Wednesday, December 15, 2010

Should Americans be ashamed of themselves for what the US Senate has charged to our children?

If Bill Gates and Warren Buffett make about 5% on dividends and 5% on capital gains on about $100 billion, did they stop by the White House to thank Obama for giving them what could be an extra $1,477,351,600 over 2 years, by charging America’s children about $1,600 a piece?

If Mitt Romney is worth at least $190 million and makes about 5% of dividends and 5% on capital gains, could he bring in an extra $5,656,178 by charging America's children about $1,600 a piece?

The 50 Richest Members of Congress (2008)

If about 1,699,000 US households make more than $250,000, and their portion of the tax cuts is about $120 billion...?

If US congressman Darrell Issa is worth about $303 million and makes about 5% of his net worth per year, could he charge every US child $12,000 to vote himself about $1,387,836 in Tax Cuts over two years?


Could US Senator John Kerry charge every US child $12,000 to vote himself about $500,036 in Tax Cuts over two years?


If Britney Spears makes about $64 million per year, could she bring in another $5,876,704 from President Obama's Tax Deal over the next two years?


If Michael Bloomberg makes 5% per year on $20 billion, and pays half his taxes on long term capitol gaines and half on dividend interest, could he bring in an extra $295 million over two years with Obama's Tax Deal?


If Rush Limbaugh makes about $78 million per year, could Obama's Tax Deal give him about $15,324,704 more over the next two years?

If there are about 75 million kids in the United States of America, will congress and the president charge them $12,000 a piece to bail out the financial mismanagement of their parents?


Can any American legislator who votes for a $900 billion deficit increase run as a "fiscal conservative" in 2012?


How could some American legislators opposed to raising the debt ceiling, vote to increase the nation's deficit by $900 billion over 2 years?

3 comments:

Anonymous said...

I'm for taxcuts for all that pay income taxes. They earned that money. Let them keep it and do with it what they want. The government will waste it. The top 1% of all wage earners pay nearly 40% of all income taxes. Almost half of the potential tax payers pay no income tax. Seems fair to me.

Why dont you focus your efforts on the spending side. You cant keep spending forever.

If you are worried about your children, provide for them. I'm not worried about anyone elses except my own and I will do what I can to help them.

g said...

"I'm for taxcuts for all that pay income taxes."

Regardless of the costs to our children?

"They earned that money. Let them keep it and do with it what they want."

No roads? No police? No Army? No subsidized Healthcare? No subsidized mortgages? No special Tax breaks? No spending cuts?

"The government will waste it."

agreed

"The top 1% of all wage earners pay nearly 40% of all income taxes."

How about property taxes? How about phone and cable taxes? Why don't you include all the taxes that everybody pays?

"If you are worried about your children, provide for them."

This is what I am attempting to do.

"I'm not worried about anyone elses except my own"

That is just sad.

Anonymous said...

What is sad is that you want evryone who earns a decent living to pay for those that dont. The top 1% of all wage earners pay for more than 40% of all income taxes! Nearly 50% dont pay any. Will you be happy when top 1% pay for the other 99%?

I'm glad we have other taxes that are collected for those that dont pay income taxes. When he goes and buys his brand new SUV, he at least pays a sales tax and a liscense tax. When he fills up that SUV with gas, he pays gas tax. When he buys the brand new HD flat screen so he can watch NFL and kids can play Xbox, he pays sales tax. When he pays for cable TV every month, he pays cable fee. When he buys the family all smart phones, he pays sales tax and also phone tax. Buy thay bottle of booze or six pack of beer, pay the sales and alcohol tax. At least we are getting some taxes paid for those that dont pay income taxes but want to spend, spend, spend and not save like they should.

When you condition a society that they dont have to pay or work for anything, you are creating a worthless, unproductive society. Some might call this socialism.

You and I will disagree on income tax cuts because you think the top should pay more. I dont. Just because the government will collect more money if taxes are raised, doesnt mean that the money will be spent on deficit reduction.

In my house, I dont spend what I dont have. No debt, period. Save 60-70% after tax income. Put away saving for childrens education. I dont expect government to provide for my retirement either. Do that myself.

I appreciate your cause for the children but to takes more of someone elses hard earned money and give it to your children and others is wrong in my book. I'll provide for mine and you provide for yours.

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