Democrat Math

Recycling is a hoax. It spends more energy than it saves, it costs taxpayers millions, it does nothing to save space in landfill or prevent increased used of fossil fuels or dangerous chemicals. It's only benefit is that it makes people feel good.

Governor Jerry Brown of California personifies recycling: old stuff plus tons of energy and effort, equalling more waste than before.

His recycled idea to bolster California's struggling economy: TAX HIKES. His "millionaires tax" plan targets wealthy individuals specifically. You know: they need to pay "their fair share", another recycled mantra. And the threshold for the millionaires tax? Those who make $250,000+ annually. Because, according to the rehashed 60's Keynesian:

“Anybody who makes $250,000 becomes a millionaire very quickly if you save it. You just need four years,” Brown said. “It is a millionaires tax. It taxes millionaires, right? And it’s for schools. And it protects public safety.” When in doubt, raise taxes, and talk about the investments in education and need for police and fire fighters.

Boy, how many times have we danced to this tune.

Remarkable still is Governor Brown's understanding of what constitutes a millionaire. I know democrats tend to struggle with math and budgets and book keeping... Obama, Geithner, Orszag, Rohmer, Pelosi, Reid take note... but this failure to grasp rudimentary IRS workings is pretty staggering. I guess they are not used to paying taxes. Hell, Charlie Rangel didn't even know he HAD to pay taxes. Maybe when you live in the bubble of liberal intelligentsia you forgot how life works. So, here's my attempt to help Jerry Brown:

Home State of California

Married Man with 1 child

Annual Income: $250,000

Here's how my paycheck would look, if I get paid monthly (courtesy of PayCheckCity.com):

Monthly Gross Pay: $20,833.33

Federal Withholding: $4,414.29

Social Security: $875.00

Medicare: $302.08

California Taxes (before Jerry Brown adds on): $1,883.51

SDI: $208.33

Net Pay: $13,150.12

Now, I haven't deducted a DIME for 401k, Flexible Spending Account, Life or Medical Insurance. And just for fun, I'm going to leave all that out, because I want to prove what a moron the Governor of California is.

From my $13,150 monthly paycheck (I'm even giving the Governor an extra $0.12 monthly because it's easier math and... it's more money to invest in education or green energy... or the children), let my buy myself a home. Average home price of California is $295,100 (According to Zillow.com).

But aren't I a "millionaire"??? I'm a rich fat cat- just look at the tax the Governor wants to throw on me! So no way do I live in an average house... no I'm going to buy myself a $500,000 home that I put 20% down on- my $400,000 mortgage is roughly $2500.

$10,650.

Car insurance for 2 cars? Carinsurance.com says California averages $1215.85 annually- Let's just say $100 per month, but as a millionaire, I have two cars. (What should my wife not have her own car? Sexist...) $200 per month.

$10,450.

Property taxes? Tricky... depends on where I live- and that opens a whole can of worms- but, tax-rates.org, a tax website, says that in 2012 Californians spent 0.74% of the value of their home on insurance- so annually $3700. Monthly- $308.

$10,142.

Daycare? According to the National Association of Child Care Resources and Referral Agencies study in March 2011, in California the average cost of a 4-year old family center is $6596 annually. More if my child were an infant... but for Governor Brown's sake I'll just make 'em twins... $13,192 ($1099 per month).

$9043.

Can I eat? This study: Official USDA Food Plans: Cost of Food at Home at Four Levels U.S. Average, May 2011 said that my family of four would spend $193.10 if we had a "moderate" plan... and being millionaires, I figure we would be at least moderate... after all, don't us millionaires eat foie gras with sauternes every day? (Keep the ten cents, Jerry)

$8850.

Gas? CNN says in 2011 the average person spent $368. Can my wife drive, too? We are millionaires...

$8126.

Oh- by the by, understand that I haven't paid an electric or gas bill (and the accompanying tax), don't have a pet, I must be naked because I haven't bought any clothes (nor the sales tax), never go to a movie or a restaurant, never take a vacation, and lucky for me, I've never needed to fix my roof, buy mulch, change the oil on my car, get eyeglasses, or give to charity. I must not have cable, internet, a cell phone, a magazine subscription, dry cleaning (I'm naked, right?) or toys for my kids.

And that amount, that rough, crudely estimated total of $8126 per month, times 12 months, is $97,512 annually. And if my family of four lives this way for the next 10 years, without any inflation, and no need for a new car, new shoes (I must bind my twins' feet...), no soccer teams, damn I won't even buy roses for my wife's birthday... I can be a millionaire in just over 10 years and 3 months.

Watch out America cause in July 2022 this future millionaire is going to go crazy! So, yes Jerry Brown. Raise those taxes on us "millionaires" earning $250k a year. After all, we don't need to go to the dentist and enjoy being naked.

Democrat math by a recycled Governor. Way to go, California. For choosing him over the incredible Meg Whitman you deserve to be naked. At least you millionaires.