Have you ever considered in Grays harbor County, and more specifically, in the Elma area, the homeowner pays about $13.73 per thousand dollars of their home and all properties value to the state and local government? Which means if you own a home worth $275,000 dollars, you pay $3,432.50 dollars to the county annually. Over the course of living at your home for say 20 years that totals $68,650 dollars, which is more than likely more money than your initial investment in the property alone. The property tax cost per month for a $250,000 dollar home or real estate in Elma is $286 dollars and some change.
*** On a side note my first home mortgage payment was $300.00 dollars a month.
Also, in Elma we the consumer pay nearly 10% of our money spent on goods and services (8.8%). That equals out to... let’s say, the average household spends $14,000 dollars on miscellaneous sales taxable stuff per year, we would be paying about another $1200 dollars a year to state and local government.
In our state of Washington, the state and federal government levy a tax of about $.63 cents a gallon of fuel we use in our autos. IDK what the average Elmanite travels per year, but the feds say the average person racks up about 16,550 miles a year on their rigs, so for a family of 2 my guess is somewhere around 20k miles per household give or take. So at an average of 20 MPG, that roughs out to 1000 gallons per year which would have us paying $630 dollars per year, per household, on average to the state and feds just to drive on the roads, barring any tolls, or special projects where they add more to our licence tabs and so forth.
Then there are income taxes, the average marginal income tax range is loosely 21.5% in the USA, which I know drastically differs between the levels of income. For an interesting, and enlightening read go here:
https://taxfoundation.org/how-much-do-people-pay-taxes/
At any rate if a household of two working members $100K per year with an adjusted gross income of say $80K, which might be too low on average, we pay about $17,200 dollars and some change to the federal government per year.
I was just thinking as I start down the path of building a home on my fresh pristine real estate for myself and my bride of 33 years to sail off into the sunset of our lives, how stinking much money it costs to live, and what we have received in return over the years for out tax investments, and the exponentially multiplied taxation costs the next generation has to look forward to as they embark on a life of home owning.
You all can do the math, and it comes up to a staggering amount of our hard earned dough to live simply paying taxes upon taxes, let alone the costs of goods, services, shelter, travel, medical expenses, and a host of other consequential expenses.
As I ponder the sheer immensity of the portion of our collective incomes we pay and pay to state, local, and federal government, the thought of those that would pee and moan at the idea of a government leader, or political party that seeks to give we the people relief from the crushing weight of the taxation we are burdened with, I simply do not think they are clear as to whom the source of our loss of prosperity is owed.
The evil rich cannot come into our lives and strip as much income from us as our own governments can, and do. Nor would there be a problem with the wages we are paid if we were not paying close to half of it to government interests either. I don’t think those that blame evil corporations for wealth inequality realize, the individuals behind those evil corporations pay another 13% more in personal income taxes than we do on average, and the top 1% of income earners pay nearly half the total yearly income taxes collected. That means, the top 1% that get blamed for all things evil in our land pay more in taxes than the lower 90% combined! This is by our own government statistics.
***Another side note: if those nasty rich receive tax relief through loopholes, you can look no further than the same government we pay, and pay for supplying the loopholes by which the evil rich are able to use.
I have recounted all this simply to ask my left leaning friends why in the name of all things sacred, do they think more government, and more government involvement in our lives is the answer to the ills they perceive to be dogging us in these days? It would seem to me, if anyone cared to take a deeper look at what makes our lives cost more, the root is the cost of taxation, we all pass on to the next guy, an so on, and so on, until it lands in we the consumer’s laps to pick up the tab.
Do me a favor, and give it a think for even the tiniest of moment’s how the natural progression REALLY is, not what the media, or politicians tell you. Think for yourself, get informed…
Please. (With sugar on it…)