Thursday, August 12, 2010

Entitlement Insanity

Those are not my words - they are the words on the blurb on Judge Napolitano's Freedom Watch, on right now - about the 99'ers. What are the 99'ers, you might ask? Good question! Those are the ones that are up against the 99 weeks of unemployment...i.e. paid to not work, and demanding EXTENSIONS! Not jobs. They went & protested on Wall Street today (Thursday).. not going out and looking for a job - any job. From what I've read, people will not take a lower-paying job, a couple of them. Why? because the pay is "too low". well wah, if you're out of work, get a clue, and TAKE the job. Why turn up your nose at it? Because you can make more on unemployment?

My grandpa walked 10+ miles one day for a job in the Depression, on my mom's side. He did not get the job.. How many people are willing to actually do whatever it takes for a job, that say they cannot get a job? And then blaming "tax cuts for the rich", on their lack of a job, or lack of extension past 99 weeks. That is almost 2 dang years. Take something beneath you, and take a 2nd or 3rd job. Imagine, actually having to earn your money doing something you don't want to do.

I'll be called cold-hearted, blah blah blah, because I don't work - I'm a housewife, as *if that isnt work* and that we're lucky that my husband has a job.

I've lived out of a van, and worked doing whatever the heck I could to make money, *except that*, to earn a living, so I didnt have to suck off the government tit.

I really think the Depression-era people, that would have taken a job, ANY job, are spinning in their graves.

And if you believe ending the Bush tax cuts will affect "only the rich" guess again buddy. It directly affects YOU, no matter how much, or little you will make. The bottom tax rate will jump from 10% to 15%, a !!! 50% !!!!! increase. The top 35% will climb to 39.5%. The most affected, will be middle income and low-income workers. so who are you really 'sticking it to'? The current six rate brackets of 10%, 15%, 25%, 28%, 33% and 35% will be replaced by five new brackets with the higher rates of 15%, 28%, 31%, 36% and 39.6%.

And 'sticking it to the rich' will affect you, because who starts businesses, hires people, launch new products, and hire YOU to manufacture them. So ending the tax cuts are only shooting yourself in the foot.

Feel like investing any of the money you may have hanging around? The tax rate will shoot up by a third on capital gains - from 15% to 20%, while if you own even a few low-priced stocks, and manage to get a few bucks off dividends from them, your tax rate on dividends will skyrocket 264%, from 15% to 39%. The death tax makes a comeback, if your estate (this includes ALL stuff, you house, any property you own, your furnishings, your vehicle, if you happen to own anything, it all adds up quickly, you'd be surprised at how much your stuff is worth, using government figures. And you've *already* paid taxes on that stuff, but it's going to be taxed again, when you leave it to your kids. Have a business? Many are not passed down because of the confiscatory tax rate of death tax (55% starting Jan 1).

And then there's death. That's a certain thing too. Just your nightly nugget of joy :P

3 comments:

  1. Diane:
    Don't worry I'm not building a gallows for myself in the basement...
    But our parents and g'parents could have NEVER expected this to happen across our nation...not with the pride and personal dignity THEY held so dear.

    And I DO enjoy hearing YOU rant...reminds me of me...LOL.
    You are 100% CORRECT.

    Don't change a thing.

    GO get 'em, Tiger!

    And have a great weekend.

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  2. heh.we have just begun to rant! Found some interesting stuff in the past couple days while just surfing and getting random wikipedia pages (click the random button). Have been staying up late reading lots, and getting up early.. watching FBN, and Judge Napolitano's Freedom Watch is on that this week at 8 pm - usually its on Saturdays at 8 central on Fox Business ... great show

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  3. It makes me sad to see what direction our country is headed towards...what ever happened to that thing called dignity? Pride? Self respect? It is so easy to claim disability these days...for drug addiction, alcoholism, obesity, mental disorders. It's even easier to sue someone else! And children see their parents doing it and they think it's ok for them to do it as well. It makes me very sad, and scared for future generations of "nowhere kids."

    It also pisses me off. I bust my ass trying to make it through college. I work as a tutor in the little free time I have, making 9 bux an hour. It's not much, but it's better than nothing! And you know what...I'm damn proud of what I do too! People need to get off their high horses and realize they're not "better than that." And the only reason they claim they can't afford to live off 9 bux an hour is because they think that they can't live without their big screen TVs, or their iphones, or their 300 dollar gaming system...*sigh* People need to stop believing their luxuries are necessities...and start appreciating the basics again...the TRUE necessities...the TRUE finer things in life!

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