Comments on: Visual Guide to Tax Spending, Credit Cards, and Housing http://www.mydollarplan.com/visual-guide-to-tax-spending-credit-cards-housing-and-more/ finance. money. action. Fri, 20 Nov 2009 12:02:44 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: DR http://www.mydollarplan.com/visual-guide-to-tax-spending-credit-cards-housing-and-more/#comment-8396 DR Thu, 30 Apr 2009 14:21:40 +0000 http://www.mydollarplan.com/?p=827#comment-8396 Congrats on the rental property! it's a lot of work, but very rewarding. It will be fun to see how it works out for you. Congrats on the rental property! it’s a lot of work, but very rewarding. It will be fun to see how it works out for you.

]]> By: Yo Prinzel http://www.mydollarplan.com/visual-guide-to-tax-spending-credit-cards-housing-and-more/#comment-8355 Yo Prinzel Mon, 27 Apr 2009 04:36:56 +0000 http://www.mydollarplan.com/?p=827#comment-8355 Holy cow, when I read, "words cannot explain this graph" I assumed you were exaggerating. Then I clicked the link. Holy cow. This is a great find--thank you! Holy cow, when I read, “words cannot explain this graph” I assumed you were exaggerating. Then I clicked the link. Holy cow. This is a great find–thank you!

]]> By: Clair Schwan of Libertarian Logic http://www.mydollarplan.com/visual-guide-to-tax-spending-credit-cards-housing-and-more/#comment-8340 Clair Schwan of Libertarian Logic Thu, 23 Apr 2009 19:18:10 +0000 http://www.mydollarplan.com/?p=827#comment-8340 The interesting part is who pays. Just 10% of the highest income earners pay 70% of the taxes. If you add the employer burden and the corporation burden to the equation, it's easy to see the "soak the rich" approach to paying for the government and it's programs. Since the government doesn't create wealth, it only consumes it, at some point there will be a number of producers (like me) who decide to stop creating wealth because they're tired of the tax burden. When that happens, it will be interesting to see where all the money comes from to keep the ever expanding government machine in operation. Clair The interesting part is who pays. Just 10% of the highest income earners pay 70% of the taxes. If you add the employer burden and the corporation burden to the equation, it’s easy to see the “soak the rich” approach to paying for the government and it’s programs.

Since the government doesn’t create wealth, it only consumes it, at some point there will be a number of producers (like me) who decide to stop creating wealth because they’re tired of the tax burden. When that happens, it will be interesting to see where all the money comes from to keep the ever expanding government machine in operation.

Clair

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