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As we have talked about previously on the Charles Carroll Society here and here one of the reasons to Flee to the Fields or create and run a modern homestead is not only for preparedness, not only to politically move from Deep Blue secular states with super majorities of liberal, progressive Union dominated government, but also economical.  By working more for yourself,  you can legally reduce your tax signature.  If you own your homestead, you will be asset rich, but cash poor.  You will own your own shelter, grow your own food and hopefully also own your own water and energy.   Less cash income (pay check), less to be taxed, but you still have something to pass on to your children and if you use Trust law, then you can minimize how much you will be exposed to the Death Tax.  Remember build your homestead in a low property tax states which is still set by the local state (so far).  Thus the recommendation of the American Redoubt states.

Here is Howard Dean admitting the liberal truth.  There is not enough money for families earning more than $250,000 to “do what the Progressives want.”  They need “everyone to pay more taxes,” everyone, and that includes you!

Anyway, there is now all type of activity on tax Armageddon, or taxmegeddon.  We warned that a progressive government’s only solution is “tax a bit more, just a little bit more and everything will be OK.”  This is their mantra.

The question to liberty-minded patriots who pay taxes, is how much?  How much will be taken from you before you Go Galt?  Now these scholars are warning that if Obama-mama of the Nanny state gets his way and “goes over the fiscal cliff” in January 2013, but gets to blame it on the Police-state party high earners in several Deep Blue states will have an effective tax rate of over 50%.  50% of your wealth stolen by the government under the 16th Amendment which sets no limits on how much they can take.  So … how far does it go before you go Galt, 50%, 60%, 70%? Put that number in your mind, and hold to it, because we will get there!  Remember you can cook most people if you just raise the tax rates slowly.  They will sit right there and continue to pay.

High-income Californians may pay nation’s highest tax rate

Thanks to passage of Proposition 30 last month, high-income Californians would pay the nation’s highest marginal income tax rates — nearly 52 percent — if President Barack Obama and Congress fail to make a deal to avoid the so-called “fiscal cliff,” according to a new study.

Without a fiscal cliff deal to the contrary, the Bush era tax cuts on high-income taxpayers would expire next year and rates would return to their previous levels.

Gerald Prante, an economics professor at Lynchburg College in Virginia, and Austin John, a Lynchburg economics student, calculated marginal tax rates — the highest rates on the highest levels of income — for all 50 states. They combined state, federal and, where applicable, local income taxes, plus payroll taxes for Social Security and Medicare and included the deductibility of some taxes.

Proposition 30 added three percentage points to the marginal state income tax rate for California’s highest-income taxpayers, bringing it to 13.3 percent. That action raised California over other high-tax jurisdictions to a marginal rate of 51.9 percent, slightly higher than New York City’s level. Hawaii was the only other place with a calculated rate above 50 percent. Read more here:

And another article saying the same thing.

Proposition 30 added three percentage points to the marginal state income tax rate for California’s highest-income taxpayers, bringing it to 13.3 percent. That action raised California over other high-tax jurisdictions to a marginal rate of 51.9 percent, slightly higher than New York City’s level. Hawaii was the only other place with a calculated rate above 50 percent.  Read more here:

How much will they take from you, before you go Galt and join the Redoubt movement?  See your future, know your fate.