Friday, December 10, 2010

Those Nasty "Rich" People

Nothing galls me more than politicians barking out sound bites about those piggish rich people who should pay more and more.

They speak of "millionaires and billionaires" in one breath, then define the same group as families "making more than $250,000".

If only they would pay more, the government could grow and distribute more cash to party constituents.

Apparently they are unaware that this group already foots the lion's share of the excessive tax burden, that these people create the jobs which the politicians purport to endorse with all their soul, that success is an admirable thing in American society, and that our tax code defines the highest bracket as $373,000, not $250,000.

Our system is already progressive, the top rate of 38% is high enough, the bottom bracket of 0% can't go lower, and I'm tired of hearing that the fault is with the people. It's time to actually manage the monster!

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