We The People USA

Citizens Dedicated To Preserving Our Constitutional Republic

Richard Gordon
  • Male
  • Fairview, OR
  • United States
Share on Facebook
Share on Facebook MySpace
  • Blog Posts
  • Discussions
  • Events
  • Groups
  • Photos
  • Photo Albums
  • Videos

Richard Gordon's Friends

  • Tom Niewulis

Gifts Received

Gift

Richard Gordon has not received any gifts yet

Give a Gift

 

Richard Gordon's Page

Profile Information

Comment Wall (1 comment)

You need to be a member of We The People USA to add comments!

Join We The People USA

At 5:30pm on December 15, 2009, Richard Gordon said…
The Silent Tax Revolt
“There is another, perhaps more serious restraint on the fiscal state. Once government take, especially if collected through taxes, exceeds a certain percentage of gross national product or gross personal income – the figure seems to be around 35-40* percent or so – a silent but highly effective “tax revolt” starts. People stop working; what is the point if the additional income is being taxed away: worse yet, people begin to cheat.”
-- Peter Drucker, The New Realities, 1989

*I personally think that’s way too high. Russia had a tremendous budget deficit while taxing its people 80-percent. They considered an approach that the Libertarians in the USA were advocating. Russia went with a 13% flat tax and within a year they witnessed the largest government intake they’d ever seen – a surplus budget – beyond their wildest dreams.
 
 
 

Badge

Loading…

© 2025   Created by WTPUSA.   Powered by

Badges  |  Report an Issue  |  Terms of Service