Here's your regular reminder that taxation is theft, the government wastes trillions of dollars a year, and YOU are suffering because of it.
That's right. Uncle Sam takes more of your money than you spend on food and clothing.
You know, the basics for survival.
From CNS News:
During 2021, according to Table R-1 in the BLS' Consumer Expenditure Survey, American "consumer units" spent an average of $15,495.28 on food, clothing and health care combined, while paying an average of $16,729.73 in total taxes to federal, state and local governments.
This is absolutely ridiculous.
Especially as we are now in a recession and Americans are living paycheck-to-paycheck and taking on debt to buy food.
How can the government justify taking SO MUCH of your money and giving you so little in return?
Swamp's gonna Swamp.
"A consumer unit," the BLS says in the glossary for its Consumer Expenditure Survey, "comprises either (1) all members of a particular household who are related by blood, marriage, adoption or other legal arrangements; (2) persons living alone or sharing a household with others or living as a roomer in a private home or lodging house or in a permanent living quarters in a hotel or motel, but who is financially independent; or (3) two or more person living together who use their income to make joint expenditure decisions."
On average in 2021, American consumer units spent $8,289.28 on food; $1,754.39 on clothing (apparel and apparel-related services); and $5,451.61 on health care.
That equaled a combined $15,495.28.
At that same time, American consumer units were paying an average $16,729.73 in net total taxes.
These included $8,561.46 in federal income taxes; $5,565.45 in Social Security taxes; $2,564.14 in state and local income taxes; $2,475.18 in property taxes; $105.21 in other taxes — minus an average of $2,541.71 in stimulus payments received back from the government.
Half of that money is going to DC to pay for things like proxy wars in Ukraine and green-energy initiatives that are only making your life worse.
What a terrible monstrosity the federal government has become.
The good news is that in 2022, with inflation and supply chain issues, you may spend more on food than taxes...
P.S. Now check out our latest video: "Highlights from Biden's speech last night" 👇