Tax Guru – Ker$tetter Letter

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Archive for July 9th, 2008

Tax Burden Trend Continues…

Posted by taxguru on July 9, 2008

The polarization of the income tax burden in the spirit of screwing the evil rich continues. When more than half of the voting public has been practically winnowed out of the tax paying populace, our rulers can continue to financially rape the evil rich minority with complete impunity.

This chart illustrating the 2005 income tax burden from the Heritage Foundation is very enlightening:

(Click on image for full size)

These quotes come to mind on this aspect of heavily taxing a minority:

Milton Friedman:
“Congress can raise taxes because it can persuade a sizable fraction of the populace that somebody else will pay.”

“A government which robs Peter to pay Paul can always depend on the support of Paul.”
George Bernard Shaw

Vanya Cohen:

When there’s a single thief, it’s robbery. When there are a thousand thieves, it’s taxation.

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Posted by taxguru on July 9, 2008

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