Revenue Increases

I really love an article that puts the Liberal mindset out for all to see.  And such was the article I read today!  Tax bills for rich families approach 30-year high.  It seems the government has been tracking actual taxes paid in the income demographics.  And those rates according to the article are at near all time highs.  The top 1% are paying more than a third of their income in taxes.  Intesestingly I read another article about people renouncing their citizenship, primarily because of tax reasons.

So we have a political royalaty intent on punishing the "rich"  without defining what rich is.  The rich, and they know who they are, are getting fed up with the attack.  And when most of their assets are outside the country, just renounce citizenship to avoid taxation they deem as excessive.  So we are loping off the mega international rich, meaning that you and I are much closer to the top... The New rich!  So my middle class friends, start reserving up to a third of your income, you will need it.  Why?  because without definition, the term rich is a moving target.

At the same time in the first story, they recount how "The average family in the bottom 20 percent of households won't pay any federal taxes. Instead, many families in this group will get payments from the federal government by claiming more in credits than they owe in taxes, including payroll taxes. That will give them a negative tax rate."  So not only are the poor not paying a dime in taxes now, but you could increase their rates and they still would not be paying a dime in taxes.  This may be our salvation!  Raise taxes on the poor!  They still won't be paying anything, so why would it matter?  Perhaps the aimless Republicans should take up this mantra, after all, it accomplishes what our President says he wants.  Does he not want revenue to be part of the deal?  And it would close some loopholes.  Win Win Mr. President!

Is it any more crazy to propose fixing our troubles on the back of the poor than on the back of the rich?  Or maybe, just maybe we should look more deeply at spending.  The infamous Obama phone is rife with fraud, there are a lot of people that really don't qualify that receive this benefit.  The Sequester is just 7% of total expenditures this year, and they are squealing.  The Scooter Store was raided for Medicare fraud.  Maybe we could find 10% in the budget that are like these 2 examples, maybe even more. 

However, government does not like to spend less.  Consider these examples:  A school board puts a bond issue on a ballot.  The voters reject that issue, what will the board do?  Why cut teachers or extracurriculars of course.  They are going to punish the kids for what their parents did.  No way do they look for waste, or ask that office supplies are more closely tracked, or doing without one assistant superintendent.  So to the Sequester.  TSA is furloughing much more than 7%, so there will be lines, punishing us for being so unreasonable.  The release ileagal aliens, to teach us that we cannot say no.  No way would they remove one servant from Air Force 1.  No way would they remove the liquor from the speaker's plane.  No way would the Vice President, whose job it is to wait in case the President dies, to stay home.  No way will the Secretarty of State be told to use the phone or video conferencing instead of burning expensive jet fuel to globe trot.

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So let's settle on a definition of "rich" and "fair share".  Is 35% fair?  Is 50% fair?  Is 95% fair?  Is a million dollars rich?  A half million?  A quarter million?  Let's look everywhere.  Let's bring sanity back to the budget.  We are a nation of equals, we should equally work to make it thrive, whether through labor or treasure.  Until there is sanity in our royals, I just have one thing to say....

Spend Wisely!

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