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Eddie Electrician may provide eight hours of his time to Pete Plumber who, in return, provides eight hours of his time to Eddie Electrician. At the end of their workday, they have both received the services they needed. All services were provided as economically as possible and with no hidden costs, i.e., eight hours for eight hours.
Marx, Lenin and Engels “struck gold” with progressive tax rates. Progressive rates allow government to “hide the ball.” Those taxpayers in the lower tax brackets believe they pay little or no tax. So, they are ambivalent about government taxing the “rich.” In fact, the “poor” might believe that the “rich” need to pay more; unfortunately, that understanding is flawed.
If the federal government was meant to create jobs, it would have created a surplus of them by now, and unemployment would be far below 7.8 percent — considering the exorbitant amount of money the Obama administration has, as it says, “invested” to do so.
The initiative for a permanent one-cent sales tax increase, known as Proposition 204, will be presented before voters this November on the ballot, causing a mixed bag of reactions among organizations and residents.