Proverbs 22:7

The rich rule over the poor, and the borrower is slave to the lender.

Friday, June 29, 2012

Taxes and the Evil 1%

Disclaimer: If politics hack you off, don't bother reading any further. This is a very political opinion post.

Today, I ran across this gem of an occupy poster. Go ahead. Read it now before you come back. I'll wait.

Personally, I love the concept. It makes sense, and it seems to be working for them. However, as I posted on FB today, we aren't taxed equally. The problem is that Americans don't want to be taxed the way Scandinavians are. You have the the left, who is fighting sooooooo hard to not tax the poor anymore because they "can't afford it" and you've got the right, who doesn't want to play in the game of redistribution of wealth. If we'd go to a Fair Tax system...maybe this would make sense. But as long as we have the current knuckleheads in office, it ain't gonna happen.

Okay, so something totally hit me today about the crazy leftists who have their undies in a bunch at the thought of a fair tax system. Yes I called you crazy, deal with it. One of those crazies snarked back at me with "fair tax punishes the poor. Consumption taxes are unfair to those who spend 90% of their income while the rich (who spend more like 2%) get off Scott free."

Mr. Crazy, you obviously haven't done your research about Fair Tax, because if you had, you would know that everyone would get a prebate equivalent to the taxes that you would pay on the basic necessities for living. Read that again for me. In other words, if those poor people are sooooo poor that they can literally only afford to "survive" they still wouldn't pay a tax at all because the prebate would cover those basic needs. To further clarify, those poor folks would only pay taxes on everything outside of those basic necessities to live: a consumption tax on everything above and beyond.

Sounds like a pretty sweet deal to me. Oooooh, wait. I forgot. Those crazy lefties don't stop looking at it there. They can't just look at how it affects THEM. They have to look at how it affects everyone else, and if someone is getting a "perceived" better deal than them, then they want to fuss and complain about how life's not fair.

Didn't your Mama ever tell you that life's not fair?

Why can't the lefties and these poor folks look at what a GOOD DEAL this is for them? Because it's not fair. It's not fair that those evil rich folks would ALSO get a prebate (equal, fair, standard across the board) because they make more money! They can "afford" it. They don't need the prebate. So it's not fair that they also get it.

Why is it not fair? You get a prebate. They get a prebate. Equal opportunity. Equal treatment. HOW IS THAT NOT FAIR?

You know, if you would worry more about yourself than worrying about what other people are doing, life would be so much easier for you.

Dumb guy that I quoted above said "Consumption taxes are unfair to those who spend 90% of their income while the rich [spend more like 2%].

Yes, it's basic math that if you only make 20K per year, the percentage of the money you spend just for basic living needs is a higher percentage than those tho make say, a few hundred grand a year. I mean, using that 90% thing as an example... 90% of 20K is 18K.  A poor person could buy 18K worth of basic living, and that would be 90% of his/her income. A rich person, could go out with the identical exact same shopping list of products, and also purchase 18K worth of basic living needs. If that rich person made $900,000 (not even a million) that would be the appropriate math to show that person only spending 2% of his/her income.

Let's be honest. Someone who makes $900K is not going to only spend $18K.  They are going to spend much more than that. Even if they invest a whole bunch, they are going live off more than 18K. If we're talking about a rich person who makes say half of that - 450K, that's 4%. Even someone who makes nearly half a million dollars is not going to only spend 18K. But even if they did.... why does that matter to you? Really? Why does it matter how a rich person spends his money? Quit whining. You're being selfish, moping and complaining about how that person spends his money. If you would do better for yourself, you could spend money the way he does too. If you want to be a rich person, make rich people decisions. That means lay off the cigarettes and lotto tickets.

The number of millionaires and billionaires is a relatively small number of the total U.S. population. A quick google search tells me that the population of the US in 2011 was 311,591,917. In 2010, there were 3.1 million millionaires, and 403 billionaires.. What a coincidence, that's where the term "the 1%" came from. 1 percent of the US are "rich" and you people are having a conniption over how they spend their money. Why do you care? If everyone.... the other 99% (which I'm a part of, thank you) would just worry about themselves instead of pointing fingers at the evil rich people, this debt crisis would correct itself.

FAIR TAX... consumption tax is the way to go. EVERYONE pays. If you're a legal citizen, you get a prebate. If you're a sorry-butt-illegal-moocher, YOU DON'T get a prebate because you aren't entitled to one, but your sure as heck would be paying a consumption tax for mooching off us. Thank you!

This is such a no-brainer. I cannot understand why so many people don't get it. Quit whining about what other people are doing and worry about yourself. You know, if you would do that, you might climb your way up to be one of those evil 1% folks. But I guess it's easier to sit at the bottom and wait for a handout. That's just pathetic.

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