TAX THE RICH THEIR FAIR SHARE!!!

By Jack Jodell, July 30, 2011

The country is locked in a devisive and very destructive struggle over restting the debt ceiling and trying to end a decade-long, irresponsible binge of deficit spending begun by the rubber-stamp congressional Reprublicans under George W. Bush and continued by Democrats under Barack Obama. Republicans decry any aid given to needy individuals, be it welfare, disability, Medicare, or Social Security. Democrats scream about reckless and unfair tax breaks given to billionaires as well as corporate welfare given to big business in the form of subsidies and special tax breaks. FAR too many corporations have paid not one red cent in taxes for years but continue to receive refund checks based on dubious and illegal tax dodges they have devised.  Rash and reckless Tea Party extremists, elected by misguided and single-issue low information voters last November, have effectively taken hold of an already far too conservative Republican Party. They are led by the all-too-flamboyant and foolishly delusional presidential hopeful Michele Bachmann and are egged on with the help of disinformation campaigns by wealthy, government-hating libertarians like the Koch Brothers, They steadfastly refuse to raise taxes on anybody and will vote against all attempts to raise the nation’s debt ceiling. In the process, they will DRIVE THE AMERICAN AND WORLD ECONOMY OFF A CLIFF and will ridiculously BRING ON THE HIDDEN TAX OF HIGHER INTEREST RATES FOR EVERYBODY; A  TAX THAT WILL FURTHER BENEFIT ONLY THE WEALTHY BOTH HERE AND ABROAD AND LEAD TO UNTOLD HARDSHIP AND MISERY FOR BILLIONS ACROSS THE GLOBE! It could very well plunge the entire world into a massive DEPRESSION, the likes of which we may fully never recover from! This sick, greedy mindset of total selfish greed and aided by the very narrow-minded and short-sighted Tea Party faction, must be STOPPED DEAD IN ITS TRACKS!

We need to utilize some common sense here, people. Reckless spending MUST be curtailed. Needless subsidies MUST become extinct! The nincompoops like Grover Norquist, Michele Bachmann, and the Koch Brothers must be defeated in their attempt to become reverse Robin Hoods who take from the poor and weak and redistribute it all to the rich and powerful. The answers are right before us. We MUST simply begin to reject their insane ideas and:

TAX THE RICH THEIR FAIR SHARE!
Their greediness and insistence on deregulation in funancial markets CAUSED  the Great Recession which has led to the loss of so many American jobs in the first place!!!

TAX THE RICH THEIR FAIR SHARE!
Their loopholes should NOT mean collapsing bridges for the rest of us, or decaying schools and cities, or potholes in our roads!!!

TAX THE RICH THEIR FAIR SHARE!
Their excess income should NOT be derived from, nor the cause of, unemployment, or the need for the poor, working, or middle classes to have to work two or three jobs just to make ends meet!!!

TAX THE RICH THEIR FAIR SHARE!
If they are going to insist on an easy, ready-made, and highly-trained work force, THEY must PAY for the education it will take to create that work force, and do so with their taxes! After all, as they are so fond of telling needy individuals on welfare, “THERE IS NO FREE LUNCH”!!!

TAX THE RICH THEIR FAIR SHARE!
Most other countries make their wealthiest citizens pay FAR more in taxes than we do here – it is high time er start emulating those other countries!!!

TAX THE RICH THEIR FAIR SHARE!
Feed, clothe, and house the poor. the sick, the elderly, and the handicapped! And give them top-notch medical care, as well!!!!

TAX THE RICH THEIR FAIR SHARE!
There is NO justification for a wealthy CEO to be taxed on his or her capital gains at a rate half that of his or her secretary, or custodian, or the workers who actually produce and sell his  or her goods!!!

TAX THE RICH THEIR FAIR SHARE!
There is NO justification for those who profit immensely off of the wars our soldiers have been dying in to be not paying for those wars with tax dollars! The defense budget should NOT be a money tree for defense contractors!!!

