tag:blogger.com,1999:blog-99704500378481622.post3512625531442057114..comments2023-10-14T08:23:14.641-07:00Comments on The American Energy Crisis: It is all about taxesA Quaker in a Strange Landhttp://www.blogger.com/profile/15425198389944137571noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-99704500378481622.post-71415788262572533602008-11-15T16:07:00.000-08:002008-11-15T16:07:00.000-08:00Cut the military to the bone. We spend close to a ...Cut the military to the bone. We spend close to a Trillon dollars a year on it.(Alot of it hidden). Why do we still need bases in Europe and Japan. Of course it won't happen because the military-industrial complex warned of by President Eisenhowser.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-2363124254145437312008-11-15T06:42:00.000-08:002008-11-15T06:42:00.000-08:00You are being hysterical now. If this is a coming...You are being hysterical now. If this is a coming depression, the only thing that will fix it is time. Time and bankruptcies. Nothing else has EVER been shown to work, including Keynesian pump priming and cutting taxes, for God sakes. We are in this hole because we spent everything we had and could borrow, and now you are going to give the people MORE to spend??? Create MORE debt?? You are out of your mind on this one, and forgetting that all those awful, unpopular government benefits like social security and interest paid on the debt MUST be spent. We need taxes. Tax cuts were voted down by a public that sees that as a sham. We are gonna spend less, earn less and live as a lesser people. And the fatheads on Wall Street, those of Paulson's and Greenspan's ilk, are almost solely to blame for this historic debacle.bureaucrathttps://www.blogger.com/profile/03869739125758038029noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-72937951823087828112008-11-14T22:54:00.000-08:002008-11-14T22:54:00.000-08:00Oops I left out FUTA and SUTA as it either comes o...Oops I left out FUTA and SUTA as it either comes out of the employee’s wages or is paid by the consumer same as with the employers half of FICA.Danhttps://www.blogger.com/profile/04354887108778074009noreply@blogger.comtag:blogger.com,1999:blog-99704500378481622.post-48579648819258731502008-11-14T22:49:00.000-08:002008-11-14T22:49:00.000-08:00You can also figure most of the current retirees, ...You can also figure most of the current retirees, the largest voting block, against it. It can be done without changing their benefit check; but good luck explaining that.<BR/><BR/>Taxes overall are too high and range around 60% for the lower middle class when one figures in income tax, payroll tax, state tax, sales tax-they spend almost all of it, use tax, tariffs, fuel taxes, sin taxes on alcohol and tobacco, Etc… Higher if you figure in corporate taxes; they get it from somewhere. For comparison, I saw a tax accounting textbook about a decade ago that put Ross Perot’s effective tax rate at 19%.Danhttps://www.blogger.com/profile/04354887108778074009noreply@blogger.com