Monday, April 12, 2010

POLL: 66% Say America Is Overtaxed

Subject: txt mny -
Sixty-six percent (66%) believe that America is overtaxed. Only 25% disagree.

Amazingly, lower income voters are more likely than others to believe the nation is overtaxed.

When thinking about all the services provided by federal, state and local governments, 75% of voters nationwide say the average American should pay no more than 20% of their income in taxes. [Perfect: the amount Americans end up paying relative to the GDP regardless of the government's intentions: when raised by the our product production contracts until the 20% equilibrium is again attained. I.e., grow the pie - not the size of slices from it.]



[Note that the largest positive gap between the red line of revenues and the diagonal gray line representing linear taxation rate increase is right at 20%.

I.e., even internationally, the greatest rate of return on taxation shows time and again to be around 20% -- anything over that is retarding the economic growth that's being taxed.

If prosperity were truly the goal of our government it wouldn't tax above 20% - yet it does. Conclusion?]


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