April is the month where Americans file their annual tax returns.
And it raises an important question: what are you really paying for?
What tangible benefits do you receive in exchange for your federal tax dollars in the “Land of the Free”?
You pay for a hopelessly unfunded Social Security program that’s nothing but a legalized Ponzi scheme.
Even by the corrupt government’s own numbers, Social Security has no chance of existing, at least in its present form, by the time 90 % of taxpayers reach the age of eligibility.
So you’ll pay for your entire working life into a program that won’t be there for you. I’d hardly call this a benefit.
The most costly budget item is entitlement spending (vote buying).
Aside from bankrupt entitlement programs like Social Security and Medicare, taxpayers also fund plenty of bombs and war.
Maybe being a major superpower requires a massive military budget. I won’t argue.
But I hope we can agree that it makes sense to spend funds wisely.
As it turns out, this isn’t happening. In 2013 the US Defense Department under Obama got caught blatantly cooking the books in order to conceal epic levels of fraud, waste, and incompetence to the tune of trillions of dollars.
This absurd level of waste is very much the case across all of government, whether it was the infamous $2 billion spent on the Obamacare website, or the $856,000 spent to train mountain lions to run on treadmills, or the $1 billion the military spent to destroy $16 billion worth of perfectly good ammunition, only to turn around and produce more.
After military spending, the next budget item is INTEREST on the DEBT.
According to the Treasury Department’s Bureau of Public Debt, last year the government spent over $400 billion on interest!
Again, this is hardly a benefit.
Of course, people always point to things like roads and think this is somehow a benefit of paying taxes.
Maybe so. But the Highway Trust Fund that is supposed to build and maintain the roads is flat broke, due to be insolvent in less than 60 days. And the roads where I live are in the worst shape in my 35 plus years of driving.
So much for the roads.
It’s also easy for some people to think that, if we all pitched in a bit more and paid more tax, these huge fiscal imbalances would be eliminated.
What total nonsense. The institution of government has an uninterrupted track record of wasting taxpayer funds.
If everyone paid more tax, they’d simply find creative ways to waste more money, and line more pockets.
Just look at the data: nearly every year the government’s tax revenue goes UP. And yet, so does federal spending!
If you look at the big picture, it’s clear that, at best, you are writing a check that goes into a fiscal black hole.
More realistically, your funds are being squandered on waste. It’s pathetic.
And this problem isn’t resolved by having everyone pay more.
If you really want to do something about it, the best method is to starve the beast.