Thursday, August 11, 2011

WE SPEND TOO DANG MUCH AND RAISING TAXES ISN'T THE ANSWER

IF YOU TAXED THE RICH AT THE CLINTON TAX RATE IT WOULDN'T REDUCE THE DEBT BY AS MUCH AS REDUCING THE BUDGET TO 2007 LEVELS.



OR BETTER YET: LOWERING SPENDING TO 2000 LEVELS - BILL CLINTON'S LEVELS!



AND RAISING RATES THAT HIGH WILL HAVE A BAD EFFECT ON THE ECONOMY AND THEREFORE ULTIMATELY LOWER REVENUES.



SPENDING HAS GROWN MUCH MUCH MORE THAN THE TAX RATES HAVE DECLINED.



AND WE ARE NOT ADDING ENOUGH NEW TAXPAYERS TO THE ECONOMY.



LIBERALS ACCEPT THIS FACT WHEN IT COMES TO TAXING CIGARETTES AND FATTY FOODS. THEY KNOW IT WILL EFFECT BEHAVIOR AND REDUCE SMOKING AND EATING OF FATTY FOODS.



BUT FOR SOME REASON, LIBERALS DON'T ACCEPT THAT RAISING TAXES ON THE WEALTHY INVESTOR CLASS - WILL HAVE ANY BAD EFFECTS.



THIS IS A RESULT OF WILLFUL BLINDNESS.



BECAUSE LIBERAL "SEE" THE ECONOMY AS A STATIC PIE, THEY THINK THEY CAN MERELY SLICE IT UP AND REDISTRIBUTE THE SLICES.



BUT THE PE ISN'T STATIC. IT'S DYNAMIC.



AND IT TAKES HARD WORK JUST TO STAY IN PLACE, LET ALONE PROSPER.



AND TAXES AND REGULATIONS MAKE IT HARDER TO PROSPER.



WE NEED TO CUT TAXES AND SPENDING.



AND THE DEBT DEAL TARGET IS PUNY. $1.5 TRILLION OVER TEN YEARS IS 1/3RD OF WHAT THEY SHOULD BE CUTTING -AT A MINIMUM.



BUT I'LL SETTLE FOR IT.



UNTIL WE SWEAR IN PRESIDENT PERRY.








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