Thoughts of Obama From Bama

Week 117: “There is no such thing as a good tax” Winston Churchill

Income tax is overdue, I think she is too
Been busted and I'll probably get busted some more
But I'll catch it all later, can't let em stop me now
I've been down this road once or twice before

Just gettin' by on gettin' bys my stock in trade
Living it day to day
Pickin' up the pieces wherever they fall
Just letting it roll, letting the high times carry the low
I'm just living my life easy come, easy go
Just Getting By, Jerry Jeff Walker

Monday of Week 117 of the “Ain’t never met a new tax we didn’t welcome with open arms and a big ole sloppy wet kiss” Obama Administration marked the most holy, sacred, and celebrated day on the Democrat’s political calendar, National Tax Day. The annual ritual in this great but sometime so willingly misguided country that serves as the catalyst for the most massive redistribution of wealth in the history of the wealth redistributing world.

Why all of us poor dumb pilgrims not only tolerate but actually participate in this insane legalized extortion year after year is sure enough a real head scratcher. Ain’t no never mind about it our dutiful willingness to continue to throw good money after bad is a strong indication how successful the left wing propaganda machine, spearheaded by the main stream media elite, have been in setting the terms of the debate when it comes to taxes.

FDR, a Socialist with a strong Capitalist streak, started all this insanity with his New Deal back in 1930’s establishing a tax payer funded safety net for old folks that has absolutely no Constitutional legitimacy. The next big surge to the extreme left fringes was LBJ’s, a rare breed indeed being the only devout Marxist/Socialist from the great state of Texas to ever get himself elected to high office, Great Society that was the start of Uncle Sammy’s hostile takeover of the US Healthcare industry

Now we have our first bona fide Marxist/Socialist/Communist holding court at the White House, Barack Hussein Obama, who along with his merry band of tax cheats; illegal Presidential Czars; Green energy radicals; unabashed, open, out of the closet Bolsheviks; Union bosses; Criminal Community Action Organizations; and Chicago political thugs who have in the relative short period of time of only 117 weeks increased annual deficits by $1 Trillion every year since taking office with future deficit spending projected for as far as the eye can see at these same immoral levels.

So far the results achieved from this criminally negligent deficit spending is record high and prolonged unemployment; an at best extremely precarious recovery with economic growth as slow as molasses; skyrocketing oil/gas and food prices; and a $14 Trillion national debt that’s projected to double or even triple over the next ten years. The President’s response to this fiscal disaster – class warfare. Increase taxes on million and billionaires, actually every hard working individual or married couple making over $250 thousand a year.

In full campaign mode since delivering his so called Economic/Budget priorities address last Wednesday when he remarked all of us need to pay our fair share especially those wealthiest amongst us who have benefitted the most and in his opinion are chomping at the bit to cut Uncle Sammy a big fat check beyond and above their legal tax liability. We have it on good authority from highly placed sources at the IRS that to date the only check received of this nature was from Willie Nelson with a note attached requesting the proceeds from said check be credited to any future delinquent payments.

After reviewing the actual financial status of US tax payers the so called wealthy not only already pay a fair share they fork out an an extraordinary disproportionate amount of greenbacks to keep this country open for business. Consider the following:

• THE TOP 1% OF WAGE EARNERS PAY 38% OF THE TAXES
• THE TOP 5% PAY 59%
• THE TOP 10% PAY 70%
• THE TOP 25% PAY 86%

According to a recent Wall Street Journal Study if Uncle Sammy confiscated all the taxable income of all the millionaires and billionaires Mr. Obama claims are so eager to pay their fair share the revenue generated would only amount to $938 billion or there abouts. With a proposed $4 trillion White House budget, including a $1.65 trillion deficit, an additional $938 billion doesn’t even come into shouting distance of breaking even with no chance In hell of putting even a frog’s hair worth of a dent in our accumulated national debt.

Truth be told anyone who advocates that taxing the rich is the path to fiscal Nirvana is either lying like a cheap rug or crazier than an outhouse rat. It would seem the current occupant of 1600 Pennsylvania Avenue resides in both camps.

In our way of reckoning every fellow citizen who currently pays income tax is getten gigged by Uncle Sammy. If the Lord only wants 10% what in the name of Moody’s Goose gives the Feds the right to seize 15%-38% of our annual earnings.

We do agree with our “Tax Collector-in-Chief” that everyone should pay their fair share. That being said it’s high time for the 47% of wage earners at the lower income levels that don’t pay a thin dime of income taxes to belly up to the bar and join the party.

It’s seems only fair to us if you live here, work here and generate income an annual contribution along with all your fellow tax payers is more than appropriate. We all have a stake in this grand political experiment and no wage earners should be excluded from participating.

Besides, including the victim class along with a low flat rate for everybody would not only interject some much needed equity in the system it would also generate more than enough revenue to allow the Fed to meet its Constitutional obligations. A similar revision to corporate and business income taxes would eliminate the need for growth and job killing measures the likes of the capital gains tax while adding trillions to the Federal treasury.

We certainly agree with Sir Winston Churchill’s viewpoint that “There is no such thing as a good tax” but reluctantly acknowledge the necessity of some form of taxation so we can keep the lights on and fund other Constitutional imperatives up in DC. Sharing the pain equally with the mostly Obama constituents in the victim class and simplifying the tax code sure enough doesn’t create a good tax but it would possibly make um a tad bit more tolerable to live with.


I am, “American by Birth and Southern by the Grace of God”

Ron W. Garikes