Liberals And The Impact Of Their Tax Increases
By Gordon Bishop (12/30/06)
My family lives in the most taxed State in the nation - New Jersey.
It began in the mid-1960s when then Governor Richard J. Hughes, a liberal Democrat, imposed a sales tax on New Jersey consumers, a tax that has gone up over the years to 7 percent imposed by our latest governor, Jon Corzine.
New Jersey’s income tax was imposed on the working class by liberal Democrat Brendan Byrne in the mid-1970s.
After 50 years of liberalism, myself and more than four million working taxpayers are now burdened with the highest property taxes in the nation, the highest auto insurance and the highest per pupil cost.
Our state budget government has soared uncontrollably from $1 billion in 1970 to more than $31 billion today.
Our incomes have not inflated 31 times during those 37 years. We keep plodding along, struggling to keep up with inflation and excessive government taxes and regulations.
This is what liberalism has done to New Jersey, where the American Revolution was fought and won by our founding fathers. New Jersey is known as “The Crossroads of the American Revolution.”
Ironically, the revolution that gave birth to a new nation was a “Tax Revolt.” If our founders could come back to New Jersey and see their revolutionary state drowning in taxes, they wouldn’t understand. They couldn’t understand. For them, led by President Thomas Jefferson, who wrote the Declaration of Independent, couldn’t possibly understand what has happened since the federal income tax was imposed on America in 1913, and a state income tax some 200 years later.
This is liberalism has done to a colonial revolutionary state – a cancer that has now spread across all 50 states.
More taxes and spending and less and less for the average working taxpayer and voter is what America is all about today.
Look at the numbers: The impact of tax increases facing America’s taxpayers:
1. $2.4 Trillion: The overall tax increase faced by American families, seniors and businesses if President Bush’s successful economic tax cuts expire in three years.
2. $1,716: The average tax increase for 115 million Americans if President Bush’s tax cuts expire.
3. $2,034: The average tax increase that will hit 17 million seniors if Bush’s tax cuts expire.
4. 6.24 Million: The number of jobs that would be created over the next decade by
making Bush’s tax cuts permanent.
5. $69 Billion: The cost of reinstating the “Death” (Estate) tax.
6. $29 Billion: The amount spent in 2006 by the United States Congress on frivolous “pork” projects that use taxpayer funds to reward local special interests and pressure groups.
7. 44 Million: The number of married couples affected by the Marriage Penalty before it was reduced by President Bush. These families will be hit hard once again if the Marriage Penalty is reinstated.
8. $1,480: The average cost in 2000 for couples punished by the Marriage Penalty.
9. $108 Billion: The reduction in the federal deficit in 2005 thanks to economic growth sparked by the President and conservative foundations.
Liberals who will be in control of Congress by a slim margin in January 2007will make President Bush’s tax cuts their top tax-and-spend priority.
Americans, is this what you really want?
Is this what you voted for in the November elections?
Only you, the working taxpayers and voters, can stop this liberal stampede for more taxation in the coming years.
The numbers in “The Impact of Tax Increases” were provided by The Heritage Foundation, a conservative “think tank” based in Washington D.C. Their email address is: MyHeritage.org.
Join them in the second “American Revolution” before it’s too late to save a liberal rampaging attack on our national economic system. Only you, collectively, stop it.
Gordon Bishop
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