Wednesday, September 15, 2010

Bush Tax Cuts for the Wealthy; Who is the President Talking About?

When the President talks of repealing the Bush Tax Cuts for the wealthy; is he referring to those families that sacrificed to start businesses? Does he mean those that took out loans against their homes, borrowed on their credit cards and worked 15 hours a day for years? Could he be talking about the start up family businesses, that took a risk, knowing that a small percentage of small businesses are successful, to try to make a better life for their families? Are these the same business people that give employment to people in their neighborhoods; pay them wages, fund their 401(k) plans, contribute to workman’s compensation, unemployment compensation and FICA? Might he be speaking about people who pay federal, state and local taxes; as well as business taxes and real estate taxes? Don’t they provide additional tax revenue by paying wages to workers who then pay taxes? May he possibly be discussing individuals who donate their time and money to local organizations?


So after many years of hard work and taking risks they earn the President’s magic number of $250,000 a year. And in many instances, plow back money into their business to help it continue to grow.

Lumping these small business owners with multi-millionaires and billionaires might make a good sound bite from the podium, but maybe he might want to get down from that podium and visit these people that made a success of themselves. Most are viewed as role models and an asset to their communities.

Let’s stop vilifying them and congratulate them for their courage and success and hope our children have the same drive they have.



Essays From a Fed-Up Middle Aged, Middle Class American" By: Andy Strum http://www.createspace.com/3462397

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