CURRENT EUROPEAN TAX RATES:
France
Income Tax: 40% VAT: 19.6% TOTAL: 59.6%
Spain
Income Tax: 45% VAT: 16% TOTAL: 61%
Portugal
Income Tax: 42% VAT: 20% TOTAL: 62%
Income Tax: 40% VAT: 19.6% TOTAL: 59.6%
Spain
Income Tax: 45% VAT: 16% TOTAL: 61%
Portugal
Income Tax: 42% VAT: 20% TOTAL: 62%
Greece
Income Tax: 40% VAT: 25% TOTAL: 65%
Income Tax: 40% VAT: 25% TOTAL: 65%
United Kingdom
Income Tax: 50% VAT: 17.5% TOTAL: 67.5%
Income Tax: 50% VAT: 17.5% TOTAL: 67.5%
Netherlands
Income Tax: 52% VAT: 19% TOTAL: 71%
Finland
Income Tax: 53% VAT: 22% TOTAL: 75%
Income Tax: 53% VAT: 22% TOTAL: 75%
Norway
Income Tax: 54.3% VAT: 25% TOTAL: 79.3%
Sweden
Income Tax: 55% VAT: 25% TOTAL: 80%
Income Tax: 55% VAT: 25% TOTAL: 80%
Denmark
Income Tax: 58% VAT: 25% TOTAL: 83%
Income Tax: 58% VAT: 25% TOTAL: 83%
When we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe .
Thomas Jefferson
The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.
Thomas Jefferson
It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.
Thomas Jefferson
I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
Thomas Jefferson
My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson
No free man shall ever be debarred the use of arms.
Thomas Jefferson
The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.
Thomas Jefferson
The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
Thomas Jefferson
To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical.
Thomas Jefferson
Thomas Jefferson said in 1802:
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property - until their children wake-up homeless on the continent their fathers conquered.
If you've started to wonder what Thomas Jefferson knew about the real costs of socialism are going to be once the full program in these United States hits your wallet, reflect on the European Tax table. As you digest these mind-boggling figures, keep in mind that in spite of these astronomical tax rates, these countries are still not financing their social welfare programs exclusively from tax revenues! They are deeply mired in public debt of gargantuan proportions. Greece has reached the point where its debt is so huge it is in imminent danger of defaulting. That is the reason the European economic community has intervened to bail them out. If you’re following the financial news, you know Spain and Portugal are right behind Greece.
The United States is now heading right down the same path. The VAT tax in the table is the national sales tax that Europeans pay. Stay tuned because that is exactly what you can expect to see the administration proposing. The initial percentage in the United States isn’t going to be anywhere near the outrageous numbers you now see in Europe. Guess what…the current outrageous numbers in Europe didn’t start out as outrageous either. They started out as minuscule - right around the 1% or 2% where they will start out in the United States. Magically, however, they ran up over the years to where they are now. Expect the same thing here.
It is the very notion that with hard work and perseverance, anybody can get ahead economically here in the USA. Do you think that can ever happen with tax rates between 60% and 80%? Think again. With the government taking that percentage of your money, your life will be exactly like life in Europe. You will never be able to buy a home. You will never buy a car. You will never send your children to college. Let’s not shuffle the battle cry of the socialists under the rug either. It’s always the same cry. Equalize income. Spread the wealth to the poor (whoever they are). Level the economic playing field. Accomplish that and everything will be rosy. Simply put it has never worked and never will.
It’s time to take a really hard look at reality. Greece is a perfect example. Despite the socialism system that has ruled this country for decades, with a 65% tax rate, they are drowning in public debt, would have defaulted without hundreds of billions in bailout money from the EU, and still 20% of their population lives in poverty. What has all that socialism money bought, besides ultimate power for the politicians running the show? Do you think these people are 'free'? They're not. They are slaves to their economic 'system'.
Instead of spreading the wealth around, spread this info around. It might wake up some people.
