PLUMB THIS!

Now that the cat is out of the bag that Joe the Plumber does not make $250K per year and will be unaffected by Obama's proposed tax plan; can we now start talking about reality. I understand that it would be political suicide for either candidate to have a "come to Jesus" talk with the American people and let them know that taxes are going up, in some fashion or form, for someone and likely everyone. The national debt is now over $10 trillion and climbing. The government just voted to pump $700 billion into the banking system, which some critics believe will exceed $2 trillion before the financial crisis is over. The war in Iraq is costing the United States over $300 million a day. How can anyone cut taxes when spending is increasing? Regardless of what side on the political fence you are on, if you hear increased spending, and reduced taxes, you have a mathematical problem on your hands. Can we all agree that somebody is going to have to pay more? It will hurt the economy if Joe Six Pack is burdened by higher taxes. You do not want to tax middle America (what's left of it) in a recession. But then why should financially successful individuals and companies pay a higher share; that doesn't seem fair. I do not have an answer, but I can tell you that I don't want to pay any more taxes either, but will if it is for a good cause. Two things before I start my weekend and cash what is left of my check. 1st: Warren Buffet, who Forbes recently ranked as the world's richest man, while speaking at a $4,600-a-seat fundraiser in New York, said: “The 400 of us [here] pay a lower part of our income in taxes than our receptionists do, or our cleaning ladies, for that matter. If you’re in the luckiest 1 per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.” 2nd: When did paying taxes for a good cause become so unpatriotic?