Of Taxes and Rightness
That renowned Socialist, George Bernard Shaw, made a statement that is appropriate for our government’s approach as seen by a significant number of American (non) taxpayers, “The Government who robs Peter to pay Paul can always depend on the support of Paul.” Another statement that is very appropriate is from Winston Churchill, “Trying to borrow oneself into prosperity is like standing in a basket and trying to pick oneself up by the handle.” Another timely statement is that the fall of an economic/government/social system is ordained when the populace learns that they can vote themselves all sorts of entitlements that others have to pay for . . .
A good example of all these statements is the present tax system in the United States. More than half the households in this great country will pay no income taxes this year, while some of them will actually get tax credits, payment for paying no taxes. The top twenty percent of wage earners generate fifty-three percent of the income and pay ninety-one percent of the income taxes. The top one percent of earners pays thirty-six percent of those taxes. All the while, the bottom fifty percent of wage earners pay less than three percent of the taxes.
Shaw’s thesis is being proved as people who pay no tax will always vote for politicians who offer them entitlements and money. They’d be fools not to vote for people who are promising to enrich them without those voters having to pay for anything. The Socialist leaning politicians will promise anything to stay in office, then work to “redistribute” the wealth of our country, robbing from Peter to pay Paul with Paul’s undying support. This is not a one-party affliction, but pretty universal amongst politicians on both sides of the aisle. We have evolved into a government of the politicians instead of the people, as our founders envisioned.
There are better tax systems, but all are flawed in some way or another. Instead of tax reform, how about a spending reform instead? The tax system will work if our politicians aren’t spending every dollar they get their hands on through taxation or the printing press. The Congressional answer to nearly every problem is to throw a lot of money at it, as in the recent bailouts and acquisitions in the banking and automobile industries.
Spending reform is also very important for a business person in any time, but particularly in the current economic downturn. If a company is to survive, judicious use of their assets is very important. One way to maximize the return from financial assets is to better utilize personnel assets, usually the largest portion of any business budget. Many smart operators have found that by outsourcing some of the time consuming, but less productive tasks to specialists in outbound/inbound call centers, will free their staff to be more productive at revenue producing duties.
Sales lead generation and qualification by a telesales professional can aid in making sales people more efficient, thus more productive, as they can spend more time in face-to-face contact with their customers and prospects.