Thursday, February 23, 2012

Back To Back

Pay the Man
Christie, who said in the interview that he'd prefer if New Jersey slash all income taxes by 10 percent, said he thinks Buffett should take matters into his own hands instead of advocating for a boost in taxes for the wealthy. "I'm tired of hearing about it," Christie said in the interview. "If he wants to give the government more money, he's got the ability to write a check. Go ahead and write it." (Huffington Post, 2/22/2012)


RedStateVT is loving the combative spirit of Republicans like Christie who are not afraid to call out Liberals. Newt Gingrich has done this marvelously well in his broadsides against the state-controlled media debate moderators. Gingrich has inspired others including Rick Santorum to do the same. 


While we are on the subject, we have been meaning to circle back to Mitt Romney's taxes. Never mind the 14% rate (which is perfectly legal given his tax structure, by the way), let's look at the absolute amount of taxes he paid on his $22 million income. Why that number would be about $3 million! So in one year, Romney paid more taxes than the average American will pay in a lifetime. Imagine how much he will pay over ten years.....over his lifetime!  Still think he paid too little?


Well maybe it's the 49% who paid too little:


Yet 49 percent of U.S. households pay no federal tax at all. And a Heritage Foundation chart shows the top 10 percent of income earners paid 70 percent of all federal income tax in 2008. (MyHeritage.org, 1/30/2012)


Found
The nonpartisan Congressional Budget Office has confirmed the key finding of Heritage Foundation research on federal employee compensation: federal workers are paid substantially more than comparable private-sector workers. (MyHeritage.org, 1/31/2012)


Government work used to mean a boring job for modest pay, but lifetime employment. The only thing that has changed is that now the pay is great!

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