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RichH wrote:
yes well, if you've been listening carefully to the current 'three stooges' running for US president .... and if all the healthcare BS is included. If you look to the fact the current US healthcare is running 16-18% of GNP, and if the 3 stooges get their way .... the average 'middle class' taxpayer @ 28% averaged income tax bite will soon be 'enjoying' 28% + 16% = 44% in income taxes. So we'll all need a bigger wheelbarrow .... just to pay the damn income taxes. Im looking to flee to another country. Snip You would probably find that in most other countries with lower income tax bands you would have higher, much higher, sales taxes or VAT. Gas, or petrol as we call it here in the UK, has just hit £1.25 a litre, of which our government takes around 76% in taxes. This affects the price of just about everything else in the shops, particularly food. This is the highest fuel tax rate in Europe, and possibly the world. As a retired middle-class citizen, my car mileage has dropped from around 10,000 miles a year to around 3500 miles in the past 5 years. I have a free bus pass which enables me to travel to any part of Scotland (where I live), but the services are not good, and once you get to some place, the last bus back home is always over-full (naturally), so you may be forced to stay overnight in a hotel costing up to £85 per night. As to the price of gold, if you have it in the form of jewellery, which most people have, the price you can get for it second-hand does reflect the price per ounce quoted on the world markets, so unless you a have been prudent enough to buy gold bars, which are marketable, but still carry a tariff when you sell 'em, it isn't that good an investment with the US dollar the way it is. Housing is still arguably the best safe investment we can make, particularly second homes, unless you are clever enough to invent an internet site which takes off and grows 10,000% in a few years, and sell it to Bill Gates. Our MP's enjoy not only inflation-proof and generous pensions for life, but also have "second-home" allowances for living in the capital, whilst maintaining their constituency homes. These allowances have just been made public under the Freedom of Imformation Act and are staggeringly generous. An MP can easily double or treble his/her already generous salary by claiming these "expenses" up to the maximum allowed. If you not an MP, but still working, and get a well-paid job in, say, London, you have to sell up and move to the capital, and most large companies have relocation packages, of which the best is about one quarter of what an MP can claim, and of course they can sell their free-mortgage second homes at the end of their term of office at staggering prices compared to what they "bought" them for! So don't look for another country, join the politicians, become a congressman or better still, a senator! Or sail off into the sunset and see how the rest of the world lives, or doesn't live! Dennis. |
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