Tag Archives: taxes

Lower Taxes to Increase Revenue


Thomas Jefferson said:

I, however, place economy among the first and most important of Republican virtues, and public debt as the greatest of the dangers to be feared.

The state of our economy has not been improved by the massive stimulus spending…most of which will happen right before the mid-term election.  Our nation’s public debt is the greatest it has ever been.  Why do We The People sit, election after election and turn a blind eye to the destruction of our viability as a free nation.

Think what you do when you run in debt; you give to another power over your liberty.

~Benjamin Franklin

The fact that we don’t know our nation’s history is causing us to relive it.  For instance, we’ve explored the benefits of lower taxes and the futility of raising taxes in the 1920’s.

A prime example of the benefit of lowering taxes can be found in A Patriot’s History of the United States: From Columbus’s Great Discovery to the War on Terror”>A Patriot’s History of the United States can be found by examining Andrew Mellon, President Warren G. Harding’s secretary of the Treasury,

Commissioned a study of why the wealthier classes had paid less and less in taxes as the government raised the tax rate on them repeatedly. The rich tended to invest abroad rather than build new factories and mills in the United States and then suffer from the 73 percent tax on any income from those investment.

After his study of falling tax revenues revealed that the amount of money gleaned from the upper classes had declined with each new rate increase, Mellon concluded that lowering the rates on everyone, especially the wealthiest classes would actually result in their paying more taxes.  From 1921 to 1926, Congress reduced taxes from 73 percent on top income earners and 4 percent on the lowest taxpayers to 25 percent and 1.5 percent, respectively, then down even further in 1929. Unexpectedly, to everyone except Mellon, the tax take from the wealthy almost tripled, but the poorer classes saw their share of taxes fall substantially.  The nation as a whole benefited as the national debt fell by one third (from $24 billion to $18 billion) in five years.

Mellon’s tax policies set the stage for the most amazing growth yet seen in America’s already impressive economy.

~ Larry Schweikart & Michael Allen

A Patriot’s History of the United States

 

During his presidency, Ronald Reagan proved again that lowering taxes helps to fuel the engine of the economy as demonstrated by great economic growth that extended beyond his years in office.  Andrew Mellon had already made the case that if you raise taxes on the rich, their money will move off shore and out of reach of the greedy hands of government.  Enough is enough.

Until We The People insist on the Constitution being the foundation of our nation again Congress will never cease their continual attack on our freedom.  Our Founding Fathers never intended for government to regulate every aspect of our lives.  They would have thought passing the national debt from one generation to the next sinful.  We The People cannot look to government for answers.  We The People need to be self-reliant, innovative and free to succeed or fail.

Each citizen has a duty to demand accountability from our representatives in every level of government.  We The People need to step up and solve problems rather than looking to government to do it for us.  Get involved in politics, because unless we are vigilant, our republic will be no more.

When asked what form of government they’d given us, Benjamin Franklin replied:

A republic, if you can keep it.

What are you going to do about it?

God Bless America!

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Personal Responsibility


Consequences to our individual choices are inevitable. If you touch a hot iron, you are going to get burned. If you jump off a cliff…

Here we are, on the edge of that cliff called socialism. The question is are we going to get pushed?  Right now, we are talking about all of the uninsured Americans that need access to good health care.  Having been on the periphery of the health care industry for more than a decade now, I can tell you there are many programs that are already in place to help those in need. You have Medicaid, Medicare, CHIPS and county health care centers providing for those needs.

If this nation jumps off the cliff of socialism by pursuing the health care plans being torpedoed through the system, we will be making an irresponsible choice.  The proposed cost can’t be covered without confiscatory taxes to avoid new debt.  The people of this nation trusted Congress to guard our interests and protect our prosperity.  For this nation to survive, each of us will have to accept responsibility for the quality of our lives.

“It is important that we begin to unpack those challenges that confront this nation and realize that we each have a role that requires us to change and become more responsible for shaping our own future.”

~~Hillary Rodham Clinton

“Nothing ever comes to one, that is worth having, except as a result of hard work.”

~~ Booker T. Washington

There are no guaranteed outcomes in life.  Texans showed during Hurricane Ike that neighbors can help each other during desperate times.  Rather than looking to the government to fix every problem that we face, it is time to remember the pioneering spirit that allowed us to settle this country.  No apologies.  It took individual responsibility to survive.  There was no safety net.

Its high time for the whining to stop.  Entitlements are bad all around.  For the recipient, it enables irresponsible behavior.  For the taxpayer, it robs them of the fruit of their  own labor.  Instead of coddling everyone dependent on the entitlements, its time for some tough love.  Every parent knows that for your children to walk, eventually you have to let go.  They may fall down a few times, but eventually they will succeed.

Since our Constitution does not guarantee an income, government should not be in the charity business.  No entitlement should continue indefinitely.  This is an unfair burden on the citizens of this country.

Cross Posted @ DirtyRottenScoundrels

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Thomas Paine: On the Stimulus


This video says powerfully the message that we need to hear about what’s going on in Washington.

This video is from the YouTube Funbobbasso Channel:  http://www.youtube.com/Funbobbasso

We the people have an obligation to honor our history and protect our future for our children.  We the people cannot let the momentum of the Tea Parties die out before we get Washington’s ear.  Let them know

THEY WORK FOR YOU!

Make your voice heard, contact your representatives both on the state and national levels.

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Tax Tea Parties


100_0161This Texas Tax Tea Party in a park near NASA on April 15th was a peaceful demonstration born of the frustration many Americans are feeling about the spending Washington is doing with such wild abandon.  The liberal media outlets have branded the participants as “right-wing terrorists”.  This couldn’t be any further from the truth.  Certain tv reporters have also accused them of being racist.  Again, a ludicrous thought.  Don’t be fooled, it has nothing to do with the color of anyone’s skin.  They could be purple and this would still be going on.

What they don’t want you to hear is that it is the hard working people of this nation that have begun a genuine grassroots effort to change the course the current administration is headed.  The people gathered are concerned that the only likely outcome of the big federal spending is going to crush us all under onerous tax burden that will be justified as the only way to save our nation.  These people are worried that their Constitutional Rights are in jeopardy.

We the people of America deserve better than this from our elected officials.  We the people need to stand up and say no to all of it.  No more big government spending, no more entitlements, no more ridiculous pork projects.

Our founding fathers were wary of a strong federal government for this very reason.  If all of the power is vested in the hands of the wrong few leaders, our very freedom they gave everything for could be wrestled away while the people weren’t looking.

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