Wednesday, July 6, 2011

More poop

Read this, 47 % employment rate

My take is that there are a lot of people making money that aren't paying in at all. I guess there are a lot more drug dealers, thieves, under the table workers, etc. that pay nothing to the IRS, because you can't live on nothing. Solution flat tax. The problem isn't the rich, the problem is spending. The revenue problem is that a whole bunch of people pay nothing. If you are a W2'er you are getting screwed, the middle class is where most of the money comes from, and you are the ones who will continue to pay. The only solution is broad tax reform, get rid of all the stupid tax loopholes, tax structure, and replace it with a fair flat tax. You get revenue from everyone that way, and its fair. The rich pay more, because they consume more. The poor stop paying very regressive payroll taxes, and those who don't pay anything, start paying.

Now read this: Cut corporate jet loophole, in 5,000 years you'll cover Obama's run up of one year

So again the current administration thinks you are stupid, and wants to blame rich people, when really the problem is Cronyism and that too many people don't contribute and just take. There's so many examples of continued Cronyism in the current administration I'm not even going to bore you with that. More on how laughable Obama's speach was here:

Obama’s Declaration of Dependence

He help create the damn loophole, LMAO.

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