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Saturday, February 16, 2008

Shocker: Not Many People Chose To Voluntarily Pay More Taxes

By Rob on February 16, 2008 at 06:54 am
6 Comments

When given the chance, citizens of Virginia decided not to give their state government more tax dollars even as the state faced budget shortfalls.

RICHMOND — State lawmakers can rule out Virginian’s offering up more of their hard-earned money to fix the $1.4 billion budget shortfall Gov. Tim Kaine announced this week.

At least that is what a peek at the so-called “Tax Me More Fund” suggests.

Since its inception in 2002, the fund has collected a total of $10,217.04.

The moral of the story?  Perhaps it is that while significant portions of any given state population here in America seems to support expanding government to include all sorts of new laws, regulations and services very few actually intend that expansion of government to be paid for out of their pockets.

The people want Social Security, free prescription drugs and universal health care.  But the people don’t necessarily want the exorbitant taxes and intrusive government regulations that go with them.

Which is probably why we hear so many proposals to fund such expansions of government with new taxes on the relatively small “rich” demographics who don’t have the voting numbers to fight back and aren’t exactly able to garner a lot of sympathy for their plight.

Comments

likwidshoe

Ask not for whom the tax bell tolls, it tolls for thee.

likwidshoe on February 16, 2008 at 08:13 am
iAMbs

You hit the nail right on the head, Rob.  It’s the now-prevalent entitlement mentality.

iAMbs on February 16, 2008 at 08:32 am
Avatar for halatbis

One would think that Buffett and Soros would toss in a few odd million just to show us that they really mean it when they say “we aren’t paying enough taxes”.  As they say.....don’t tax you, don’t tax me....tax that fellow behind the tree.

halatbis on February 16, 2008 at 09:24 am
Avatar for syn

Heh...the neo-Moderate meme:

Give me the good-feeling goodies, just don’t make me pay for it.

Next the Moderates will be joining the Socialist by imposing a Carbon Tax to solve all problems. 

Oh wait Moderate Manly McCain has already joined in that raindeer game.

Maybe one of those new-agey mercury brains can come up with a bright idea?

syn on February 16, 2008 at 10:03 am
Carrick

Warren Buffet “complained” when his tax rates were reduced by 3%....  You’d think he’d go ahead and pay the extra, since it bothers him so much, wouldn’t you?

Personally, I think he was just practicing good business sense on the matter (looking greedy wouldn’t do well for public relations for Berkshire-Hathaway), and certainly didn’t mind that less of his intelligently earned income was being confiscated by the government.

Carrick on February 16, 2008 at 10:43 am
Bat One

Obviously Warrren Buffett’s expertise as a guru of long term investing does NOT qualify him as any sort of expert on government fiscal or social policy.  In that regard, he comes across as just another liberal hypocrite.

“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on February 16, 2008 at 10:53 am
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