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MasterCord -> RE: The Fallout from the Financial Crisis April 8, 2010 (4/14/2010 3:13:24 PM)
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The "wealthy" already shoulder most of the tax burden. I worked damned hard for my money and that includes to this day 100 hour work weeks. So you bet your ass I want to KEEP a good part of what I earn AFTER I pay the salaries (...good salaries at that with lots of benefits ....) to the people I employ, the bills to the various vendors and suppliers I use locally, and internationally, and the state, federal and local taxes. That money comes out of MY pocket. I pay 100% of health care costs for half my people, and the rest 70%. I pay people when they are out sick or when their child is sick and they need to stay home, with no limit. They get large bonuses every year and quarterly they receive a gift card to spend as they like. I paid over $20k to immigration lawyers, federal fees, and assorted air and hotel bills to get one of my engineers into this country LEGALLY. I pay 100% of costs for any employee to join a local gym/health club. I have bene generous in helping people with added money when they bought a house or when they needed a new car. My employees will have a cash benefit for every order we get for one of our new products. Why? ...Because they helped make it happen. So I don't want to hear about tax the wealthy. Those of us who are blessed fiscally for the most part work extremely hard and we provide for our communities, our employees and our families. I give often to charities of all sorts. Why should I NOT be rewarded for hard work? What is the incentive for me to work all these hours and support all these people ....if the government is going to take most of what I earn away? Alturism? How much more altruistic can I be? No one seems to ever answer that one......
As for the people who think it's a lie that it takes hard work to be "rich"....for most upper end wage earners in the country it takes hard, hard, hard, long effort and if I choose to pursue a life that brings me higher income, so what? You want people to not pursue a higher income.....go to Cuba. You'll love it there. I resent someone telling ME it takes no work to earn money in this country and the rest of you should get access to it. Don't you dare to tell me that my income does not provide for other people who work for me, who supply my business, who live in my town, who live in my state and my country.
I put in the time, I put in the effort, I used what little money I had and I built a successful business from the ground up. Through it all I gave my family a home, I helped raise two kids who turned out really well and are a source of immense pride for me..... and I contributed things to the world of considerable value in and of themselves. Things that increased safety in the movement of hazardous cargoes, saved lives and helped lower fuel consumption. I DESERVE the fruits of that effort. Even as I type this I am on a break from the 11th hour I've put in working today and I have 5 more to go.
I apologize for the angry rant....but there is nothing worse than working your ass off for decades only to watch some people spout nonsense that attacks you as if you're some sort of demon.
MC
quote:
ORIGINAL: Brain
I really don't care if a president bows in order to be courteous and respectful but I would like a president and a political party that has the courage to increase taxes on the wealthy in order to balance the budget.
They said in the interview we face a candor gap; too few politicians are making the difficult choices to ensure American prosperity in the future.
It was nice to hear somebody tell the truth about what needs to be done to straighten out the economic mess.
Ideas in Action
The Fallout from the Financial Crisis April 8, 2010
Jim conducts a one-on-one interview with Robert Samuelson regarding the financial crisis and what Samuelson calls a "massive candor gap" from U.S. politicians on the consequences of continuing huge federal spending and running enormous deficits. If there is no honest accounting today, draconian tax increases and spending cuts will be needed in the future, affecting the quality of life our children will lead.
http://www.ideasinactiontv.com/
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