No Tax Tuesday: No Need for Federal Waste 2.15.11

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The Federal Government has a place. Just how much of a place is enough? When it is just a waste of money and a matter of big government payouts, that is too much.

I think when I send my hard earned money in the form of taxes to the government the stewardship of its use should be of utmost importance. The problem is that just by the fact that the federal arm of the government touches the money once costs more than it is worth. Why? Because at the very least scores of people are paid to dole out the money in forms of grants to states. Think of it like this: You "invest" in an IRA that claims big returns, but, in reality charges a 10% handling fee. Even if the IRA did make a 7% profit it would be a 3% loss. There is no profit (for tax payers) with taxes. There is only loss. 

So, I say, if tax funds are used for state issues such as education and welfare, let the money be collected by the states and handled by the states. Less red tape, less government waste. The results would be less taxes with better results.  

No Tax Tuesday: What don't they tax?

I was checking over some bills again today and making sure I had them correctly entered in my bill pay account with my bank. I noticed again how many little things get taxed. Even my electricity. I live in an all electric complex so that is my only source of power. 

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Why should we be taxed on standard necessary items such as electricity, gas and water? For a government to tax it's people on things that people can not realistically do without is nothing short of oppressive!

To tax us on items we must us means when I purchase something I must have to keep my family warm or cool and fed the government is charging us every time we provide for our families.

Yes, I know we are not supposed to be taxed for food. But, beware, when the government intrudes upon us by seeking to legislate how much salt is in our food it will not belong that they will seek to pay to the salt csar or salt police with funds directly from food.

Finally, what is the government doing with the money they already have? Is the worlds largest bueracrocy know for fiscal control and getting the most bang for our bucks? The answer to that is a "gimme." I work for the second largest school district in the nation. Waste, mismanagement, poor financial choices, political placement  of administrative positions, all marks of a government bureaucracy that demonstrate waste.

The government does not need or deserve more money. I agree with the tea party, we  are "Taxed Enough Already!"

NoTax Tuesday: They tax My Coffee, They Tax My Tea...

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They tax my coffee
They tax my tea
They tax my baby
They tax me.
I make, they take.

They say my money is their to take
To redistribute for those they hate.
"Let's tax the wealthy!" they always say,
But it's my money that doesn't stay.

Giving money to banks to play
To car makers not intending to pay.
The goods and services are green they say,
Which means more money I will pay,
for goods and services
that do not last a day.

Ah, enough of the bashing you will say,
Listen to the President, to what he say.
"Have hope, my dope, it will be OK,
'Cuz I'm the President, that's what I say!"

So, they'll tax my coffe
They'll tax my tea
They'll tax my baby
And they'll tax me.
I'll vote in November
and any time between
To rid this country of this vile scene.

 PTVoice

No Tax Tuesday!

Image by Seven_Null7 via Flickr

How about a No Tax Tuesday, once a month?
Consumers don't pay taxes on purchases.
Businesses don't pay taxes on sales.
Employees don't have to pay income tax, State or Federal!
For one Tuesday a month you keep what you earn!

How about a visit to the gasoline pump? Nationwide we pay about 62 cents per gallon (cpg)of taxes. If you buy 10 gallon of gas that's about $6.20. In California it is more like 63.9 cents per gallon or $6.40. My family owns two vehicles and it takes more like 30 gallons to fill up which means about $20.00 in taxes. No Tax Tuesday means I pay about $20 less.

Now, I have two school aged children and it's back to school shopping time. Here in the formerly great state of California we pay 9.75% sales tax. So, for every $100 I actually only buy $90.25 of clothes. Spending $400 is not that hard for back to school stuff. The breakdown on $400 is $39 for the government and $361 for my children.

Now, if No Tax Tuesday includes my income for that day...well now we're talking. If I was only in the 25% tax bracket (state and federal) that would be $25 for every $100 dollars earned. If I make $200 a day that's $50.

So, if I save $20 on gas, $39 on clothes, and $50 on taxes that comes out to $109. Now, I can do a lot more for my family with that money than the government waste plans can do.

What about you? What do you think about a NO TAX TUESDAY?

Gas Taxes Info
http://www.californiagasprices.com/Tax_Info.aspx