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The Association of Mature American Citizens (AMAC) is here to protect your interests, and to offer an alternative perspective on how to best solve the problems seniors face today. We need you. America needs you.
It’s evil. That I am financially successful does not justify the theft of my assets by either individuals or government.
Total insanity.
A poor man never gave me a job.
It may feel good for some lawmakers and candidates to bash wealth accumulation and threaten to use taxes to punish the very rich. It may also give them a warm and fuzzy feeling to call for more spending as a means of reducing inequality. While both of these approaches are directly antithetical in achieving the desired outcome, calling for such policies simply exposes economic ignorance. Secondly, most these hypocrites clamoring for this nonsense, are extremely wealthy themselves.
One example is the proposed billionaire wealth tax ballot initiative, whereby California would institute a one-time tax of 5% on the state’s estimated 255 billionaires. But once the 200 billionaires have decided they won’t be bilked and choose to flee instead, everyone remaining gets to be the billionaire, according to a sneaky rider buried deep in the bill, and they will be taxed accordingly.
On page twenty-six of this ludicrous bill, it explains how the government can convert to an Everyone Tax without voter approval. They can also adjust the tax to become a yearly tax, not just one time…again, without voter approval.
Here’s how the tax would work: As a voter, you’re being asked to approve a tax that would require you to:
1. List all your assets and the assign a value of each, then submit them to the California Franchise Tax Board.
2. Allow tax board to appraise your assets and verify the value of each.
3. Authorize the tax board to subpoena your financial records from all of your financial institutions for auditing.
4. Pay a penalty of up to forty percent of your tax bill if the board determines your reported value was too low in their opinion.
The architects of this plan believed they’d raise around $100 billion. Instead, they’re discovering that when the wealthy leave, the middle class inherits the entire tax burden. Chase away the golden geese, and they simply fly to low-tax states.
The pattern is timeless because the wealthy aren’t permanent ATM’s — they’re mobile capital. When taxes become punitive, they relocate, defer income, or simply create less wealth. Revenue falls, jobs disappear, and the middle class is left holding the bag. Politicians love chanting, “Tax the rich!” because it sounds good on the campaign trail, but the wealthy vote with their feet.
This absurdity should scare all of us greatly. It demands that we must vote in upcoming primaries, and the general election. (Refer to my article on Substack titled, “Vet! Vote! – Or Witness the Demise of America!”)
“How terrible it will be for those who make unfair laws, and those who write laws that make life hard for people.” Isaiah 10:1
Government does not need more revenue. They are addicted to “spending other people’s money.” And what makes it worse is that they will find a way to enrich themselves and their friends rather than helping the truly needy. I say government should cut taxes.
Great idea someone brought up.
All politicians (city, county, state, federal) that vote on taxes should personally be required to pay the highest rate they impose on others and business.
I guarantee they would stop the tax nonsense and allow more credits for companies to help build a larger tax base. Instead of constantly raising taxes.
IMO, we pay far too much in taxes, our money is obviously wasted. I would like to see every person pay taxes. I don’t care if their income is $1, or $!M,, a flat tax of 5% would give these gov. entities plenty of money. BUT, just might make them less inclined to steal the money, as they do now.
You have idiot politicians that marry their brother, dont understand their own taxes, deny any Somali fraud, and can’t comprehend simple Roman Numerals (calling WWII world war eleven).
Can’t make this sh*t up folks!
These are the type politicians that want free sh*t for life paid for by others. Thinking the government tit is a never ending ATM for them to steal and tell billionaires to refill.
Wealth envy of others sounds like another deadly sin.
Live your life and do good for yourself.
May Day F’ers really have no clue how they disrespect our country.
Its a Communist holiday and has been for decades. Since your great grandparents. Started as an American day for workers.
Turned COMPLETELY COMMUNIST.
U.S. now honors a holiday called Labor Day.
Simply look at protesters, bitching about America, while celebrating May Day.
THEY’RE ALL COMMUNISTS.
99% Don’t even know what they protest OR celebrate!
They are brainwashed idiots.
