Saturday, July 16, 2011

BloggeRhythms 7/16/2011

What I continue to find to be amazing is the constant presidential pressure to tax the "rich," and his ongoing insistence that they pay for his horrendous ineptitude, incompetence and mindless spending. And just yesterday he stated that 80% of Americans side with him in debt limit talks, regarding an increase in taxes.

The fact of the matter, however, is that he's manipulating the statistics. Because what a recent Gallup poll showed was that while only 20% were in full agreement with the current Republican plan, the remaining 80% didn't endorse his plan either, there are several other alternatives favored in the mix. But, for the sake of argument, let's say that the president's argument is true and that the vast majority agree with him.

As I mentioned a few days ago in my blogging's, per the most recent statistics: as of right now the top 1% of taxpayers earn 19% of all income, but pay 37% of federal income taxes and the top 10% pay 68% of those taxes as a group. At the other extreme, the bottom 50% of the spectrum earn below the median income level, amounting to 13% of total income while paying only 3% of the tax.

So, what these numbers show is a very small percentage of people pay almost all the taxes now, which means that the vast majority being polled don't contribute at all. Thus in effect, in polls the majority is indicating how they feel about spending high-earner's money, not their own.

Consequently, as far as I'm concerned, I think it's a shame that a party who's membership is primarily worthless leeches and dregs has a leader who's lower than they are. And , I'm reasonably sure that if any of them made a dime on their own they'd be unlikely to want to waste it on mis-spent taxes either.

And the real problem is that there are so many of these non-contributing whiners they keep voting parasites in. But that's quite understandable I guess, because if an administration got elected that expected tax payments from everyone, no matter, these worthless bums might actually have to look for jobs, go to work, and take their hands out of achiever's pockets.

That's it for today folks.

Adios

No comments:

Post a Comment