Probably due to the absolute lack of financial literacy education in U.S. public schools, there's a persistent mistaken belief that taxing "the other guy" more means that they are the ones paying the higher tax bill, not the people voting for the tax (which is often why they go ahead and vote that way).
So your average person hears "raise taxes on corporations!" or property owners, or "the rich", etc., and they think, "yeah! Make THEM pay!"
They don't though. You do.
The cost gets passed on to you in the asking price of goods and services that you buy, and in reduced wages (or wages that grow at a slower rate).
The employee, uninvested consumer pays all taxes, period.
That's what makes memes like this one I found this morning funny: everything in it is just basic fact, but it's that so many people are ignorant to this reality that makes it funny:
--H.L. Mencken.
Showing posts with label leftism. Show all posts
Showing posts with label leftism. Show all posts
21 February 2021
The Employee Consumer Pays All Taxes
Labels:
business,
chad,
chad memes,
chadboss,
chadlord,
corporations,
fiat currency,
financial literacy,
inflation,
leftism,
leftists,
property tax,
Socialism,
Taxes
01 March 2019
My Blog Is Better Than Facebook
I spend a fair amount of my free time online. That's for constructive purposes and for entertainment purposes, with the bulk of that time going to entertainment (a lot of my constructive online stuff is on autopilot, so I don't have to spend much time with it all). For years a lot of that time went into Facebook.
To rephrase: a lot of that time went into enriching a bunch of openly hypocritical libtard pricks.
If you're using social media like Facebook, Instagram, etc., you're pretty much working for free building something extremely valuable. You, me, and everyone else around the world pushed Facebook's revenue to around $56 BILLION (USD) last year.
Long story short: they basically take your demographic info, displayed interests (group affiliations, clicks on links, interactions with others, etc.) and market that information. Advertisers pay a pretty penny for it because it's considered to be highly filtered, precise information that can be used to make efficient, high return advertising spends.
How much of that cash flow did you see?
Right, none. Me neither. And another long story short, I'm done enriching those left wing lunatic, anti-west, anti-tradition, pro-degeneracy, and openly anti-white racists any longer.
Their site makes them money and costs me my time and my dignity. My blog makes me money in exchange for my time; why spend any of my time for the benefit of those assholes at Facebook? I've decided then that content I create online should be that which can fill my pocket instead. So, here I am, dusting this blog off (again).
If you are going to use Facebook, take my advice: create a fictitious persona with as little demographic info provided (and none if it based on you). The data they sell to advertisers becomes complete trash if people on their network are all operating behind anonymous avatars...
To rephrase: a lot of that time went into enriching a bunch of openly hypocritical libtard pricks.
If you're using social media like Facebook, Instagram, etc., you're pretty much working for free building something extremely valuable. You, me, and everyone else around the world pushed Facebook's revenue to around $56 BILLION (USD) last year.
Long story short: they basically take your demographic info, displayed interests (group affiliations, clicks on links, interactions with others, etc.) and market that information. Advertisers pay a pretty penny for it because it's considered to be highly filtered, precise information that can be used to make efficient, high return advertising spends.
How much of that cash flow did you see?
Right, none. Me neither. And another long story short, I'm done enriching those left wing lunatic, anti-west, anti-tradition, pro-degeneracy, and openly anti-white racists any longer.
Their site makes them money and costs me my time and my dignity. My blog makes me money in exchange for my time; why spend any of my time for the benefit of those assholes at Facebook? I've decided then that content I create online should be that which can fill my pocket instead. So, here I am, dusting this blog off (again).
If you are going to use Facebook, take my advice: create a fictitious persona with as little demographic info provided (and none if it based on you). The data they sell to advertisers becomes complete trash if people on their network are all operating behind anonymous avatars...
Labels:
anti-white racism,
facebook,
leftism
19 November 2013
Denigrating Achievement
Thomas Sowel:
"The very word "achievement" has been replaced by the word "privilege" in many writings of our times. Individuals or groups that have achieved more than others are called "privileged" individuals or groups, who are to be resented rather than emulated.
The length to which this kind of thinking — or lack of thinking — can be carried was shown in a report on various ethnic groups in Toronto.
It said that people of Japanese ancestry in that city were the most "privileged" group there, because they had the highest average income.
What made this claim of "privilege" grotesque was a history of anti-Japanese discrimination in Canada, climaxed by people of Japanese ancestry being interned during World War II longer than Japanese-Americans.
If the concept of achievement threatens the prevailing ideology, the reality of achievement despite having obstacles to overcome is a deadly threat.
That is why the achievements of Asians in general — and of people like the young black man with no arms — make those on the left uneasy.
And why the achievements of people who created their own businesses have to be undermined by the president of the United States.
What would happen if Americans in general, or blacks in particular, started celebrating people like this armless young man, instead of trying to make heroes out of hoodlums?
Many of us would find that promising and inspiring. But it would be a political disaster for the left — which is why it is not likely to happen."
Labels:
achievement,
collectivism,
leftism,
privilege
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