The Index of Dependence

The Heritage Foundation just published this chart showing the increasing number of American’s who don’t pay any income tax.  It’s up to 49.5%.  Think about that.  Granted, they’re still paying sales taxes and maybe, if they’re employed, payroll taxes, so it’s not all a free ride.  But how easy it is for people to vote for higher taxes on other people!  And now with nearly 50% of Americans not paying income taxes, in which direction to you think income tax rates are going to be pushed?

Ugh.  This is not a good trend.

CDA-2012-index-dependency

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About Mystic Cowgirl

I worked overseas in the aid game for longer than I'd like to admit and learned several important things: 1) Third World countries aren't poor because America is rich. They're impoverished due to socialist governments that provide neither rule of law nor basic infrastructures; 2) These socialist governments redistribute wealth from taxpayers to the government workers. There's no benefit to the poor or downtrodden, and certainly not to the general welfare in terms of infrastructure improvements. 3) America is moving toward the Third World model. Rule of law has been subverted because equality under the law is disappearing as special interests carve out exemptions to regulations and special favors under the law. The redistribution of wealth to government began decades ago -- total compensation for government employees now outpaces salaries in the private sector.
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