Friday, September 21, 2012

We're In The Forth Quarter, The Score Is 53 to 47.

Well, Gov. Romney made a blooper when he spoke at a fundraiser in Boca Raton last May. His 47% talk touched on a lot of sensitive nerves. So he backpedaled a bit and his running mate, Paul Ryan, tried to explain that Mitt was inarticulate. At the very least. But now it turns out that a radio talk-show host acquaintance of Ryan's wrote a book with nearly identical wording in it. Of course that doesn't mean his claim is true. And frankly it doesn't matter all that much.  What does matter is that there are that many people in this country who don't pay any income taxes. Now, there certainly is a portion of that 47% who don't work and are semi-professional moochers. But it's a small portion. The larger portions are divided into two groups. Those who do work, and some even two or three jobs and still don't earn enough to pay income taxes and the other group that includes seniors who are retired and living on Social Security, maybe even with a small pension. There is another category. Those making way over a million a year. Some of those folks don't pay any taxes either. But the real shame of this country is that so many people can't earn enough money to live in even the slightest comfort, while so few have so much and yet are dissatisfied. There's nobody who can whine and cry like a multi-millionaire or billionaire who fears a tax increase from 13% to maybe 14%. Well except maybe for a small child who's just been told he can't have another Popsicle. Wage earner income has stagnated over the last three decades while executive financial packages have skyrocketed. Notice the difference in terminology? Wage or financial package,  there's the culprit. Maybe if everyone got a financial package or if everyone got a wage and nothing more, maybe we wouldn't see this widening of income disparity. If you want more people to pay income taxes, pay them more. If that 47% made more money, they'd owe taxes. Then all you'd have who don't pay taxes would be the Semi-pros and the ultra-wealthy with their loopholes.

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