Posts Tagged ‘republicans’

Why are Transgenders, the LGBT Community, and Feminists Democrats?

Tuesday, April 26th, 2016

What is One Reason to Vote for Each Candidate?

Monday, February 1st, 2016

What Now Republicans? Kick Your Own Ass!

Wednesday, November 12th, 2014

What is the Clearest Difference Between Democrats and Republicans?

Friday, October 31st, 2014

Why is Every Election Law Voter Suppression?

Thursday, October 30th, 2014

Income Inequality – Who Wants to be a Millionaire?

Sunday, February 16th, 2014

Why Do Republicans Hate Women, the Poor, Elderly, and Others?

Sunday, January 12th, 2014

How Dumb are Republicans on Obamacare, Government Shutdown, and Debt Ceiling?

Thursday, September 26th, 2013

Why are Democrats and Republicans WRONG on Capitalism, Income Inequality, and Taxes?

Thursday, September 12th, 2013

Republicans preach capitalism and the liberals say, “oh no” that’s what creates this income inequality. We are now moving into the fall when the government is going to be having all these economic issues. They will be throwing things at each other, and you know what I believe? I think they are all clueless.

The government can’t do a thing about capitalism and I don’t think they can do much about income inequality. The one thing they can do is set the tax code. They can make necessary changes that will improve all of our lives. That they will probably not touch.

Let me give you an example of how crazy the tax system is. Let’s take a lady making $50,000 a year. She is single. Now with that money she has to provide a place to life, transportation to and from work, and clothes to wear. She shows up five days a week eight hours a day for that 50 grand. She is not going to come home with much.

Guess what the government is going to nail her with? The Federal government is going to tax her at a rate of 25%. If she lives in a state like Illinois you can add to that another 5% for state income tax. She will be paying a total of 30% of her income to taxes. So she will not be buying things she needs. Not being a real good consumer because she has to pay the government so much.

Let’s look at another guy. He is wealthy. He’s got a million dollars to blow so he invests it in municipal bonds at a 5% rate, or there about, he would make the same amount of money as our lady friend, $50,000. But here is the difference. He will not have expenses like transportation to go to work cause he will not do any work. He will not produce anything or serve anyone. He will not need to buy clothes for work. It is totally expense free.

Guess what his tax rate will be on his income? Ready for this? 0%, he will not pay a penny in taxes because municipal bonds are exempt from income tax. Well isn’t that a great system? Doesn’t that make things work really well? I hope you realize with me that that whole thing is BS. Our entire tax code is so unfair, so burdensome, it is pathetic. And we as voters and citizens need to make a statement. It is the one thing our politicians can do. And that’s change the tax code. I gotta feeling though, It will never come up.

Is There Still a War On Women?

Tuesday, August 6th, 2013