Why doesn’t Mr. Obama quote the actual numbers and ask Americans if this sounds fair? One American pays $290,000 in taxes. The other pays $7,500. Mr. Obama calls this “unfair.” As you can see, he’s right. It’s definitely unfair - unfair to the 20 percent of the citizens who pay virtually 100 percent of the cost of government benefits, which are enjoyed for free by the other 80 percent of the population.
Mr. Obama purposely leaves out the fact that the rich and business owners earn their money, many by risking their life savings to start a business. In almost every case, they’ve worked long hours that most people could not tolerate. These small-business owners whose risk and sacrifice create the 9-to-5 jobs for their employees, also pay half the payroll taxes, health insurance and worker compensation costs for their employees. They also pay virtually 100 percent of the taxes in this country to support more than 21 million government employees, one-fifth of whom make more than $100,000 a year for a 9-to-5 job.
If Mr. Obama were honest, he would say, “From now on, everyone who risks their life savings and gives up the security of a five-days-a-week, 9-to-5 job, early retirement and guaranteed pension to start a business must be punished and have their earnings confiscated and redistributed to my voters.”
Comments
You can follow this conversation by subscribing to the comment feed for this post.