In response to:

The Rich Don't Pay Enough?

BK22 Wrote: Aug 29, 2012 5:19 PM
Here are the facts...........the rich could give ALL of their money for taxes but guess what...it still won;t be enough. There will NEVER be enough money for the government. People like the left-wing loons never understand that it will then be THEY who will be considered rich and lose all of THEIR money....NEXT!
Bear Trax Wrote: Aug 29, 2012 5:53 PM
Obama's proposed tax increase on the rich won't pay for 2 days of the salaries of his czars and their staffs of thousands of toatally unaccountable bureaucrats. The cost of the federal bureaucracy, including the hundreds of millions of regulatiuons they impose on every sector of the private economy, is never included in reported benefits from the hundreds of thousands of federal programs cuurrently in effect.
BK22 Wrote: Aug 29, 2012 10:04 PM
Liberals always say that this is the cost of government....that conservatives really don't understand the purpose of government...that we should be happy to fund our government.

What conservatives DO understand is that we should indeed run our government like a business with appropirate cost centers with understandable and sustainable determinants for both the revenue side and the cost side...that we should indeed budget based on the "NEED" to have versus the "NICE" to have. The purpose of government especially the federal government is that it should be "MINIMAL".
If you listen to America's political hacks, mainstream media talking heads and their socialist allies, you can't help but reach the conclusion that the nation's tax burden is borne by the poor and middleclass while the rich get off scot-free.

Stephen Moore, senior economics writer for The Wall Street Journal, and I'm proud to say former GMU economics student, wrote "The U.S. Tax System: Who Really Pays?" in the Manhattan Institute's Issue 2012 (8/12). Let's see whether the rich are paying their "fair" share.

According to IRS 2007 data, the richest 1 percent of Americans earned 22 percent of national personal income but...