Sunday, September 26, 2010

Shut up Stupid Sunday: Whiny Rich People

1% of the population in this country make roughly 25% of the income, now they are hitting the MSM protesting that raising their taxes 3% is horrible because they already generate 23.5% of the tax revenue.

They feel it is totally unfair for someone making over a million dollars a year to be taxed at nearly the percentage as someone making $90,000. 39% for the top 1% in the proposed tax plan vs. 25% federal + 13% Social Security + 1.5% Medicaid/Medicare = 39.5%

I was planning picking on the comments some of them have made like how it costs more to be rich because their jet uses more fuel than my Sentra and having to maintain several homes is so damn costly, but I think readers of this blog can see the stupidity in those statements for themselves.

A lot of what I was planning to cover in this post was covered here:
The End is Always Near: Killing the Golden Goose.
It’s a really good, if a little long, post on why the current income inequity in America is so bad for the nation.

Instead of just paraphrasing that post I’ll just wrap up by saying to the top 1% of the population that makes 25% of the income and moans about having to pay an additional 3% on their taxes, “Shut up Stupid, That rate is the same it was in the 90s and less than what someone making $90,000 a year pays.”

By Darrell B. Nelson author of Invasive Thoughts


Shakespeare said...

Besides, they only have to pay social security on the first $102,000 they make. The other four billion doesn't get taxed.

They only reason they feel they can complain is all of their friends are in congress, looking after their other interests.

Stephanie Barr said...

The inequity has not been so bad since the 1920's. I'm not the only one who's noticed the "coincidence."