For the first time in my life I'm making pretty good scratch. I've been with this company for a couple of years, and I do well. So, apparently, does Uncle Sam. I've noticed that after I reach a certain amount my check almost doesn't change. My tax rate goes up as fast as my income and a large percentage of evey dollar goes to the government.
Now, I do well, but I don't have very much. I don't own a home... I moved so much in my youth that I never bought, I just rented. I'm looking, but I haven't found what I want.
Large portions of what I make goes towards pay off things from when I didn't do so well.
Student loans, credit card bills, washer & dryer financing, Jeep payment... not to mention rent, utilities, cell phone for work and so on, but the government wants to take this money and give it to others so they can pay their bills. Wouldn't my money be better spent on things I already owe? Then the people I owe money to can pay the people they owe and on down the line, and cause economic growth... or at least fiscal responsability.
One thing I've noticed is that a lot of the politicians that want to raise my taxes because I make more money have a lot of personal wealth. They aready own all the things I'm working so hard to try to get. Some of them earned it, some married it, and some inherited it, but they all have it.
John Kerry, D-Massachusetts: $163,626,399
Herb Kohl, D-Wisconsin: $111,015,016
John Rockefeller, D -West Virginia: $81,648,018
Jon Corzine, D-New Jersey: $71,035,025
Dianne Feinstein, D-California: $26,377,109
Frank Lautenberg, D-New Jersey $17,789,018
John Edwards, D-North Carolina: $12,844,029
Edward Kennedy, D-Massachusetts: $9,905,009
Jeff Bingaman, D-New Mexico: $7,981,015
Bob Graham, D-Florida: $7,691,052
Ben Nelson, D-Nebraska: $6,267,028
Mark Dayton, D-Minnesota: $3,974,037
Harry Reid, D-Nevada: $1,500,040
Thomas Carper, D-Delaware: $1,482,017
Maria Cantwell, D-Washington: $1,264,999
Barbara Boxer, D-California: $1,172,003
Mary Landrieu, D-Louisiana: $1,080,014
Bill Nelson, D-Florida: $1,073,014
Sen. Hillary Rodham Clinton, in the news with the release of her memoir, reported a net worth ranging from $352,000 to $3.8 million. While that may seem modest for a woman who snared an $8 million book deal, the former first lady also reported substantial liabilities, ranging from $1.7 million to $6.5 million.
*These figures are base estimates provided by senators on their financial disclosure forms.
These are the people who think I should give more? What the Hell? If any of these people recieve a 6% gain on their wealth that is as much as I make a year working 60-80 hours a week.
Don't get me wrong... I'm a good socialist at heart, so I have an Idea. Let's tax wealth instead of income. Take it from the ones who have it, not the ones trying to get it. This works out well, because then I can get there faster and start paying my fair share, and you'll get more in the long run.
$250,000... that's just an arbatrary figure, as I think if I owned that much personal property I'd be pretty happy, so anthing over $250k would be subject to... say 35% taxation... thats what they take out of my check each week. That means that Bill Nelson of Florida (above) would contribute $375,554.90. That'd go a long way to helping the needy, and that's just one man in one state, and he still has a lot left over. Mary Landrieu of Louisiana's $375 thousand tax would really help rebuild New Orleans, wouldn't it? John Kerry alone would be able to help the poor to the tune of $57.2 MILLION. Yes, ladies and gentlemen I said million. Mr Kerry with just his 35% could create 228 brand new multi-thousandares , who in turn could be taxed. See how well this works?
But why stop there? We as individuals in this nation own a lot of land, yet we have homeless people everywhere. Huge families living together in tiny apartments and crowded neighborhoods. Why? The population of the United States averages to 76 people per square mile... thats 8.42 acres per person. I (in my 1 bedroom apt.) would love to have 8 acres. So if you own more than... Oh, I don't know... 10 acres of land the rest could be used to house these needy folks, and if you live in the Carolinas where I'm from, you could use John Edwards' $4.5 million contribution (that's his 35% taxation) to build housing developments on your extra land to house the poor. With this idea in place eventually all people will be on equal footing... we'll all have the same amount of land and money... a true socialist society... and we could do away with taxation altogether.
Labels: Political Opinion