Saturday, August 7, 2010

Get Ready to be Taxed to Death!

My buddy DK sent this to me and I feel everyone should see it....I would say before it's too late, but it may already be too late......we already sit at a total combined tax rate of well over 55% and higher in some areas and this is only the beginning of the Socialist Liberals have it their way....

Take a look at these current European tax rates and ask yourself, is America next?
Read the text below the table and be scared.

Current European tax rates:
United Kingdom
Income Tax: 50% VAT: 17.5% TOTAL: 67.5%
Germany
Income Tax: 45% VAT: 19% TOTAL: 64%
France
Income Tax: 40% VAT: 19.6% TOTAL: 59.6%
Greece
Income Tax: 40% VAT: 25% TOTAL: 65%
Spain
Income Tax: 45% VAT: 16% TOTAL: 61%
Portugal
Income Tax: 42% VAT: 20% TOTAL: 62%
Sweden
Income Tax: 55% VAT: 25% TOTAL: 80%
Norway
Income Tax: 54.3% VAT: 25% TOTAL: 79.3%
Netherlands
Income Tax: 52% VAT: 19% TOTAL: 71%
Denmark
Income Tax: 58% VAT: 25% TOTAL: 83%
Finland
Income Tax: 53% VAT: 22% TOTAL: 75%

If you've started to wonder what the real costs of "socialism" are
going to be, once the full program in these United States hits your
wallet, take a look at the table. As you digest these mind-boggling
figures, keep in mind that in spite of these astronomical tax rates,
these countries are still not financing their social welfare programs
exclusively from tax revenues! They are deeply mired in public debt
of gargantuan proportions. Greece has reached the point where its
debt is so huge it is in imminent danger of defaulting. That is the
reason the European economic community has intervened to bail them
out. If you're following the financial news, you know Spain and
Portugal are right behind Greece.

The United States is now heading right down the same path. The "VAT"
tax in the table is the national sales tax that Europeans pay. Stay
tuned because that is exactly what you can expect to see the
administration proposing after the fall elections. The initial
percentage in the United States isn't going to be anywhere near the
outrageous numbers you now see in Europe. Guess what, the current
outrageous numbers in Europe didn't start out as outrageous either.
They started out as minuscule-right around the 1% or 2% where they
will start out in the United States. Magically however, they ran up
over the years to where they are now. Expect the same thing here.

It's time to rethink the 'American Dream' idea: It is the notion that
with hard work and perseverance, anybody can get ahead economically
here. Do you think that can ever happen with tax rates between 60%
and 80%? Think again. With the government taking that percentage of
your money, your life will be exactly like life in Europe. You will
never be able to buy a home. You will never buy a car. You will
never send your children to college. Let's not shuffle the battle cry
of the socialists under the rug either. It's always the same cry.
"Equalize" income. "Spread the wealth" to the "poor" (whoever they
are). "Level" the economic playing field. Accomplish that and
everything will be rosy.

It's time to take a really hard look at reality. Greece is a perfect
example. Despite the "socialism" system that has ruled this country
for decades, with a 65% tax rate, they are drowning in public debt,
would have defaulted without hundreds of billions in bailout money,
and still. . .20% of their population lives in "poverty." What has
all that "socialism" money bought, besides ultimate power for the
politicians running the show? Do you think these people are "free"?
They're not. They are slaves to their economic "system."

People, we are at a tipping point in America. We all know it. Turn
this around right now or your grandchildren will be massing in the
streets of this once-great country, just as the people of Greece now
are. Economic slavery is slavery, just the same. Carefully and
deeply consider what it takes to throw off the yoke of slavery, once
it takes hold and settles over your neck.

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