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Wednesday, October 12, 2011

Taxes, What's Fair?

          Fair is a hard word to define in the real world. When it comes to Taxes the word fair was rejected a long time ago. In a fair system the rich pay more, the poor  pay less and it would be a percentage of their earnings. In a fair system everyone  pays the same "percentage,"(which means), the rich  pay more, the poor pay less. For example, if you make $100,000,000 you pay 9%, if you make $100,000 you pay 9%, if you make $10,000 you pay 9%, if you make $1000 you pay 9%.  When you figure out what 9% is, you know the rich  pay more. It isn't  hard to figure out, unless of course you went to some of the schools that stopped teaching math or you are a government official. In that case, fair goes something like this: if you make $100,000,000 you pay 43%, if you make $100,000 you pay 30% if you make $10,000 you pay 3%, if you make $1000 you pay 0% and get a $6090 check from the government.

I am sick and tire of hearing;  the rich are not paying their fair share! It's a lie simply to get people worked up so one party can get votes over the other. The top 1%  of the wage earners are paying about 38 to 40% or more of all  taxes. The top 2% to 5% are paying  over 20% of all taxes, the tops 6% to 10% are paying  about 11% of all taxes and so on down the line. The bottom 50% of tax payers are paying less than 3% of all taxes, I ask you, does that sound fair?      
  I know there are all kinds of stories out there claiming the  wealthy  are not paying taxes. The facts are, they do and  pay the largest percent.
If we had a  fair, simple tax code without all the loopholes  AND   the government would stop spending, spending, spending.......... we would all be better off!
 ( Just as a side note or question)
  I would love to know how a person can pay $619.00 in taxes and get a refund check for $6021?
 Tax revenue is not the problem in this country,  over spending, stupid spending, wasteful spending, spending that defies all logic by the government is the problem!


"Taxpayers  funded paintings for the offices of high-ranking government officials at a cost of up to $50,000 apiece.

Members of Congress have spent hundreds of thousands of taxpayer dollars supplying their offices with popcorn machines, plasma televisions, DVD equipment, ionic air fresheners, camcorders, and signature machines -- plus $24,730 leasing a Lexus, $1,434 on a digital camera  and $84,000 on personalized calendars

Washington  spent $1.8 million to help build a private golf course in Atlanta, Georgia.

The Conservation Reserve program pays farmers $2 billion annually not to farm their land."**
** 10%

* These are are examples of wasteful spending, by the government, going on in this country all the time.

 The New Health Care bill that was passed by this administration. One which, if left unchanged is going to cost every wage earning lots of money in the very near future.
 If you have tried to purchase health insurance recently you've seen the rise in costs.

 Please remember this when it comes time to vote for a "New" President!

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