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It’s Tough to Pay Taxes Without a Job

11/05/09 Stockholm, Sweden – The government’s poured trillions of dollars into rescuing the economy and there’s still not a new job in sight. The problem on the horizon is all too clear.

When the time comes for the US to refill its coffers there’s going to fewer workers to pass the hat around to… an unfortunate state of affairs.

HigherTaxesNoJobs

Author Image for Rocky Vega

Rocky Vega

Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let’s Go Publications, Harvard Student Agencies, and The Harvard Advocate.

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3 Responses

  1. Ron said

    The cartoon is true, not just in US. The alternatives on how the goverment covers their expenses perhaps by using fines. It is wierd that we have to park in the airport(s) because it is the law otherwise we can get fine 15,000$ minimum. It is a freewill everybody and which one do you want to choose. You always can choose not to get the fine. It seems establishing new laws impossing taxes and penalties are much easier than producing an employment opportunities. Then if we really do not have money to comply, well perhaps debt could be the wise solution. I have no idea how this world works now. Never vote stimulus, did not get the stimulus, but need to work hard so that with taxation, the wasted stimulus costs can be recovered. My bad.

    on November 5, 2009.
  2. juniper said

    Oh please, the government can confiscate any property you own to pay the taxes you owe.

    And, this includes the tent you’re currently living in down at the local tent city.

    Hell, they might even start charging rent for the space you take up under the interstate bridge.

    Eventually they’ll start charging for the oxygen you breath to stay alive, and tax you on the carbon dioxide you exhale.

    George Soros is singing the praises of the Red Chinese government. So watch out, we’ll soon be crowning the alien lizard-human hybrid king of the world and we’ll be able to call it Dear Leader, mmm mmm mmmmm!

    on November 5, 2009.
  3. Delonghi said

    “It seems establishing new laws impossing taxes and penalties are much easier than producing employment opportunities. ”

    More true words were never written…

    on November 8, 2009.

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