Showing posts with label Increased Taxes. Show all posts
Showing posts with label Increased Taxes. Show all posts

Sunday, March 24, 2013

Taxes Kill Jobs! 10.4 % Unemployment in L.A. County. Send Short-Sighted Politicians Somewhere Else!




March 24th, 2013

Southern California regions see job losses, uptick in unemployment
http://www.presstelegram.com/breakingnews/ci_22853913/southern-california-regions-see-job-losses-uptick-unemployment


The headline on yesterday’s Long Beach Telegram shouted out “unemployment in Los Angeles county rises to 10.4%” – or something to that extent.   No doubt such ‘pleasant’ unemployment numbers were helped along by the new recent taxes which were to be imposed on the state’s ‘rich’ citizens.  Of course, we are all aware now that the tax-happy politicians consider the ‘rich’ to be anyone that makes more than $20 per hour. 

But the issue I wanted to highlight with this blog entry is the correlation of higher taxes and the byproduct of less jobs as a result of the higher taxes – for anyone that doesn’t see such a correlation, such as most of the nation’s ‘liberal’ politicians, apparently.  ‘Liberal’ politicians for some reason seem too short-sighted to understand such a simplistic correlation.  'Liberal' politicians – when not acting to take away rights from the citizenry, such as the freedom to smoke cigarettes or own firearms – seem to know to do nothing but to endeavor to forever raise taxes. 

As an example of such economic and political visionary problems, L.A. Mayor Villaraigosa was on the Sunday news talk shows this morning (ABC Ch. 7’s Eyewitness Newsmakers) stating that L.A.’s sales taxes need to be raised to 10% - as such a referendum has just been voted down by residents in the City’s most recent election a few weeks ago.  As another example, President Obama told us how the ‘rich’ needed to start paying more taxes.  In response, I would ask of those who still might have a job during this Great Depression of the New Millennium, did your taxes also increase?  Are you then rich, because your taxes also went up as the Obama (and Gov. Brown) administration(s) claimed to only seek to increase taxes on the ‘rich’?

Sometimes I think it’s almost as if the taxes should be further increased just to show these politicians – who appear challenged by common sense if not also challenged in the basic laws of economics – the obvious correlation of how increasing taxes increases unemployment.  I would suggest one look to see where taxes have been raised recently to see if jobs were subsequently created as a result of the tax increases – and I mean private sector jobs, of course.  Even though we are all aware that the reported unemployment numbers in no way reflect the true amounts of massive unemployment that actually exists in our nation, even the reported manipulated numbers can not deny the increase in unemployment that follows an increase in taxes. 

All this would appear as common sense to anyone who is not in denial of such a fact that taxes kill jobs and also kill job creation.  Clearly, if one were a ‘rich’ person looking to start a business that would subsequently employ workers, would such a ‘rich’ person open any hypothetical business where the profits, products, and salaries would be subject to some of the highest taxes in the nation?  Or, would they look to go somewhere else where the taxes would be considerably less or nonexistent? 

Do I really need to answer such an obvious question?  Well apparently for most of the ‘liberal’ politicians and for most of the voters these manipulative politicians have forever mislead into following the misguided/ignorant politician’s ‘liberalistic’ ideals, yes I do need to answer the question:  No, any new business is most likely to locate itself where it would be subject to less taxes.  If the reader does not believe this is so, look to areas where the taxes are lower and I can nearly guarantee that the economy in such an area with lower taxes than L.A. County's taxes has not been as economically devastated in this latest Great Depression of the New Millennium as has been L.A. County.  Yet, the short-sighted ‘liberal’ politicians in California and LA County still seek to raise taxes even higher as if to drive away the remaining taxpayers who are still located here.  Maybe these politicians are merely socialists in disguise and would prefer that all the citizenry work for the government or be totally subsistent on the government for survival?

The best way to generate tax revenues is not by driving taxpayers out of the jurisdiction.  It would be better to get more people working so there are more people contributing to the tax base and then per capita everyone pays less – most likely, anyhow.  Anyone who tells you otherwise would appear to be not on the side of free-market job creation.  Maybe any person preaching  higher taxes is merely is in psychological denial or that person/politician is merely an ignorant individual who does not belong in office in this nation.  I suggest we let any such short-sighted politician who believes in forever raising taxes go somewhere like Canada where they enjoy paying a 50% tax – or the likes – on all goods purchased. 

