Saturday, July 23, 2011

US Debt Ceiling, Are You Kidding Me?

This is getting serious. John Boehner storms out AGAIN. President Obama has offered serious cuts to Medicare, Medicaid and Social Security, and asked for taxes from the rich and corporations. I don't know why the corporations complain, they don't pay them anyway. Seriously, GM takes in how many billions and pays ZERO taxes? Do you read these news articles about what the corporations don't pay? They have a 35% tax rate, but so many loopholes that they never pay anything at all. Apparently Republicans think no services should be given to the poor, only to the rich, and only the middle class should pay taxes. Poor have no money, rich want to hold onto their money, and corporations are too slick to ever give out any money. So, if you're middle class you are totally screwed.
For starters, Social Security should be taken out of everyone's paycheck, regardless of how much one earns. Right now that is capped at 100,000. Why? They still give you a benefit check if you earn over 100,000. Pay up. Also, close down those corporate loopholes. Give them credit for doing good works, but tax them fairly.
And until Congress can reach a compromise how about we shut off their pay? That's right, all payment to Congress is suspended until agreement is reached. What do you want to bet agreement is reached before August 2nd?

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