TAX THE RICH THEIR FAIR SHARE!
EVERYONE must bear the cost of our past and future expenditures: NOBODY is exempted for any reason! The very poor meet their obligation by paying sales taxes for the food and other items they buy; working and middle class people meet their obligation through the payroll taxes (income tax) and property taxes they pay; and the wealthy business owners MUST pay taxes on their income as well as the income derived from their businesses and/or investments! NO ONE GETS A FREE RIDE—and the very richest should definitely NOT get a preferential ride!!!

TAX THE RICH THEIR FAIR SHARE!
End ALL loopholes and tax breaks for companies which set up phony foreign addresses for their headquarters just to avoid paying taxes here!!!

TAX THE RICH THEIR FAIR SHARE!
Close ALL loopholes and tax breaks for ANY company which relocates its labor force to cheap, foreign slave-labor markets overseas, and then turns around and sells its foreign-made cheap products back to American consumers!!!

———————————————————————————————————
By following this advice, our massive debt will eventually disappear altogether; our deficit will once again become a surplus; and prosperity will return to ALL levels of the economy, not merely the wealthiest few at the very top! Michele Bachmann herself once accused the President and liberal members of Congress of having an “anti-America” agenda. She was totally wrong! It is CONSERVATIVE members in Congress who are engaging in an anti-American agenda with their refusal to compromise, their refusal to raise taxes or even curtail loopholes, their insistence on borrowing to run very expensive and imperialistic foreign wars, and their laissez-faire approach to economics, all of which is bankrupting the country, decaying our infrastructure, and funneling all money upward to the hands of a very few economic elite!

GET THE MESSAGE, TEA PARTY EXTREMISTS AND ULTRA-CONSERVATIVE REPUBLICANS? TAX THE RICH THEIR FAIR SHARE, OR SAY GOODBYE TO THE UNITED STATES OF AMERICA, THE COUNTRY YOU PROFESS TO LOVE!!!

About jackjodell53

I am an American Dissident trapped in a country where poor and middle class people are constantly being exploited and lied to by a very rigid and conservative plutocratic elite. I believe in government OF, FOR, and BY the people, not one controlled as it now is by corporations and special interests.
This entry was posted in commentary, conservative Republicans, corporate greed, hidden corporate tax on the people, news, Politics, Progressives, taxes, Tea Party and tagged , , . Bookmark the permalink.

23 Responses to TAX THE RICH THEIR FAIR SHARE!!!

  1. davisoftheapes1 says:

    A 15% flat tax would be “fair.” Fair to the rich, fair to the poor, fair to the ‘middle lower class’ like me. Close all loopholes and shut down the IRS. John Linder and Neal Boortz have created a very, very good solution to our problems in the grassroots campaign to implement “The Fair Tax.”
    It already has a built in “pre-bate” for money to be distributed to persons making a set amount and who can’t or won’t compete in the marketplace. Since there would be no incentives to move production of goods overseas, our coffers should overflow.
    From your article, I can’t see where you are cognizant of the fact that “the rich” will simply decline to participate if they are taxed too much. This is already occurring with new businesses and current business growth stagnant or declining because of Obama’s harsh, imperialistic, wealth redistributing regulations on small business.
    Walmart, Krogers, Exxon and Mobil Oil don’t pay taxes. We do. Increase their taxes and they will simply increase prices. There’s no way in hell that they will withdraw funds from their offshore accounts, dividends, etc. to pay a tax increase.
    I would be happy simply to see mandatory drug testing for all welfare recipients between the ages of 18 to 80.

    • jackjodell53 says:

      While I have ceased to be a fan of Obama, I must take exception to your characterization of his supposed “harsh, imperialistic wealth redistributing regulations on small business.” And I couldn’t possibly disagree more with your assertion that all welfare recipients should be subjected to mandatory drug testing, or that we should all just lay down and accept whatever big multinational corporations want to do to us simply because they won’t pay taxes. These bastards WILL pay taxes, or soon there won’t be a big prosperous American market to sell to anymore! Good day, sir; I am one who does NOT take “no” for an answer!!!

    • jackjodell53 says:

      Truepatriot,
      Thank you for your comment and for stopping by. I agree with you entirely. Your logic and fact are sound and cannot be denied.

