advertisement

The world-famous Internet site of the Nationally Syndicated Neal Boortz Show!

Search Boortz.com
Enter search terms:
Browse Boortz.com
Nealz Nuze

Results tagged “rich” from Nealz Nuze

NOW ... HOW TO PAY FOR ALL OF THIS

By
Neal Boortz
@ June 8, 2009 8:14 AM
Permalink | TrackBacks (0)

So now the real question when it comes to these healthcare schemes is how to pay for it. Well, it didn't take long for the Democrats to come up with a plan: tax the rich. What other way is there?

President Obama wants Congress to consider the idea of taxing the wealthy instead of his supporters. Remember that there is a plan floating around out there, initially proposed by John McCain during the campaign, to tax employee healthcare benefits. The Obama administration had been considering the idea, but it seems as though Obama is going to go the easy route of demagoging the evil rich.

Specifics? Well he wants Congress to consider "limited tax deductions for Americans in the highest tax brackets." Now notice the language ... Obama and the Democrats will never, ever call this a tax increase. Nope. They will stick with the line that they want to limit tax deductions. PrezBO's plan is to attack the two highest tax brackets (36% and 39.6%): He wants to set a 28% cap on tax deductions. This would include mortgage interest, investment expenses and charitable donations. Once your deductions amount to 28% of your taxable income, the deductions end. Obama may not believe in a war on terror, but he sure believes in waging war on private charities! And why not? After all, these private charities are competing with government. That just can't be allowed to happen.


THOSE RICH PEOPLE DON'T PAY TAXES

By
Neal Boortz
@ December 10, 2008 8:17 AM
Permalink | TrackBacks (0)

I'm hearing this more and more often these days. The ever-present wealth envy has settled (for the time being) on the idea that evil, nasty, putrid, scummy, disgusting, horrible, noxious rich people just don't pay taxes, and it's about time someone come along and make them pony up. I've already read for you several emails from people complaining that they know for an absolute fact that rich people are rich because they don't pay their taxes ... and they know this because they know a CPA somewhere and their CPA friend told them so.

Just a question: If the evil rich aren't paying their taxes, then just how is it that the Imperial Federal Government is collecting about 40% of all income taxes paid from the top 1% of income earners? Somebody 'splain that to me please.

Tags:



send to a friend  view as printer-friendly  RSS feeds
advertisement
advertisement
advertisement