TAXES 101 ...... Republican or Demacrat
Here are my thoughts on taxes. I am going to give an example and my thought process. Pardon Spelling and grammar.
Ok you have 3 people and one corperation. The 1st makes 50K a year and goes about his or her business every day trying to make a live.
Next you have an indivisual who makes 1 million dollars a year and lives quite comforably.
3rd you have a corperation that makes 500 million a year or more.
I have a 4th but that will come later.
Now lets say a road need to be built or America has to go to war.
This will cost us a lot of money. Who deserve to pay for it...... each of the 3 equily? I say no. It can't work like that. Now you say what if tax rates were equil for all of us. The one the makes 50k ends up paying a lot less even though he or she is paying the exact same rate. Lets use 20% for example? For the most part I am going to agree with that.
Now I am going to add the 4th. This person is laid off.....has a disablity or something that makes him or her unable to work or generate an income. What do we do about this? Do we help him out? I would if possible. Now lets say I am the one making 50K.....can I aford to. Not really. If I was the one making 1 million or more. I could help out a little more and live a little less comfortably and feel I was making a difference and helping someone out. Now I am the coperation making 500 million a year. I know I have plenty of money. I should be helping out the less fortunite. Everyone should be helping if possible. Come on. Now will it kill the coperation to pay lets say 30% instead of 20% to help the needs of someone or the nation? Everyone with a heart should say that is the way it should be. Does the corperation throw in extra money? No. Does the millionare? NOPE. Does the person making 50k? Nope he can't afford to even if he wanted to. So this cant be valintary. It has to be put into law. Other wise NO ONE will help and that 4th will just suffer. That is why I vote Obama. Both sides have good ideas but when it comes down to it in my mind cutting taxes on the rich makes no sense. Hey the Dem. want to spend way to much and be to involve but I say we need a DEM. president, DEM. congress and a majority on REP in the senate and all work to together for the good of the nation. I would say they did that REP and DEM with Simpson Boles. Which should have been taken to a vote and passed. Both parties came together on this and did a terrific job. At least vote on it! All that work for nothing? That is a crying shame. Shame on both parties!