What is Happening to Personal Responsibility?

[Dejan M]

LOL, of course I do not think it is free. It come from taxes from companies and people. And no, I do not have a problem with that. I have a bigger problem when the government starts putting OUR money into their friends pockets in large sums with "special deals". That is what goes on my nerves.

 

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[bflbob]

Here's the newest installment...

"Yep, there was a sign telling me not to go on with long hair, but they should have told me too." :bgh: :bgh: :bgh: :bgh:

http://www.cnn.com/video/#/video/us/2008/03/12/woman.scalped.by.gocart.ksl

 

[Runum]

I'm surprised she hasn't sued the track owner, her school, and her. The track owner for negligence. The school for not teaching reading and comprehension skills. Her parents for not teaching her common sense.:bgh:

 

[fanocks2003]

MJ -

I had the same thoughts on the subject, and if I were in your position (Able to earn my income no matter where I was, virtually, etc) -- I'd be looking strongly at countries to move to where the government would leave me alone, or atleast allow me some tax-free ways to keep investing my money so that I don't get raped each year.

40% is ridiculous, and too much for anyone to pay.

Nobody should have to pay a million dollars or more to the goverment each year -- that is just bordering on being criminal. Our fore-fathers would be rolling over in their graves right now if they knew about this....

Cheers,

- Hakrjak

As I see it, high taxes should not be necessary, but considering how many goverments spend money they don't have it seems like high taxes will be very necessary to restore national fiscal order. Unfortunately.

Though, as we all know, goverments does not seem to stop spending money they don't have so either way we look at it, taxes will need to creep higher and higher in the long run if the nations doing this, will not end up bankrupt. Unfortunately.

And for those discussing where the goverments get money to pay for health care etc. Simple:

Three main ways - tax, borrow (from the people or from abroad) and by printing it. That is how goverments make their magic happen. As I see it taxes is at least better than printing it (even though I am no tax lover) and/or borrowing it from abroad. And borrowing it from the people in the same country is better than borrowing it from abroad and/or priniting it.

In order for all the systems (health care etc) to work well, someone has to pay for it. Either the inhabitants in a certain country or investors from abroad (creditors). And when the creditors want their cash back, then the inhabitants will ultimately have to pay for it by either tax, lending to the goverment (bonds) or by taking a de-valuation of their currency (printing more money). Which way do you guys like best? I can honestly say: Taxes and/or borrow money from abroad cheaply and lend it out again more expensively abroad to reduce the tax bill everyone will have to pay each year.

 

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[fanocks2003]

As a sidekick: I just researched the swedish balance sheet. It seems like every swedish inhabitant is worth at least +19.600 SEK. Not bad. Our inflation for December 2008 was a record 0.9%.

I also saw that 20% of the swedish investments abroad was in USD. Most of it was invested in the European market (more or less 50% of it).

I think Sweden has done a good job during 2008. The inflation went from a high of 2% or something like that, down to 0.9% at the end of the year.

A proud swedish guy.

NOTE: 196 Billion SEK balance sheet divided on 10 Million inhabitants (a rough number because we have something like 9.6-9.8 Million inhabitants in Sweden. Young and old combined).