Thursday, February 26, 2009

Toby Harnded, US editor for the UK Telegraph, has been doing a little math for we over here in the US on the tax burden that is coming down on the heads of US citizens that actually pay taxes...

$25,573.48 - WHAT OBAMA'S BUDGET WILL COST EACH TAXPAYER
Posted By: Toby Harnden, US Editor for the Telegraph UK, Feb 26, 2009

So how much will President Barack Obama's budget cost us? The projected 2010 budget of $3.552 trillion can be found on page 114 of the "New Era of Responsibility" budget here.

The US Census bureau estimates that the current US population is 304,059,724. Dividing the $3.552 trillion by that gives us close to the $11,833 that Drudge came up with. ABC's Jake Tapper reports that there will be $989 billion in new taxes over the next decade.

I'm an American taxpayer and the starkest figure is what this could cost me. The latest figure I could find for the number of US taxpayers is 138,893,908 returns in 2007 here. By my reckoning, that's $25,573.48 each.

telegraph UK

So... it takes a British publication to tell we Americans what the Bailout/Pigulous Entitlement Package is going to actually cost each American tax payer that actually pays taxes?

I said this some time ago, and am even more convinced that we need a new amendment to our constitution that stipulates that only Americans who actually pay taxes have the right to vote.

Just present your IRS tax return adorned with an official raised IRS Seal stamped to the document at the voting polls, with proof of American citizenship of course, and... presto... you get a ballot!

We would therefore place all entitlements under the gracious care of actual tax payers vs political condescension and scorn for those who actually work for a living.

That would go a long way to actually Reinventing the American Dream.

xtnyoda, shalomed

1 Comments:

Blogger jhthompson said...

I am truly confused about how many "bailout" packages that are proposed right now or in the works, it is frustrating.

8:16 PM  

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