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David Thompson
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July 13, 2012



This good –from the ASI comments:

Let's see.
Say I pay myself, from my business, 250,000.
Tax: 103,126
NI: 8337
Employer's NI: 33,466
State takes: 144,929
I am left with: 138,536
From every pound I earn the state takes 51p. Then there's VAT, council tax, TV tax, road tax, fuel duty, stamp duty. Then from whatever is left the state will take again a huge share when I die.
Tax freedom day? Sounds like the next day after I die.


'In the 1960s, there were 18 workers per Medicaid recipient. Today that number is 2.5. There are just 1.2 private sector workers per 1 person on welfare or working for government.'


Adding to the fun is that Obama has now gutted the work requirement for welfare!


Sad to say, Jeff prolly doesn't get the reference in the title.

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