Probably paid protesters
States should look at wasteful spending 1st to get their budget under control instead of constantly taking more from the taxpayers.
Maybe the lawmakers should look to cut expenses and elimate fraud first!
I think there should be a flat tax rate for everyone no matter what income. With much less loopholes. Also think those that don’t pay taxes because they didn’t work being on welfare/disability should not get tax refunds.
Wealthy created jobs for you, me, our families, friends and others.
More taxes will decrease jobs.
As will A.I. Which businesses are starting to do.
Income tax was unconstitutional and no amendment has been added to legalize. Redistribution of wealth is ethically and morally wrong.
Flat tax. No loopholes.
High earners ALREADY pay the bulk of income taxes, and frankly the rhetoric of “tax the rich” and other Marxist slogans is overused. In reality, those who have earned more have typically invested in businesses that provide jobs for many, and products or services that the rest of us use every day. Frankly, We the People thrived under a government for nearly 150 years before the Communist/Progressive movement in the early 1900’s felt the need to tax anyone’s income–the government was funded through tariffs and other methods. The 16th Amendment started the decline of Liberty in this nation, and gave birth to the gargantuan federal government we see today–one that controls every aspect of our lives and which was NEVER intended to exist by the Founding Fathers. We need to REPEAL the 16th and 17th Amendments.
This is a socialist money grab that violates equal protection under the constitutio.
Let the millionaire lawmakers be first in line…then we’ll talk.
End the fraud waste and abuse, and there would be enough to go around. Also end foreign aid, nobody helps us…..
All taxes should be a flat tax. Just like sales taxes are flat. Everyone pays the same percentage based on income or expenses. According to the Declaration, “all men are created equal.” They should all be treated equally in every respect.
More Tariffs.
No income tax.
Success Breeds Success & by most if not all standards the gov is a financial disaster The average good housewife and mother is a far better money manager
How about eliminating waste, fraud and abuse first before the govt sticks their hands in taxpayers pockets.
America does not have a revenue problem, we have a spending problem! Truly, investigate government fraud and prosecute the perpetrators and stop the flow of illegal monies to these horrible thieves!!!
I’m retired but this is stupid. Get rid of welfare, food stamps and all the other freebies and people will have to go to work and pay their fair share of taxes. A select few shouldn’t be overtaxed to cover deadbeats who don’t want to work
Totally wrong headed thinking. Our capitalist system should reward success not penalize it.
It’s a good way to make rich people leave your State. That’s about it.
We STRONGLY OPPOSE simply because it’s robbery. If Farmer Jones has100 cows and labours hard enough to sustain the “wealth” that a herd of that size provides, and the surrounding farmers have fewer cows — regardless of their work loads, OR their work ethics — telling Farmer Jones to relinquish some of his cows ONLY because his neighbors have ‘less’ is nothing BUT robbery, a.k.a. SOCIALISM by the way. No human society has EVER flourished under socialism. So, NO, leave Farmer Jones alone to conduct his own business as he sees fit and keep/use/distribute his own ‘wealth’.
!!!!
the slippery slope of Communism begins here. Aside from the fact that selective punitive taxes designed to apply to one group of citizens is unconstitutional, it is un American. America was not built to punish the ones that produce. As California and New York have already seen, money goes where it’s safe. Detroit would be a sterling example of this as it was once the 6th largest city in the USA. Now it’s reduced to a wasteland of former production. The businesses and people with money fled, and took the jobs with them. Eventually you run out of other people’s money.
Taxes isn’t the issue , corruption and wasteful spending is! What we need is a full forensic accounting of all politicians and gov agencies.
What’s funny is that the elected State legislatures, which add nothing to the success of the State, and only complicate the lives of entrepreneurs and investors, and in most cases make decisions forcing those with money away.
Many years ago I realized a painful truth – The rich are in most cases smarter than I am, and are willing to work harder than I did. Once I had that epiphany I lost that green envy that drives the “rich don’t pay enough”.
Always remember if you are like me – “I never got a job and paycheck from a poor person.”
