Today’s guest blog post has been submitted by a “friend” writing under the nom de plume, Mr. Richie Moneybags Rich:
Once upon a time, back in the 1920’s, there was a lot of new stuff, telephones, movies. A small group of people Everyone was getting cars. Good times. Then the stock-market crashed. Party over for widows, orphans, unemployed all those bums who hadn’t sufficiently diversified their portfolios or got swindled carried away buying on margin. There are always winners and losers, and generally people get what they inherit deserve.
Then that brash, traitor, FDR got elected and declared class-warfare started the New Deal. Suddenly it was freebies for everyone! Even the elderly, people who hadn’t worked in years, could get in social security. Immigrants? Give us your poor,except not too many Jews etc.
To be fair, if he’d done nothing, the commies might have stepped in, but surely the Pinkertons could have dealt with that! Did he have to take things that far? Granted, roads needed to be built, and dams needed to be constructed, but couldn’t he just have handed out nice big juicy contracts to my grandfather’s company negotiated with the private sector? We all know how much more efficient private industry is when it comes to building things and it was, after all, the slaves job-creators who built this country.
Truman tried to continue down the road to creating a stable middle-class socialism with his crazy health-care schemes, but fortunately, Congress could be bought off see his plan could have been designed by the Rosenbergs themselves.. Then that damn LBJ came in and got that garbage Medicare signed, and gave us the Great Society. What’s so great about paying someone else’s bills?
The rich have gotten fed up with all those give aways. Like Alan Simpson said, social security is “a milk cow with 310 million tits.” Who needs it? Not people making millions every year off their investments and paying less than 1% 14% in taxes, that’s for sure. Ditto public education. I mean really, what kind of concerned parent would send his child to a public school in the first place? Why should I pay for someone else’s child to get a sub-standard education? Besides, do you know what they teach in those places? It’s all science evolution and global warming, not to mention their stand on the War of Northern Aggression. Plus, that means I’m paying the salary for some strangers’ kids’ teachers, and we all know how high on the hog those lazy-asses live. If you’re going to resent somebody, it’s those gosh darn teachers, police, and firefighters municipal workers that you should look to. And don’t even get me started on Pell grants and low interest student loans. Sheesh, get a job!
And that’s not all. Even public transportation is supported through taxes! Public transportation! As though I’d be caught dead on bus. Amirite? Bastards even get “special” lanes.
And of course there’s Romneycare the Affordable Care Act Obamacare! Naturally, people are outraged to be paying for equitable healthcare for women some slut’s contraception, but that’s just the tip of the iceberg. Do you have any idea how much it costs when sick people with no insurance just “show up” in an emergency room? How could someone be so irresponsible to choose feeding your child and paying rent over preventive care not to plan for emergencies? Really, there should be a law! Why not just allow people inadequate vouchers to benefit companies I have stock in or pay out of pocket sell their homes? Some total loon nice lady politician out West had a plan for bartering for healthcare and just got derided for it by every news outlet except Fox the lamestream media. And if they can’t possibly refuse to pay for medical care, why treat them at all? If they’d rather die let them do it and decrease the surplus population. I mean it’s not like you can just walk into a supermarket, say “I’m hungry” and get a bunch of free food unless of course you’re on food stamps, IMHO.
To top it off, these “middle income” slackers get tax breaks! Mortgage deductions. What’s that about? Sure if they lose it, so do I, but I’m willing to find other shelters make the sacrifice. Deductions for college savings. Since when did college become something minorities, women, the poor, not our kind of people everyone should have the opportunity is forced to go to? What kind of elitist b.s is that? It’s not like you can’t get a minimum wage or lower off-the-books job without a degree.
Plus there’s even a deduction for state taxes. Why should you get a tax break because you live in a state where you can still find a job with union protection that offers better schools and services? That’s your choice, not mine, buddy.
You can see how all this is patently unfair to those of us who inherited worked hard to get our money. As a job creator in Thailand and China who has saved for a rainy day in the Cayman Islands, I deeply resent paying for programs I personally don’t need and will never use.
I mean, it’s not like I get to deduct for my recreational activities like that horse I took to the Olympics.
What makes it worse is all this petty emphasis on “percentages.” They don’t tell you what it really means. Here’s what it comes down to — if you are supporting a family and I can’t imagine how on a taxable income of $50,000 a year, you’re going to pay about $7,274 in federal income tax. That’s 14.5% of your income, not counting what they take out of your paycheck for social security. And what do you get for it? All those goodies I mentioned earlier. But I don’t need any of that. You, the middle class, are in effect taking money out of my pocket to get services I’ll never use. What if you won 100 million dollars in the lottery tomorrow? Is that what it would take for you to have a little bit of empathy?
Meantime, do you have any idea of what I pay to support your “lifestyle”? No, and I pay people good money to keep it that way. Let’s say, I’m paying the same percentage as you, .085% 14.5% on a taxable income of a modest 50 7 million a year. I’d be paying over a million dollars in taxes if I paid taxes. Can you even imagine what a million dollars looks like? Believe me, it’s very pretty, and in the right denominations can be packed in a carry-on bag if heaven forbid you ever fly commercial. I’m already paying 140 times as much as you are. 140 times! I mean what’s “progressive” about a system where one person pays 140 times what someone else pays?
Sure, some people might argue that a strong middle class creates a stronger market like what happened in America after World War II or all that growth during the Clinton years, and that America is falling behind because we don’t have a first rate educational system and they’d be right, but those are the type of Democrats and anyone even slightly left of Ronald Reagan latte-drinking elitists that forget that America isn’t exceptional because of our entitlements, but rather America is exceptional because we have a very high rate of income inequality compared to other developed countries our Constitution.