The Angry White Guy

Tax, Tax, Tax and Tax Some More

Posted April 12th 2010 at 5:33 am by AWG

Reagan said of the Liberal Progressive Democrats that they never met a tax they didn’t raise. Obama promised many, many time that if you made less than $250,000, or $200,000 or $150,000 or $120,000 depending on which speech you listen to – that not one dime of your tax’s will go up, not one!

Obama lied, now…

Volcker suggests deficit-cutting taxes

Well Presidential adviser Paul Volcker “value-added tax used frequently in Europe — essentially, a sales tax — “was not as toxic an idea” as it was in previous years, The Hill newspaper reported Wednesday. He also said a tax on carbon or energy use might be required to lower the deficit.”

Why sure a VAT or a carbon or a energy tax – why not I mean it’s only half of Americans that currently pay no income taxes at all. So why not put a tax in place that everybody can pay – naturally those that consume more and feed the economy will pay more, so punish them and make sure they cut back insuring further economic decline. It would just be crazy to expect everyone to pay income tax, so let’s create a new one.

Nearly half of US households escape fed income tax

About 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability.

Well isn’t that special! 47% of the American people are freeloading on the backs of the remaining 53% – what about that crap Obama said about everybody having skin in the game? How about we share the wealth of the tax burden? How about 47% of the American people pick up they fair share of the tab. If you benefit from the system then you should pay into the system. Seems like a simple concept to me.

Instead of a VAT – let’s just do away with all the income tax credits that allow 47% of American’s to go year after year tax free.

Now know this… the White House and the Democrats will deny any tax increase until after the November election, they will call it Republican scare tactics. Hell, I’ll bet they’ll blame that Tea Party or the evil white men – it’s not beyond them. Well the reality is we have two choices – raise taxes to offset the debt or my personal choices cut spending to the bone and offset the debt. You can not continue to spend the way Obama and the Democrats are spending without the bill coming due.

We cannot continue to support nearly half of this country and spend the way they do – it’s simple we don’t need to pay more taxes, we need more people paying taxes – it’s time everybody get some skin in the game. Obama is all about fair – that’s fair isn’t it? If you gain from the system than you should share the pain from the system?

It just drive me insane to listen to Democrat talk about tax cuts for the rich … in the Democrats eyes the rich is anyone with a job! You can’t give tax breaks to those 47% that do not pay taxes and I’m sick of this class warfare game, which reminds me of a Obama supporting friend I have that’s a non-tax payer and they have the nerve to give me crap over Bush tax cuts for the so-called rich! So I ask “How do you cut taxes on people that don’t pay taxes? Do you even have a clue on who pays taxes? I think not!”

So FYI on who pays taxes…

Run the Numbers: After the Bush Tax Cuts, the Rich Pay More Taxes

Before the Bush tax cuts, the top 1% of wage earners paid 37% of all income tax revenue. Now, after the Bush tax cuts, the top 1% are paying 39% of a total income tax bite. That’s a 2% increase in the share of total taxes paid by the rich, the top 1%, since the Bush tax cuts went into effect. By the same token, before the Bush tax cuts, the top 5% paid 56% of all income tax revenue. Now the top 5% are paying 60%, after the Bush tax cuts. Now, you might be saying, “How does this happen, Rush?” It’s simple. You have to stop looking at things as a zero-sum game. You have to look at the dynamic results of what tax cuts cause. They cause more jobs. They create more wealth, and as more people gain wealth, they move into these higher tax brackets. There are more people in those brackets, therefore the aggregate income tax collected goes up. They are paying a bigger portion, which, you know, generating revenue to the Treasury is what this is all about. But it’s really not, see, because of the Democrats and the Drive-Bys, it’s about control. It’s not about raising revenue.

Now I’m not rich, I don’t make millions of dollars or even hundreds of thousands – but my line of work requires that I have somewhat wealthy people to work for, because I’ve never been hired by a poor person. The more they tax the rich the less the rich have to spend on services and investments – entitlements for the poor have never created a job, saved a job or encouraged to them to get a job and it has never lifted anyone up out of poverty. Do you know that the longest most expensive war in American history was started and championed by the Democrats and it’s a war that has lost every battle it has engaged and that’s the War on Poverty! According to some estimates over 40 TRILLION dollars has been spent to date and there is far more poor people today then there was when it was started!

The really is the democrats never wanted the poor to get out of poverty – they wanted to keep them there as a built in voting block scammed into believing that they were going to do something for them. It’s simple really the democrats keep promising them the moon and delivering little, but for some reason people keep buying into it – I guess it’s easier to get people to do nothing than to do something – like work.

Anyway speaking of which I need to do that as I have moochers and slackers to support.

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