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Under Obama: When will you start to make ANY profit?

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Bloviating Zeppelin: Under Obama: When will you start to make ANY profit?

Bloviating Zeppelin

(in-ep-toc'-ra-cy) - a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.

Saturday, July 14, 2012

Under Obama: When will you start to make ANY profit?

Why yes, that would be in your 7th month.

Right around now. Perhaps.

That means: you will have to work over 6 months in order to pay off your government and even begin to see any modicum of profit.

I'm sorry folks, but that is simply obscene.

From CNSNews.com:

(CNSNews.com) – This year, Americans have to work until July 15 to pay for the burden of government, more than six months.

In a new report, Americans for Tax Reform (ATR) has calculated that Americans will spend a total of 197 days toiling to pay for the cost of government.

"Cost of Government Day is the date of the calendar year on which the average American worker has earned enough gross income to pay off his or her share of the spending and regulatory burden imposed by government at the federal, state and local levels," reads the report.

The report, Cost of Government Day, shows that Americans will work 88 days to pay for federal spending; 40 days for state and local spending; and 69 days for total regulatory costs.

"From a different perspective, the cost of government makes up 54.0 percent of annual gross domestic product (GDP)," reads the report. "What's more, the largest tax hike in the nation's history is scheduled to take place at the end of 2012 unless Congress acts to protect taxpayers. If this tax increase is allowed to hit, COGD [Cost of Government Day] could permanently be pushed back into August and beyond."

Yes, that's correct.

You're taking, as the American Taxpayer, over 7 months to even begin to migrate from the red into the black.

Look around you. Realize that the Non-Producers are demanding you work longer, harder and more diligently and consistently. Despite your own personal budgetary trials and tribulations. And despite governments on every angle leveling devastating rules, regulations and tariffs on ever-burgeoning aspects of your life.

Government intrusion predominates. Freedoms wither and die. Regulations and taxes run amok.

To the American Taxpayer: just how much will you take?

BZ

P.S.
To American blacks who voted racist:



How's that mortgage coming? How are those car payments going?

Not so well, I might suspect.

And this is for whom you're paying:



Harder work and more of it. She needs an iPad, a 4G phone and a 54" flatscreen to complement her 2004 Lexus.

Stop reading this and get back to work you lazy bastards.

8 Comments:

Blogger ∞ ≠ ø said...

.460

Sat Jul 14, 10:56:00 AM PDT  
Blogger TexasFred said...

I'm blogging just as hard as I can...

You know what MY biggest battle is? My private one? Medicare.

I am seriously diabetic and Medicare pays partly for my test strips, well, they WERE.

Now they have decided that I must have a written log showing time, date, reading, drugs administered before AND after each meal and at bed time..

OK, no big deal really, right?

I have a test meter that can be plugged in and downloaded, ALL readings, dates and times... They don't want that...

It's too simple to do the simple thing I guess..

Sat Jul 14, 12:39:00 PM PDT  
Blogger Old NFO said...

Damn... I was pissed when MAY was the end of working for the man...

Sat Jul 14, 03:01:00 PM PDT  
Blogger Well Seasoned Fool said...

That is why I work for cash. If that is ok for the illegals, damn sure ok for the native born.

My last expensive car repair was bartered. No sales tax for me and no record of income for him.

Interesting take on the subject over at PJ Media.

http://pjmedia.com/rogerkimball/2012/07/12/battling-the-amoeba/

Sat Jul 14, 05:48:00 PM PDT  
Blogger Bloviating Zeppelin said...

∞ ≠ ø : or thereabouts.

TF: you sure are. You're kicking out posts at a prodigious rate. But don't worry, Fred, the federal government will have you RFID chipped in no time.

NFO: not no mo'.

WSF: GOOD for you!

BZ

Sat Jul 14, 06:29:00 PM PDT  
Blogger Always On Watch said...

As one who is self-employed, this information pisses me off royally.

BTW, if one doesn't report cash income, be careful how you spend it. Everything is tracked now!

Sun Jul 15, 05:03:00 AM PDT  
Blogger Liberalmann said...

Man BZ, you are a fear merchant and sleaze bag.

Sun Jul 15, 05:57:00 PM PDT  
Blogger Bloviating Zeppelin said...

Teutonic LiberalMANN:

I allowed your comment in this time because it didn't contain F or S words.

So that those who read me can see that I am a "sleazebag" because I dare to write the truth.

Something NOT written in the DEM/MSM.

Or not covered by Joy Behar or Oprah or the LA Times or any number of Leftist sites.

So I guess I AM a "fear merchant" because I dare to expose the truth.

Guilty.

But, on the other hand, if I ever create another blog, I REALLY like your suggestion: FEAR MERCHANT.

Kudos to you, ma'am, for that suggestion!

BZ

Sun Jul 15, 07:23:00 PM PDT  

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