I'm mad as hell and, well, you know the rest

I get hacked off every year about this time. No, it’s not the blood moon or frustration that the new season of 24 can’t come soon enough. It’s not that NCAA basketball is over or even Mother Nature slapping us with another ‘sprinter’ before real spring arrives. What’s got me all hot under the collar? I just did my taxes.

I know, I should probably let someone do this for me, put myself at arm’s length. Maybe if I don’t see all that money going out the door I won’t notice it. But I feel it necessary to see

where all my money’s going. That’s why I agonize over the tax forms every year.

This year was particularly brutal. I wouldn’t mind so much if I were able to choose where the money goes. For the second year in a row, we have more people getting food stamps than we have women working full-time. Think about that. Most of the food stamps go to women with children. Now we have about as many on government assistance as working. Talk about your war on women.

We have a national debt over $17 trillion. That number doesn’t even mean anything to most people anymore. It’s so out of control that we will never be debt-free in this country ever again. Well, then, why worry about it? Because we have to pay interest on the debt.

Right now we pay just under nine cents of every tax dollar to service the national debt. That’s more than we pay on government, education, agriculture and science combined. The experts tell us if we continue down the same road we’ll be paying about 30 cents of every dollar on interest by 2040. By 2050 it would be half of all money coming in. Think about that. No matter what your pet project is, there would be half the money to argue over because of the ballooning debt.

Here’s something else to think about. The Heritage Foundation estimates that, given the current road we’re on, by 2030 entitlements plus the interest on the debt will consume all tax revenue. We’re talking Social Security, Medicare, Medicaid and Obamacare plus interest on the debt and there’s no more money. That means no money for defense. No money for infrastructure. No money for science or natural disasters. No money for anything.

Don’t get me wrong about this tax business. I don’t mind paying taxes. Really, I don’t. What I mind is when my money is being wasted. What I mind is seeing all these people abusing food stamps and other government charities. What I mind is watching billions, if not trillions over the long run, thrown down a rat hole chasing a phantom like man-made global warming.

What I mind is seeing half of the people around me pay no taxes whatsoever and another 40 percent get money from the government they’ve never paid in through the Earned Income Tax Credit.

The liberals love to say the tax system isn’t fair and they’re right, only they think the rich should be paying more. I don’t know where I fit in as far as the rich go but I can tell you this. I’m one of the top 50 percent who’s actually paying taxes and I’m sick and tired of pulling this wagon while half the folks are riding.

If you’re making over $100,000 you’re in a group that’s paying 72 percent of all federal income taxes. That’s outrageous! Too few are working so that too many don’t have to.

And you wonder why I’m mad?

Phil Valentine is the host of the award-winning, nationally syndicated talk radio show, The Phil Valentine Show.

Can Detroit be saved?

You wanna hear something hysterical?  Ed Schultz and the rest of the talking heads over at BSNBC are blaming Republicans for the bankruptcy of Detroit.  Here’s their rationale.  Republicans out-sourced jobs, cut public services and attacked the unions.  Actually, Ed, it was the unions that caused the out-sourcing with their unreasonable demands which led to Detroit’s population dropping in half since 1950 which led to fewer taxpayers thus less government services.

The problems plaguing Detroit are obvious.  They killed the proverbial goose that laid the golden egg.  Let’s face it.  Detroit automakers made some stupid mistakes over the years.  They scoffed at the Japanese and European imports in the ‘70s thinking they were invincible.  Bad design coupled with horribly-built cars led to a steep decline in American-made automobiles.  The unions convinced their membership that the car companies existed to provide them a job.  In fact, they came to believe that it was their job, not the company’s.

In the meantime, the Democrat machine took over Detroit politics.  The last Republican mayor was in the late ‘50s.  Since 1970 there’s been just one Republican on the city council.  For the last 50 years Detroit has been a one-party town.  Guess what?  The party’s over.

In typical fashion, the liberals who have run Detroit for the last half-century demonized the rich and exploited the poor.  Inflated wages and unreasonable pensions drove industry south or completely out of the country.  The city instituted a wage tax – on top of the state and federal income taxes – in 1962.  Detroit also tacks on an extra corporate tax.  You couldn’t ask for a less hospitable place for business.  Couple the high taxes with artificially-inflated union wages and it’s a wonder Detroit lasted this long without going broke.

I was reading a newspaper report that said nearly $6 billion of Detroit’s $20 billion debt is due to health insurance obligations to retired city employees.  The article lamented that Detroit may push those people off on the Obamacare exchanges.  Now, understand that these ex-employees are eligible for Medicare at age 65.  That means that $6 billion is for people who are retired but not yet at retirement age.  Here’s a thought.  Go back to work!

That’s symptomatic of the problem.  Too many sweetheart union deals were negotiated.  The companies that made that mistake either closed down or moved but the city was stuck.  At this point all bets should be off.  I hate it for those folks who thought they could retire at 45 and live off the taxpayers but the bulk of the taxpayers are gone.

Which leads to the next point.  It never occurred to these liberals when they were waging class warfare that once they ran the rich people off there would be no money left to pay for city services.  They may still have 700,000 residents but those who stayed behind are disproportionately poor and disproportionately unemployed.  If Detroit is ever going to come back they’re going to have to eliminate the city wage and corporate taxes.  They’re going to have to welcome rich folks back with open arms instead of demonizing them.

Now that Michigan is a right-to-work state there’s hope.  The unions that ran industry away in the first place need to be dissolved and good, old-fashioned capitalism needs to be reintroduced to Detroit.  The moochers and looters have run the city into the ground.  The producers are what built it and they can rebuild it but in order for that to happen those running the city have to stop listening to the likes of Ed Schultz.  Or all hope is lost.

Phil Valentine is the host of the award-winning, nationally syndicated talk radio show, The Phil Valentine Show.