| PUBLICATION HISTORY Words Have Meaning
and The Rich Don't Pay Their Fair Share.
Copyright © 2010 by DL Tolleson. All
Rights Reserved.
AUTHOR COMMENTARY
This originally appeared as a June 28, 2009
entry in The Great American Novel
Blog on this web site and was under
the headline, Why Don't He Write.
Prefaced by an intro regarding the web site's new
form and content, this addresses the housing
market meltdown and tax contributions by the
wealthy. The orignal, now removed into, began
with:
A few minutes into the film Dances with
Wolves, a human skeleton is encountered out
on the frontier of Post-Civil War America.
Partially obscured by tall grass and
sun-bleached a bright white the rib cage of
the skeleton is riddle with arrows. Seeing
this one of the characters jokes,
"Somebody back east is wonderin', 'Why
don't he write?'"
I expect the same has been said of me:
Why don't he write?
Well, now I have.
I thought it was a creative way of easing site
visitors into the fact that, after years of
politicians manipulating words, I just
couldnt take it any more. The web site
changes were balanced between fiction,
non-fiction and the new blog of current events.
I hope the readers now come away with not only
what they want (entertainment) but also the
incentive to at least contribute their votes to
the preservation the ideals in the Declaration of
Independence and the form of government as
established in the Constitution of the United
States of America.
Or as Superman puts it: Truth Justice and the
American way.
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Words Have Meaning and
The Rich Don't Pay Their Fair Share
DL Tolleson
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Any person can "sound" great, but to be of
any value one's words must have meaning. Let me give you
a couple of examples.
WORDS HAVE MEANING
We have a new American President who some months ago
said that we had to spend trillions of dollars in the
short term to insure prosperity in the long term. Of
course that doesn't make sense and he got away with it
because of the way he phrased it. His actual quote was,
"...we must add to our deficits in the short-term to
provide immediate relief to families and get our economy
moving."
When said that way, it sounds wonderful. The problem is
that trillions of dollars in deficits provides precious
littleif anyrelief in the short term: None in
the long term. We simply cannot get "our economy
moving" by saddling ourselves, our children, our
grandchildren and even our great grandchildren with a
bill for trillions of dollars. That, dear reader, is not
temporary, prosperous or economically viable.
And while Im on the subject
I never thought I
would live in a country where the government could tell a
private company to ditch their CEO. That sort of thing
was okay for the old USSR but in America? Unbelievable.
Dont tell me we had to do something.
Thats a crock. Two wrongs dont make a right,
either. Just because some monster company took a
handoutgranted a HUGE handoutfrom the
government does not make it right that the government
should start taking over. In truth, the government
shouldnt have been handing money out like it was
freshly printed monopoly money. If a business has
problems that it cant dig itself out of it should
go belly-up. I dont care how big it is.
The problem with the economy is not one related to Free
Enterprise or Capitalism. I know that sounds like a big
horse pill to swallow, but its the truth. There
were specific problems that the Bush administration tried
to address as far back as the early 2000s. It was
democrats that blocked those recommendations and the very
things that are on record as being predicted, have now
happened. Also, banks didnt just decide to abandon
sound lending policies and throw money at people who were
unlikely to pay it back. The banks were practically
strong-armed into making bad loans.
Oh, I'm sure some of you are about to blow your stack
about now. I can just hear it: "Tolleson, you
capitalistic pig, the problem with our economy isn't a
Democratic or Republican issue! We've let too many crooks
get away with financial murder!"
Well, you're partly right: It's just that the crooks who
got away with financial murder were the Democrats who now
run the show by covering up their tracks with high and
mighty sound bites.
And no, I'm not just pulling this out of thin air.
Have a look at the this news item:
YOUTUBE: SEPTEMBER 24, 2004 REPORT
Or this one:
YOUTUBE: DEMOCRATS FIGHT REGULATION IN
2004
Or any of these more than sixty video clips of crooks in
their own words:
YOUTUBE: 60 PLUS VIDEO CLIPS ON FANNIE
MAE HEARINGS
And then on top of all of this came the bailout money.
(The term "bailout" works only if you think of
the economy as plane in flight and we just bailed out
without parachutes.)
Here's a simple truth: If you're in debt up to your
eyeballs, you dont get out of debt by incurring
additional interest owed on a new loan. Even though paper
money has no intrinsic value, whenever it is borrowed,
loaned or printed, it cost more of it.
If you really want to know the truth, then get your head
out of the sand and stop listening to the soundbites
thrown at you by the Washington crowd. Where to look?
Well, if you avoid the goose-stepping mainstream media
youll learn a lot. But pay attention when looking
for the truth: The truth, the whole truth and nothing but
the truth are three separate things and when one is
absent, you are being fed an agenda.
The truth about the rich, for example...
THE RICH DONT PAY THEIR FAIR SHARE
Those rich fat cats get away with everything. For
example, the filthy rich top 5% of wage earners pay over
half (about 54%) of the taxes collected in this country.
Drop down the pay scale a bit and include the nearly
filthy rich and the top 10% of the wage earners pay about
65% of ALL taxes collected. Drop down the pay scale a bit
more to include the well to do and we find
that nearly the entire burden of taxationroughly
3˝ to 4% shy of the ENTIRE collection of taxes is paid
by the top 50% of wage earners. Not 50% of everybody, but
rather just half of the top wage earners are paying
roughly 96% of all taxes. This group also includes mom
and pop operations that hire employees while paying other
business-related expenses, overhead, fees and taxes,
If you have Excel, you can look at the numbers for
yourself at the IRS web site:
IRS EXCEL 2003 TABLE REGARDING WHO PAYS
TAXES
Those are 2003 figures released in late 2005. The current
projections are equally staggering. In short, the
so-called rich are getting taken to the
cleaners.
I could go on but I'm sure you get the picture.
Next time maybe I'll discuss the meaning of the words,
"Obama tax plan." Here a preview: The
"rich" aren't the only people being taken to
the cleaners.
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