Monday, October 01, 2012

Post #355 Who Is The 47% Not Paying Taxes?

http://www.foxbusiness.com/personal-finance/2012/09/27/who-is-47-not-paying-taxes/

As the above article from FOXBusiness.com makes clear the fallacy of Mitt Romney's 'bogeymen' -- the welfare queen, the gangbanger, the lazy wetback, ruining this country, perhaps we can finally lay to rest the bigotry of the Silent Majority and its expression in Ayn Rand's 'selfishness is a virtue' -- selfishness is NOT a virtue; it is part of greed, one of the seven deadly sins!

Wasn't Ayn Rand an atheist? Not that there's anything wrong with that! :p

After all, only 6.9% fall into that 'mooching' category -- along with students and members of the armed forces and some millionaires.

The most relevant thing I saw in that article was that four of the top ten wealthiest Americans are members of the Wal-Mart family with a combined wealth of $107 billion, and yet 50% of Wal-Mart employees referenced in that article did not earn enough to pay income tax. And that is exactly what is wrong with this country: Redistribution! From the poor to the rich....

The shame of America is not that we are letting 47% of Americans get away with not paying federal income tax; the shame of America is that we have 47% of Americans who cannot afford to pay federal income tax. Our 'job creators' have let us down -- despite our kowtowing to them.

"There's a reason we have low rates on capital gains and that's because it spurs new investment in our economy and allows capital to move more quickly," House Speaker John Boehner said. Well, maybe capital moving too quickly is the problem.

"When you create a tax cut for someone...you create an obligation for somebody else, and then you're taking away that person's money and giving it to someone else." OMGZ! Redistribution!

Tax cuts have nothing to do with job creation; tax cuts are how the right redistributes wealth. It's social engineering brought to you by your favorite (R).

P.S.: My eye surgery was canceled due to an increased risk of putting me under and....

I will be undergoing weekly laser treatments on an outpatient basis for the next six-eight weeks -- two weeks have been done so far. FRANKLY, I am more concerned with the additional 6-8 weeks of stress.

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