Now It's The 95% v 5%.

       Honest, this is no lie. There is a bill in the Pennsylvania legislature that states any company with over 250 employees can keep 95% of all the withheld income taxes they collect. So if you work for one of these companies, when they deduct, from your pay, for your income taxes to the state, the company gets to keep all of it. Well all but five cents on the dollar.
       The five cents goes to the state, the 95 cents the company can keep. If this bill passes and becomes law, how long do you think it will take for smaller companies to demand the same special treatment? And what do you suppose these company's execs will decide to do with this money? Does anybody think they'll give it back to the employees as a year end bonus? How about year end bonuses for the execs?
       I'm sure that somebody woke up in the middle of the night, having wet the bed, and said "I just had a brainstorm", then fell back asleep. However this came to pass, the mental giants of the Pennsylvania legislature, or at least the majority leadership felt this was worthy of consideration.
       But here's the problem. If the state gets 95% less in taxes, where will it make up the difference? Increase the sales tax by 95%, or cut 95% of the state budget for education, roads, state employee benefits, police and medical assistance? You can bet it won't come from the legislator's income and perks or gas drillers, that much you can count on.
       Ya know what's scary about this bill? The scary part is that you can laugh at the idea at the same time our legislators are taking it seriously. And if they can take it seriously, then why cant or why won't other state legislature also consider it. Hey, I'll bet there are those in Washington D. C. who are keeping a close eye on it with thoughts of taking this law national.
       It's unlikely that any corporate leaders will try to discourage such thoughts. If you ask me, and I realize that no legislator would ask me, I'd say these folks are certifiable.