Wednesday, November 14, 2012

On raising taxes

Taxes are going up for everyone now. Obama promised this and still got re-elected, abd before the vote tally was even complete, that milquetoaste RINO John Boehner was already waving a white flag and promising Republican cooperation on Amnesty plans and raising taxes on "Millionaires and Billionaires" (defined by Obama as anyone who makes more than $200,000 a year). Most of the people hit by the increases, in actuality, would be small business owners, most of whom would either raise their prices and pass the tax burden on to you and me and every other consumer, or just fold up shop and close, as several have recently done very publicly.

Well screw that, and screw John Boehner, too. But on raising taxes on "the rich", I have a better idea for a compromise that should make everyone happy.

Let's really ratchet up taxes on Millionaires and Billionaires. Let's make everyone who makes over a million dollars a year pay 50% of their total earnings to the US Treasury.

Of course, in actual reality, since most CEO-types are paid largely in stock, aside from a few who are cashing out their stock portfolios, that's not going to hit too many people. But if structured right, we can make sure that it does hit every damned Hollywood celebrity, every singer and every sports star, and most of them supported Obama enthusiastically so it would only be fair to take their money first and let the people who actually built businesses and/or show up to do an actual job every day keep what they make.

Oh, and let's make damned sure that the first one taxed is Barry Obama on the millions of dollars in book sales that he took in (And most of those books are still no doubt sitting in union warehouses, having likely been purchased in bulk as a form of off-the-record campaign contribution since no one I know has ever bought of even seen one.)

If Obama wants higher taxes on some of us, fine. Let's just make sure that the burden falls squarely on his own peers and supporters and leaves productive America alone.

Come on, GOP. Grow a pair and offer THAT. I dare ya.

5 comments:

  1. Too much to hope for, dammit...

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  2. I volunteer John Kerry, all Kennedys, Nancy Pelosi to step up and write those first checks.

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  3. Congrats, Hollywood....YOU BUILT THAT!

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