Aug 28
Lets atleast speak the truth about income tax burdens
I continue to get annoyoed by the misleading conversation (probably intentional) over tax burdens and the rich. Trust me, i don’t fall into the bucket of the rich but i think people need to inform themselves on the burden picked up by the top 1% and even top 10% of income earners in the US. What do you think those top buckets pay? You think its fair to tax the wealthy even more and simply distrubute their earnings to the less wealthy? Here is the simple facts.
The top 10% of income earners paid 70% of all income taxes in 2005 vs. 48% of all income taxes in 1981. The bottom 50% of all people paying income tax only paid 7.5% in 2005! How much more should we tax the rich? Call me crazy, but this seems like punishing success and simply redistributing their income behind a foggy mirror. Some how punishing success doesn’t seem like a great way to grow an economy. The top 10% of income earners already carry the majority of income tax burnden for the entire country! Lets atleast talk the facts.
No commentsAug 25
Accidental bike ride through Denver DNC protest
I thought my first blog post would be something widly techy and geeky. Sorry to disappoint. My girlfriend and I went on a bike ride through downtown Denver yesterday. We live a mere 9 blocks from Broadway where some good protest rallies occured. DNC Protest: Standoff on Broadway . If i were in shape and just a bit quicker riding my bike back from the Highlands, we would have been right in the middle of this. I am a believer and disbeliever of protests. I believe simply out of expression. I am a disbeliver because i have a rational mind and know little if nothing is ever accomplished from a perspective of a protester and their cause. Sadly, you could probably find more evidence that the expressions carried out hurt the cause. But what do i know, I am just a 33 year old white guy who designs/creates software and still has reaccurent dreams of playing high school football and life as an international House DJ ![]()
