Author Box
Articles Categories
All Categories
Articles Resources

Taxing the Middle Class Family Barely Getting by to Pay People Who Won't Work - Won't Work

February 26, 2012 | Comments: 0 | Views: 120

Many people are buying into this class warfare nonsense being purported by various podium pushing politicians coming up for reelection. The reality is; it's all nonsense, even if we tax the 1% up to 100% of their earnings, it would not be enough to make up for the budget deficit which the Obama Administration has proposed for 2012. In fact, it wouldn't even be close, it would literally be a drop in the bucket. Taxing the rich isn't the answer, but these politicians have a sneaky plan B. That is to tax the middle class more by getting rid of tax incentives, deductions, and even raising their taxes.

This thought that we can raise taxes for those making over $250,000 a year, and that that will somehow balance our budget is also baloney. The concept of only taxing millionaires at a higher percentage rate isn't going to do it either. Lastly, taxing the middle class family which is barely getting by to help pay people who don't want to work, is a bad plan, it won't work, it can't work, the numbers are not there. I can recall when President Obama was elected, a football player in the NFL said; "Socialism is great, it's when everyone is rich, not just the wealthy."

Actually, socialism is when everyone is poor, except for a very few who are in cahoots with the leadership. Socialism keeps people down, capitalism pushes people up, especially those who are willing to work and perform. You can't get rich in a capitalistic society without creating productivity; either through your own laborers, or those who work for you. Those who work hard make more money, and those who organize those who work harder and spend more time doing that are also rewarded greatly. In doing so they provide jobs, abundance, and basically everything you see everywhere you go in our society and civilization.

Am I making a political statement that the Obama Administration's plans for America are horse crap? Well, I guess if that shoe fits they are welcome to wear it. It's not my fault they made those policies, or are attempting to control the production, labor, and capital in our free-market system, they have made those policies of their own choosing, based on their own political ideology. It's not my fault of socialism doesn't work, and has never worked in any country long-term in the history of humanity. I have nothing to do with that, I'm just stating the facts, don't shoot the messenger.

America needs to get back to doing what we do best. This sidetrack foray of wadding in the waters of socialism is liable to drown the next generation of Americans in a sea of economic stagnation. That in my humble opinion is the wrong direction, and continuation of such policies is unbecoming of such a great nation. Indeed I hope you will please consider all this and think on it.

Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank;

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Taxing The Middle Class Family


Barely Getting


Pay People Who Won T Work


Federal Tax





The 3 Month Payday Loans is most suitable options for the people who do not possess assets. There are a variety of loan options for the people who are willing to pledge assets against the cash

By: Cameron white l Finance > Personal Finance l July 09, 2013 lViews: 560

For many people, bankruptcy can make their world fall apart. The apparent loss of reputation coupled with the inability to take financial decisions can deter anyone from thinking clearly. But all is

By: noragwilt l Finance > Bankruptcy Lawyers l November 18, 2012 lViews: 304

If you are availing payday loans with monthly payments, it is easy for you to obtain quick money from online lending companies.By getting the best deals of loan, you can save money in terms of

By: Malen Cheks l Finance > Loans l November 16, 2012 lViews: 289

Loans online have become the popular source of income and people can make smart decision of taking it.Now, don’t go anywhere and sit in your home silently. Such deals would bring you money without

By: Marsh Jone l Finance > Loans l November 13, 2012 lViews: 288

Loans for the unemployed would let you feel comfortable with your unstable conditions due to jobless period.If you compare the rates of a few lenders, you would definitely get the suitable lender to

By: kelse roy l Finance > Loans l November 13, 2012 lViews: 467

By taking cash advance for bad credit, it is easy for you to improve your credit status. This loan is useful to relieve financial stress. This loan is totally free from credit verification and

By: Honard Nork l Finance > Loans l November 09, 2012 lViews: 301

So, you just landed a job with a good company on a decent package. The year went fine, and then you saw your colleagues talking about tax planning and filing of returns. But you are totally clueless.

By: Nishant S Agrawall Finance > Taxes Incomel June 20, 2012 lViews: 216

Is there any difference between a credit and deduction? We hear these words almost every day, but what do they mean? Is one better than the other? How can they affect my taxes and my yearly tax

By: Greg J Olsonl Finance > Taxes Incomel May 22, 2012 lViews: 134

There are many ways that people can minimize their taxes, but it often requires a certain degree of planning. Something that planning even need to take place during the and throughout the tax year

By: Greg J Olsonl Finance > Taxes Incomel May 21, 2012 lViews: 149

Why is it that so many Americans living abroad are behind on their tax filing requirements? The reasons are varied and nuanced, but breaking it down and compiling all the various reasons into a few

By: Horace W Reichartl Finance > Taxes Incomel May 15, 2012 lViews: 152

Be it returns, plans or self-assessments; managing tax affairs can often seem complex and daunting. Yet with millions of people unsure if they are paying too much tax, it is important that we are

By: John T Hughesl Finance > Taxes Incomel April 13, 2012 lViews: 169

I also assert that the accountant's copy of the judgment debtor's tax return is discoverable, because of The Internal Revenue Service Restructuring and Reform Bill of 1998 (HR 2676). This bill

By: Mark D Shapirol Finance > Taxes Incomel April 07, 2012 lViews: 213

If you are going to write articles online, you are going to inadvertently increase your critical thinking skills. The reason is simple - because as you are preparing an article you are explaining to

By: Lance Winslowl Self Improvement > Mind Developmentl August 02, 2012 lViews: 302

Back when I was in high school and college I was a spectacular athlete, and I'm not afraid to say so now. At the time, it might not been inappropriate, as it would have shown an inflated ego, but I

By: Lance Winslowl Self Improvement > Mind Developmentl August 02, 2012 lViews: 496

Some say it takes brilliance to solve problems, and that may be so. The same folks will tell us that it takes a genius to not have the problem in the first place. Nevertheless, generally speaking

By: Lance Winslowl Business > Risk Managementl July 24, 2012 lViews: 239

Most people would agree that Mother Nature through evolution has done a wonderful job organizing things. There is a food chain, and cyclical events, and all the while all the species on the planet

By: Lance Winslowl Reference & Education > Naturel July 15, 2012 lViews: 218

A few months ago, I was at Starbucks talking to someone about stocks and bonds, he and his wife had worked hard and were worried about the stock market. They wanted something much less risky. He

By: Lance Winslowl Investing > Stocksl July 11, 2012 lViews: 434

Now then, have you ever wondered what's up with our known, sensed, and observed reality - have you ever considered that it all started with a simple plan, or a simple set of rules, much like particle

By: Lance Winslowl Reference & Education > Naturel July 08, 2012 lViews: 313