Can the wealthy
share?
In the process of being passed is
the Buffet Rule. This would make Americans who make over $2 million dollars pay
a higher tax percentage. For those who make $1 million to $2 million to always
pay a higher tax percentage. President Obama is really taking an interest in
the Buffet Rule. However, several people believe that it fits in his plan so
well because the idea behind it is. “Hey, look at this and forget about that
huge debt over there.” The estimated revenue generated from this would be $4.7
billion dollars a year. Now that may seem like a lot of money. Well it is, to
us working folks, however, that massive $4.7 billion dollars is chump change.
Statistically showing $4.7 billion dollars would only cover 11 hours worth of
spending in a year. It’s crazy how America was ideally set up to be “help a
brother out” kind of philosophy. Yet, there are several people that make multi
million dollars and do not want to help the “little” guy out. That is what I do
not fully understand. How the only people who are making a big fuss about the
Buffet Rule are those who will it affect. I understand where they are coming
from. Yet, are you really serious? The percentage that you will pay is probably
what you make in a two weeks. Even if the Buffet Rule doesn’t make a dent in
the debt, it still will help and make those who may not deserve the millions
they make to help the average American out.
People are not just complaining on the grounds that they want to keep more money. They are arguing on the grounds that this is socialism. It really is socialism too. America was brought up as a free market economy. The fact that America has had a fairly free market has been beneficial to us so far, so why would you want to change that? It is not the taxpayers fault that they do not pay enough. It is the governments fault that they think they can spend more than they bring in. If there were not such hard regulations on owning a business in America than maybe we wouldn't be outsourcing every company. The Buffet Rule will make Americans all equal, but why allow people to just simply live off benefits from the government. It helps some people I agree, but it also allows others to be lazy.
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