Monday, April 16, 2012

Fair Taxes?

Read about Dems pushing for "fairness" in tax rate. That's Robin Hood speak for, "Steal from the rich to pay for even more lame brain gov't spending." Is it a "secret" that families earning between $50,000 to $100,000 a year average less than 9% in actual taxes paid or is this politicians and media being deliberately obtuse? Without itemized deductions of mortgage interest and taxes, charitable contribution, etc., we probably would pay our full 15% tax rate, but the reality is - we don't. My fear is that if the Dems succeed in taking an additional 25% or so from the rich to pay for an even bigger government (you do realize none of this extra revenue will go toward paying off our debts), then the middle class is next.

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