Way too high!
In the 18th century, federal, state and local taxes were less than 5 percent of gross national product, and 95 percent of federal revenue came from tariffs.
In the 19th century, tax revenue as a share of GNP gradually rose, but it never exceeded 10 percent.
Data from the Department of Commerce reveal that federal, state and local taxes combined consumed a record 31.3 percent of gross domestic product in 1995 -- the highest level in U.S. history. And in the second quarter of 1996, federal taxes reached their highest level ever: 20.8 percent of GDP. Even at the height of World War II in 1945, total taxes consumed only 25 percent of GDP
2007-07-03 10:33:49
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answer #1
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answered by Anonymous
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. The gov should tax all citizens equally:. Opportunity exists along with free education--> the government does NOT guarantee achievement,lucky breaks or serendipity...
In addition, the gov cannot prevent losses from weather events, fires, stupid decisions, or good decisions that just don't work out...
Thus, the gov should collect equal taxes to secure and maintain the fed infrastructure . All charitable "donations" to other countries should be approved by the taxpayers... as these aid packages may cause a fiscal shortfall and a desire by the gov to raise taxes...
We have service programs that assist the elderly,sick,disabled, orphans...
In the USA, a family can chose to use their $$ on a vacation /plasma tv, premium electronics and services (internet, phones, TVprogram packages),a boat, etc OR they can choose to spend $4500 on a family health plan, insurance policies for fire/flood/car/ ,-spa/golf/xxclub memberships or season tickets for sports /fun parks, or donate their $$ to whatever "cause/group ..
America was founded to prevent oppression by the government. Thus, some would even disagree that the Gov decision to use a sliding scale of tax rates on individuals is invalid... Lately there is much whining about the haves and have nots... No other country on the planet takes such good care of its populace and also uses the success of some of their population to provide help/relief for others in less successful countries.
2007-07-03 11:03:25
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answer #2
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answered by SURECY 3
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Think of it this way: on those cold, dark January mornings, when you dread just getting out of bed and having to slog through nightmarish traffic, or just dig your car out of a snow heap, all the money from that month is going to pay your Federal taxes.
In February, when it's still bitterly cold, and it's still pitch black when you get out of bed, and dark when you get home, all the money you made during this wretched month went to pay your Federal taxes.
In March, when the wind starts whipping up, making the cold rain seem even worse, and the gray, sunless skies are depressing you to no end, just remember that every single penny you made went to pay your Federal taxes.
In April, when it really starts raining, at least you can see a little bit of light at the end of the tunnel, because you only have to work about the first half of the month to finally put that first Abraham Lincoln PENNY in your pocket.
Congratulations, it's about April 12, and you just made your first penny.
Think taxes aren't too high?
2007-07-03 10:39:14
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answer #3
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answered by pachl@sbcglobal.net 7
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Entirely too high.
With taxation as high as it is (and only going to get higher if the Democrats get the Presidency in 2008), Americans have less money to spend and thus the governments get less money from sales tax.
I know...sales tax isn't that high. But if people have more money in their pockets (from being taxed less), they spend more money. Which, in turn, generates more tax money through sales tax for the government.
Which actually nets the government more than income tax.
2007-07-03 10:35:19
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answer #4
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answered by theREALtruth.com 6
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If we could pass a law to get rid of pork barrel spending, or give a line item veto to the President, then we would have more than enough money in the pool to support this government.
Right now, they are WAY too high and not in proportion to reality for the people that have to pay them.
2007-07-03 10:36:23
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answer #5
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answered by Chef 6
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Taxes will always be too high as far as most people are concerned, but if you lower them it tends to lead to inflation, so then you have to put interest rates up instead to counteract it. The way I look at it, easy come easy go, you can't take it with you when you're 6 feet under!
2007-07-03 10:41:40
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answer #6
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answered by Anonymous
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I believe they could be a lot lower if they were just spent responsibly. We need to stop paying for politicians mahogany desks , leather chairs, and all their pork projects that their states should be taking care of.
2007-07-03 10:37:44
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answer #7
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answered by jim h 6
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Way Way to high! Especially in light of how the money is being spent!
2007-07-03 10:35:53
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answer #8
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answered by Anonymous
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i would say to high,because i see of city and state works pickin up garbage and mowin grass.do you really need that many?bus the convicts out to do that stuff.stop inflating your budgets people.
2007-07-04 03:58:30
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answer #9
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answered by mike hunt 4
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they are not fair , if everyone is supposed to be created equal then we should all have equal taxes , my civil rights are being violated by having to pay more
2007-07-03 10:34:28
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answer #10
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answered by Anonymous
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