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Pfizer Inc. Message Board

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  • fizrwinnr11 fizrwinnr11 Oct 7, 2012 12:40 AM Flag

    after the A#### whoooping obama got last night

    What is most abhorrent about Obama is that he wants to redistribute wealth to a greater extent than almost any other president or presidential candidate in memory. The top 1% of wage-earners here already pqy something like 30% of the income taxes and Obama wan't them now to pay even more. If he has his way, those earning over 250K will pay almost 40% in Federal income taxes, about 10% in state income taxes in a state like California and then 8% in Social Security/Medicare taxes on top of that. It would leave only 42% of earnings that wasn't taxed - and that's just not enough.

    If people are allowed to keep so little of their earnings, you are going to have doctors choosing to work only three days instead of four, etc.

    The problem here is so many wage-earners here who pay NO Federal taxes at all because of the Earned Income Credit for those with kids, etc. Having a lot of kids is a life choice and I don't think that people should be able to avoid taxes altogether just because they want five, six or eight kids. What we need in this country is more people paying at least SOMETHING on their earnings - even if it's only 8% or 10%. But to have 47% of wage-earners paying absolutely NOTHING in income taxes and then expecting "the rich" to pay even more just isn't right. "The rich" shouldn't be asked to pay higher and higher percentages because many folks choosing to have a lot of kids are allowed to get off scot free when it comes to income taxes.

    Sentiment: Buy

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