Senate majority leader, Harry Reid, recently made this statement: Everybody … including the rich people, are willing to pay more. They want to pay more. He was talking about taxes, that everyone wants to pay more taxes to the federal government.
Besides the fact that his statement was so incredible as to be ludicrous, bordering on serious delusional behavior, I had to wonder about the taxes that Harry Reid pays.
The arcane, esoteric, convoluted, and impossible to know IRS code allows for many deductions that allow people, like Harry Reid, to lower their effective tax rate—that is, to pay less tax. Now, if Harry Reid is part of “everybody” and not part of the new aristocracy then he wants to pay more taxes.
Therefore, Harry Reid probably doesn’t take advantage of the deductions that are in the IRS code that apply to him, of which I’m sure there are several. Of course, if he does take advantage of those deductions then… well then Harry Reid would be a hypocrite.
Of course, he is a politician so that’s nothing new. Congress did exempt themselves from the rigors of the Affordable Health Care Act, a.k.a., Obamacare. Obamacare is just for the commoners… uh, that is, the regular citizens… uh, you know, the people of the
that aren't in Congress or appointed to office or working for those that are.
So how about it Senator Reid, do you pay all the taxes you can and not take any deductions to lower how much you pay to the federal government, since you are part of the “everybody” you said wants to do that? Or, are you really just a hypocrite and think you are so darned lucky to be part of the new aristocracy and take advantage of all the deductions you can, as well as not having to participate in all the laws you help pass, like a co-equal citizen?
What do your tax returns say?