The Oddness of the President's Upcoming Deficit-Reduction Plan

You need to try to prevent the petty, vindictive side of you to rule your thinking.



I have 2 teenagers who fall into that 40+% category. They make around $2,500 and pay local school and township taxes, as well as state income taxes. They pay into social security and medicare. Stop embarrassi­ng yourself by claiming all these people don't pay any taxes - they do.



They don't pay a regular federal income tax. If they did, it would be peanuts. Multiply out all the peanuts by the number of kids working summer jobs (those that can get them) and those who are at the poverty line and you still get peanuts. Taxing them any further is counter-pr­oductive as it's money that would otherwise go back into the economy. The wealthy, on the other hand, put their money into the wall street casinos where is does absolutely nothing today. Trillions withdrawn from the economy or going to other countries.



There are people gaming the system and there are people playing by the rules. You're anger would be far better directed at those wealthy few who game the system to the tune of hundreds of billions of dollars and shrink the economy instead of at the mythical welfare queens who exist mainly in people's imaginatio­n. The poor aren't the problem.
About Barack Obama
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