A Deadly Forty Weeks
I am writing you today in regards to an issue that you know all too well. First off, I just want to say that I am little edgy lately, so please forgive my bad penmanship… The next 40 weeks are going to be a wild ride for me, I’m not really sure I am even going to be able to survive.
You see Mr. President, I and many others my age were swindled out of a lot of money. I’m not really sure that I can blame the whole situation on the Wall Street crash of 2008, but I’m starting to be that it had a lot to do with it.
The people I was to entrust me wealth to the most, were the ones that betrayed my trust the most, and I’m wondering if you can help. I’ve seen all the bail outs that the Republicans, and Democrats have to the auto companies, banks, unions, corporations, lobbyists, fat cats, and I just wanted to know if I will ever see a piece of that pie?
You see Mr. President, I’m not really that much in debt, only $50,000 or so, and for a personal bailout it would be wonderful. This would ensure that me, or my family would not have to spend 1/3 of our income just to pay interest on the money that we borrowed from foreigners. This would ensure that the money that we spend in the future, is not somehow devalued, causing massive inflation.
Now you said that the best way to solve this problem is to tax the wealthy… They need to pay their fair share. But who exactly are the wealthy? Is it a businessman that has sole-proprietorship, and earns roughly $300,000 a year? That man already has to be his payroll, income taxes, social security, sales, state income, excise, gas tax, unemployment tax, workman’s comp… I’d had to see what would happen to that poor man if he formed an actual corporation.
Maybe we can tax the wealthy billionaires. We’ve already heard from many economists that there are approximately 397 billionaires in America. The entire total wealth of all billionaires in this world is about $1.6 trillion. If you taxed the billionaires at 100%, you barely have enough to run the country for one year… But then what? What about the jobs of the middle class? What about the seed money of the entrepreneur’s in America? What about the scholarships for kids who can’t afford college? There would be none, because you’ve taken it all.
Okay, let’s go with a more practical approach. Let’s go with your plan, to tax millionaires and billionaires at 39%, like they were under President Clinton. The C.B.O. estimates that would only raise enough money to run the government for 3 ½ days. Well sir, what about the other 361 ½ days? See the math makes no sense. Meanwhile, I’m still $50,000 in debt, and I never even got to spend that money. It’s not l used it to buy a new car, a down payment on a house, or even college. No, I got a burden $50,000 on my back, because that’s the burden that every American shares as of September 4, 2012, when the national debt became $16 trillion dollars. When you because President, it was $10 trillion… You do the math.
Mr. President, I’m not really sure I am going to get out of this alive. You see, one thing you’ve also done, is make the place I’m in, one of the most dangerous places in the world. It’s no safer than Afghanistan, or Mexico, because here… I’m helpless to protect myself. I could just be thrown out like yesterday’s garbage, and it would all be totally legal. In fact, if I was killed, some in your administration would call it a “right,” well where is my right Mr. President? How come I don’t equal rights? Rather than have the burdens of someone… It’s going to be a loooong, and unsure 40 weeks, I can tell you that.
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