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We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
- Sir Wintson Churchill
The Democrats appointed by Obama to his Budget Deficit Commission apparently haven't read Sir Winson. Having met just once, the commission is already floating as a fix to our deficit "pro-growth" tax hikes. As Hot Air points out, there has been no talk as of yet of cutting any of the 1 trillion in spending increases authorized by Democrats since 2007.
It has been no secret that this "Commission" is nothing but cover for Obama to raise taxes on all Americans. I have been pointing it out for months. And indeed, if the polls are accurate, most Americans realize as much.
When it comes to the economy, business, and our own personal incomes, there is no such thing as "pro-growth" taxation. The only thing that grows is the pot of money avaialable for our legislators to spend. If Obama thinks he and the left are going to spin the fairy tale of "pro-growth" taxation on America this time around, he will likely find few willing to believe.
3 comments:
A "pro-growth" tax would presumably have to be "revenue-negative" - which would lead one to ask, "Why tax at all?"
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"I predict future happiness for Americans
if they can prevent the government from
wasting the labors of the people under
the pretense of taking care of them."
- Thomas Jefferson -
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> When it comes to the economy, business, and our own personal incomes, there is no such thing as "pro-growth" taxation
Oh, come now, let's not be completely disingenuous.
Clearly, "pro-growth taxation" very much favors the growth of government.
You just have to read between the lines... y'see?
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