One of the hots topics of late has been taxes and the “Stimulus” package. The average tax payer is going to get $13 a week back. What a joke. Tell me how $13 a week is going to stimulate the economy? I feel like I’m banging my head up against a wall when I talk about needing to do something about the current tax system. I hear things like the government won’t want to give up the power and control it has. But I also hear stories of how the current tax system punishes those trying to succeed.
I listened intently as I was told about the long hours being put in, 12-14 hours a day, 6-7 days a week. This individual just wanted to succeed and do better for himself. Long hours to be able to pay his mortgage on time, to provide for his family and to try and be able to put money aside for later in life. This individual did do better in 2008, than he did in 2007. All of his hard work was rewarded by a HIGH TAX BRACKET! It was all he could do to contain himself. “I worked very hard to earn that money and now the government wants to take more of it to give to lazy people who prefer to live off the government?” “I give money to my church and charities that I choose to give to, why am I being forced to give to those who refuse to do for them self?”
How can I console him? Should I tell him to quit paying his mortgage so he can get bailed out? That would get some of his hard earned money back. How can he continue to encourage his children to work hard?
How can WE stop this madness? It’s insane. We need to be rewarding those who work hard, instead of kicking them in the balls.