What the liberal whiners say:
1.’The rich don’t pay their fair share’
2.’The working class carries the full load in this country, while the rich just keep getting richer, and paying LESS’
3.’How about those 50 hedge fund managers Barack Obama talks about all the time who made $29 billion, but actually paid less in taxes than their $60,000 a year SECRETARIES!’
4.’I’m sick and tired of all the corporate welfare in this country’
Your winning, logical, reasoned arguments:
1.Really? According to the Tax Foundation, the top 1% of wage-earners in this country pays nearly 40% of the burden (an 11% INCREASE over 1999, when WHO was President? Oh that’s right…Bill Clinton). Not fair? Well, you may be saying, ‘that’s because they have ALL the wealth!’ Wrong again. The top 1% of earners account for just 21% of the total adjusted gross income. Hmm. Come to think of it…you’re RIGHT! That really isn’t fair. They’re paying DOUBLE what they should be. By the way, the top 10% of earners pay 70% of the load. When you get all the way down to the top 50% of earners, they account for 96.4% of the entire tax burden. The next 10% pays 3.6%. And the bottom 40% of wage earners…pay NOTHING. That’s right, nothing. In fact, they pay nothing, and then often get a "refund" (handout) at years end.
2. Now this argument, to me, is null and void, since it comes straight from the "Communist Manifesto" by our friend, Karl Marx (no, not Richard Marx, the singer with the hair…this is the OTHER Marx brother) Simply substitute the words "working class" for proletariat and "rich" for bourgeousie, and voila! Class warfare, Marxist style. Besides, do you know ANY rich people who don’t work hard? Only 2% of this country’s rich inherited their money, like the Kennedy’s…the rest, earned it.
3. The "50 Hedge Fund mangers’ who made a combined $29 billion is one of my favorite Barack Obama campaign stories. It’s true of course. At least the part about how much money they made. Legally, by the way. But for a billionaire to pay less in taxes than his secretary, is preposterous at best. It’s impossible. I need to see their 1040 form for proof. If they pay a smaller percentage than their secretary did, their accountant needs to be made President of the United States of America, immediately. No campaign, no election. The first ever APPOINTMENT to President in American history…just based on amazing skills.
It’s also interesting to note that one of those Hedge Fund managers, of whom Obam speaks, but never names, is….George Soros. $2.9 Billion last year. Keep those Moveon.org ads coming Georgie! being the big-hearted, big government guy he is, it’s surprising he hasn’t voluntarily written out huge extra checks to the Federal Government to make up the discrepancy.
4. For this, I refer you to yesterday’s article on the evil oil companies…who, from 1977-2004 made over $643 billion in profits! But, during that time span, their disgusting "corporate welfare" situation allowed them to pay a paltry $1.343 TRILLION in state and federal taxes. What a free ride.