Most of us know by now the startling fact that 47% of Americans who file tax returns annually have no net federal taxes due. In other words, 53% of Americans pay all federal taxes seen flowing into the IRS coffers.
This is because our onerous, lumbering gargantuan tax code that has been patched together over the last 80 years or so by politicians trying to gain favor with voters via this tax code highly favors low income earners. It's a progressive system - the more you earn, the higher your tax rate. The lower you earn, the lower your rate. And now once you are making no more than approximately $34,000 annually, this federal rate becomes effectively zero.
Most of us taxpayers (us '53%-ers') would love to see this system scrapped in its entirety, and replaced with a national sales tax, a fair tax, a flat tax, anything but the current system. And most of us taxpayers know that because politicians are who they are (spineless, gutless cowardly invertebrates), this will never happen.
There is, however, a solution: in order to get those 47 per centers (let's call them the poor) to start coughing up their fair share in taxes, the feds need only enact one law: The Equal Entertainment Act. Every cowardly, spineless invertebrate politician could gladly support this law, since we all love entertainment.
The poor, like most Americans, need entertainment, and will pay for it regardless of the cost. Drinking liquor is one of the favorite forms of entertainment for the poor. They spend much of their money on this form of entertainment, many to the exclusion of some necessities like rent and utilities. Jack up the taxes on this form of entertainment, and you will see the percentage of poor folks's taxes flowing into IRS hands increase significantly.
Another form of entertainment that the poor love to engage in is gambling. The poor love get-rich-quick schemes, and buying a lottery ticket will make someone very rich instantly. Of course the poor never do the math on how that works, since the odds of winning a mega-million dollar lottery are much, much worse than getting struck by lightening 7 or 8 times. Much worse. But that doesn't matter in this discussion, since the poor love their lottery tickets, casinos, horse tracks, etc. so much that they spend enormous hunks of their disposable income on this form of entertainment, at times neglecting their child care payments, car payments and alimony payments.
Simply install federal lotteries, federal casinos and federal horse and dog tracks in every community, large and small. Build a casino on every corner. The poor will flock to these like hungry southern mosquitos to a snow bird on a Florida beach. The federal revenues will increase many fold, all on the backs of the poor. And what is absolutely great about the Equal Entertainment Act, most of us 53%-ers don't have to pay this tax at all, since we can simply opt out of paying this tax and not buy lottery tickets, not go to the dog track, or not trudge on down to the local Costco to pick up a pallet of cheap vodka.
This legislation is guaranteed to solve the revenue problem of the 47%-ers not coughing up their fair share.
Now, all of the social problems that will result in these poor people blowing all their money on entertainment, that's a discussion for a different time and place.
Enact the Equal Entertainment Act Now.
Doing This My Way
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Maybe this utter, tin ear, deaf as a post, wrong side of history mountebank
needs to think twice again. Well he should, the corrupt buffoon. As we
po...
1 hour ago
9 comments:
Heartless and cruel, Fredd.
You are definitely a Republican...
Silver:
Yup, heartless and cruel. Those were the sentiments I tried to express when I suggest that about half of Americans who are currently free loaders get out of the wagon and maybe give a little tug on the wagon with the rest of us.
We Republicans are like that. Evil, basically.
You forgot about the gold teeth, 22s, and three hundred dollar Lebron James basketball shoes.
Fredd, We need everyone with skin in the game. Your idea has merit. I will present it to Barak when I see him....
I have heard a 'credible' source testify though, that congress hasn't written tax law in 30+ years. Lobbyists write it.
Hey Fredd, watch out for the Gold my friend. It has some potential to really move here from a lot of fundamental and technical aspects.
Fredd, your idea has some merit, but you forgot that the poor all have EBT cards now and some spineless politician will just write up a law to increase the dollar amount they get. Good thought, but, now back to the drawing board!!
"...federal lotteries, federal casinos and federal horse and dog tracks..."
There is no word more beautiful in a liberal's ears than "federal."
Kid:
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Keeping my DZZ through the election. It has nowhere to go but down.
Joe:
Yes, liberals love the word 'federal' as much as heroine addicts love a needle.
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