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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 a regular contributor to The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.

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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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