Tax Cuts Give You Choice

Some folks are making a big stink about the recently passed tax cut. They run the same tired argument, It’s only a tax cut for the rich!” But here’s the real story. Very simple, actually. Listen close, if the rich are paying the most taxes and we reduce taxes, isn’t it logical that their share will be reduced the most? Weyrich points out that it’s not even true as “the share of income taxes paid by families with income of $100,000 or more will rise to 73.3 percent.” So the practice is unfair and the complaints are untrue.

Government Snookery
The government has found all kinds of sneaky ways of taxing us. First with income tax. Did you know that before 1913 there was no income tax? When first inacted, it was only 1%. Yep, a flat tax. Then when they needed to raise it during war time, they neglected to return the rate to its previous pre-war level once the war was finished. How considerate of them.

Taxes, Taxes and More Taxes
But I digress. So we’ve got the income tax (insidiously taken from our paycheck for “convenience” sake) and then in 1935 they add the Social Security tax. In the 50′s they grew that and they… wanted… more. Thus in 1965 the Medicare tax was born. All the while, states are already taxing us via sales (consumption) tax. Throw in some property tax, estate tax, and more taxes like on things like: pensions, severance, utilities, accumulated earnings, capital gains, gas, gift, inheritance, license, life insurance, operators license, and the list goes on and on. How many taxes do you want to pay? It’s so far past ridiculous.

Like a Little Cheese, with that Whine?
Now here’s what really gets my goat. Many of the people complaining about the income tax reductions are the same people who are currently paying zero income tax. Almost 35% of all Americans! Many poor not only don’t pay anything but get a check instead. (They can expect $411 dollars of someone else’s money.)

Here’s the kicker: The top 1% is paying more than ten times the federal income taxes than the bottom 50%! That is so not fair.

So go ahead and complain, you bunch of whiners. That kind of attitude will get you nowhere… uh, wait a second… that kind of attitude will get you off the hook?!? Maybe I should sign up?