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Join Date: Dec 2008 Location: Texas
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Possible Gun Taxation!
These people just want give up Quote: Taxation: The other gun ban
June 26, 3:59 PM
As Congress considers the global warming bill, it is important to keep in mind that there are consequences beyond the belief that taxing people will somehow influence the environment. The most important one is the loss of the tools of Liberty.
The Heritage Foundation estimates that the proposed legislation will “raise an average family's annual energy bill by $1,241,” raise electric rates 90%, natural gas by 55%, and gasoline prices by 58%.
Ignoring the gasoline (transportation) issue for now, it remains clear that rich families ($200,000 or more income) can weather this environmental tax better than poor families ($20,000 income or less). Even if poor families pay half the estimated average ($620.50) and no income tax, rich families fare better. Assuming that rich families will maintain larger homes, if they consume four times the average, they will pay $4,964 in environmental tax. Nevertheless, this represents 3.1% of the poor family’s total income, while the much larger energy consumption tax represents only 2.5% for rich families.
Even if you add an estimated $50,000 in income tax, the rich family has over $145,000 for other living expenses, while the poor family is left with $19,379.50. Add essentials like shelter, food, clothing, and transportation, it is clear that rich families will weather increased taxation far better than poor ones. Plus, rich families have the choice to downsize in order to economize.
Taxes destroy the American Dream:
| Taxation: The other gun ban
__________________ "One of the ordinary modes, by which tyrants accomplish their purposes without resistance, is, by disarming the people, and making it an offense to keep arms."
-- Constitutional scholar and Supreme Court Justice Joseph Story, 1840
Last edited by 50CalRay; 06-29-2009 at 12:04 PM.
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