There Will Be No Income Taxes In The Digital Age
May 19, 2010
– Comments (6)
H&R Block cuts 400 jobs, shuts 400 stores
Right now, our government spends over twice the income taxes it receives. Government spending has ballooned and income tax receipts have cratered coincidently. Income taxes are no longer a viable source of revenues to sustain government in anywhere near its current form or foot print.
We are on track for a $2 trillion dollar governmental deficit in America. If we tripled the taxes income taxpaying Americans paid.....we still wouldn't bridge the gap as few would have any money to spend on goods and services.
There is absolutely no reason why a government worker should have access to credit and get a paycheck yet a private sector worker lose his or her job.......and right now there is simply not enough tax receipts to pay government workers.
Time to stop living in the past and the success and systems of our prior generations. We are entering a new age and in it there will be no income taxes......
What will the method of raising revenues for government without income taxes?....stay tuned.
You were told Alstrymous would be more positive than Alstry....welcome to the Digital Age where there will be no income taxes and IT WILL BE EXCITING.