The war of words has begun, well, it never really stopped, but it is heating up…..the magic word of the day is…..TAXES!

Obama is making his case for the rich to pay a higher rate (I refuse to succumb to the norm of labeling it)……Mitt is all over the taxes thing with his proposal of helping the well off and it will create jobs and revive the economy (trickle down does not work….period.) and the pundits dance!

Yes, I am one of those people that want EVERYONE to pay their share of this government…..my idea is simple…$0-$50,000–none, $50,001-$1 million–20%, $1 million-up–30%…I know that this will never happen but it is a more fair rate than anything anyone is offering now….

But let’s talk about it—there is one conserv pundit that says the same thing every time he is in front of the camera…..50% of all Americans pay NO taxes……apparently he and I have difference of opinion on the word “pay”…..if you work and draw a paycheck you will pay taxes!….they may get some or all back at the end of the year but they pay into the tax structure with every paycheck…..And the workers pay check is their ‘income’, right?

Wait!  Let us define ‘income’…….Revenues of an individual or legal entity.

Income is usually generated through sale of merchandise for profit as well as from salaries or commissions for the performance of services.

Now this is where I have a problem……..any and all income should be taxed at the given rate…..and that includes the capital gain stuff….in my opinion if money is made, no matter how, and the money goes into a bank account to be used by the person for stuff….then it is income, just like my check that goes into the bank for my use is income so is ALL cash that is gain by some form of employment…..so if it is income then it should be taxed at the going rate I posted previously.

We can have a smaller government without screwing the entire country because some guy wants to be the King On The Hill…….