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Jeeny EriksonOn Wednesday, President Obama slammed House Minority Leader John Boehner's proposal to extend the Bush tax cuts an additional two years. As things stand now, Robin Hood Uncle Sam is poised and waiting for January 1, 2011, when he'll be able to grab some cash bags from the greedy rich and give them back to their rightful owners -- the middle-class.
Like most liberal theories, there's a giant flaw in this one: The rich did not steal their money from the middle-class, nor did they oppress anyone to get it. They earned it through hard work, ingenuity, determination, or simply being born into the right family. Those lucky ones born into wealth have to work to keep it. Even Paris Hilton designs purses.
Obama is disguising a transfer of wealth as "middle-class tax cuts," but don't let the wool be pulled over your eyes. The rich earned their dollars, and aside from taxes for infrastructure, it should be theirs to keep or spend as they see fit. More often than not, they use that money to expand operations and create new jobs.
Excessive taxation takes away an employer's ability to pay her employees, resulting in increased unemployment. Obama says he's lowering middle-class taxes, but all he's doing is giving them a pay raise at the employer's expense; one they might not be able to afford. How is that tax break going to work when your job disappears?
This is America. We are a nation of people that came here for an opportunity, not a handout. Rich people should not be viewed as greedy in general, nor should they arouse the green-eyed monsters within us. They should be respected for achieving their American dream, and emulated if obtaining wealth is your dream too.
President Obama, you may mock and insult John Boehner for "holding middle-class tax cuts hostage," but I applaud him for holding fast to the American values that built our country.
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Comments (10)
Bush maneuvered it so big corporate donors and pals like Halliburton could keep from paying their fair share and sock it to the poor and middle class. It's no accident that Bush and pals set up the "tax cuts" to end in 2010 -- they figured the odds were there would be a Dem in the White House and then he/she would take the fall for so-called tac "increases" -- which are really not increases at all, but putting thinsg back the way they were before the GOP did all it could to help all their big donors.
I don't think most people want hand-outs, but I sure hope no one in your family ever needs any sort of social safety net, or ends up unemployed or homeless or without health insurance because given how you feel about all this, I don't think anyone would want to help you out.
Social contract's a social contract. Rich people, like the middle-class, have an obligation as citizens and residents to contribute back into the commonwealth that allowed them to get this rich in the first place. It doesn't matter that they -could- have gotten rich elsewhere. That's arguable in any case, but ultimately irrelevant. They did get rich. And they got rich here, taking advantage of the surplus of opportunities that our country's environment and culture allows. At no point was the cost to build a place conducive for these opportunities free.
Just because people haven't found a way to come to terms with the fact that we're not all independent self-sufficient pioneers on the frontier is no reason to pretend you don't have an obligation to your country. Just because they've been able to get away with it for so long doesn't make it normal or right or sustainable.
In normal times, there is an obligation. In crisis times, mostly due to the unsustainable nature of the decade-long tax and regulation holiday they've been on, that obligation is stronger. And means-tested.
Sock it to the poor and middle class how? Under the the previous tax cuts, I pay less taxes and I am firmly in the middle of middle class. I work for a wealthy business man. The plain truth is when he makes less money, so do I. If he pays more taxes next year, I will pay more towards my benefits and not receive a pay increase. He will not sacrifice his income, I WILL! Have you looked at the tax tables?
As far as needing social benefits in the future, do you really believe they are working? Only a fool would believe our new health care plan is going to take care of health insurance for the unemployed. Ms. Pelosi herself doesn't even know what is in that bill. We have passed 2 bills recently on the backs of Food Stamps, SS is continually verging on bankruptcy, Unemployment is on the backs of tax payers and since we aren't working, this is going to be a problem in the very near future and on and on and on.
Joanne you have an amazing talent as a writer. You can make my blood boil in 2 paragraphs! LOL While I certainly cannot express my views in writing (I ramble when I'm ticked) as well as you (or Jenny), this can definitely be filed under "conservative sisterhood" without a Palin in site!
Here's the thing- no one is socking it to the middle class. Why is everyone equal in America until it comes to tax brackets? I'm not rich (far from it, unfortunately) but I get upset at the *rich* being unfairly taxed. I know that that means less opportunity for me, because those *rich* people won't have any money to spend on employing me.
It's such a simple concept. Kill the golden goose, so to speak, and you lose everything. Overly tax the people that actually create jobs, and jobs cease to exist.
Who is going to pay for welfare, social security, health care, medicare, etc. when there's no one in the private sector that can make a buck?
Ahhhh yes history revisionism is always fun...except when it isn't true. The Bush Tax Cuts were not implemented permanently because some Republicans (John McCain) and his ilk were " Nervous" about offering tax cuts without appropriate offsets in spending. Turned out to be a pretty well founded worry. Bush's tax cuts worked in stimulating the economy and Congress and the President over spent. Obama's tax and spend policies are wrecking the nations economy though at a rate never imagined by Lenin or Stalin. That is why Obama advisers Christina Romer and Peter Orszag have left and Orszag ripped the idea of not extending the Bush tax cuts for at least two years in the press yesterday. Extend the tax cuts to keep the middle class down for another two years. Huh? Truth be told the tax cuts with the appropriate CUTS in spending will revive the economy in short order so we can have less Americans on social programs and MORE paying into the system. If you don't beleive in "MY" version of history go back to the last time we had a economy destroyer in the White House (Carter) and see what the next guy in office ( Reagan) did. At almost the 2 yr mark of both polices passing which economy was moving forward and which was one failing? Here is the Department of Labors website.http://www.dol.gov/. Check it out for yourself. Facts don't lie...people who don't understand facts do
MomIWant- Nice "conservative sisterhood" reference! See!! Palin doesn't even have to be involved! :)