Monday, December 12, 2016

Dec. 12, 2016 - PPM - Two Cents Times Five

This week's PET PEEVE MONDAY (PPM) is that renown feminist Gloria Steinem is refusing to pay her taxes.  More specifically, she says she will send the portion of her income taxes that would normally go toward funding Planned Parenthood directly to the organization should President Trump or the Republicans take away their funding.

Dear. Ms. Steinem -  Please don't call me a misogynist if I refer to you as "Buttercup."  It's not a gender-specific term.  This is not how the tax-collecting, government-spending process works.  

Even if you were able to line-item your contribution and select how your tax monies were spent, consider your actual contribution.

The math behind it is pretty hard to understand. Again, not a misogynist, but I do have a MBA in Finance while your degree is not.   Let me break it down for you.

US 2016 Annual Budget - $3.900,000,000,000
2016 Planned Parenthood (PP) Funding (US taxes) - $500,000,000
PCT of US Budget spent on PP -  0.013%
PCT of PP business that is abortion based - 33% (they claim its 3%)

Gloria Steinem annual income - $178,000
Gloria Steinem taxes paid (28% bracket) - $49,840

Note - We all assume Democrats take no tax deductions because they want to pay their "fair share." Her effective rate is probably closer to 15%.

Total amount of taxes paid by Gloria Steinem that goes to abortion funding is:

 ($49,840 *0.00013 * .33) or $2.13

If you index this amount for her actual effective tax rate and the 3% Planned Parenthood figure they post in their literature,  her possible TRUE contribution is:

$.10 or ONE THIN DIME.

So Ms. Gloria Steinem - you can hardly afford to put your two cents in, but thanks for taking a stand.  A position that cannot be legally performed or supported.

Sorry Buttercup.

By the way - this is Misandry, which is just as bad as Misogyny. 



Labels:

0 Comments:

Post a Comment

<< Home