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Sunday, July 25, 2010

"Taxes are for the "little people" and other funny ideas: Ideas that persist

Some years ago, there was the story of Leona Helmsely---she and her husband were billionaires.....but their concept that only the "little people" should pay taxes got them in big trouble...and eventually Leona spent some time in jail. Click on the post for the story.

One would have thought that that was it. Folks would all laugh at Leona, and always remember the lesson of the tale---but recent stories all across the country suggest otherwise. Whether it is school districts where school administrations try to slip raises for themselves through while cutting other folks salaries, or in the corporate world, where the big boys get bonuses where the lower paid workers get pay freezes or firing.

So----all across the country there are cuts coming----cuts for you...and not for me...that seems to be the theory. And that theory is just as flawed now as it was with Leona. Let's just watch the story unfold.

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