50% Pay NO Taxes

This article equates getting a tax refund with “a payday,” but to most people who DO get a refund it is getting back the money the government held, and collected interest on for a year. But the fact is, OVER half of the U. S. population pays NO income tax because their “income” is a welfare check. And that number is growing, fast, and will grow faster as Obama’s socialist dreams are realized. The top 10% of earners (Obama’s definition of rich), households EARNING an average of $366,400 in 2006, paid about 73% of all government-collected income taxes. The bottom 40%, (including those collecting a welfare check every month) pay NO TAXES at all. 50% of the people are getting something for nothing, according to Curtis Dubay, Senior tax policy analyst at the Heritage Foundation.

All this is not Obama’s fault, though (yet). All his “tax cuts” are “targeted tax cuts,” put in place to make sure certain people do what they’re told (and aren't really "tax cuts" at all, but are government spending programs). There are some "tax credits" for people who do what they're told. His tax INCREASES far outweigh the few paltry “tax cuts” he claims, along with his frightening spending and money-printing, which will cause massive inflation (inflation is "taxation without Congressional action") in the NEAR future, which is massive THEFT from Americans since it makes ALL money in existence worth less. America is broke. It just doesn’t know it yet, because it can still borrow and continue to spend as long as countries like communist China will buy our debt. That will not last long. I just hope I don’t live long enough to suffer from it. (Yahoo finance)