http://www.politico.com/news/stories/1007/6250.html
Wait are you saying that tax cuts are slow? No I am saying tax cuts are stupid, especially considering federal spending goes up every single year (I'm looking at you, Iraq War) and doesn't seem to show signs of curtailing. With almost 300 million people in this country you would think we could pay for the shit we need to run the country properly(oh wait though its that want thing not really need). Now I will admit that I am an over-consumer, but again the purpose of my job is not have funny to buy crap. Maybe if I was a stock broker, or a corporate lawyer, but no. It's nice to be able to buy things and I get slightly perturbed when I read my pay statements and see the federal tax coming out. But c'mon, the wages are artificially inflated to take tax into account.
So Democrats in Congress want to overhaul the tax system to you know pay for some of this stuff that Republicans keep insisting we need (apparently not armor on the tanks, but anti-ballistic missile systems to shoot down nuclear bombs from the soviet... i mean china... i mean north korea? maybe Iran?) all this technology to protect ourselves. Yet they also continually lower taxes. It's like a seesaw and there's always this fat kid weighing down one side. Instead of putting a fat kid on the other side to balance, the put him (there are fat girls too, I don't mean to be sexist) on the same side. So Bush wants alternative minimum tax (AMT) repealed (there's your retardedness) by 2010 (we will lose $800 billion in tax revenue right there). The Democrats want to increase taxes (shock horror) on couples making 200k a year or more (but only by 4%). So that's 15 less trips to P.F. Chang's you yuppie bastards. But in reality the taxes will most affect those making over $1 million per year! Currently they are on track to pay for about 8% of the tax burden. If the overhaul happens they will be responsible for 58% of the tax burden. Extremely wealthy people need to stop thinking that they should be treated like everyone else. Its not as though them paying 4% more in taxes is going to destroy them financially (certainly a lot less than the 50% no-prenup tax most of them pay anyways). They are just too much into Ayn Rand to understand that society does not exist just for them. They want to live in the country so they should stop abusing loop-holes. I will gladly pay 4% or even 5% more in taxes if it pulls us out of national debt, even slowly, and I don't make anywhere near $1 million/year. If it leads to better social programs for those less fortunate, so much the better. But this Darwinistic capitolist bullshit needs to stop. This is why the rest of the world hates us. They don't hate Bob working down at the gas station, they hate Reginald who runs the Fortune 500 company. And I hate him too because he actually gets tax refunds through his dividends and holdings.
Thursday, October 11, 2007
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