Sunday, June 29, 2008

Hypocratic Tax Policy

Media Matters is a not-for-profit that attempts to keep the media honest on their reporting. It really is amazing to see how often we are misguided by opinions and missed facts.

One of their articles titled The Edwards standard and John McCain is on how the wealth is so skewed from the left and right. Edwards has always been criticized as being too wealthy (even though he had humble beginnings) to be fighting poverty...ridiculous! Apparently, it is okay though for wealthy candidates to continue to push their wealth to higher places. There is just something that makes my stomach hurt about this.

The article takes us through how each candidate's policies effect their personal income...I was appalled after reading this. I know the argument. "Well the rich can use their money for spending to improve the economy"...but my argument is that they only spend with other people like themselves...Big Business. So the 365K of savings for McCain is invested in what? And how is it used to better our nation? Or is it used to better their own bottom line to make them richer. 365k is a lot of money!!! Let the wealthy fund the war in Iraq. They seem to be the only ones that don't sacrifice as much for us to be there. It's always the struggling families sending their sons to fight (I end here on this note before I head off into another rant).

How am I suppose to really believe in tax programs that give the rich such huge breaks! According to this article, McCain would save 6x my annual salary in one year. I am so much more aware of the insanity of some of the political rights arguments. The majority of this country is not rich. As a matter of fact, 95% of our country makes below $250k per household (less than what the McCains will save in one year!). If you want to see how "setup" our society's tax code is, do your own research. Mind you this is just personal income...forget the corporate taxes.

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