  2. mudrake says:

    Exactly so, Jack. You and I and the readers of our blogs understand this, but it beats the hell out of me that there are so many others out there who have fallen for the lie that the rich ought not be ‘scolded’ [taxes] because if they are, they will close down their factories. That idea has had a life way-too long, yet people still believe it. Of course, Boehner, Cantor and McConnell say it in every press conference they give.

    When will that lie finally be put to rest? When will The People finally realize that they have been hoodwinked? The money that the rich have is not going into factories here in the U.S. It is being nicely managed by Morgan Stanley Smith Barney representatives that find off-shore investments much more lucrative than any here in the States.

    The People have got to understand that ‘the rich’ don’t give a damn about The People. They, like the aristocrats of empires long past, look out for themselves, not the peasants.

    • jackjodell53 says:

      mudrake,
      What you say is regrettably very true. But I think people’s eyes are starting to be opened, and more and more are starting to see that a tax increase on the piggish rich does not necessarily equate to a loss pf jobs.

    • jackjodell53 says:

      And a very good comment it was! Just click roundtree7 on my blogroll and look for the comments on this very same article which I have posted over there too.

  3. Ron says:

    I am a third generation electrician and staunch Democrat to boot. My Grandfather’s Great Depression weary, advice, was this: “Never, never vote Republican. If a dog and a Republican were ever in a political race, always vote the dog. A vote for a Democrat is a vote for a job. A vote for a Republican is a vote for hard times. The way to pay off the National Debt, is to employ every able bodied American in a good paying job. The taxes collected will more than pay for all our infrastructure. It’s only when the ship gets top heavy, that it begins to capsize. A good, strong middle class is the best ballast in a storm.” My Grandfather was a wise man…..

    • jackjodell53 says:

      Ron,
      Thank you for stopping by. Your grandfatherwas indeed a wise man, and so are you, sir.The rich will always find a way to look out for themselves. Because they won’t do it, it’s up to all the rest of US to look after OURSELVES. And we can best do this by NEVER VOTING REPUBLICAN.

  4. Lisa G. says:

    The reason we had a surplus under Clinton was because the tax rate on the rich was 39.6%. That’s 5 points higher than it is now. The Bush tax cut was supposed to be temporary, so restoring the Clinton rates would not be a tax increase. In addition, a flat tax hurts the poor, just like sales taxes do; unless we provide an exemption for a family of 4 making $80K, Then graduated rates from there. However, the rich would pay less than they do now. It is an unfair way to tax people. Plus, the rich have many more loopholes that only apply to them. In the 1950”s the top tax rate was 90% and no one complained then. Now they are getting away with 32% and the only way out of this recession is to tax them more; in fact, if you ask them, most of them want to pay more (Warren Bufffet as an example), to help out the deficit.

    Bush put 2 wars, the tax cuts and Medicare part D all on the Chinese credit card and off the books. When Obama put these all back on the books, the American people were shocked at how much the owed. There should be a law that every penny we spend goes on the book and is not hidden from the American people. When Clinton left office, we had a $200B surplus that year and were well on our way to paying off the debt. Bush spent like a drunken sailor and unfunded all those things above, putting us in the hole that we are in.

    American companies will not leave if we tax them more. Don’t forget that GE, one of the largest congomerates in the country doesn’t pay taxes either. If we took their loopholes and tax breaks away, they too would pay taxes. There is no reason for the oil companies to have a subsidy – they make billions in profits every quarter. A few less billions would not hurt them. The same goes for large farming corporation that receive ag subsidies. You should only qualify for an ag subsidy if you make under $100k a year. These people are all cooking the books thanks to the tax code.

  5. Good post, though I make the case a bit more strongly that the “rich” actually USE more government than the poor, than you did in your post.

    I also noted “education”, subsidies and “the military”, but you overlooked an SEC that protects their investments, more cops and firefighters needed to protect their bigger homes and businesses, paved roads carry customers & employees to their businesses, not to mention the bailouts that make “welfare for the poor” look like a rounding error.

    THE RICH USE MORE GOVERNMENT THAN THE POOR. THEY NEED TO PAY FOR IT.

