These days, all we hear from the Obama administration is about how much the rich should pay their fair share. The buzz words “shared responsibility” are nonsense. A closer look into the reality of the matter in IRS data updated 10/2011 on table #2 , one will learn that the top 1% already pay 38.02 % of the total tax bill. The top 5% pay 58.72%, while the top 10% wage earners pay 69.74% of the total tax bill. Put another way, 90% of tax payers only pay 30.26% of the total tax bill generated by the government.
At what point does this money grab and overspend by the federal government get out of hand? Tell us Mr. Obama, what should the formula be?
In my opinion, this whole narrative needs to be changed. The question should be, “ what is the government's fair share of our GDP? I believe the answer is that it is already too high. This insatiable appetite for the peoples wealth is out of control and must be stopped. Equally important is to stop the spending spree which is nothing more than legalized theft of future generations of Americans.
What made America great is the individual freedom to pursue one's happiness. The liberals and progressives mistakenly think it is government picking the winners and losers.
Time for us to get our heads out of the sand, just say NO ,and change the debate to that what is really at stake ….our way of life.
-The Ostrich Doctor
At what point does this money grab and overspend by the federal government get out of hand? Tell us Mr. Obama, what should the formula be?
In my opinion, this whole narrative needs to be changed. The question should be, “ what is the government's fair share of our GDP? I believe the answer is that it is already too high. This insatiable appetite for the peoples wealth is out of control and must be stopped. Equally important is to stop the spending spree which is nothing more than legalized theft of future generations of Americans.
What made America great is the individual freedom to pursue one's happiness. The liberals and progressives mistakenly think it is government picking the winners and losers.
Time for us to get our heads out of the sand, just say NO ,and change the debate to that what is really at stake ….our way of life.
-The Ostrich Doctor
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