Showing posts with label taxation. Show all posts
Showing posts with label taxation. Show all posts

01 August 2012

You Didn't Write That


Can you imagine if someone told you this about something you wrote, a creation that came from your hard work? But, someone allowed you the time to write, gave you an opportunity to lock yourself away so you could produce that piece of work. Someone helped you along the way, somewhere. That's THEIR book.

You have to understand this concept, don't you?



I'm going to jump on the bandwagon here. This post is inspired by Obama's unpopular speech in Roanoke, Va. My husband was born there and he grew up there so we watched intently. Did Obama really say that? "That business, you didn't build that. Other people did, tax dollars built that."

Okay, let me calm my mother down. She's fixing to turn over in her grave. Wait, she's in an urn on my mantle. Forget that.

Let me explain.

My mother didn't speak a bit of English when she came to this country after marrying my father. She raised us kids and was a stay at home mother. However, when my parents' marriage went on the decline, my mother decided she had to work and make her own income. My father eventually left her for a younger woman and she had to work two other part time jobs in order to take care of three children.

The restaurant where my mother worked allowed employee discounts on food, so we ate a lot of Japanese food and my mother saved up enough money (over a period of 5 years) to purchase the restaurant. She worked at her own restaurant as a cook because this helped her to keep the business running efficiently and cost effectively. She owned her business for 25 years, until she developed cancer and died in September of 2006.

Did she build this business? You're damned straight she did!

Did she drive to work on roads built with tax dollars? Yes. Did she PAY taxes? Yes. So, she paid tax dollars that built roads she used to drive her ass to work, to HER business.

Sorry, mom. I promise I won't vote for this man!

02 February 2012

My Guy Mitt

by Diane Carlisle


My fellow blogger, Under Cover Waitress, posted about paying taxes on tips and because I am thoroughly entertained by her posts, I pay particular attention to every word. So, you can imagine my angst when she calls out my guy, Mitt Romney, for only paying 15% in taxes as revealed by the release of his tax return. You know I have to defend my guy. After all, I voted for him! Go Florida! By the way, I'm so happy to have been a part of the republican primaries, and the volunteers had an awesome display of goodies to feed us voters.

Back to my rival blogger. She is correct; Romney only paid 15% of his income. He is not currently employed though, so his only income comes in as capital gains, and 15% is the going rate. He invests his money. Why...that BASTARD!

Listen, if all these rich guys didn't invest their money and instead put it all in a safe in their houses, where do you think we'd be in this economy now? Sure, they wouldn't make any money on it, but they wouldn't be risking the "loss" of it either, especially with the economy as volatile as it is these days.

When rich people invest money, they earn money. Isn't earning money a good thing? Or has America become a country that doesn't believe that people should earn money? Besides, he was already taxed on the money he earned, which he now invests. The more you invest, the more you earn, and therefore, the more you pay taxes. Who's getting screwed here? And the guy still paid millions of dollars to charities and 10% of his income to his church.

Earning money is something we all strive to do. Some of us do it smarter and some of us don't. The person who sits at home collecting unemployment because the pay is more than he'd get busting his ass making minimum wage is smart. Sure, he's pissing me off, because my tax dollar provided the program which allows this to happen. Now, my guy Mitt, he's making money off the money he already earned. Nobody's tax dollar is contributing to his ability to do that.

I'm no Mitt Romney, but I think he understands the consequences if he chooses not to work his assets as best for him and his family as he can. That means no wasted opportunities for growth. Don't you want someone like that looking out for America as a whole? Or would you rather the government take risks and gamble with our tax dollars and leave the mess behind for our kids to cleanup?

We need to stop electing people who want to spend our tax dollars "unwisely" and we need to stop worrying about "fair" distribution. Nothing is ever fair. It's not fair that someone in my family got back more taxes than they paid in. It's not fair that we have people going hungry every day, who have to go to soup kitchens that operate off charitable contributions made by people who earn money and pay taxes.


Middle class
$150,000.00 x 35% = $52,500.00 (thousands in taxes)

Wealthy class
$21,000,000.00 x 15% = $3,150,000.00 (millions in taxes)

How is that fair? But, he paid it, right? At least he didn't "forget to pay" his taxes like some politicians.

Let's discuss. Do you believe that top wage earners should be taxed a higher percentage rate? If so, why?

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