Just because 1 percent of Americans earn over 23 percent of the country's income and 20 percent of Americans earn over 50 percent of the country's income, why should they pay the bulk of taxes?
Just because 40 percent of Americans earn less than 12 percent of the country's income, why should they be exempt from income tax? What are these freeloaders doing to pull our country out of recession and support our wars? The 6.2% they pay for Social Security and the 1.45% they pay for Medicare is a drop in the bucket. Sales and excise taxes don't count because these losers can barely afford to buy anything that's taxed to begin with so their contributions are minimal. Why should they be getting a free ride with earned tax credits and the like on their roughly $4,000-$6,000-a-person income while the wealthiest Americans have to pay up to 35% of their earned income in taxes?
Sure the guys at the top get a lower rate for capital gains and exclusions for dividend income or their municipal bond holdings while the less fortunate have to pay taxes on their pathetic savings account interest, but hey, they're the ones who stimulate our economy - just ask any hedge fund manager or credit default swap trader.
Billionaire Warren Buffet claims he pays one third less tax on his last dollar of income than his secretary does on hers, but I can't figure out if he's bragging or complaining.
What's with this whole Social Security thing anyway? Any fund manager could do a better job managing that money than the federal government. Just ask the guys at Lehman, no I mean Merrill Lynch, no Goldman Sachs... oops, perhaps not the best examples. Kids should be supporting their parents anyway. That's how we used to do things. What's that, the kids can't find jobs and are swamped by education loan debt? Well, life is hard and then you die.
All those lazy out-of-work people are swamping our homeless shelters, soup kitchens and hospital emergency rooms. When are we going to stop giving the American poor a free ride and put them to work cleaning our roads and bridges and public restrooms for room and board? It's not slavery if your intentions are good.
Here's what I think...
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Whew! For a sec I thought you were morphing into a Republican. Then a comedian. With a little bit of pragmatism thrown in. (I wonder if we could ever emulate the WPA again. The stuff they built is still breathtaking). But what xactly you bin smokin'? Or is it just too much Steven Colbert?
ReplyDeletewhat about those drug dealers or prostitutes or dare I say illegal aliens? How are they paying their taxes? - just saying - I'd rather see a national sales tax than continueing to raise income taxes but then Obama will try to do both so what does it matter anyway - income taxes should be illegal! We work hard for our money.
ReplyDeleteRE: Drug dealers and prostitutes - are you knocking the last bastions of free enterprise left in this country?
ReplyDeletetrue true
ReplyDelete