So, I got a small bonus this year and 25% of it went in federal taxes.
Guys like Romney, who live off his intrest income only pay 13%.
So riddle me this, the money I bust my hump for gets taxed at almost twice the rate of money that comes from simply owning and doing nothing and they call that fair?
Then I get to hear snot nosed misanthropes whine about stealing from the rich? Boy, ain't that America?
Brewha wrote:
Riddle me this: who are you to determine who deserves to keep what share of the returns they make on their efforts?
It doesn't matter whether you take a penny from a poor widow, or a bazillion dollars from Bill Gates, it is still stealing. Just because you justify it with some beknigted cause doesn't mean that you can make theft a virtue, and that you're a saint for being a thief.
Raising taxes on the rich to pay for anything in this country isn't going to fix anything. Whatever revenue increases they promise will be inflated. Even at their inflated estimates, it isn't going to raise anywhere near the amount of money that will be needed to erase the yearly spending deficit.
But hey, idiots like you will get a big, warm, fuzzy feeling that you're stickin' it to the wealthy because...well...they "deserve" it.
The federal government takes in roughly two-trillion dollars, and spend roughly three-trillion: nearly two-thirds of that is spent on social programs like Medicare, Medicaid, Social Security, WIC, ADC, Obamacare, and so on. All of them are LOADED with waste, inefficiengy, and hampered by general mismanagement. They same can be said for military spending as well...though, in all fairness, the federal government is given a constitutional charter to maintain a military, and the post office. The rest? Not anywhere in the Constitution.
But people like you stick to this idiotic idea that raising taxes will somehow fix everything. It's nuts. It's never worked. It will never work. Mainly because politicians get re-elected these days based on what portion of the public largess they can bring back home to their districts and states.
In the past, the deficit was minimized because rich people invested money, and that spurred economic activity in one form or another, and that increased economic activity generated revenue to the federal government. Because an overall return on investment is something like 5% - 10%, it takes loads of money to generate decent interest income for the vast majority of investors.
Along comes a socialist president who spends like a drunken sailor WISHED they could spend, and then denigrates the people who provide the lifeblood for a thriving industry. Morons like you line up behind said president, and form an Amen Chorus of mindless idiologues, and you expect investors to keep sinking money into an economy when investment returns look mighy bleak? For what? For you?
The answer to their riddle I posed at the beginning of this diatribe is that, of all people, you are the LAST person who should be contributing any arguments on increasing taxes. Mainly because your views are outright idiotic.
