Thursday, October 27, 2011

Taxing the Rich

    Would it surprise you to learn that you are paying the taxes of the rich?   Even you on minimum wage, or on welfare! Yes, you.   The taxes Congress promised to raise on “The Rich”.  Those e-e-evil  “Rich,” who make over $250,000 a year.  These are  often small businesses, so that taxes are a ’cost of doing business‘.   You are paying these taxes,  which grow  whenever  Congress  makes a big show of making them “pay their fair share“.   
    You say, “That’s crazy! I don’t make enough to  pay income taxes even on what I earn.  How do you figure?”
    How many times a week do you buy a loaf of bread, a bottle of milk, a tank of gasoline,  even a newspaper? 
     The price of each and everything you buy is calculated  carefully by adding up the costs to produce it.  Not just the materials, but the actual full cost. These costs  include the building it’s made in,  the salaries and benefits  of the workers, the cost and maintenance of the tools/machinery used,  utilities and, of course the taxes the government imposes on their gross income.  Are they entitled to some profit?  Of course.  Would you work  without  pay?  Remember, they can’t grant raises or expand and create more jobs if they can’t make a decent profit.
    And,  they must also keep in mind the competition they face in pricing.  Too low and they would lose money and inevitably, their business.   Too high, and they would lose sales and,  no doubt, the business. 
      That’s just a sampling.  I’m sure any business owner could add to the list.  Think about this next time your Representative tells you he’s going to raise taxes on ’the rich’. Ask him if he couldn’t lower spending instead.  You know, on things like a new statue in his honor, or a bridge to nowhere. Or, how about that project of  teaching African men how to wash their private parts?  (Wouldn’t you love to have some foreign busy-body come in and teach you how to, uh, well, um.  Never mind.)
    Just think about the extra taxes you will pay for the rich the next time your congressman promises to make the rich “pay their fair share”. When the cost of his product goes up, so must its price.  Then, don't shut up,
just change your call to "Stop spending so much!"
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