The tax man cometh...but not for 47%

AF Bro tipped me off to a piece yesterday that indicated that 47% of Americans pay no federal income taxes. A large percentage of the 47%, not only don't pay into the system but, actually get a return or refund or on their non-payment in the form of an earned income refund. To make matters worse, if that's possible, the top 10% of wage earners pay 70% of all federal income taxes.

I heard some guy explain this away yesterday by saying, "Well that 10% own 40% of all American assets." To which Cavuto said, "Fine reduce their tax burden to 40% of the total." Of course that would be a huge tax cut and led to a stunning silence from the guest.

For their efforts, hard work and their disproportionate contributions to the federal government the "rich" are being demonized like never before. Seems until the top 10% are paying all of the federal taxes, they will be a target for Libs in general and this administration in particular. Seems to me that at a minimum the government ought to be sending this these top teners a fruit basket and a thank you note every April 15th. Instead they are demonized, threatened, harassed, mocked and ridiculed. At best, the federal government would flatten the tax burden out a bit so that, as P-BO put "everyone had some skin in the game."

Try raising taxes when the "working poor" are paying 2-5%. When they have some of their own skin at risk with higher taxes, there will be hell to pay for Pols. Right now, some of the "working poor" look forward to tax increases so that they might get a bit more at the end of the year for not paying anything into the system. This is dangerous. When the non-payers reach 50.1% and figure out that they can vote themselves a pay raise by voting Demo-Dope, the Golden Goose will have been cooked.

OK, apparently this can never be said enough. To fix the tax problem:

1. End the income tax. This MUST be done first. Do not punish the high achievers.
2. Adopt a consumption tax. A federal sales tax would leave taxes in the consumers hands. Everyone would have "skin in the game." Let congress try to add .05% to the sales tax and EVERYONE would be up in arms. The only thing congress could do to get more money for their hare-brained programs would be to lower taxes - which always leads to more revenue - or kill some other program and redirect the money.
3. Every single rich guy heard saying, "The rich don't pay enough" (Ted Turner, Ben Stein, George Soros, et al.) should be fined 50 million dollars each time. Yes of course, that's a 1st Amendment violation, but it's the best kind. Let them put as much of their own money where their mouth's are.
4. In conjunction with a balanced budget Amendment, consider a onetime tax on unearned wealth to retire the current deficit. This will shut the trust fund bums like the Kennedy's, Rockefeller's, Kerry's and other compassionate Libs who never earned a dime on their own the hell up. It's so easy for these pampered weasels to talk about raising taxes on people working their @$$es off earning it so that the government can attend to the poor (which never works) or reduce the deficit (which never works). They know that none of their huge unearned piles of cash will be touched in such schemes. Come up with a plan to tax wealth along with income, and watch these "do-gooders" turn into the greedy bastards they accuse everyone working for a living of being.

There you have it. The tax problem has been fixed. Tomorrow world peace.