I am paying attention to politics like never before. Compare my social classification from 8 years ago to now, and the differences are massive.
I'm married. I have a child. I own a business. I'm a partner in another. Taxes are a whipping: corporate, partnership, individual, federal, state, etc. Health care is unrighteously expensive (about $800/month).
Simple thoughts.
The Dems (HRC, BO, and JE) want to raise capital gains taxes. That's the dumbest thing I've heard of since the "New Coke" (circa 19-80-something). Move 20 percent to 28 percent? Yeah that will get people investing in the economy. Now that's change I can believe in. It would sure change, and I believe it. And it would be the worst thing for our times. Slowing economy, weakening dollar, China and India are bidding (and in some cases over bidding) for the same oil the US wants, possible recession. Wait… let's raise capital gains, that will fix things. Dumber ideas have never been discussed.
Employee based health care is the second dumbest thing I've ever heard of. Small Business is the creator of jobs and the entrepreneurial spirit of America. So why make it so hard for people to get HC insurance? What if you're a sole prop? What if you're in a company with less than 15 employees? I've been insured by Aetna, Blue Cross Blue Shield, United Health Care, Humana, and probably more that I can't even remember. I can't stay with Aetna because I don't work for KPMG anymore. I can't keep my Blue Cross coverage, because I don't work for Scient any more. And on and on. Why is it a company's burden anyway? What's the message? I can go get a job with some big fat company, clock in, clock out, most likely not enjoy my day to day, but I can get fabulous insurance on that path. Wow. Our hospital bills out 1 pill of Aspirin for $6. Double wow. I wonder why my family coverage is nearly $10,000 per year? What's the going rate for a band aid?
IRS vs Consumption Tax.
The IRS is the 3rd dumbest thing I've ever heard of. Anyone talking of ridding of the IRS and moving towards consumption based taxes… I'm listening (and probably voting). Mega rich actually historically pay a low percentage of taxes. Complicated corporate structures, teams of CPAs, filling every loop whole with credits and write offs like it's a game (because it is). Illegal immigrants don't pay taxes, and they get free health care. That's quite an incentive. No wonder they're coming in droves. Crime lords, illegal businesses, hookers, drug dealers... what is their tax bracket? Oh wait, there's not one. Only the legitimate are taxed, because that's how the system is set up. And most any study would support me saying there are tens of millions of illegitimates in the country. The poor don't pay taxes, so the get in line so they can be paid by the government. If you barely qualify for welfare, what motivates you to make another $1000 a year? You could lose welfare and start paying taxes? Boy that sounds desirable. What part of any of this sounds like a good plan?
Tax my car. Tax my cheese, paper towels and property. Leave income alone. Taxing income is counter productive at best.
So to make a long story short (too late), I'm all over this election season. Can't America be presented with change they can (actually) believe in? I just ask for one other qualifier. It has to be good change.