Never pass up a chance to sit down or relieve yourself. -old Apache saying

Monday, December 3, 2012

Entitlements

The GOP goes on and on and on about how "entitlements" have to be cut.  By entitlements, the GOP specifically means things like welfare, unemployment insurance, Medicare, Medicaid, Social Security, etc.  It galls me that they begrudge people what is 1) rightfully theirs, in the form of Medicare, Social Security; and 2) what is generally a pittance, in the form of welfare and unemployment insurance.

The REAL big money for "entitlements" is in the form of subsidies and tax breaks for the wealthy and corporations.  Practically every tax break in the book goes to the wealthy.  Those are the people that don't really even NEED the tax breaks, but since they have so much money already, and since they lavish it upon Congress and local elected officials, they get every break in the book.  All the talk about "money does not influence me in the decisions I make" is BULLSHIT.  If that's the case, then go without the money and see how you do.

Why should capital gains be taxed at very low rates?  Because the wealthy bribed government to provide it.

Why are estate taxes so low and only affect a tiny number of inheritances?  Because the wealthy bribed government to provide it.  And they still complain that estate taxes (the so-called "death taxes") are too high.  BULLSHIT!

Why do hedge fund managers get to claim most of their income as tax-free? 

Why are there tax deductions for second, vacation homes?

Why can the wealthy put unlimited amounts of money into their 401k's?

Why can the wealthy stash cash offshore, away from the US tax system?

Why do corporations get tax BREAKS to move jobs to foreign countries?

There are many, many, MANY more examples.

If you want to clamp down on entitlements, cut many of these subsidies and sops to the wealthy and corporations.  They are the ones who can most easily afford it.  Don't try to take money from those on the bottom of the ladder, or those who are retired and may have no other source of income save Social Security. 

All of this is just another example that GREED HAS BEEN ALLOWED TO RUN RAMPANT IN THIS COUNTRY, TRAMPLING THE RIGHTS OF EVERYONE ELSE.

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