The legislature in ultra-liberal Maryland recently passed a $260 million tax increase.
It voted 77-60 in favor of a bill that will increase tax rates and lower the value of personal exemptions for single Maryland earners making more than $100,000 and couples making more than $150,000.
OK, so who has made Maryland such a liberal state in the first place?
Answer: Hundreds of thousands of Democrat-voting federal government bureaucrats and lawyers from Washington, DC who live in the suburbs in next-door Maryland and who make high salaries, easily over $100,000. These counties in Maryland are some of the richest per-capita counties in the nation. And these federal workers already make on average twice the salary of private-sector workers, according to recently published figures.
So it seems that Maryland is going to harm its own Democrats with higher taxes.
But not so fast. Because you can rest assured that the bureaucrats will soon be seeking federal pay raises like they get every year to account for the higher taxes in Maryland and for every other eventuality… like that trip to Europe or that new BMW that they want.
Foxnews.com recently reported:
A new in-depth database of federal worker salaries shows the government paid out a whopping $105 billion in salaries last year for most of its civilian workforce — to boot, the workers got $439 million in bonuses.
Oh, those poor, deprived federal workers! And now they are going to have to pay higher taxes in Maryland! Awwww….. Can we all shed a tear?
No. This tax increase will not affect them in the long run, rest assured.
The majority of Democrats, who control more than two-thirds of the Maryland chamber, favored the bills. They argued that the tax increases will help the state by providing more money for public education and health services.
“We’re doing things for the community,” said delegate Dereck Davis, a Democrat. “Those are the people that we’re trying to help with this budget.”
So you will see greedy hands out at both ends of the Democrat money pipe – on the taking end (more out-of-control spending for more handouts in the state of Maryland) and on the other taking end (federal government workers who are already getting high salaries and who will be getting their usual big raises to account for the tax increase).
Meanwhile the new socialist French president Francois Hollande is requiring a symbolic 30% pay cut for the president and some of his ministers.
This is just another shadow play from the socialistic left. Because it affects just a handful of French government functionaries at the top but does nothing to slow the avalanche of spending by the French government on hundreds of thousands of government employees and tens of millions of citizens and their bottomless programs.
Just as the Democrats in Maryland are never going to slow their spending but instead will ask for more in taxes. And some of those new Maryland tax revenues will come directly out of the pockets of federal taxpayers in all 50 states in the form of higher salaries for the overpaid federal government employees who work in Washington and live in Maryland.
This all shows that socialism is one giant, circular scam. It is all smoke and mirrors. Look at how the liberals in America decry “the rich”. Yet when a rich corporation like General Electric pays no taxes, libs say not a word. Why? Because GE CEO Jeffrey Immelt has been an Obama supporter and so his company pays no taxes and is not harassed by the IRS like a conservative company would be.
Now here is another story about wealth:
Ultra-liberal Democrat US senator Charles Schumer of New York has said that Facebook co-founder Eduardo Saverin should not attempt to dodge his taxes by renouncing his US citizenship. Schumer is proposing that the government go after Saverin with a special law.
In September 2011 Saverin relinquished his US citizenship to become a citizen of Singapore right before Facebook announced its planned initial public offering of stock.
Saverin was expected to earn billions on the offering and would benefit by becoming a permanent resident of Singapore, which has no capital gains taxes.
So Democrats like Schumer first impose endless taxes on everyone and then get mad when people react by leaving the United States.
Who can blame Saverin? Increasing numbers of people are seeing the United States not as the economic haven that it has been for more than 200 years but as a socialist purgatory that is taking more and more of their money. The largest number of people in recent history renounced their US citizenship in 2011 – more than 1,700. Most did it for tax purposes.
Meanwhile the state of California, which today is controlled by far-left Democrats in every single statewide office, has announced that the state budget shortfall has increased dramatically in the last six months, forcing state officials to plan more big spending cuts.
Far-left Democrat governor Jerry Brown said that California’s shortfall was now projected at $16 billion, which is… get this… up from $9.2 billion in January.
Woah, woah, woah!! Isn’t socialism supposed to create utopia??!! California has some of the highest taxes in America, the biggest welfare state, the most stringent ‘green’ laws anywhere in the US, every statewide office is controlled by a “caring” Democrat yet the situation is graver than ever.
Of course. Because socialism is a fraud from top to bottom. And California’s budget even had already accounted for the $2 billion that the state was expecting from new billionaire Mark Zuckerberg’s share in Facebook. Because Zuckerberg lives in California.
But now that $2 billion is going to be much less because Facebook bombed in the stock market. So the California deficit will be even bigger than $16 billion.
Thus as the old saying goes, “Socialism always fails because eventually you run out of other people’s money.”
Nothing could be more true…