The "state" of Arizona

Just another WordPress.com weblog

Archive for the ‘Economy and Trade’ Category

California is an example of the socialist experiment.

Posted by Concerned Citizen on March 4, 2009

A surprising number of people today are seeking a socialist government because they have a hope that a nanny state will improve their lives.  Many of these people, group one, are of modest income, brought about by modest education, and some early life mistakes.  Let’s not confuse these folks with those who want socialism because it gives them control of how we should all live, group two.  Group two is the alpha group with generally higher education and income levels.  This posting is targeted to those who are of modest means in group one.  There are three types of people: those who don’t know and know they don’t know; those who know and know they know; and those who don’t know and think they know – these are the dangerous ones and a bulk of these people fall into group two.  You will find a lot of these folks in Hollywood and in the Capitol Building.

Group one was provided an education in our schools run by controlling far left educators – group two.  The educators in their wisdom most likely dismissed the in depth teaching of U.S. and world history.  Group one simply does not realize exactly what they are seeking.  They have been sold a Utopian view by the far left of the Democratic Party, members of group two, with nary an explanation that all previous attempts at beneficial socialism worldwide have been abject failures.   China’s people are benefiting from improved prosperity and some limited advances in personal freedom, but these advances and improved prosperity are only brought about by shifts toward capitalism.  I cannot think of one nation that has adopted socialism and has seen economic prosperity and experienced widespread individual freedoms for its people through socialism.  The populace of these nations have no incentive to become wealthy and are generally regulated to death.  The socialist movement deflates any opportunity for a rags to riches rise.

Rather than use one of an unending list of failed socialist foreign nations as an example, I thought I would highlight one of our fifty states that entered into the socialism track years ago.  It is a state that has passed law after law impinging qualified personal freedom to the limit of our U.S. Constitution and has tried to be the most prolific nanny state that it can be.  It is a state where no one is held personally accountable.  I point out that personal freedom is qualified because their definition of freedom is unique to the rest of the country.  Smoking pot is good, but the rules on personal business expansion and prosperity are onerous.  It is a state that is suffering through and sharing the current U.S. and world severe recession, but is also suffering a self imposed economic collapse as a direct result of its attempt to be a nanny state.  It is a state that during a recession, where millions are suffering due to unemployment and rising costs, has decided it is good to increase taxes.  It has chosen to increase a regressive tax, the sales tax, to help solve the budget problem.  This is almost incredulous since they are raising taxes disproportionately on the people who have been weaned to depend on the nanny state.  How brilliant is that?

If you have not guessed as yet, it is the State is California.  This very liberal experiment in creating a nanny state, which included onerous rules on businesses and outrageously high taxes, is tanking faster than a falling meteoroid.  This State is suffering years of debt taken on to achieve the very liberal social programs that are the underpinning of the “nanny state”.  I hope the millions who are seeking the Nanny States of America take a moment to see what will become of the United States of America, if we continue on this path to a national socialistic nanny state.  One look at California and the multi-tentacled sink hole it has become should be enough to demonstrate to those of modest means, that in the long run the nanny state will only bring them abject misery.

This post is not targeted to group two socialism control freaks who truly believe that they know better how we should live and what our culture should look like – these are just misdirected fools and there is nothing you can tell or show them that will change their minds, since it is all about control to them.  They have no problem with constantly repeating history but with an expectation of a different result.  Fortunately for the conservatives and moderates who populate this nation, they cannot accomplish this trek to socialism on their own.  They need the votes of those with modest means.  They try to obtain these votes by promising stuff, lots of stuff.  They get these votes by pounding into these folks just how badly they have it and how dastardly corrupt business types are.

All we need to do is to point out California in detail to these modest means folks over and over again, and maybe we can wakeup some of these folks to the reality that their invitation from group two that says “we would like to have you for dinner” really means that they are the dinner.

Posted in broken government, Economy and Trade, Government, Road to Socialism | Tagged: , , , , , | Leave a Comment »

Do Corporations Pay Taxes – Yes they do! No they don’t!

Posted by Concerned Citizen on February 28, 2008

Sounds confusing, doesn’t it. The cry around this country to “get those dastardly corporations – they are the cause of all our troubles” is so misplaced that it is almost like saying don’t put prisoners in prisons, because prisons are unsafe because there are too many dangerous people in prison.

Have I now cleared all this up? Okay it is simple, even if Senators Obama and Clinton appear to not get it. Corporations factor in the income tax rate into their cost of sales and thus the price they set on what you buy at the point of sale. So, go ahead and tax the living day lights out of these corporations, they just collect their income tax for the government from you. There is one hiccup with this plan. These corporations are unable to incorporate their income tax into the price on sales overseas or in Canada and Mexico.

Senators Obama and Clinton, please pay attention here as this is important and you act like you have never heard this before. When you tax a corporation and it cannot pass on that tax it either cannot survive internationally or it adapts by closing plants in the United States and opening these plants in another country. Are you still listening? When they do this, they create jobs in other nations and terminate jobs in the United States. This is called free enterprise. We could try to regulate corporations and force them to keep the jobs in the United States, but then they will not make any money and the investment capital will move to a company in another country and not here. It is like squeezing a balloon. Squeeze one end and it gets bigger on the other end – squeeze too hard and it breaks.

Our tax code and the fact that we tax our corporations at the second highest rate internationally may have something to do with out trade deficits and the loss of good paying jobs in this country. So yes, when we tax a corporation they bill us for the tax through domestic sales or sell us merchandise made in another country where the bulk of the profit is taxed at the other country’s favorable rate and the taxes go to the other country.

Senator Obama has a socialist solution for this conundrum. Instead of lowering taxes on domestic corporations so they can manufacture in the United States and create good paying jobs. These are jobs that make you more financially viable, jobs that make our economy healthier, and jobs that help us export to other nations. Senator Obama’s solution is to support the Patriot Employer Act. This act is right out of the socialist play book – we all know that the socialist economic system is failing all over the world. It is the second worst economic system, on how people benefit, only when compared to communism.

The Wall Street Journal quotes Peter Merrill whom they refer to as “…an international tax expert at PriceWaterhouseCoopers…” as saying “…Apparently Mr. Obama believes that by making U.S. Companies less profitable and less competitive world-wide, they will somehow be able to create more jobs in America.” http://online.wsj.com/article_email/SB120407121574294919-lMyQjAxMDI4MDI0ODAyNzgxWj.html

Honestly, they must have taught international economics at either Columbia or Harvard when Senator Obama attended. If he knows better and is sending us down the wrong path just to get elected, then he does not deserve to be President. If he does not know better, then he does not deserve to be President. The same should apply to Senator Clinton. The solution, Senators Obama and Clinton, is to help these corporations become as competitive as we possibly can and then turn them loose on the world. This will create the right kind of jobs for this nation – we will not have to settle for jobs where you must learn the phrase – Do you want fries with that?

Senator Obama, drop your support of the misnamed Patriot Employment Act which is a form of reverse protectionism – it protects the world from us – and lower or eliminate corporate taxes. Yes, we all will personally pay more income tax which will be offset by lower prices for goods, since the tax will no longer be included in the price. This will stimulate domestic production of all kinds of goods and improve our standard of living by allowing us to hold better jobs. Aren’t you and Senator Clinton about jobs?

Posted in broken government, Economy and Trade, Election, Government | Tagged: , , , , , , , , , , | 5 Comments »

 
Follow

Get every new post delivered to your Inbox.