“Should five per cent appear too small
Be thankful I don’t take it all
Cause I’m the taxman, yeah I’m the taxman…” The Beatles
A few weeks ago I was having one those days again. You know, one of those “bluesy, down in the mouth kind of days.” Try as I might I just couldn’t seem to shake that melancholy feeling. It actually started in the morning after reading an article on federal taxes and loopholes for the rich in the LA Times. It reminded me that we had ended up on the wrong side of the IRS again this year as we nearly always do. Actually last year was one of those rare times we actually got a small return but this year we’re back to owing both the IRS and the State! Yep, we had to come up with a fair amount of money for good old Uncle Sam. Wait, did I say a fair amount? What I really meant was an UNFAIR amount!
I had always thought that by this time in our lives money would be a non issue, not that we would be wealthy or anything, simply that money matters wouldn’t be anything to be concerned about, but of course that didn’t happen. Here I am at 63, newly retired, living the so-called dream, hoping to make it all work out so that the dream doesn’t ever become a nightmare. I’m a realist and know that anything can happen, especially with the state of the economy in recent years. So with money matters weighing heavily on my mind it made for just “one of those days.”
In addition to state and federal income taxes and sales tax we’re paying more for medical insurance, housing, food and groceries, automobiles, appliances,utilities, gasoline, just about everything we need, making it harder and harder to work the plan. And of course there are always those costs that seem to catch us off guard, you know, unexpected medical and dental costs, car repairs, appliance melt downs, home repairs and a host of other expenses. Yeah it seems its always something. If we’re lucky we might have a little left over for a little entertainment or a vacation, maybe. I’m sure there are many of us Boomers that are in the same boat.
Now don’t misunderstand, it’s not that I worry about coming up with the money to pay my yearly tax bill, that’s not the problem, I can do that. What really bugs me is that I have to pay it at all and I don’t want to! Hell, Uncle Sam gets a big enough portion of my check already without me having to dig into my own pocket to payoff any extra! It just doesn’t seem fair!
It’s incredibly frustrating to me that millions of working Americans are paying our fair share of taxes to help keep this country afloat, while idiot politicians in Washington DC recklessly spend our money on needless projects. These self righteous SOB’s don’t have a clue! They’re not only wasting taxpayers hard earned money but stealing trillions of dollars from future generations, creating the largest debt in our nations history and my tax payment does nothing to bring down that debt. What it does do is diminish our spending power and our ability to save for the future!
I have to tell you, I’m fed up with all the self-serving Democrat and Republican politicians and all their bull shit! They cut and chop away at social programs and education, the things that once made our country great. Telling us to tighten our belts and make sacrifices for the good of our country, while large, deep pocket corporations who own them, continue growing fat! Our country is going broke and we’re supposed to reduce our living standard to pay for their greed. I don’t think so!
While you and I cut back on our spending and are asked to do more than our fair share, corporations like B of A, General Electric, Boeing and Citicorp. enjoy millions of dollar in profits while paying little or no federal income or corporate income tax! In fact 2/3’s of American corporations pay no federal income tax! Add to that the 1470 millionaires in the U.S. who paid no federal income taxes last year and you can see why I’m more than a bit perturbed! Everybody should be made to play by the same set of rules, no exceptions. We should all be doing our part. But that’s not ever going to happen as long as greed is alive and thriving in the good old USA.
I tell you, somethings got to give and soon! Things are not getting any better for most Americans and we’re getting sick and tired of the political rhetoric! Politicians best see the handwriting on the wall, their political futures are at stake. Politicians are elected officials, they are supposed to represent us, the many, not the chosen few. The climate is right for for change, the time is now! We, the people, are fed up and we cant take much more of this crap. The American people united and revolted once before and were victorious! Perhaps the time has come to do it again!