Wednesday, April 06, 2011

What about us?

OK congress, you want to balance the budget.

What are YOU willing to give up? Cut your salary by 25%, cut your staff by 10%, give up franking privlidges, if you want to park near your work place PAY for the spot. No freebies. Do you get a "reduced cost" lunch in the Senate or House Office Building cafeteria? Well? Do you? Change that to a "food court" and pay for you cheeseburger or tuna sub like the rest of us poor slobs. Do you have an "executive gym"? Do you pay dues? Well, do you? Start charging for the use of the facilities. If we want such things WE poor working American Taxpayers, have to pay for it, why don't you?

Health care? Hey, ifyou don't want US to have Medicare why should you have health care as a retired senator or represenative? Before you take from us take it from yourselves. Give up the retirement package congressional represenatives have and go on Social Security. Give up your perks and pay into social security and medicare like the rest of us poor slobs. Pay our own way, like you tell us we should be doing. If you don't pay why should we? You are the ones benefiting from Socialized medicine, because WE pay for it.

Since protecting the wealthy is supposed to creat jobs SHOW ME THE STATISTICS that at least 10 big corporations in the USA have created or increased jobs in the last 10 years. If you can't show me the results, then TAX THE RICH. They have the money and if they aren't going to use it to stimulate economic growth and added wealth in our country then tax them double for taking the money out of the USA.

Any company that makes a profit should be paying taxes. Any investor who makes money on his investment should be paying taxes. No exceptions, no exclusions.

Stop lying and playing games with the American people. If you are serious about cutting the debt then YOU take the first step.

Comments:
The rich are already being taxed.

In 1980, with Jimmy Carter still as president, the top 1 percent of filers, those who reported an adjusted growth income of $80,580 or more, paid 19 percent of all federal income taxes. That was actually less than the total tax share of people collectively in the 11th to 25th percentiles, that is, middle income taxpayers making roughly between $24,000 and $35,000 (in 1980 dollars), and also less than the total share of those earning between $13,000 and $24,000, who represented the 26th to 50th percentiles.

A decade later, despite tax cuts in the 1980s that many critics claimed benefited the rich, our top 1 percent of filers were paying more of the total--25 percent of the country’s tax bill—than anyone else. The portion of taxes paid by the top filers continue to grow throughout the 1990s and into the new century, pausing only for recessions, which are generally periods in which the share of taxes paid by the rich falls because their incomes tend to decline the most. By 2005, the most recent year data are available, our top 1 percent of filers were paying nearly 40 percent of the federal income tax bill, while those in the 2nd to 5th percentile paid another 20 percent. Every other group saw its share of the tax bill decline, sometimes substantially. Those taxpayers in the 26th to 50th percentile (that is, with an adjusted gross income roughly between $31,000 and $62,000) paid 11 percent of all federal income taxes, down from 20 percent back in 1980, while those in the 11th to 25th percentiles (earning between $62,000 and $104,000 today), paid 16 percent of the federal tax bill, down from 24 percent in 1980.

Couple this with the truth published this year that 45% of the American population lowest incomes PAY NO INCOME TAXES!

Who do you think that 45% will vote for in 2012?
 
And how many of the RICH pay no taxes? How many corporations pay no taxes? How many of the rich are subsidized because they "invest" in things that give them tax breaks? How many corporate farmers and ranchers which are NOT family owned businesses but corporations get government subsidies?
 
And how many of the RICH pay no taxes?
Name ONE, other than Soros, or an Obama cabinet member other than Geithner, Kirk, Daschle, Sebelius, or Labor Secretary Solis's husband

How many corporations pay no taxes?
Name ONE other than ACORN

How many of the rich are subsidized because they "invest" in things that give them tax breaks?
Name one other than Barney Frank

How many corporate farmers and ranchers which are NOT family owned businesses but corporations get government subsidies?
Are you talking about the $3.2 TRILLION in Obama bailouts?

It must be comfortable living in a liberal dream?
 
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