Wealthy Already Pay Enough Tax
Fuss is being made about how much Mitt Romney pays in taxes.
Romney has not had control of his finances since the day he started his political career. It is in a blind trust, and he lives off what his money now makes for him.
Yes, he only pays 14 percent in taxes. It is called a capital gains tax, placed on the interest of the money that he had already paid taxes on.
Romney paid the same taxes as everyone else on his original profits and probably more.
There is a big thing saying he pays 14 percent while our schoolteachers pay 20 percent.
Well, he paid almost 40 percent on his original profits. Would any of you like to pay that, even for “free” Obamacare?
Guess what, a lot more wealthy Americans pay it than we do as low to middle class. Why should the rich pay more in taxes than every one else? Should they feel a need to take care of people who have not learned to care for themselves?
They do not use any more of the things that taxes are supposed to go for, like transportation and other public services.
If we only paid taxes on what we used, they of course would pay less. They do not need “free” services like Obamacare. They do, however, pay more in sales and property tax than most of us will ever be able to afford.
So ask yourself this when you are wishing you would win the lottery and become a millionaire.
After you have paid all the taxes owed on it, would you want someone you did not know standing there holding out their hand saying you owed them just a little bit more, because someone you had never met could not support or take care of themselves?
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