How will we halt the growth of big government when a majority of citizens contribute less than they receive in benefits from the state?<\/p>\n
As Congressman Paul Ryan (R – Wisconsin) and others note<\/a>, when that “tipping point” is reached, it will incentivize voters to perpetually increase government spending and taxes, since “the rich” are the only ones paying for the largess.\u00a0 Unfortunately, we continue to approach that dangerous point in America.\u00a0 According to the Tax Policy Center, an astonishing 47% of Americans owed the federal government no income taxes<\/a> in 2009.\u00a0 In other words, almost half of Americans are immune from actually paying income tax for the benefits everyone enjoys, such as national defense, education, police, fire and highways.\u00a0 Moreover, despite absurd claims that “the rich don’t pay their fair share,” the top 10% of income earners pay almost 75% of the nation’s income taxes.\u00a0 In contrast, the bottom 40% of income earners actually profit from the federal income tax, because they receive more dollars in tax credits than they otherwise owe.<\/p>\n Those on the left welcome this phenomenon, because it encourages voters to further enlarge the nanny state (as in, Nanny Pelosi state?).\u00a0 And why not?\u00a0 The suckers who actually work hard and increase their incomes will have to pay for it all, anyway.<\/p>\n","protected":false},"excerpt":{"rendered":" How will we halt the growth of big government when a majority of citizens contribute less than they receive in benefits from the state? As Congressman Paul Ryan (R – Wisconsin) and others note, when that “tipping point” is reached, it will incentivize voters to perpetually increase government spending and taxes, since “the rich” are […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[19,1078,111,24,1080,105,71,1079],"class_list":["post-4650","post","type-post","status-publish","format-standard","hentry","category-posts","tag-economy","tag-income-tax","tag-nancy-pelosi","tag-obama","tag-obamunism","tag-tax","tag-taxes","tag-tipping-point"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/4650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=4650"}],"version-history":[{"count":1,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/4650\/revisions"}],"predecessor-version":[{"id":4651,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/4650\/revisions\/4651"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=4650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=4650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=4650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}