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    Posted July 9, 2012 by
    k3vsDad
    Location
    Farmersburg, Indiana
    Assignment
    Assignment
    This iReport is part of an assignment:
    Should the rich pay more taxes?

    More from k3vsDad

    Retain Bush/Obama Tax Cuts On All Or None

     

    Earlier  today President Barack Obama proposed extending the Bush/Obama tax  cuts, set to expire at the end of the year, for all those making less  than $250,000 per year as a family or less than $200,000 per year for  individuals. The President reasoned that to keep those making above that  amount paying their "fair" share of taxes, the cuts should be allowed  to expire.

    The  US House of Representatives is already poised to vote on a Republican  initiative to extend the tax cuts for everyone. Neither the President  nor the House Republican leadership, however, are addressing the payroll  tax cuts due to also expire at the end of the year.

    The  call by the President to not continue the cuts for the "wealthy" rings  hollow. His rationale is that to insure that these "rich" people pay  their "fair" share tax cuts for them need to be allowed to expire.

    Naturally,  neither the President nor anyone on the left of the political spectrum  defines "fair". It doesn't matter if those making in excess of $250,000  per year already pay well more than half of all income taxes flowing  into the public coffers.

    What the President is doing is what he has done throughout his term in  office and pounds daily on the campaign stump, dividing Americans from  Americans. He sees his role as a warrior and the means to be re-elected  can only occur by a strategy of divide and conquer.

    That is exactly what he is attempting today.

    If  one wants to truly make the "fair" move, either all the Bush/Obama tax  cuts need to be extended or all the tax cuts need to expire. To do  anything less will be a move that smacks of favoritism.

    As  with the way the Administration continues to pick and choose which  businesses and industries to support and which to kick to the curb, the  President is practicing the same strategy here of division and  disunity. 

    The  President is re-affirming his commitment to hyphenating America rather  than joining all Americans together as one. Rather than advocating our  national creed of e pluribus unum, out of many one, the President is  once more attempting to take the one to produce many.

    This  policy toward the tax cuts is very similar to how the President is  dealing on the campaign trail appealing to African-Americans,  Latin-Amreicans, gay-Americans,  poor-Americans, rich-Americans,  good-Americans, bad-Americans, male-Americans, female-Americans.

    See the pattern?

    It is not  about out of many, one, but out of one, many.

    The  proper course of action in relation to the Bush/Obama tax cuts, the  fair thing to do, is to let all expire or extend all. Anything else  would be most unfair.

    From  the Cornfield, in this economy with so much uncertainty, perhaps the  best course of action would be to extend all the tax cuts.

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