Posted by: johnhourihan | August 24, 2012

We are not supposed to have kings in America


Not to beat a dead horse, but looking at something that happened on August 23, and then matching it up with something Mitt Romney said last week sheds even more light on a cess pool that wants to be president.
A website called Gawker printed some Bain Capital records on August 23 that showed that the firm started by Mitt Romney used some tricks to avoid paying U.S. taxes.
This isn’t surprising. I think we all believed all along that he did that. But the records now prove it was done. They used “blockers” which explicitly help retirement accounts avoid paying taxes. And it has been reported that financial statements noted that the company intended “to conduct its operations so it will … not be subject to United States federal income or withholding tax …”
That statement was said about a fund in which presidential candidate Romney still has a large investment.
If you weren’t sure, now you know: The rich rig the system so they can pay fewer taxes.
The Gawker reported that Rebecca Wilkins, senior counsel with the group Citizens for Tax Justice said, “It just confirms what everyone already believes about the tax system — that it’s rigged. That the rules are rigged to favor the well off.”
What did Romney say, just before this revelation, when last week a reporter questioned him about his taxes?
Last week at a press conference when asked about his taxes Romney said, “I just have to say given the challenges that America faces — 23 million people out of work, Iran about to become nuclear, one out of six Americans in poverty — the fascination with taxes I paid I find to be very small minded compared to the broad issues we face.”
He seems to have left  out, “I hid my damn money so I wouldn‘t have to pay your stupid taxes, and if I can somehow get elected all my rich friends will be able to pay even less, while the poor stupid slobs in the middle class who voted me can foot the bill for all of us.”
Something Shakespeare said explains what he was doing with this answer.
Shakespeare said “busy giddy minds with foreign quarrels.” He meant when the people’s questions begin too come too close to what you are trying to hide, you should frighten them with the threat of foreign wars.
This element of finding out what our major fear is and then threatening us with it, even if it is a lie, is the major impetus of the Republican campaign.
Why would they do that?
Because there is a ton of money to be made by them if we allow ourselves to cower in the face of their lies.
If America ever had to stand up, it is now. Do not vote in this self-appointed royal class. Let them know we don’t have kings in America.

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Responses

  1. The tax laws are written by Congress, and Congress is elected by the people. Everyone wants their own special deductions, writeoffs, loopholes, etc., which is why the tax code is so long and complex. Also, a lot of the tax code is about social engineering, such as the mortgage deduction, which unfairly rewards homeowners at the expense of renters. We need a tax code that is much simpler, shorter, and easier to understand. A flat tax, with a standard deduction equal to the poverty level, would be a great way to achieve this.


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