Monday, July 18, 2011

Cutters

NY City Buzz Examiner : New York City is evaluating its budget and taking action accordingly. A NYC program that distributed performance bonuses to teachers will be permanently discontinued. The teacher bonus program distributed $56 million to teachers and school staff members over the past three years. On Sunday, the Department of Education announced the program will be cut.

Hedge fund billionaires pay about half the tax rate that middle class Americans do. They won't be getting a pay cut any time soon.

In order for America to "tighten its belt", as Obama likes to say, old people and the working class need to do with less.

The wealthiest Americans.. not so much.

I really think we should codify it in law.. in order to "reward success", that we take money from the poor and middle class and give it to the wealthy. Lets set the cut off at a half million a year. If you make over that amount, you get cut in on the profit sharing, obtained from anyone making less than a half mil. That would encourage everyone to be more successful.

I would make that one of my campaign promises if I ran for office.

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