Who knows how are tax money is genera...

Who knows how are tax money is generated ?

Posted in the Utica Forum

Level 4

Since: Feb 11

Location hidden

#1 Dec 10, 2012
I ask this question because I don't believe most people have ever sat and pondered this. People seem to be absolutely fiscally illiterate.
Also name a business the federal government has created that was successful and exported or produced a product that helped our economy.
Iluvobama

Utica, NY

#2 Dec 10, 2012
Obama makes the tax money. He go to his back yard and pick the tax dollars from the tax money tree and then he send it out to the poor. Obama is like a God.

Federal government started this business called welfare where they take in a dollar and send out a nickle to the poor people.
dustyroads wrote:
I ask this question because I don't believe most people have ever sat and pondered this. People seem to be absolutely fiscally illiterate.
Also name a business the federal government has created that was successful and exported or produced a product that helped our economy.
Duke

Herkimer, NY

#3 Dec 10, 2012
dustyroads wrote:
I ask this question because I don't believe most people have ever sat and pondered this. People seem to be absolutely fiscally illiterate.
Also name a business the federal government has created that was successful and exported or produced a product that helped our economy.
NASA
Truth

Herkimer, NY

#4 Dec 10, 2012
All tax money is rooted in and comes from private sector business.
All tax money paid by anyone who works in the public sector (ie teachers and public safety) comes from taxes that others have paid. It's a circular flow. No revenue enters the circle except the tax revenue collected from the private sector.

The easiest way to understand this is to ask yourself two questions:
1) Can the public sector survive without the private sector?
2) Can the private sector survive without the public sector?
Level 4

Since: Feb 11

Location hidden

#5 Dec 10, 2012
Truth wrote:
All tax money is rooted in and comes from private sector business.
All tax money paid by anyone who works in the public sector (ie teachers and public safety) comes from taxes that others have paid. It's a circular flow. No revenue enters the circle except the tax revenue collected from the private sector.
The easiest way to understand this is to ask yourself two questions:
1) Can the public sector survive without the private sector?
2) Can the private sector survive without the public sector?
Very good!
Level 4

Since: Feb 11

Location hidden

#6 Dec 10, 2012
Duke wrote:
<quoted text>
NASA
Not cost effective. Beside Obama is shutting it down. NASA is one of the best innovators ever!
Plusone

Brooklyn, NY

#7 Dec 10, 2012
I wonder why the Libs. have so much disdain for the free market and capitalism when it is paying there salaries and funding there welfare? I realize we need tax reform we can tax the rich to 90% and that won't solve our problem. If you strangle people with high taxes what incentive is there to produce.
i dont know

Utica, NY

#8 Dec 11, 2012
how?

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Utica Discussions

Title Updated Last By Comments
county coordinator position wasted taxpayers money 5 min I wish 11
How creepy is Joe Biden 5 min yeah ok 4
Transparency on Hospital Proposal 16 min Tell The Truth 7
wktv 19 min Yup 1
What Would You Tell Jesus If You Had a 5 Minute... 21 min Sap 17
Hair Flipper 30 min Weird Al Yankovic 1
Be careful of puto drug snitch Rocco Derollo 31 min Papi G 3
Craigslist Personals Replacement 2 hr Lakewood 62
Old School Bar/Restaurant Culver Ave 5 hr Linda G 14
Kraft Hockeyville NHL exhibition game at the Aud ? 7 hr Reggie Dunlop 27
New Greek restaurant on Genesee 18 hr Great New Restaurant 34
Esche canned zilch 18 hr Please hire this guy 52

Utica Jobs

Personal Finance

Utica Mortgages