Taxing the rich and political rhetoric

3 Dec

We often hear during political election campaigns about the need to tax the rich and the affluent. Certainly I would not be one of those that the campaign is targeting…ha ha. However how viable is that as a means to generate revenue. I think you will find if you listen to any self improvement information that all specify that those affluent people are the top 5% of a population. They always try to stimulate your drive to reach that level. Even if you reduce the term affluent to a lower level you are still likely only talking about perhaps at most 25% of the populace.
Of that 25% I would dare to guess that they do indeed pay some taxes it’s just that the average little person wants them to pay more.
I’m all for that too but I think I am smart enough to realize that it’s not a simple thing to achieve. For one, the problem of the economy is not that simple. If it was, then listening to any economist on TV would reveal all the parameters and making changes would be simple. But what you hear on TV is that no two economists ever agree on anything. They talk and talk and at the end you’re left with, “What did they say?” or “So what is solution”? I don’t think anyone really knows because it is such a volatile and dynamic thing.
No the present debate going on right now on the US economy following Obama’s recent re-election is anything but straight forward. The subject matter is not an easy one to tackle either and for me much relies on your perspective and belief. To some degree its socialism vs. capitalism.
My newest article Tax the Rich? Is it Viable? expresses some of my views on the matter.
I suppose one might say that a) I never trust a politician and b) I certainly have rarely if ever seen any government organize anything efficiently. They always create too many layers, and I believe that is to allow them maneuvering room to hide their individual agendas and intent. I believe that government should be simple and straight forward. However as we all know that nowadays there is so much money involved that it no longer is about the people but rather how can we divvy up the money of the people. Of course they can’t be in your face about it so they hide their ploys in political rhetoric and legislation. Not very long ago I received a message from a friend of mine as forwarded from a political lobbying group in Canada to overturn a proposed change in a law. At first glance the title of the proposed change in the law Bill C-30 which provided authorities to force internet providers access to private information. Bill C-11 which gave authorities the right to censure internet information, and a cell phone squeeze which was petitioning government to grant cell providers to only 3 major companies. Reading through some of the Bill material one did not detect that layers down the text was hidden several paragraphs and subsections which gave the government the right to listen in on my cell phone conversation and a variety of other means of communications. Needless to say that because of the campaign that mounted the signed petitions the bill was thrown out. What this and since then made me realize is that more often than not government pass things that they know the public would not necessarily approve but they hide by designing multilayered bills. They design in things that they expect will aggravate and be thrown out as concessions in hopes that what they may really want does not get noticed because they keep the arguments focused on the non-target throw away items. To say that I get irritated when I walk around a Mall and overhear someone say that “there should be a law against this or that” or “the government should pass a law to allow something they want“. Maybe that is why these days my wife is starting to go shopping on her own…ha ha….maybe as I get older I am getting more vocal and in your face….oh God help us all….ha ha….but in all seriousness it is all of our right to make sure that OUR government representatives do not abuse their power or position and that they provide a fiscal responsibility to “we the people“…..just as in our work these days we all have the right to stop an unsafe job, so should we have the right to stop a government gone AMOK……

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