Taxation Without Representation: The Age of Manipulation Minnesota

Most of us are aware that our country was founded on the principal that we should not be taxed without representation. Events like the Boston Tea Party are part of our founding lore.

But, surely there is no cause for a celebration at present.

Here’s how you are being taxed without representation:
1. Inflation
2. Over-taxation
3. Overregulation
4. Political over-promising

Here’s why you are not being represented:
1. Politicians typically will do anything to get elected
2. Politicians are promising solutions that are impractical

Here’s what is not being articulated fully:
1. The basis for our middle east positioning and the war is to protect the flow of oil to our country
2. Yes, we also need protection from terrorists
3. We have tremendous domestic issues regarding social security, Medicare, health coverage and a deteriorating infrastructure.
4. We have exported jobs without putting in place programs that train workers to adapt to the changing environments and marketplaces.
5. We have lowered our standards by allowing banks and other institutions to rip off credit card holders, home borrowers, and auto buyers.
6. Advertisements and contracts are full of fine print that put consumers at a disadvantage.

There’s not enough to meet all the demands:
1. By some calculations, only 20% of our federal budget can be changed.
2. Politicians continue to promise what their constituencies want to hear rather than what they can really deliver.
3. There is not enough money to fulfill these various promises.

The age of manipulation:
1. The media is more focused on the contest rather than the reality of the promises
2. We are being manipulated into a dependency bailout mentality
3.We are given assurances, as if everyone can continue to feed off the government and not pay the piper in the form of a depreciating currency and an undermining of the American work ethic.

We need to return to our founding principles of guaranteeing equal opportunities not equal outcomes. We truly are being taxed without true representation.

http://www.askdestiny.com was founded by Gary Spirer. For more content and FREE eBooks from AskDestiny visit:www.askdestiny.com/blog

Numbers Talk

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George J. Fruehan,
Advisor to Management

George consults with senior management pouncing on issues such as:
• Making your accounting system a competitive weapon;
• Fire your least profitable customers and send them to the competition.
• Either set goals and chart your progress or “dream on”.
• Learn faster than competitors or play follow the leader.
• Help your bank to lend you more at better rates.
• Understanding what your CPA is trying to say.
• And he sticks around to implement what he prescribes!

George started out as a programmer doing costing studies for a large public university, and became manager of the group.
He was controller of the Premises division of Bank of America in the ‘70’s;
George consulted to large companies for six years as a senior manager for Price Waterhouse; and then spent ten years, as the Director of Consulting for Lautze & Lautze, CPAs working with family-owned and closely-held businesses, and private schools.

He has an MBA from UC Berkeley and has been certified as a Management Accountant.

He has been self-employed the last 9 years, and loves it. He has 3 grown daughters, and lives with his wife in El Cerrito.