November 3, 2010

Midterms 2010

GGGGRRRRR!!! I hate when politicians (ie Whitman) run on taxes as if they are talking to most of us. Payroll taxes are 33%... period! How many of you own enough stock to cash it out for a million bucks when you feel the need? probably none of you... when rich people do that it's taxed at about 18% those are the taxes (capitol gains taxes, estate taxes, etc) that will be raised. Unless this applies to you, don't freaking worry about taxes.

It's not "big government" that is a problem for us regular folks. It's the big corporations getting away with whatever they want. And cutting their taxes only protects their profit margins, not create jobs. If you tax them fairly they will hire more people so they have enough productivity to make up for their tax "loss".

If corporations and rich people would pay more taxes it would be enough to actually help the people. As it stands now, 33% of $60,000 (a regular person's yearly salary) is a hell of a lot less than 33% of $1 million, and that means the state/country can barely make ends meet for the public good.

A McCain win would have been worse for us. At least there is someone in there thinking about the people. However, the Republican machine in place keeps blocking good things that could be happening. My frustration w Obama is more that he doesn't put the smack down (like Bush did) and say "this is how we're doing things... period.

Sorry for adding a lesson. But it needed to get out.