Jeff Neal for C.U.R.E. - Certain Unalienable Rights Endowment

More Lyin’ Ass Bitches (Ooops, I meant US Representatives and Senators)

In Opinion on December 24, 2011 at 2:07 pm

What is F.I.C.A.?

Would it be ‘Christian’ to boycott F.I.C.A.?

The circus act commonly known as the US Congress has revealed itself to be incompetent in administering even the most basic fiscal functions of the state.  In President Obama’s own words, “Has this place become so dysfunctional that even when we agree to things, we can’t do it?”  He asked, let’s answer!  “YES, so please give up!”

It’s time to boycott our government.  Let’s John Galt them.  We should stop sending ANY payroll tax to Washington, DC.  The National Federation of Independent Businesses and similar organizations should encourage their members to escrow their employees’ withholding for FICA – don’t give it to the employees, but don’t send it to the government either.

The messages to Congress and President Obama:

– If you’re going to spend $3.6 trillion per year regardless of what we send you, we’ll just keep this money for our employees;

– For as long as we hear lies about what is going on with our FICA money, we’re not sending any money to the liars; and

– Until you get your act together, we’ll hold in trust our employees’ money, invested safely and for the benefit of the people who earned it.

Why should we encourage NFIB and others to participate in a boycott of the FICA program?  How can we defend such a massive act of civil disobedience?  Wouldn’t that endanger seniors who depend on their Social Security checks for food and shelter?  Why should we pursue an agenda that the Occupy Wall Street crowd and Tea Party supporters, alike, will support?  Read on:

– If Social Security is a retirement insurance program, how can Congress randomly say “go ahead, pay a smaller premium for a few months”?  Doesn’t this new tax holiday reveal the truth – doesn’t it expose Social Security as a pyramid scheme, a transfer of funds that can’t continue as currently administered?  Doesn’t it show that Congress is lying to you about what they’re doing with your money?

– They call this tax holiday an economic stimulus – it amounts to $33 Billion over 2 months.  Hmmm.  That’s a whopping 0.220% of annual US GDP, the target of the stimulus.  It is also approximately 0.91671% of what the government will spend in the next twelve months.  Even if you’re a committed Keynesian economist (they should be committed!) don’t you have to wonder why 0.220% will matter.

– How does one make sense of stimulating something and simultaneously neutralizing the stimulus?  The same law enacts a surcharge on mortgages guaranteed by Fannie/Freddie.  That surcharge is meant to ‘pay for’ letting people stimulate the economy by spending more of their own money.  A succinct summary of Congress’s view of how economies work:  Stimulate with the left hand and suck the stimulus back out of the economy with the right hand!

– This act of Congress makes Social Security ‘premiums’ look exactly like any other tax collected by the government.  Congress just made up a new tax to substitute for the revenue lost due to the tax holiday – Say Abracadabra, good things abound, and the War on Poverty is over.  Mission Accomplished!

– For a bonus act of incompetence, in the same law, Congress extends unemployment benefits and implements the ‘doctor fix’ for Medicare.  Sort of random, yes?  A brightly-lit sign of dysfunction, yes?

– Most importantly, this is not a tax cut, it’s a tax deferral.  That’s what ALL so-called tax cuts are these days.  If there is no corresponding decrease in SPENDING, the expenditures are made with borrowed money which must be re-paid by a TAX that gets collected later . . . yes, from a different generation or an older pool of the same taxpayers, but it will be collected, trust me.  As Milton Friedman rather famously proclaimed “to spend is to tax.”  Exactly.

This great compromise being celebrated by the White House and Congressional Democrats merely allows a worker to keep a tiny fraction of the money he earned for a little while longer.  YEE HA!  PROGRESS.  NOW, LET THEM CONTROL MORE OF OUR LIVES, SEND THEM MORE MONEY!!  . . . . . Or, as Borat would say, NOT. (Clip Here)

I could go on (or have I already?) but you get the point.  Congress is not merely dysfunctional, they’re dishonest.  I think the NFIB (for example) should encourage its members to withhold their employees’ money.  Any suggestions on who else could join the boycott?  If you need moral support as you decide whether you would like to participate, I recommend that you consult your nearest mullah, minister or rabbi.  By completing IRS form 4361 members of the clergy (and Christian Science Practitioners) can exempt themselves from F.I.C.A.  Seriously.

Let’s do the godly thing and join them!

Let us pray.  No more F.I.C.A.  Amen.

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