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Old October 20th 06, 07:32 PM posted to rec.aviation.owning
Matt Barrow
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Posts: 603
Default musings - way waay OT

"Jay Honeck" wrote in message
ps.com...

Am I the only person who sees the system as being broken?


No, you're not. I've been telling everyone who listen this for years.

I am in the middle of paying quarterly taxes for our corporation, and
am so disgusted with how much of our income vanishes that I can hardly
breathe.

These taxes include:

- 5% of every penny we collect goes to the state, right off the top
- 7% of every penny we collect goes to the county
- Quarterly "Workforce Development" (AKA: Unemployment) Tax to Iowa
- Quarterly Federal Unemployment Tax to D.C.
- State income tax to Iowa

These don't include the monthly taxes:

- Federal payroll deduction
- Federal Medicare
- Federal Social Security
- Property tax to Iowa City

ALL of this money just vanishes. We don't even get our snow plowed,
because the road between our two buildings is considered a "private"
road (yet the city banned parking on it), and I haven't seen a street
sweeper out front since last spring.

Then you read about something like your employee's situation, and you
just want to cry. All that money is being sucked from the person who
worked hard, went to school, and found themselves a skilled position --
just so it can be spoon-fed to the person who didn't.

Meanwhile, I can't give my employees a raise -- because all of our
damned money is going to the GOVERNMENT. It's ridiculous, it's
criminal, and it's GOT to stop.


Hey, Jay!! Give this a read; long, almost 30 pages, but well worth it if
anyone thinks the Repubs are going to change any of this, ever.

http://www.theobjectivestandard.com/...nservatism.asp