Thursday, July 16, 2009

The Soon To Be Shrinking Social Class

All throughout history, the masses have been against one group or social class. It is one fact that will never change. Whites and Blacks against each other, Protestants against Catholics, Greeks against Persians, Communists against Capitolists, and in the current era there are two that the masses are against the Rich and big Business.

Everytime i turn around i am hearing that the rich in this country need to pay more taxes. There is insinuation that the rich in this country are sitting back not paying a dime into the system all while living off of the fruits of the system. Which i believe to be untrue. If we were to look closely it would actually be the lower class that are doing exactly. But that is a discussion for another time.

I was looking through the news today and i found an article that is a little scary to me, especially in the tax system we have now.

With this tax and spend hungry government we have now, it is reported that the rich in New York State could be paying as much as 57% of thier income in taxes. This looks to be because of the new tax burden that the soon to pass Obama Deathcare system would cause as well as New York governments failure to cut spending.

The lower class (Middle and Lower Classes) tend to sit back and say "Well they have the money to be able to afford that". But just remember, never does a promised tax hike on the Upper Class remain exclusively on the Upper Class. This is partly because of our greedy politicians. Once they see that they can exploit one group, it is not long until they spread that to everyone.

But one thing the masses (and greedy government) forget to realize is that the majority of tax burden is felt by the Upper class. To the tune of the top 2 % of the earners in this country cover 98% over the tax burden of the populace. So when the Upper Class feel that they are being overly taxed, guess what they will do? Leave, as i would if i were in that situation. And when they leave, there goes the tax dollars. Thus putting the other classes of tax payers on the hook for more and more money.

So we the people need to fight back against the over extended hand of our tax and spend government. If we don't stand up for those that have succeeded in the field of wealth, then we will be eventually paying more and more to a out of control system.

And don't forget that with the Upper Class goes the paychecks the companies they own pay out. So your ability to earn is gone as well.

Viva Liberty!

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