RSS Feed for This PostCurrent Article

You Can’t Afford Not to Read What Follows

We would like to thank “Reader B2” for the following article. You can’t afford not to read what follows because you’ll see facts that foretell the demise of the American Culture and Standard of Living, which is currently one of the highest in the world, to that of a Third World Nation. ~ Publisher



Current European Tax Rates 

United Kingdom     Germany  
Income Tax 50%   Income Tax 45%
VAT 17.5%   VAT 19%
Total 67.5%   Total 64%
France     Greece  
Income Tax 40%   Income Tax 40%
VAT 19.6%   VAT 25%
Total 59.6%   Total 65%
Spain     Portugal  
Income Tax 45%   Income Tax 42%
VAT 16%   VAT 20%
Total 61%   Total 62%
Sweden     Norway  
Income Tax 55%   Income Tax 54.3%
VAT 25%   VAT 25%
Total 80%   Total 79.3%
Netherlands     Denmark  
Income Tax 52%   Income Tax 58%
VAT 19%   VAT 25%
Total 71%   Total 83%
Income Tax 53%      
VAT 22%      
Total 75%      

 If you have started to wonder what the real costs of socialism are going to be, once the full program in these United States hits your wallet, take a look at the above. As you digest these mind-boggling figures, keep in mind that in spite of these astronomical tax rates, these countries are still not financing their social welfare programs exclusively from tax revenues! They are deeply mired in public debt of gargantuan proportions. Greece has reached the point where its debt is so huge it is in imminent danger of defaulting. That is the reason the European Economic Community has intervened to bail them out. If you’re following the financial news, you know Spain and Portugal are right behind Greece.

The United States is now heading right down the same path. The VAT tax in the above table is the National Sales Tax that Europeans pay. Stay tuned because that is exactly what you can expect to see the administration proposing after the fall elections. The initial percentage in the United States isn’t going to be anywhere near the outrageous numbers you now see in Europe. Guess what, the current outrageous numbers in Europe didn’t start out as outrageous either. They started out as miniscule-right around the 1% or 2% point where they will start out in the United States. Magically, however, they ran up over the years to where they are now. Expect the same thing here.

It’s time to rethink the “American Dream” idea: It is the notion that with hard work and perseverance, anybody can get ahead economically here. Do you think that can ever happen with tax rates between 60% and 80%? Think again. With the government taking that percentage of your money, your life will be exactly like life in Europe. You will never be able to buy a home. You will never buy a car. You will never send your children to college.

Let’s not sweep the battle cry of the socialists under the rug either. It’s always the same cry: “Equalize income. Spread the wealth to the poor (whoever they are). Level the economic playing field. Accomplish that and everything will be rosy.”

It’s time to take a really hard look at reality. Greece is a perfect example. Despite the socialistic system that has ruled this country for decades, with a 65% tax rate, they are drowning in public debt, would have defaulted without hundreds of billions in bailout money, and still . . .20% of their population lives in poverty. What has all that socialistic money bought, besides ultimate power for the politicians running the show? Do you think these people are “free”? They’re not. They are slaves to their economic “system.”

We are at a tipping point in America. We all know it. Turn this around right now or your grandchildren will be massing in the streets of this once-great country, just as the people of Greece now are. Economic slavery is slavery, just the same. Carefully and deeply consider what it takes to throw off the yoke of slavery, once it takes hold and settles over your neck.

You can’t fix stupid but you can vote it out.

Trackback URL

  1. 7 Comment(s)

  2. By medical assistant | Reply

    this post is very usefull thx!

  3. By school grants | Reply

    Valuable info. Lucky me I found your site by accident, I bookmarked it.

  4. By WP Themes | Reply

    Amiable dispatch and this enter helped me alot in my college assignement. Say thank you you seeking your information.

  5. By Debt Consolidation | Reply

    Sorry for my bad english. Thank you so much for your good post. Your post helped me in my college assignment, If you can provide me more details please email me.

  6. By Coach Handbag | Reply

    It is certainly right
    You are not right. I can prove it. Write to me in PM, we will discuss.
    It is a pity, that I can not participate in discussion now. I do not own the necessary information. But with pleasure I will watch this theme.

  7. By proflight | Reply

    Thanks for sharing superb information. Your web-site is very cool. I am impressed by the details that you have on this blog. It reveals how nicely you perceive this subject. Bookmarked this web page, will come back for extra articles. You, my friend, ROCK! I found simply the info I already searched everywhere and just couldn’t come across. What a great web-site.

  8. By LG 32LK450 Testbericht | Reply

    Hi there. Very cool website!! Guy .. Excellent .. Superb .. I’ll bookmark your site and take the feeds also…I’m satisfied to find a lot of useful info right here within the article. Thanks for sharing..

Post a Comment