Wednesday, July 11, 2012

OBAMA IS WRONG TO THINK THE PROBLEM WITH THE ECONOMY AND THE FEDERAL BUDGET IS THAT SOME FOLKS AREN'T TAXED ENOUGH

... the president’s definition of wealthy is a little shaky. It turns out that the “millionaires” he refers to in his speeches are actually individuals earning $200,000 per year and couples earning $250,000 — about 2.5 million Americans. While $250,000 is a lot of money in many areas of the country, in high-cost regions such as New York City that earning category would include a teacher with 22 years of service married to a police captain. The president’s definition of “rich” would also include some 750,000 independent and small businesses that do not pay income taxes as businesses; instead, their taxes are paid through the owners’ individual tax returns. We are not exactly talking Warren Buffett here.
I THINK AMERICANS WHO HAVE BEEN WORKING HARD THE LAST 4 YEARS - AND WHOSE INVESTMENTS HAVE PROBABLY BEEN TREADING WATER - DESERVE THEIR MONEY MORE THAN THE SPENDTHRIFT POLITICIANS.

THERE IS MORE FAT IN THE FEDERAL BUDGET THAN IN THE BUDGETS OF THE PEOPLE!

THERE WAS MORE FAT IN THE FEDERAL BUDGET IN 2007 AND THERE IS TWICE AS MUCH FAT NOW.

THE CAREER POLITICIANS NEED TO CUT SPENDING 10 DOLLARS FOR EVERY DIME THEY RAISE IN TAXES.

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