With the Bush tax cuts set to expire next year, there’s going to be a big debate during the mid-term elections this November! But, should there really even be a tax debate? It’s obvious that we should NOT raise taxes on small business owners and higher income, hard working Americans in a nascent economic recovery!
Everybody knows roughly 47% of Americans pay no federal income taxes. Hence, the ultimate solution for tax legislation is to strip away tax voting rights for the 47% of Americans who pay no tax, but who still get to enjoy the benefits of other people’s contributions. If you’re one of the 100+ million Americans who pay no income tax, isn’t it good enough to enjoy free public schooling, nice roads, friendly firemen and police officers protecting your neighborhood? Being thankful is a great disposition to have. Being greedy is not.