Wednesday, March 11, 2009

Dollars and Sense!

Call it a quirk. Call it a coincidence. Call it whatever.

But in the last two weeks I’ve been in contact with five people I’ve never met before. It really is a random sample but I don’t pretend the numbers promise statistical significance. And I don't I know who these people voted for last November nor have I asked. But I do know that four out of the five are expressing either opposition to, or displeasure at, Obama’s view of the world as it exists today and more importantly his moves to "fix" it.

Consider this; in the “Stimulus Package” there are 9000 earmarks. And some of them are Obama’s own. On the campaign trail during the last two years Obama promised to nix any bill which contained just one earmark. Time will tell. I’ll be watching; will you?

But now it’s time to get even more serious about money and the folly and the dangers of higher taxes. As an example let’s look at New York City and Mayor Bloomberg’s panic response.

In New York City 1% of the population pay 50% of the tax; just 40,000 people. On the other hand 50% of the population pay nothing. And 30% of those actually receive a check. Bloomberg’s city would grind to a halt if just a few of the payers picked up and went elsewhere. And he knows it. Hence his panic.

Then, that well known member of the “Vast Right-Wing Conspiracy", Whoopi Goldberg on “The View” earlier this week voiced a protest about impending increased taxation including the immortal words, “Did I vote for this?” Amazing the difference a few months can make between the campaign trail and now.

Even more amazing though was the assertion by Senator Harry Reid also earlier this week that paying taxes was “a voluntary procedure”. Really! That’ll come as quite a surprise to anyone who has ever fallen foul of the IRS. And this was from the Democratic leader in the U.S. Senate and supposedly one of the smartest men in Washington.

Heaven help us!

However, when one looks at the list of Obama's nominations for Cabinet posts it does seem that, for Democrats, paying taxes is optional. Note to self; Call CPA and remind him that starting next year I've decided to opt out.

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