Energy Prospectus

I would not mind paying my income taxes so much if the bastards didn't just piss it away. The American people should be outraged by the $800,000 Vegas party taken by GSA. Someone needs to go to prison for something like that.

The VP of Purchasing did that at a major corporation they would be fired for cause. Our government will hold some hearings and blow it off.

Well said!!!! The only thing I would add to your sentiments is I would support the so-called Buffet rule if the bottom 50% of income earners in the country also had to pay at least SOME income taxes!

IMO the "Buffett Rule" is a very bad idea. It is really just a doubling of the rate on capital gains. That will drive even more capital out of the U.S. markets.

I have no problem with the really poor people paying no income taxes since they do pay a lot of sales taxes, gasoline taxes, etc. but that should only be about 25% of the population. That next 25% should pay something.

What really burns me is that they are taxing people on their Social Security payments. That is double taxation. Plus, Social Security is not a "entitlement". We worked hard for it and we paid for it. If all the money I paid & my employers matched for social security had gone into a private account, it would be worth well over $1 million today. I will never receive close to that in benefits.

The whole issue of SS is of great interest to me. First of all, my wife and I were both retired when we turned 62 and we took SS immediately. I figured that A = I would have to live a long time to make more than starting early, and B = it may well disappear for me long before I get to that break even age. I do pay a tax on some of my SS. I think that changes when we turn 65 - this year.

And yes - I paid for it. However, if we ever get some kind of comprehensive budget compromise I would be willing - as long as I am able - to give up some of my SS benefits. Hell, my mother was able to simply give hers away until her much later years.

The point I would make is that while I am willing to sacrifice (we are not in the 1%) I am not willing to give up a damn thing until much of the nonsense is stopped. IMO our dear leader is about to forgive student loans and home mortgage loan principals. Absolute nonsense - as is much of what goes on as vote buying in Washington.

Bob