Tuesday, July 12, 2011

Fear

The constant mantra (that's one of my favorite words) by Republicans about "taxes" being "job killing" is driving me batty.  You'll notice that they never actually give you a demonstration where they bring out a calculator and use actual numbers to show how the supposed higher taxes will affect the ones being taxed.

I won't get into the weeds about how the tax rates are the lowest they have been in many years - or how the taxes being discussed will only affect the wealthy.  Yes - they will pay a minimal higher percentage than what they are currently paying - but only above a specific amount of income or profits.  Trust me - they won't have to cut down on Starbucks latte's on a weekly basis - nor will they have to reduce their standard of living.  I doubt that many of the three people who read this blog will be affected by any means with Obama's proposals.

CNN has a simple article that addresses what Obama is trying to accomplish.  Sounds reasonable to me.  None of the affected will need to sell their third home in order to keep their kids in boarding school.  If they choose to layoff their landscaping crew - it should be because they want to get some exercise and not for the false premise of not being able to afford it.

http://money.cnn.com/2011/07/12/news/economy/debt_ceiling_deal_obama/index.htm?iid=HP_LN&hpt=hp_t1

I know that the word "tax" carries the burden of fear along with it - but if someone is going to be scared, be scared of something like Boehner/Cantor/Bachmann/Palin/Santorum...etc...  Letting politicians prey on people's unfounded fears is what's frightening.

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