Europe's utopian promises are coming unraveled. A Portuguese professional, frustrated with working hard and not getting ahead, made this comment on a LinkedIn Group Discussion: "Right now I work mainly to pay taxes, and it has been so 'escalating'. I am seriously considering unemployment so that someone else pays for my life. I am very tired."
Some help is needed from our neighbors and government, but when it pays more to give up and take government assistance than to bring home a hard-earned paycheck, the end of the American dream will be near!
Yes, paying more taxes is unpleasant. But if Americans want to use the government to help others, let's make sure every working American, rich or middle class, is pulling the same weight. Get rid of the deductions and the political games; establish a flat tax percentage for everyone, including Warren Buffett and his secretary. Let the income tax rate change yearly on the basis of what government spends. When spending goes up, everyone's taxes go up. When spending goes down, all our taxes go down. When every working citizen has skin in the game, out-of-control spending get's downright personal, because all are paying for it.
The revolutionary fervor that helped lead to our independence and the formation of America, was driven by the importance of liberty, property rights and fair taxation. One of the grievances against the King of England delineated in our Declaration of Independence applies to today: "He has erected a Multitude of new Offices, and sent hither Swarms of Officers to harass our People, and eat out our Substance." Had enough meddling czars in Washington? Had enough harassing regulations and unequal taxes?
In 1776, we weren't helpless! We fought for our independence. It's time to take a stand for liberty and freedom again. We don't need a revolution; we need an election where we can elect leaders who believe in personal responsibility and opportunity--leaders who believe in us and our ability to find our way back to prosperity.