Monday, December 5, 2011

Greed.

This blog post and attached article go hand in hand with my post on the payroll tax cuts for the middle class. It's an ideal depiction of what is wrong with our government and our economy and why the situation continues to get worse, rather than better. The ability to make such a law, excluding themselves from being included in the laws that prohibit insider trading is appalling and yet not all that shocking. It's just what I would expect from a greedy corporate company and it's the reason people have taken to the streets in protest of Wall Street. People are fed up with companies continuing to rob us of our prosperity. The ditch they keep digging is only making a more apparent line between the wealthy and the not wealthy and is all but eliminating the middle class. 

I'm so pleased to hear that people like Nakeisha are taking such an active role in voicing their opinions. We have the ability to be the change we want to see in the world but all too often people forget that or are easily discouraged. This next decade will truly prove to be an interesting one to say the least.

Not all tax payers are created equal.

I'll admit I'm not as informed as some on the battle of extending the payroll tax cuts but it seems to me that the party that was so adamantly fighting AGAINST the idea of raising taxes for the rich are the same people who believe the payroll tax cuts should not be extended, resulting in higher taxes for the working middle class. Typical. Don't reach into the pockets of the people who can afford higher taxes, do it to the ones who don't have enough as it is. I understand that you can't just expect the 1% to pay for the 99% but the incredible tax cuts and little amount they pay now is unbelievable in comparison to the amount they make. And that's when they do decide to pay their taxes. Did we just hear of Christie Brinkley not realizing she owed over 500k in taxes. Really?! But the GOP continues to be readily available to appease the people who put money into their pockets and fund their campaigns but not for the majority that they are representing. This is another fight I am proud Obama is taking on. I believe in the fight to extend the cuts to help out the middle class and hopefully continue to slowly but surely improve the economy. With the unemployment rate being at it's lowest since 2009, it seems we should attempt to continue to steer ourselves in that direction rather than making such a drastic change. Higher taxes for the people already making just enough is going to be just another blow to the economy. Though I have a feeling the GOP will care more about voting against Obama than they will about what is right and the consequences that will follow their decision, I hope that enough people have the common sense to see the trouble this will cause and do all they can to avoid such a situation.