Incentive is the reason we do things. In our youth if we wanted to be successful in business we worked hard enough in school to be accepted in a good school and earn a degree. With that degree and some effort we were able to get a good job and work hard to get recognized as a potential leader and were promoted and advanced. The carrot and the stick works. The carrot is the possibility of promotion and advancement as well as job security. We want to live the good life and we want to make a better life for our children.
Incentive is the carrot in life. We want something good so we chase the carrot. Unfortunately with the carrot there is usually a stick.
When you have the job that provides job security and a good income and the potential for growth, you want to protect it and thrive in it. Poor performance or bad behavior on your part would place you in a bad position in your job and the incentive (the carrot) could become the stick. When your employer has to start talking to you about behavior or performance you loose the carrot. They hold a stick over your head and instead of trying to perform well and advance, you now start looking for ways to avoid getting hit with the stick.
When the stick gets too painful, you could make a decision about moving away from the stick, by finding a new job.
This is the same way that taxes affect us. We all like to work hard and thrive in our chosen profession. Most of us don’t mind the hard work, but we want to receive the rewards of our hard work. Success is a good thing, and hard work should be rewarded. If my job is to be a ditch digger and I have ten ditches to dig today, then at the end of the day I deserve the pay for digging ten ditches. I earned it and I deserve it. Now if I own a construction company and I hire 20 men to dig ditches and they all do a great job digging ditches and all of the other requirements of that construction company, then at the end I should earn a great deal of money.
Every one of the ditch diggers that I hired did a great job and they were all well paid for their work, plus they have job security, because my successes depends on them and I want them happy in their job. I treat them well and pay them for their work. Now at the end of every job I earn a profit and I make money. If I am lucky I make a lot of money. Good for me, I took the risks and I created the company and I earned the profits. I employ good people and I pay them the prevailing wage for the work they do.
As an honest businessman I report my income and I pay my taxes. I don’t want to pay my taxes, because that’s money I worked for and I earned. A modest bite from my wallet for the tax man is tolerable. A larger bite from my wallet is not tolerable.
I want to pay the best price for the quality of the supplies I use in my company because I want to give my customers that best product possible. I want to pay my employees the best wage for the job they do because I want them secure and happy. The incentive I have for paying for the best of everything is the success of my company. When my customers are happy, my sales are good and the entire company thrives. But when the tax man becomes greedy and wants more than they have to confiscate, then my incentive to thrive starts to look more like a stick.
Why work as hard if I can’t keep what I earn? When the bite of the tax man gets too big, I have to make a decision to adjust my practices. Working hard to earn less doesn’t make sense. Maybe I don’t do as many jobs as I did before. Maybe I do smaller easier jobs that cost less to do and earn less. Maybe I lay off a few employees because I don’t need as many to make money that I have to lose to the tax man.
I could move to a place that doesn’t tax man as much. Greedy elected idiots expect those who make money to stand there and take it. They expect the successful to stand there and allow their pockets to be picked for the tax man to decide how much of their money should be misspent. That stick becomes a carrot. When I feel the pain from the stick that you’re hitting me with I have an incentive or a carrot to cause me to make changes in my life. Rather than work hard to let you confiscate more of my money, I will stop making money, and that will cause others to stop making money.
I accept fewer jobs and use fewer ditch diggers. Ditch diggers are not making money and they are not paying taxes. I don’t do anything so my suppliers don’t get income from me and they have less to earn for them to pay the tax man. And I’m not alone; many businesses are doing the same. Work less, make less and have less confiscated. My incentive here is too keep more of what I earn. I was smart enough to be successful in business; there fore I’m smart enough to minimize the bite the tax man takes from my wallet.
There is no reason for me to work hard to support the elected idiot’s bad habits.
When I work hard I want the benefits of my hard work to go to myself and my family, not the government. I’ll pay my fair share but, I won’t work for the excesses of elected fools.
Vote the Bums Out,