It was mentioned in a post a couple of days ago about the difference between Democrats and Republicans. Of course if you go by what the OP put down it could have been called "The Saviors & The Devils". But moving along, I made a few comments on a few of the 'points' but didn't have room for these.:
The rich don't pay their fair share of taxes: I know that I'm not the only one who is sick to death of hearing this. Let me tell you a little secret that Obama won't tell you. The core Democrats don't care about increased taxes because 1) They are so rich that it doesn't matter to them. 2) They don't pay taxes, or 3) They work for the government.
Do you realize that the top 10% of families with income over $112,000 pay 70% of all the taxes? Does this sound like it's fair or that they don't pay their fair share? Then that money that they have earned is given away to other families. You know that Americans are the most generous & giving people in the world, when they can give willingly. We don't like to be forced to give. Also, there should be 'strings' attached, such as learning to help yourself to become independent and support yourself, which in turn allows someone else to be helped. It also gives people pride to take care of themselves & their families. The Democrats, on the other hand, want to give away more & more. Are they so dumb that they can't see that more & more people loosing their jobs, means less & less people in the workforce. And soon, there will be no more money.
But why don't the richest people have to pay taxes? Well here's an example of a real person and how he got rich. His name is George Kaiser, he is a good friend of Obama's and is a top Bundlers for his campaigns. He is #88 on the Billionaire's List and in 1 - 6 yr time period increased his net worth enough to make Forbes 400 Wealthiest Americans.
In 1997, the Internal Revenue Service sent Kaiser and his companies tax bills for more than $72 million in back taxes, interest and penalties, covering individual and corporate returns filed from 1986 to 1992. Kaiser filed returns showing his personal income averaging negative $860,000 between 1986 and 1991; his holding company, GBK Corp., and its subsidiaries reported an aggregate loss from 1989 to 1992 of $507,000. Only once did he report taxable income --of $11,699 -- which would equal $5.62 an hour. This whittled down from an average of $194 + million a year from income & assets of which he issued Grants of about 58 million /yr or just 1.7% of net assets.
How come Obama never talks about good old George? I know, he's too busy bashing Romney.
I have to take issue with the headline on Allison's article: "Barack Obama's other billionaire: How George Kaiser turned Oklahoma into his personal tax haven." Allison's focus is on Kaiser's avoidance of federal taxes and doesn't mention Oklahoma taxes. However, as long as we're on that subject:
OCPA's AccountAbilityOK online database of Oklahoma spending, revenues, payrolls, pensions, and tax credits shows that George Kaiser claimed over $29.5 million in state income tax credits for fiscal years ending 2009 and 2010, nearly all of it for venture capital investments. BOK Financial Corp and Subsidiaries claimed $10.5 million in Oklahoma tax credits for FY 2010; the bulk of it, $8.3 million, was the Space Transportation Vehicle Provider tax credit.