorables

2016-11-24 - Keep Pushing Socialist Crap

2016-10-31 - Could Yoy Be Too Pious

2016-07-03 - Racist Xenophobe ?

2016-06-19 - We Have A Problem

2016-04-17 - Government Is The Problem

2016-04-03 - Do You Wonder What Hell Is Like

2016-03-15 - There Is No Such Thing

2016-01-21 - Be Careful Who You Vote For

2016-01-03 - Slave Masters Refused Change

2015-12-13 - Are Liberals Hoping For Voters

2015-11-22 - History Could Be A GreatTeacher

2015-10-25 - Lessons From The Past

2015-10-13 - It Won't Work

2015-09-25 - What Could Go Wrong

2015-08-30 - You Can Depend On Liberals

2015-08-05 - In The Basket

2015-07-15 - Not Liberal Enough?

2015-07-08 - What Happened To Truth

2015-07-01 - Open Letter To Proud Democrats

2015-06-16 - Better Think Before You Support A Democrat

2015-06-06 - Will America Be Fit To Live In

2015-05-19 - You Can Depend On Liberals To Fix The Unbroken

2015-05-19 - You Can Depend On Liberals To Fix The Unbroken

2015-04-17 - Two Things That Cause Trouble ?

2015-04-02 - The Wit And The Dimwit

2015-03-24 - My What An Ingenious Idea

2015-03-06 - Aint That Sumpin

2015-02-16 - Greatest Threat

2015-01-29 - The Whole Truth

2015-01-18 - What Will Happen When No One Steps TO Serve?

2014-12-18 - Lot Of Change Not Much Hope

2014-12-04 - Simple Rules To Live By

2014-11-23 - A Flawed Document?

2014-11-16 - Corporate Raider

2014-11-09 - Americans Woke Up

2014-10-24 - Dose of Own Medicine Would be Good

2014-10-03 - Seems Strange

2014-09-18 - Victory Or Manageable

2014-09-06 - How About Historical Facts

2014-08-19 - I have Been Corrected

2014-07-11 - Sick And Tired

2014-07-01 - The Sacred Main Stream

2014-06-19 - What A Wonderful World

2014-06-16 - Evidently Altitude Makes A Difference

2014-06-10 - It Will Happen

2014-05-29 - Why Do So Many Follow the Judas Goats

2014-05-02 - Money And Lies In Politics

2014-04-18 - Laws Must Be Obeyed

2014-04-07 - Is Wind Power Clean

2014-03-20 - In The Lion's Den

2014-02-28 - Republican Propaganda V Democrat Lies

2014-02-11 - It Doesn't Make Sense

2014-01-27 - What An Embarrassment

2014-01-24 - Man Made Global Warming

2014-01-03 - Do You Suppose They Learned Anything?

2013-12-15 - Can Anyone Gurantee That It Won't Happen Here

2013-11-21 - Tears In The Streets

2013-11-13 - The Bread Has Bugs

2013-10-27 - Here We Go Again

2013-10-20 - Happy Days Again

2013-10-06 - Perfect Little Darlings

2013-09-28 - Time Changes Everything

2013-09-23 - Do We Have A Dictator

2013-09-17 - Texas A Blue State ?

2013-09-03 - Why

2013-08-26 - Tired Of Lies

2013-08-14 - Ptifully Slow Learners

2013-08-10 - Doctor Kevorkian Will See You Now

2013-08-03 - A Slightly Different View

2013-07-27 - Phony Phony Phony

2013-07-22 - Many Questions Few Answers

2013-07-06 - Luckiest people On Earth

2013-06-21 - Sequestration

2013-06-11 - Charity Begins At Home

2013-06-01 - Wacko Bird Preferable To Rhino

2013-05-18 - Vote "buy" Vote

2013-05-16 - A Rare Opportunity

2013-04-20 - Have You Registered Your Pressure Cooker

2013-04-10 - What A Fabulous Leader

2013-04-01 - How About A Little History

2013-03-18 - Qcean Rise Slows, Earth Heals

2013-03-14 - Things To Ponder

2013-03-03 - Failure to follow constitution

2013-02-23 - try Using Your Head

2013-02-15 - What A Disgrace

2013-02-02 - Man Can't Control Climate Or Human Nature

2013-01-22 - How Could This Be

2013-01-06 - Who Are The Racist

2012-12-31 - What Cruelty

2012-12-22 - Democrat Paradise

2012-12-15 - Are Guns The Problem

2012-11-28 - Democrats Poison The Well Then Blame Others

2012-11-26 - Let Us Try Something Other Than Classwarfare

2012-11-15 - Trick or Treaters or Prodigal Sons

2012-11-11 - Santa Claus Came Early

2012-10-26 - Do You REALLY Know WHO You Are Voting For

2012-10-21 - Opportunity Of A Life Time

2012-10-06 - What Happened To Common Sense

2012-09-23 - Look To The 1920s To See What Could Be

2012-09-18 - Romney is Correct

2012-09-04 - The Greatest Attribute Of The Democrat Party

2012-08-21 - Something You Might Want To Consider

2012-08-03 - Outsourcing

2012-07-04 - Magic Carpet Coming Soon

2012-06-19 - Are You Paying Attention

2012-06-14 - May I Bloviate

2012-05-19 - There Is A Difference

2012-04-28 - It Never Ceases To Amaze Me

2012-04-14 - Time To Wake Up

2012-03-31 - I Didn't Know That

2012-03-22 - Why

2012-03-13 - Can Someone Please Explain

2012-03-07 - The Folly Of Socialism

2012-02-24 - Random Thoughts

2012-02-10 - Tooth Fairy Is Back

2012-01-27 - Mother Teresa For President, Really

2012-01-15 - Free Markets Regulate

2011-12-21 - Empty Suit Propped Up With Teleprompters

2011-11-28 - Glad I'm Not A Democrat

2011-11-15 - Occupiers Represent What

2011-11-10 - Endangered Species

2011-10-12 - Hypocrites Supreme

2011-09-20 - 9/20/11 Sounds Fantastic

2011-09-03 - Missing Link Found

2011-08-09 - I Think I've Been Wasting My Time

2011-08-01 - 88 Feet Per Second

2011-07-18 - Boo Hoo We Can't Cut Spending

2011-07-09 - competence Not change

2011-06-14 - A Beautiful Road To Where

2011-06-05 - Idiots Strike Again

2011-04-29 - Let me be clear

2011-04-28 - Coming Soon

2011-04-12 - Liberals Succumb To Toxic Shock

2011-04-06 - Federal Budget Reform

2011-03-25 - Global Warming Requires Attention Really ?

2011-03-17 - WELL DOGIES

2011-02-25 - Collective Barganing

2011-02-17 - My Apology

2011-02-05 - Dictator Administration

2011-01-30 - I'm Confused, Are You?

2011-01-23 - Democrats In Charge = Disaster

2011-01-23 - Do You Remember