The President is continuing his
message on taxing the rich more to help pay the national debt and
create jobs. I would prefer to say it's to bail out our
government from their bail-outs, over spending, over regulating,
pork, and trying to govern from inside the house without going out
in the yard to understand what the problem really is. If one part of
your yard needs some fertilizer and the other part needs less water,
and you keep poring more water all over, you simply do not
understand the problem.
OK, I concede that the country
is broke and the majority of us could use more money. If I had more,
I would be able to stay in my home a few years longer, and not be a
burden on my kids. I don't want a hand out from a government issued
program that basically robs people such as my son and his business. For him to help
me out would be appreciated by me and my wife. But to have to pay
"his fair share" for the whole country is not fair.
The President keep saying the
rich must pay their "fair" share. His first level was anyone
who makes over 250,000. But, let's say a million. Case in point: For
the last 25 years of my life in the work force, I worked for my good
friend Bob. (Bob is not his real name, but I like the name, Bob) Bob
started a business in 1972 in a little store that was only 600
square feet. If I'm not mistaken, he mortgaged his home to do that.
His business grew and grew and he kept investing back into his
business, to the point he had to move to a larger
store. 3900 square feet. Here he could buy more stock and hire more
folks to work, and most of all, be of better service to his
The larger store
brought more prosperity but it also brought more expenses. I don't
remember exactly what his rent was but let's say 10.00 a square
foot. 3900 feet x 10.00 a square foot = 39,000.00 a month =
468000.00 a year. Almost a half a millions dollars. There were a few
years we did over a million a year. Well, what's the problem? You
still have over a half million left.
When you lease a store, what
you get is a floor, a ceiling, and four walls. (Consider it
fortunate to be able to use what was left behind by the last tenant,
such as carpeting, and other fixtures). If it needs repainting, you
do it. All stores have air conditioners/heaters, and usually
multiple ones. If they break, you fix them, or replace them. You
are responsible for the electric bill, the water bill, and the
fixing of toilets (cleaning of these also) When you're in a mall,
you also pay your share for the cleaning of the mall and even the
parking lot, and the maintenance of the these areas. They call it
"Common Area Maintenance". You have to pay
salaries, insurance, and cost for any other devices you may use in
your business. Taxes! State and Federal. Also comply to any
regulation that the state or federal agencies may impose on you,
which also cost you. Even possibility of the E. P. A. getting in
there. This is like owning a home, only on a larger
Oh yes. The cost of stock.
Usually you don't buy it all at once, but suppose you carried a
100,000. in stock. There is usually a freight charge it just getting
So, if you gross a million a
year, would you consider yourself rich if you had the responsibility
and burden of all this?
These are the people who will
be greatly affected by making them pay their "fair" share
and there are those it won't bother at all. They won't
like it, but it won't put them under as it will in a lot of cases.
So, what is fair? You tell me.