Adam Trotter      


PS.  March 31st, 2013.  On KABC LA-TV Channel 7 today, the municipalities were listed whose higher sales taxes go into effect tomorrow.  Those towns who were silly enough to vote for higher sales taxes will no doubt see the short-sighted effects of that vote before all too long.  As whatever car sales and high dollar ticket sales items such as appliances pack-up and leave those towns for nearby communities with lower sales taxes, the simplistic towns with the higher sales taxes will eventually see their tax coffers further depleted.  For anyone who voted for such higher taxes, you were simply misled or, again, don't understand the effect of taxes.  That, or maybe, it's simply time for voter identification in California as well.   




For a brief explanation of one way in which taxes negatively affect the overall economy, see: 
“Politicians Who Increase Taxes Seem Ignorant of Basic Economics,”  http://engineeringandcommerce.blogspot.com/2011/05/politicians-who-increase-taxes-seem.html

Regarding unemployment figures, see:
Report the True Unemployment Numbers or Nothing At All



33% True Unemployment Percentage in the U.S.?  Estimating the True Current Unemployment Numbers in the United States.


Create Jobs Not Taxes!! Obama Leaving For Myanmar – Four more Years of No Employment for Americans?

Sunday, November 11, 2012

Create Jobs Not Taxes!! Obama Leaving For Myanmar – Four more Years of No Employment for Americans? (Draft Copy)



November 11th, 2012

After four years of outrageous levels of unemployment, I believe the President and the likes should be talking about creating jobs not about raising taxes.  If more people had jobs and were receiving incomes and paying current tax rates there probably would be no tax deficit.  Also, taxing the rich sounds good for the rest of us, but why would a ‘rich’ person look to hire anyone at his company if he already knows his expenses are going up with higher taxes?  (See: Obama reiterates that rich must pay more in taxes,  http://articles.latimes.com/2012/nov/09/nation/la-na-obama-budget-20121110.)

The other problem in taxing the ‘rich’ is that those in power who want the ‘rich’ to pay more typically define ‘rich’ as earning more than $45K/year (approx.).  $45K is probably less than the average politician spends in taxdollars on their vehicle for which our taxes also pay for the driver and gasoline, of course.  Our politicians likely would never work for such a small sum and the average politician/lawyer probably rarely pays any taxes anyhow. 

Four years have passed since his last election with no jobs during that time and upon re-election the first thing the Administration starts to talk about is raising taxes and leaving town for Myanmar.  (Myanmar…, really?  ...right now?)  Is this the Administration’s way of telling us that we should expect nothing regarding jobs creations for the next four years as well?

Moreover, I don’t see what Obama going to Myanmar (Burma) for a week (next week) could possibly have to do with creating jobs.  He should stop boondoggling with our taxdollars and create some jobs!!  The President said that after focusing on getting his job for the better part of the last year, now the focus should be on getting jobs for Americans across the country.  So, he decides to go on an apparent vacation to Myanmar?!?!?  Going to Myanmar for vacation may help to offshore more of our jobs in the future but we really need some jobs here and now!!! 

The Obama Administration has had four years to date and has done nothing to create jobs.  It’s widely believed that here in the SoCal area as much as fifty percent of the people have no jobs (and/or underemployed).  Should we anticipate another four years of increased unemployment and ever-increasing prices as a result of an ever-decreasing value of the dollar – in an apparent attempt to artificially inflate the GDP to artificially avoid recession, or stick it to the Chinese, or whatever?


Socialistic programs – seemingly loved by Americans in times of Great Depressions – that kick-in five years later and which leave the costs for future generations, obviously seem to appeal to this Administration.  But, futuristic socialistic programs do nothing to create jobs now!  Such seems as a no-brainer to anyone that might have a brain and choose to use it.  Also, making everyone dependent on handouts from the government (unemployment, welfare, etc.) does no real favors for anyone either – one only needs to look at the history of the typical family or region heavily supported by personal government handouts.  If people are paid for doing nothing that is just what they typically will do: nothing.  It appears that the majority of government handouts are more for the purpose of buying votes – or so one can hope because the handouts generally seem to make the recipients go into neutral gear as for as looking to advance themselves in society. 

Given the level of arrogance of our politicians and the level of ignorance displayed in their supported policies which they mandate upon the rest of us by fiat, such never ceases to amaze anyone that cares to learn the reality of the situation.  In general, whatever the government does to achieve a goal, it seems it would be better served to do just the opposite of what it thinks is proper and it would then better achieve its desired ends. 


AVT


PS.  For a brief explanation of one way in which taxes negatively affect the overall economy, see: 
“Politicians Who Increase Taxes Seem Ignorant of Basic Economics,”  http://engineeringandcommerce.blogspot.com/2011/05/politicians-who-increase-taxes-seem.html



Regarding unemployment figures, see:
Report the True Unemployment Numbers or Nothing At All



33% True Unemployment Percentage in the U.S.?  Estimating the True Current Unemployment Numbers in the United States.