How ’bout removing the loopholes and tax bennies that politicians write for themselves and their cronies? And then, the pols can stop stealing MY money to fund their boondoggling. Public servants my ash. There’s plenty of revenue, just poor management: look at Social Security. It’s criminal how that is abused. Umm, let’s invest it the way it was supposed to be done. Better yet, make all of congress contribute to it. No stinkin’ fed pension for them!!!
I agree that there should be a federal tax on all purchases this way the free loaders will have to also pay their fare share. Let us not forget that our National debt is close tp 38 trillion dollars and the tax payer didn’t cause this it was the Politicians. The National Debt was doubled during Obama’s eight years in office. If the Politicians were in the private sector they all would be fired do to being Totally Incompetent!
Flat tax. Everyone pays the same rate. No loopholes.
It is nothing more than theft. It is a policy that is based on envy. It penalizes the most productive members of society. It will only produce more poverty.
All taxes should be a flat tax. Anyone who is eligible to vote should be paying at least some tax. I believe that it is fundamentally wrong to allow people to vote for representatives who are going to decide how taxes are spent when they don’t pay taxes.
Taxation is theft. The “wealthy” do not have enough money to offset the fraud that exists in “public assistance” programs. A recent report showed that there are people receiving SNAP benefits who are driving luxury cars. That kind of nonsense is the problem and is the root of the problem. Eliminate every government program and start over. Just be smart about it this time.
Yeah, sure, let’s punish success! That always works.
There isn’t any issue that burns my butt more than this one. Isn’t this the one that got Robin Hood started? And they try to tell us “no kings.” I need stronger blood pressure medication.
Before ANY taxes are collected or increased, the fraud, money laundering and theft need to be rooted out and perpetrators brought to justice. Then a new budget based on truth fiscal responsibility can be entertained.
World War Eleven??
Was it over when the Germans bombed Pearl Harbor??
That’s your Dem politicians today
The problem is not the amount of tax dollars coming into state coffers, but the profligate spending done by the politicians who never found a vote-buying cause they didn’t like. California and Minnesota come to mind as we hear nearly daily about the absolute fraud in their “social programs, costing billions in tax dollars.” Has anyone been tried and convicted and required to pay restitution? Didn’t think so.
How about we fix/stop the fraud. We’ll have plenty then
High taxes on people who start and own businesses is a sure way to cause unemployment and poverty. States that do this will lose their tax base altogether. Dum dems.
Sleight of hand! It’s not “we need more”, it’s “the spending”.
If legislators vote for higher tax rates for some people and not others, they should always pay their own taxes at the highest tax rate that they pass. That should have been in Article 1.
Or maybe the more democrats you vote for puts you in a higher tax bracket and if more republicans, a lower bracket, regardless of who wins the election.
I think the Bible says somewhere that the wealthy should not pay more in taxes than the poor.
States should focus on cutting wasteful spending first. After that is accomplished the States should work on reducing tax burdens on the job producers and seniors. Stop fraud first! Tax producers less!
How about we start somewhere short of the middle and simplify the tax code. Fix the waste, fraud and abuse in government outlays and tax us as a people in a way that pays for infrastructure, defense and necessary programs only, all while building a rainy day fund. Balancing the overspent budget on the backs of success is not the way.
Income tax and property tax are evil. Get rid of both. Of course the government never considers reducing spending, so both taxes could be replaced by a nation sales tax, the Fair Tax, which taxes consumption instead of achieving the American Dream.
The discussion is driven by politicians arguing over where to get more tax payer money. To the extent that services provided should be evening distributed the tax rate should be fixed with a relief point for low earners. Taxing high earners at a higher rate to “reduce inequities” is a socialist dream.
The discussion must be about reducing spending. The social programs taken on by government are filed with fraud, waste, and abuse. Clearly not an area that government has any legitimate claim to. Help that is required should come from the government most local to the need and by charitable entities so disposed. Government can help by improving the conditions for job makers to create jobs. Our country is about opportunity and nurturing those who wish to move forward. We see now that politicians merely use social programs for votes resulting in importing aliens in their pay for play programs.
“FLAT TAX” and a “Low-Flat-Tax” at that! I’m for politicians getting less and WeThePeople getting what we voted for!