heard it from far too many politicians whenever there’s even a hint at cutting
taxes…be it through campaign rhetoric or routine debate, “How
will we pay for it?” The “it”
being anything they want to spend your money on that benefits them
and their pet earmarks. They
publicly scream as if the money will be taken away from widows and orphans if
even a 1% cut is proposed. (Did you
ever notice how they say they can’t do with even a fraction less but
when they want to increase taxes, there’s never any mention about how you
will do with less?)
know you can’t take anything whatsoever at face value that comes out of
historical facts are that every time taxes were cut, tax revenue actually
truth is really simple and doesn’t require a PhD in economic theory to
explain. When investors have more
money (capital) to invest because they don’t have to send it to
about it this way, would you rather have 50 cents each from 100 people or 25
cents each from 1000 people? The
former is an example of higher tax rates from a smaller number of folks because
the capital just isn’t there to create jobs i.e. more taxpayers.
The latter is an example of lower tax rates from a larger number of folks
who are now working because more capital is available and the economy is
expanding. At the higher rate of 50
cents per person, you collect a total of $50.
In the latter example of the lower rate, you collect a total of $250 at
25 cents per person. More capital
is available for investment, which means more profit, more jobs and more
taxpayers. This is not rocket
thing that irritates me is when liberal politicians say that instead of cutting
taxes, they want to increase them on those “rich
capitalists.” Well who in
blazes do they think creates the jobs and expands the American economy?
Has anyone ever gotten a job from a poor or financially defunct business?
It takes economic expansion to create jobs in
liberals of both parties know this tax effect on our overall prosperity very
well so why in the world do they oppose tax cuts even though it’s been proven
over decades that tax cuts increase tax revenue?
When you want to know why politicians do most anything, look at
two self-centered factors and you’ll have you’re answer—power and control.
How do taxes affect their power and control?
MORE money people have in their own pockets, the LESS dependant they are on
government…or anyone else for that matter.
The LESS money they have, the MORE dependant they are on government.
The more dependent folks are on government and its “social programs”;
the more power politicians accumulate unto themselves and the more control they
have over us. Additionally,
and even more importantly in their world, politicians use the tax code to
manipulate the citizenry and industry of this country.
That’s really the ultimate reason our current tax code is so abysmally
complex—they’ve structured it to maintain control—granting tax favors in
return for political favors and flexing their political muscle over individuals
and business. It’s because of
this selfish, unquenchable appetite for power that we’ll never see the Fair
Tax or a Flat Tax implemented by our current officeholders.
With either the Fair Tax or a true Flat Tax,
the view from my saddle…
Contact Colonel Dan: email@example.com
Dark Canyon Home Page