Thursday, September 22, 2011

All You Need To Know

I will not offer many responses to this, as I think it's important to just let a socialist speak for herself.  Elizabeth Warren is the new front runner in the Massachusetts Senate race.  She has a lot to say, as most politicians do who want to call themselves Senator.

What caught my ear was her reaction to business.  In my opinion, business is what makes the world go 'round.  Business employs, business creates, business pays taxes (and so do the people who the business hires and so do the people who buy their products).

But she thinks that business "owes" something more, just because, well they're a business.  You see, in her opinion, business would not survive if it were not for the tax revenue that paid for the roads, schools, police, and fire that the business uses.

I disagree.  In my opinion, business pays a lot more tax than the common American.  In fact, 50% of Americans don't pay any taxes at all.  Does that mean that 50% of Americans who don't pay taxes should be grateful to the wealthy who do?  They should, but seems like lately, it's the wealthy who are deemed "bad" and should pay their "fair share" (even though they already pay far more than most...far more).  Even though the business is paying a higher rate and greater quantity of taxes than the common American, Elizabeth thinks that business owes....and owes....and owes some more.

You see, Elizabeth gets it backwards.  It should be the taxpayers who are grateful to business, for business supplies the jobs, business produces what we consume, business pays most of the is the economy we rely on.  Yet, in her her socialist should be grateful to us.  Business "owes" us more.  In her world, a "fair portion" of tax is more...and more....and more...and more....

If you think socialism is a thing of the past or just a punch line, just remember...she's the front runner.

1 comment:

  1. After listening to her speech, I felt confused. She spoke of the person who started up the company as if they contributed nothing once their company started making money. She failed to acknowledge all the taxes this person actually does have to pay for the privilege of owning a business. Just like "the rest of us" they pay an income tax on their personal earnings. She failed to mention the "corporate" income tax that this company pays...or the benefits, whether it's insurance, bonuses, or pay raises that this employer supplies for his workers. If she wants to nationalize these companies...then she just needs to say so and stop this deliberate misrepresentation of the facts.