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Showing posts with the label fiscal cliff

Just write a check!

I am very, very dismayed at the current state of affairs in Washington, especially concerning the budget. I have posted on various other times about our need for term limits (the House of Representatives was set up with two year terms for a reason - rollover), responsible elected "leaders" that will make tough decisions, and responsibility from the elected and the electorate. If you have an interest in my thoughts on these matters, dig around the archives here. You might find a surprise or two anyway, this blog is VERY eclectic. The current issue of the budget and the idiotically named "fiscal cliff" arguments are extraordinarily annoying. First, the much touted 'fiscal cliff" was created by the politicians that are whining about it now. The great gnashing of teeth that is taking place amongst the members of congress and the news media is ridiculous. The "cliff" was created by the inability of the elected to do anything about the actual budget p...

Tax those suckers good!

I have put off posting for so long I thought I would do one this evening. As I have mentioned before, I have not had a lack of ideas, but too many. I was going to do politics (and some will consider this politics, but I am talking "pure" politics - this is political, but not politics), but I have done so much of it in the past that it would be redundant. I ask you to go read some of the from 2008 and 2010 if you wish to know more. They all still apply. This post is about the idiotic notion that is out there about taxing the rich, and how they are not "paying their fair share". I have done posts about this subject in the past as well, but I think this is a bit of a different take on the subject. Why "idiotic"? Here are some facts - as you should know (and again, I have posts on this prior to this) the top 5% of people based on income pay over 50% of federal income taxes. The top 1% pay over 35%. Now, they have a large percentage of the income, so maybe ...