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Showing posts with the label Bergin

How We Got Here And Why We Aren’t Going Anywhere Fast

Governor Malloy’s “shared sacrifice” was never evenly – some might say “fairly” -- distributed. Progressive Democrats, in fact, do not believe in shared sacrifice. Their credo includes, on the tax side, a progressive income tax in which the “rich,” defined as anyone making more than $200,000 per year, pay the lion’s share of governmental “investments.” SEBAC negotiator Dan Livingston is typical of the genus. In a progressive regime, the majority of people “invest” relatively little in their government and prudently vote for Democrats, who collect little from them in tax payments (AKA “investments”) while showering them with benefits. Whatever name one chooses to put to this lopsided getting and spending process, it is not “shared sacrifice.” Nationally, the wealthiest 1 percent of the population earns 19 percent of all income and pays 37 percent of the federal income tax , a figure that excludes payroll taxes for Social Security and Medicare. The top ten percent pay 68 percent of ...