Wednesday, November 02, 2011

Flat Tax Is Fair Tax

Dear Readers:

Here is why President Obama and the Democrat Party's class war fare platform for the 2012 elections is so disingenuous. If you earn $50,000 a year or more, you are in the upper 10% of wage earners in America. You also pay 97% of all income taxes. The minimum income that qualifies to be in the top 1% is $343,000 a year. If you make $343,000 a year and up you pay 47% of all income taxes.

So you see the rich, those millionaires and billionaires are actually not just those in the top 1%. Also the top 1% actually do pay their fair share. If you include state and local levies the top 1% are taxed at about 59% if their income. The top 10% when all is included pay and average of 48% to various taxing entities. So you have hard working people, most small business owners, having over 50% of their income confiscated by various government entities to pay for life's losers and parasites who think they should be immune for this recession.

The Occupy Wall Street people are right about one thing. The present tax system is unfair, but not for the reasons they state. 49% of the wage earners pay no taxes on their income, including FICA as they get most of that back in earned income tax credits. They have no skin in the game. Is it any wonder why polls show almost 50% of the people want to tax even higher those wage earners who actually do pay taxes.

This is why any kind of flat tax is deemed unfair. It would force those living on the public teat to actually pay their fair share, which they do not now do! The Democrat Party and RINO Republicans live to govern another day on the votes of the 49% and those with success guilt's vote. The political ruling class needs them permanently dependent so as to have the power to run their lives.

The answer to how we get out of this deficit mess, this on going recession is to put more people in the tax base who have skin in the game. It is not increasing taxes on those already paying but adding to the ledger those who pay nothing. It is a tax code that encourages people and business not to hoard money, or hide it off shore, but to put it to work in America.

Yes, a flat tax would be fairer even though it would make some pay more in taxes than they do now, because now they pay nothing. There is nothing fair about that. This is my opinion, you may beg to differ.

Anthony J. Bazzo

The opinions expressed by freelance contributors to PennySaver Community do not necessarily reflect those of PennySaver Community or its parent Chase Media Group.

To read more Bazzo, go to PennySaverCommunity.com, where you can submit responses to his opinions and post your own comments.

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ATOM TAXI INC. AIRPORT SERVICE:
Dear Readers:

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E-MAIL ME WITH YOUR COMMENTS:
Dear Readers:

It has come to my attention the difficulty in posting a comment on this blog. If you wish to comment, e-mail me at the link posted below, putting "Manifesto Reader" in the subject matter, and I will "cut and Paste" your comments myself. If you DO NOT wish your comments posted, but just wish to communicate with me, please make your wishes known in the e-mail.

LINKS: atom_taxi@yahoo.com(as this a yahoo address make sure you put an underscore (-) between atom and taxi)

For immediate reply: atomtaxi@aol.com

AT NCN: abazzo@ncnlocal.com
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SITES TO LINK TO:

ellabellahairclippies: www.ellabellahairclippies.com
http://ellabellahairclippies.blogspot.com

ROB ASTORINO: www.robastorino.com

JOHN G. TESTA: www.johngtesta.com

ON TOPIC W/ JOHN TESTA: www.ontopicwithjt.com

CARS & US: www.doverracing.com

THE WINERY AT ST. GEORGE: http://www.TheWineryAtStGeorge.com

PLAN PUTNAM: planputnam@googlegroups.com/

BRUCE APAR'S NCN BLOG: http://theblogcabin.com/homebase/bapar

NORTH COUNTY NEWS:"http://northcountynews.com/

THE JOURNAL NEWS:http://thejournalnews.com/

PEEKSKILL DAILY: peekskilldaily.com

YORKTOWN WATCHDOG: www.yorktownopengov.org

PADAVANO FINE ARTS: Padovanofineart.com

ASSEMBLYMAN GREG BALL: http://www.ball4ny.com/

PEEKSKILL BID: www.peekskillbid.com or
www.downtownpeekskill.com

Peekskill Democratic City Committee Blog:
http://www.peekskilldems.com/blog
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CABLE SHOWS TO WATCH:

BRUCE THE BLOG GOES BAZZO: Thursdays at 10 P.M. channel 74. Available in Yorktown - Putnam Valley - Bedford - Bedford Hills - Mount Kisco - Katonah - Lewisboro - North Salem - Pound Ridge - Purdy Station - Amawalk - Granite Springs - Lincolndale - Somers - Baldwin Place - Shenorock - Mahopac.

Same Time Same Date On Channel 15 in Philipstown - Cortlandt - Peekskill - Ossining and BriarCliff. Maybe Mt Kisco also.

HOSTED BY: BRUCE APAR & ANTHONY J. BAZZO


YORKTOWN WATCHDOG: Every Monday at 9:30 P.M. channel 74
Hosted By: ED CIFFON (Yorktown and Putnam Valley only)

CARS & US: Fridays 10 PM chanel 15(Peek. & Cortlant) 74(York. & Put. Valley)
Hosted By: Dennis Tate

SPEAK OUT WITH SANDY GALEF: Yorktown chanel 74 Wednesdays at 7:30PM..Ossining/Peekskill chanel 15 Wednesdays at 8PM
Hosted by: Sandra Galef

DEAR SANDY: Yorktown chanel 74 Fridays 7:30PM...Ossining/Peeksill chanel 15 Fridays
9PM
Hosted by: Sandra Galef

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EDITOR'S NOTE:
All articles re-printed in this blog from the North County News are with the permission of Bruce Apar Publisher and Editor-in-Chief

11/02/11

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