Friday, July 27, 2012

Fair Share? Where? How?

If I hear the President use that term "Fair Share" one more time my head is going to explode. There are so many explanations he needs to give Americans about his theory of "Fair Share".

Does it mean that if I net more money than my neighbor each month that I should just walk over and give my neighbor some of my money to help them out? Does it mean I should walk around my neighborhood offering to pay some utility bills for my neighbors? Is that what you mean by "Fair Share" Mr. President?

Maybe the ultimate of "Fair Share" means all Americans should send ALL their money to you Mr. President, and then you will dole out all money evenly, so that all Americans will be assured of  a "Fair Share". Is that what you mean by "Fair Share"?

One of your methods of "Fair Share" is to raise taxes on any single individual grossing over $200,000 per year and raise taxes for any family grossing over $250,000 per year.  The total yearly revenue from these raised taxes will be $85Billion a year. With a $16Trillion deficit, and your spending in excess of $1.5 Trillion a year the revenue from this will help you for about eight days. Hooray for raising taxes to help our government for eight days. Again I ask Mr. President, is that your definition of "Fair Share"?

Mr. President has your advisers informed you that less than the top five percent of Americans pay ninety-five percent (95%) of all income taxes.  So in this recession, and when the GDP's latest growth is 1.5% you proclaim the answer is to raise taxes. Yes, that certainly seems like "Fair Share" to us Americans.


Mr. President, please be logical. You do not raise taxes of any kind on any income group when you are in a recession period. 


By the way Mr. President, where is that taxed money going to continue to come from?  Did you know the top gross earning in the U.S. by people making more than a million dollars a year has decreased by 36%? By the same token welfare/unemployment/food stamp distribution has increased by 14% this past year. This begs me to ask you again: Where does the revenue you want going to come from? Is that your definition of "Fair Share"?

Can we agree, Mr. President, that no one on unemployment/welfare/ or food stamps ever created a job? Yes, I know you'll at least to agree to that. And if our GDP and unemployment stays on this path, you must agree there soon will be no entitlement funds for those on welfare/unemployment/ or food stamps to explain your theory of "Fair Share".

I would just like to ask you, Mr. President, or any of your supporters,  to explain to me how this logic works; raise taxes in a recession period to stimulate our economy for job growth. Does that mean the U.S. just keeps fairly sharing until we become Greece?

Now here's a novel idea. Drastically reduce corporate taxes on those large, medium, and small 
businesses to encourage them to invest and create more jobs. Offer incentives to increase investments of all businesses. Doesn't that make more sense than your great idea of "Fair Share"?

No matter how you approach this, and no matter what your tele-prompter says, if you don't have a plan(s) to hire more people, and get people off welfare and unemployment, and CUT 
Federal spending we will never recover from this bad economy, and create more jobs.

Mr. President, that's what you call "Fair Share" for all Americans.

And that's Politics with Pete for today......God Bless our troops.

 





 

No comments:

Post a Comment

I welcome all views, and am open for discussion, but will not tolerate personal attacks