A note to President Obama while you’re here in Dayton

Please eliminate the deficit and reduce the debt. Please stop destroying individual freedom with healthcare overhauls. Please stop proclaiming that one person has a right to other people’s work and property.
I would vote for Obama if he would do these things. But, instead I have to vote for someone I do not like in the hopes that they will do some of these things.
I mean I really do not like Obama. I have watched the value of our currency fall, with inflation being caged by recession. That entire “I will not raise taxes on people of xyz”….what do you call inflation? What do think is going to happen as the years roll on after we have dramatically increased the money supply? He has essentially taxed us all.
And the blatant commercials of “Make wealthy people pay more”…………more than the 60% the top 5% already pays and more than the 100% the top 50% of the population pays? Thank Mr. Obama for creating the most divided politics I have seen in my lifetime and placing the hammer on individuals. I am disgusted that I have to vote for a republican instead of wasting it on a libertarian.
 
 

Wow, truddick!!  Way to endorse that First Amendment thing!!  That is so becoming of a citizen.

Since you’re obviously a lot smarter than Robert, can you please tell all of us SPECIFICALLY what “special loopholes” that the wealthy use to reduce their taxes? I’d love to know just how all that loophole stuff works!

Sure it’s true that “people like myself” might pay a larger percentage of our overall incomes in property, sales, excise and FICA taxes.  But we also pay a larger percentage of our overall incomes in food costs, transportation costs, etc. since those costs are often somewhat fixed.  (Yes, I know that the wealthy drive more expensive cars and will eat in more expensive restaurants.  But we all pay the same price for a gallon of gas or a box of spaghetti at Kroger.)  Are you advocating that our grocery bills should be income based?  I actually did have an idiot once seriously tell me that speeding ticket fines should be based on income since a rich person can afford to pay a $150 speeding ticket more easily than a low income person.

And while you’re at it, Professor, can you tell us how much revenue (on an annual basis) that restoring tax rates to the Clinton era rates will raise?  And what is that amount expressed as a percentage of the average deficits over the last four years.

Everything that Robert wrote is true.  If you actually spent some time in private sector instead of hiding in academia, you might realize this. 

(OK, Robert – I’m going to now compete with you for “bozo votes”! LOL ) 

And, once again John comes through with a response that is 90% cut-and-paste from someone else’s thoughts!!  THANKS for sharing, John! :)
 

Dear Barry, your hoax and crime scam worked last time. You forced those of us that keep our bodies healthy and only use health insurance when we are legitimately sick to be lumped in with those that abuse the system. You brought out a fat black kid and pretended that obamacare was for him when it was written to cash out the pharmaceutical corporations and trail attorneys that got you elected. You then got millions more from health insurance companies because you allowed them to keep 20% of our premiums for themselves and made them even richer by making us buy their products. The decent responsible people are no long going to stand beside the racist black people, racist illegal immigrants, USA hating, Jew hating, Christian hating and women hating Muslims, every Marxist, communist and nazi, labor union criminals, lazy government workers, felons, intentional welfare moms, HS dropouts, drug addicts and sexist women that make your terrible political party their home. Long live the republic! Freedom for our people will come!

ECONOMICS & TAXES
This little story about some beer drinkers explains a lot.  A good lesson for our country.
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.

So, that’s what they decided to do. The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. ‘Since you are all such good customers, he said, ‘I’m going to reduce the cost of your daily beer by $20. Drinks for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free. But what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his ‘fair share?’
They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so:
The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now paid $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before and the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.

‘I only got a dollar out of the $20′, declared the sixth man. He pointed to the tenth man,’ but he got $10!’

‘Yeah, that’s right’, exclaimed the fifth man. ‘I only saved a dollar, too. It’s unfair that he got ten times more than I!’  ‘That’s true!!’ shouted the seventh man. ‘Why should he get $10 back when I got only two? The wealthy get all the breaks!’

‘Wait a minute,’ yelled the first four men in unison. ‘We didn’t get anything at all. The system exploits the poor!’

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn’t show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!

And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

David R. Kamerschen, Ph.D. Professor of Economics, University of Georgia

For those who understand, no explanation is needed.  For those who do not understand, no explanation is possible. …you are now free to vote.

You poor free market visionaries. Moloch has enchained you to mundanity. But you’re right. Get the guv’ment off our backs. Dismantle civil society. Commodify everything. Hire Pinkertons to enforce it.
  
What this nation needs is is a good five dollar cigar and more free market fetishism!