- Sun Apr 20, 2014 5:59 am
#39707
Sillydaddy...who is really taking your dollar?
1. Corporations. Corporate stock is judged by pofitablility, increased sales each year, lack of debt or managible debt, and growth. Corporations often make their stock reports look good by raising prices each year (or more often.) Many corporations eschew raising prices by hitting their product with a shrink ray (offering less product for the same money and hoping consumers won't notice.) Corporate CEO salaries, stock options and benefit plans today are many times what they were in US history and these high salaries must be made up with increased prices to keep the stockholders happy. A favorite trick of corporate raiders is to load a company up with debt and then declare bankruptcy. The penion obligations are then placed on the government entity that governs pensions (meaning that you pay those pensions with your taxes.)
2. Politicians. If you really study politics you will find out that there is little difference in any of them. Conservatives often keep taxes low by decreasing state benefits, failing to repair the infrastructure, decreasing state employees and raising fees. The result is that many that need the benefits and have no money to pay for them out of pocket are forced into poverty or a reduced living standard or the infrastruture fails and causes accidents and kills citizens. Financial Voodoo is used by all politicians. In my state (Maryland) my Governor has "borrowed" the Highway Trust Fund, The Farm Preservation Fund and the Environmental Fund to balance the budget in place of raising taxes and the citizens don't even know what he has done. Politicians of both stripes have, for years, underfunded the pension plans to keep from raising taxes and are now saying that the funds ae too generous and must be cut. The pension that many have counted on for retirement are greaty decreased or might even be lost. Another trick of politicians is to run the government on the credit card hoping that the citizens won't notice when the bill comes due. The politician becomes the good guy because he didn't raise taxes during his reign.
3. Citizizens. We all demand that the government be there when any bump in the road of life happens. This costs money better known as taxes. We all demand a better life than our parents, better schools, better health, protection from the troubles that life has a habit of throwing at us, and all kinds of help to get to where we feel we should be.
I know that these are ramblings and that many ideas are a bit disjointed, but all of these things have an end result of decreasing the money we have in our pockets. I personally feel that one of the main causes of our problems is the loss of fami;y that we once had. Family used to be the safety net that we now expect government to be.