Friday, March 25, 2011

Thursday, March 24, 2011

What Is Your Philosophy?

Conservatives are busy cutting taxes for the wealthy while slashing programs which help the less fortunate or which run contrary to their ideology.

The majority of Americans who work have income which is taxed at 25% or above. The wealthy send their money to work, and receive income in the form of capital gains and dividends; that income is taxed at 15%. Which should be considered more valuable, income from people doing actual work, or income from money which is doing the work? Conservatives think that if you have to work for a living, your income should be taxed at a much higher rate.

Tuesday, March 22, 2011

FactCheck.org's Lies About Social Security


In Democrats Deny Social Security’s Red Ink on FactCheck.org, the author claims that Social Security is contributing to the deficit. The only reason it is apparently doing that is because the debt/deficit figures do not count the U.S. Treasury Bonds held by the Social Security Trust Fund as a liability, unlike the U.S. Treasury Bonds held by China.