    • jackjodell53 says:

      MugsyRapSheet,
      Thank you for stopping by and for adding to the reasons why the rich must pay more in taxes! Very well stated, and undeniably true.

  6. jackjodell53 says:

    Lisa G,
    As usual, you and I, both practical and pragmatic people, see eye to eye on all of this. The Bush/Cheney regime were masters at crooked accounting practices, and that explains their use of the Chinese credit card. If these spoiled brat conservatives would only listen to reason (and eventually they’ll HAVE to come to grips with reality), they will realize that a tax increase CAN, WILL, and MUST occur! And I agree the “fair” tax isn’t fair at all. Just another overly simplistic so-called solution that will actually continue making the rich richer.

  7. drgoldedne says:

    The best way to tax the rich is to take the cap off of social security and medicare. This would not only protect medicare and social security fortever, it would take what is now the most regressive tax in history and make it fair. If those individuals and their companies had to pay and additional 6.2 percent on their incomes above the cap, perhaps we would see salaries and bonuses going down and income disparity reduced. You could probably reduce the payroll tax rate for everyone as a result. There is no justification for the cap. It is absolutely the reverse of progressive taxation where ability to pay is taken into concern. Off with the cap!! This should be our rallying cry.

    • jackjodell53 says:

      drgoldedne,
      Great idea. Clearly, SOMETHING has to be done about the way the rich are gaming the tax structure to favor them!

  8. If you want to “see salaries and bonuses going down and income disparity reduced”, it will take more than removing the cap on Social Security (there is no cap on Medicare). You need to increase the top income bracket back up to 90% like it was in the 60’s. Salaries were much smaller and executives were given bonuses in company stock which gave them incentive to help the company be profitable rather than themselves personally. Everyone in the company benefited, not just the top executives!

  9. Jack, well said throughout, and you’re right on every point.

    drgoldedne wrote: “There is no justification for the (FICA) cap. It is absolutely the reverse of progressive taxation where ability to pay is taken into concern.”

    Although Republicans want to, and sometimes try to frame Social Security withholding as a tax, it’s not. It’s an insurance payment. The money goes back to the insured when he or she retires, with interest. It’s important to keep this distinction clear, especially in a time when Republicans are trying to turn SS over to Wall Street.

    On your point about raising the cap, you couldn’t be more right. Sen. Bernie Sanders says raising it to $250,000 would ensure SS could meet all its obligations for 75 years.

  10. It’s a really fine post Jack. After last night… I feel a double down on the sentiments I expressed over at RT7. I think we need, Mr. Olbermann suggested last evening, to make use of the great tool we have in global consciousness and demonstrate, INFORM, opinionate, ORGANIZE… and to that I’m suggesting that we organize a ‘citizen’s strike’ …. hit ’em in the pocketbook and they’ll fall thunderously in amazement and fear of the PEOPLE …. all this capitulation wears a patriot down. Don’t it?

    • jackjodell53 says:

      Gwen,
      I agree, and I thought of you during Keith’s Special Comment last night. We may as well strike; hell, half of us don’t have any money left to buy anything anyway! And yes, this patriot, just like you, is worn down, but still FULL OF FIGHT!

  11. Donald Eckhardt says:

    No man should receive a dollar unless that dollar has been fairly earned. Every dollar received should represent a dollar’s worth of service rendered – not gambling in stocks, but service rendered. The really big fortune, the swollen fortune, by the mere fact of its size acquires qualities which differentiate it in kind as well as in degree from what is possessed by men of relatively small means. Therefore, I believe in a graduated income tax on big fortunes, and in another tax which is far more easily collected and far more effective – a graduated inheritance tax on big fortunes, properly safeguarded against evasion and increasing rapidly in amount with the size of the estate.
    – Theodore Roosevelt, speech at Osawatomie, Kansas, “The New Nationalism” (August 31, 1910)

    • jackjodell53 says:

      Donald,
      Thanks for stopping by and for sharing that great quote from Teddy Roosevelt.Too bad today’s Tea Party extremists and conservative Republicans don’t see the world in the same way as the great Teddy R did!

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