Our Money, Mr. Obama, NOT Yours!

Posted on July 13, 2012 by admin

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13 Responses to Our Money, Mr. Obama, NOT Yours!

  1. goon48 says:
    July 13, 2012 at 9:42 am

    You want to be “fair”, Mr. Obama? Then make the 50% of the people who pay no federal tax at all pay at LEAST a token amount for the services that they receive. It is NOT the duty of taxpayers to supply you with a never-ending supply of their hard-earned income.

    This is the problem in the minds of the socialist – we work for the state – not our selves. That mind set needs to be changed.

    • Syrin23 says:
      July 13, 2012 at 10:49 am

      It CAN'T. Read posts by liberals in the comments of these sorts of articles. They have a permanent employee mentality. They truly believe they are "entitled" to $100,000 a year with minimal skills for showing up 4 days a week from 9-2 and demand 12 weeks vacation. it's a laziness, sloth parasitic mentality that pervades their entire culture. There is NO understanding of what it means to be a business OWNER or creator. That's why they can't understand the impact of t taxes, what the term "capital" even means, what risks are, etc. An employee has NO risks. Just show up and get a check. Furthermore, they believe that maintaining the revenue stream of the gov't is more important that trying to create wealth for all citizens. The only "cure" for this is a purge of liberalism from society at large.

      • Deusexmachina says:
        July 13, 2012 at 10:54 am

        Sadly, hitting bottom may be the only way this might happen….

        • Syrin23 says:
          July 13, 2012 at 12:04 pm

          Is there an alternative? The great liberal purge, the great re-set, AR 2 will be the only way that I can foresee.

        • Canadianlady says:
          July 13, 2012 at 12:37 pm

          I believe that the Progressives are deliberately bankrupting America, using the Cloward Piven strategy. I believe this is being done as part of a globalist agenda, which will result in world wide socialism and one world government. In a system like this, there will be the ruling, privileged class, and the poor workers. Without the US on board, the globalist agenda will be thwarted. This is why America cannot be allowed to hit bottom. If this happens, it's game over. The November election is a fight for your lives.

  2. BronxZionist says:
    July 13, 2012 at 10:56 am

    "So in other words, you really don’t own your money?"

    You own your money.
    If you want it buried with you, then you do not have to pay taxes on it anymore.
    If someone else gets it, then they did not own that money and so must pay taxes on it.

    Or do heirs, whoever they may be, automatically own the property of whomever they expect to receive it from?
    Do they have the right to restrict the use of that property by the current . . . well, clearly not owner, caretaker perhaps? There have been cases like that. How far should that be extended? Maybe children can refuse to allow their parents to spend money on healthcare after a certain point, that would certainly solve a lot of things economically and for the budget when it gets extended to social security and medicare.

  3. Joseph_of_Steel says:
    July 13, 2012 at 11:07 am

    The CBO released the numbers yesterday:

    2001- the Top 20% of earners paid 81% of total income tax revenue
    2011- the Top 20% of earners paid 94% of total income tax revenue

    So, after the Bush cuts….the top earners paid MORE.

    This fully exposes that Obama's fair share screed is a LIE.

    And further, it exposes that the problem is NOT that we don't generate enough tax revenue:

    IT'S THAT THE GOVERNMENT SPENDS TOO MUCH.

    and, btw….I think someone needs to explain Pareto's Law to the leftist. An approximate 20-80 distribution is the norm in economic matters. To mess with the distribution is to destroy the system's ability to produce its expected output. And that is why socialism ALWAYS fails.

  4. ret_cpo says:
    July 13, 2012 at 11:08 am

    The only way we will ever be free of increasing taxes is to make the need for the revenue to go away. We are increasing federal government jobs at an alarming rate when we should be cutting government programs and departments. The unemployment rate should skyrocket for a time as many of the government workers would be laid off and be made to search for employment in the private sector. At the same time with if all the progressive taxes eliminated, more jobs would be available in the private sector.

    Progressive income taxes are unfair. Tax rates should be across the board at a flat rate or eliminated and a consumption tax take its place.

    Death taxes are unfair no matter how you look at it. Where I live there are many people that own land that has been passed down through families. Many time people have to sell some of their land just to pay the inheritance tax.

  5. Joseph_of_Steel says:
    July 13, 2012 at 11:11 am

    I have a fair understanding of economics, no expert…but I did minor in it back in college……so I have had more than the average share of instruction.

    Question:

    Obama wants, in return for cutting some spending, increased taxes….he calls it a 'balanced' approach.

    If our problem is that the government is over leveraged in debt…..how will cutting some spending…..and then replacing those cuts with MORE money to spend reduce the debt?

    There is ONLY one reason to demand tax increases in return for cutting spending:

    You don't intend to cut spending.

    End of story.

  6. Joseph_of_Steel says:
    July 13, 2012 at 11:12 am

    “you’re dead; you’re not paying the tax.”

    Interesting point of view for a Dem……considering that Dems believe you have the right to VOTE after you die!

  7. tiredofit2012 says:
    July 13, 2012 at 3:20 pm

    Yes it is our money we earned it and frankly I for one am tired of handing it over for the gooberment to use for those who won't work, illegal aliens, pork barrel spending, green energy that isn't ready for a doll house let alone prime time, and foreign countries that hate us. Back to the 18 Enumerated Powers and pass a balanced budget and live within your means like the rest of us are forced to do.