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OK....I have decided it is time for a good, old fashioned rant.
For the past several weeks, we have been hearing non-stop about renewal of the Bush tax cuts, and how evil Republicans are for wanting ALL of them extended. The Liberals are pounding their breast in mock pain at the thought of anyone in this country keeping any more of their own money than absolutly neccessary. The cries can be heard on CNN and MSNBC "You can afford to give more" and "Nobody needs that much money" and so forth, while some very simple truths are being omitted.
First off, the majority of these people are NOT rich. $250k is a nice salary, however in states like California and New York it places you somewhere in the middle class. In fact the people in the $250-$400 range are really the losers in this game. Why? Because while their salaries may seem high, they are not high enough to afford or justify the type of tax evading planning that say millionaire's and billionaires enjoy. Additionally, there are far more Americans in this income range than say, over $1 million a year. But that is just a collateral argument. The real "bones' of the argument amount to this; They earned this money due to hard work. The Government is NOT entitled to this money in any way shape or form. Let me say this again....The government IS NOT ENTITLED TO THIS money. Can anyone tell me where in the Constitution or founding documents it states that people should be punished for doing well? Or for that matter, where one person's money is valued higher than anothers? Heck 90% of our taxation is not even constitutional. Really, I am begging you. PLEASE show me something that says a dollars worth is dependent on the holder. Why should someone who makes $130k pay a rate of 25% while someone who makes $250k pays 33%? Why should someone who makes $500k pay 39%? Why are they less deserving of their hard earned money than someone who makes less? It is flat out discrimination against hard work and success.
Simple math shows how egregious our tax system is and how unfair it truly is.
If we take $130k times 25% that's $32,500.
Accordingly, $250k times that same 25% $62,500 At the same percentage rate it STILL looks like those darn "rich" people are paying more. Yep, I am pretty sure 62 is higher than 32. But that isn't enough for our government, if you are making that $250k you need to pay a higher percentage. Never mind that you spent additional years in school to attain the level of expertise required for that salary, never mind all that extra tuition you paid. Never mind that you use your own money to create jobs. Now they want to tell us what is an appropriate amount to have in our bank accounts and they will unburden us of the rest so we don't look "greedy". Gosh, what would we do without them.
As I watch the pundits from Fox to CNN discussing the "cuts" I can only compare this whole thing to the basic pitch you get from a sleazy salesman. "Yeah the price is going up next week. Well, let me see if I can discount it for ya, if the boss will let me". Sound familiar? We SHOULD be receiving a tax DECREASE demanding that our govt work/spend within the guidelines WE set. Instead, they act like this is some big favor, when it isn't. THEY are wasteful and crooked and I for one am FED UP! This is OUR money people. We need to start demanding responsibility, accountability and fair flat rates.
End rant...Have a lovely day.
