HOW MUCH IS TOO MUCH FOR EVERGREEN COLORADO REAL ESTATE TAXPAYERS
President Obama is running to and fro across the country to hawk his latest jobs stimulus bill telling the U.S. Taxpayers that he will pay for it by taxing the rich. The rich to the president are individuals and households filing jointly who earn over 250k a year. These hard working earners are already paying over 55% of their income in taxes but the president doesn’t think it is enough!
So how much is enough? Is 60%, 70%, 80% a good number? For every dollar taken out of your local community you lose 7X that figure, plus the compounded amount, every month from now on. You see, every dollar that is spent in our local market is circulated seven time each month. So you spend it at the grocer, and he pays local taxes, makes a profit, hires employees, and invests in his business, then spends the dollar for farm produce; the farmer pays local taxes, makes a profit, hires employees, and invests in his farm and spends the dollar at the gas station; the gas station owner pays local taxes, makes a profit, hires employees, and invests in his business and spends the dollar at the trucking company; and on it goes on average seven time a month (in a boom market it’s more that seven times per month), then each dollar is spent 7X the next month for a total of 14X, and again the next month for 21X. When you send the dollar to Washington, or Beijing, the local spending stops. All the local taxes stop; all the local profits stop; all the local hiring stops, all the investment stops; Washington or Beijing spending increases but the local economy suffers a loss. Today Washington and Beijing are booming and Main Street is suffering.
A farmer needs to take part of his harvest for seed to sow for the next harvest, the rancher and the dairy need calfs to replenish the herd, retailers must restock the shelves, and your local economy needs cash to keep healthy and keep growing. Government is a parasite that sucks the health and vitality out of your prosperity, it hurts commerce, it is barren land, a dry cow, a lost loser, clouds without rain, a job killer, a storm that bring destruction not the spring rains.
Oh when will we ever learn? When will common sense rule this nation again?
There are few places you can hide from this economic nightmare. If You want to invest for the future you need to understand the basic foundations that the system is built on. Please, give us a call and we will show you how to make money in these perilous times. We are MARK ENGLISH REAL ESTATE and are Your one stop shop for all Your EVERGREEN COLORADO REAL ESTATE and CONIFER COLORADO REAL ESTATE needs. We are also an EVERGREEN COLORADO CUSTOM HOME BUILDER. We know Real Estate, and land, and we know financing; we will work hard to prosper You. Contact us at 303-674-0148, Email us at markenglishrealestate@msn.com or visit us on the web at www.evergreencoloradoliving.com. Don’t forget to register for our FREE REAL ESTATE OR MORTGAGE BUYER INCENTIVES