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Section A: General News


Editorial: From one business owner to another: Our eyes are open




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About politics and other things
December 5, 2012 | 2,816 views | 85 comments

We received an unsigned letter recently from a Stockdale “Business Owner.”

Of course, our policy is to not publish letters that are unsigned and cannot be confirmed, but there were some interesting points that need addressing.

Ironically, this “businessman” is responding to comments by Jack Dunn, himself a retired Stockdale business owner. Dunn’s letter, published Nov. 14 in the WCN, was headlined: “Greed overtook presidential election.”

Anonymous takes exception to Dunn’s statement: This nation is now home to a huge and extremely greedy entitlement class of people, who truly believe they are entitled to the fruits of someone else’s labor ... .

He/she finds that statement “incredibly hypocritical, seeing that it was greed that first provoked our leaders to take measures necessary to attempt to correct all the wrong that was done a couple of terms back.” Obviously Anonymous is one of the “blame Bush” crowd.

He then correctly writes: “Greed can be defined in several ways. By the healthy and very capable, lazy people that choose to sit on their ass instead of getting a job, because their fear of having their food stamps taken away.

“It can also be defined by the multi-millionnaires that are paying the same amount in taxes as their secretary.” Anonymous is full of Kool-Aid!

There’s more: “Or, how about the business owners that move their companies out of the country and pay their workers peanuts to make a quick million?”

He closes by pleading with people to “OPEN THEIR EYES, and view greed by its true form.”

Let me see ... where to begin? Let me say first that I love Dunn’s opening statement: This once awesome nation, the brilliant snowcap on a distant mountain, the welcome light at the end of the dark road is no more. It has been bludgeoned to death by its own generosity.

I love that ... by its own generosity, because we know that Americans are known for their generosity.

As Dunn wrote, however, in order for the government to give, it first must take from another. While this giving of the fruits of someone else’s labor is billed for political purposes as being generous, it really just assuages the guilt of those who do not give individually.

As for Anonymous’ assertion that millionaires and billionnaires pay “the same amount in taxes as their secretary,” he may have “miswrote.” Perhaps he meant to say that they pay the same tax rate as their secretaries?

The tax rate is paid when money is first earned, such as in manufacturing, but rich folks such as Barack Obama and Mitt Romney pay a lower rate on investments because this is money on which they have already paid taxes -- not that Anonymous wants to be bothered with details.

He also is concerned about corporations moving operations overseas. This is a problem, of course, but when people want to buy cheap stuff and enjoy lower prices on merchandise, who can blame the corporations?

So what is Obama’s answer? He would further punish corporations, raising taxes even more. This would send more manufacturing overseas and increase even more the price that consumers pay.

American corporations already pay the highest corporate tax rates in the developed world. Making taxes even higher makes no sense. Republicans propose eliminating some of the actual tax loopholes, but Obama has said he would veto that; thus we have the standoff now in Washington.

If I may, as a third businessman in this conversation, with my eyes wide open, I will weigh in with Jack Dunn.
 

Your Opinions and Comments

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
December 26, 2012 9:05am
 
4th GT.....If I did, I would haunt you. :)

 
4 th Generation Texan  
Sutherland Springs  
December 26, 2012 8:17am
 
PG, you have a widow?

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
December 26, 2012 5:58am
 
The world according to ALVIN.....It's ok to have the government confiscate half of the contribution to fund my retirement from my employer but it's not ok for my widow and children to benefit from my contribution to the ... More ›

 
4 th Generation Texan  
Sutherland Springs  
December 25, 2012 12:04pm
 
Happy Kwanzaa (spelling?)

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
December 25, 2012 6:31am
 
ALVIN.......You pays your money and you take your chances. The result would have been the same if he would have had insurance (which he did) because the insurance company passes on losses to all the policy holders. By the ... More ›

 
4 th Generation Texan  
Sutherland Springs  
December 24, 2012 6:06pm
 
Merry Winter Solstice

 
Alvin Charmaine  
December 24, 2012 3:18pm
 
Prairie your grandkid will get 35k per year for almost 18 years, from the taxpayers. The most her spuse could possibly have contributed was 80k total- and more likely it was around 35k total. For his 35k total contribution ... More ›

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
December 24, 2012 11:05am
 
4th Gen Texan.....I haven't watched high school football in many years. I did watch a couple of youth football games this past season and the sportsmanship displayed by the fans was disgraceful. This was not reflected in ... More ›

 
4 th Generation Texan  
Sutherland Springs  
December 24, 2012 10:12am
 
Watched ALL of the state championship games (9 in total) over the week end and having a little bit of football withdrawal today. Those games make me appreciate more football at the high school level. You'll never see the ... More ›

 
PRAIRIE GROUCH  
GRAND PRAIRIE TX  
December 24, 2012 10:11am
 
4th GT....Sorry about that....forgot my PC rules. I hope certain ladies are not offended by my use of HO HO HO.....nothing personal Bro..

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