Don't Let Me Stop You: The Problem with Liberals

Fred Thompson's speech at the Republican National Convention was somewhat overshadowed by the blockbusters Sarah Palin and Rudy Guliani delivered, but it was excellent in its own right. Our favorite part was this one:

"We need a president who understands that you don't make citizens prosperous by making Washington richer, and you don't lift an economic downturn by imposing one of the largest tax increases in American history.

Now our opponents tell you not to worry about their tax increases.

They tell you they are not going to tax your family.

No, they're just going to tax 'businesses'! So unless you buy something from a 'business', like groceries or clothes or gasoline ... or unless you get a paycheck from a big or a small 'business', don't worry ... it's not going to affect you.

They say they are not going to take any water out of your side of the bucket, just the 'other' side of the bucket! That's their idea of tax reform."

Liberals, socialists and communists (but I repeat myself) just don't get this fundamental aspect of reality. The private economy, that is businesses large and small, is the goose that is laying these golden eggs they are so keen to redistribute. Government itself does not create any jobs, at least no real ones that aren't canceled out by job losses from the effects of taxation or borrowing.

The US now has one of the highest tax burdens on business of all the industrialized countries. The results are obvious, if one is willing to look and think: fewer US jobs and higher prices. Businesses don't pay taxes, only people do. Businesses only pass along their costs from the taxes through higher prices, by employing fewer workers, and/or they go out of business.

Socialists/liberals like to make a big deal about their "compassion" and concern for The Little Guy, but their true agenda is all about punishing success. Envy of The Rich is what really motivates them. The Poor are really just a stick for liberals to use against The Rich.

Joe Biden's miniscule charitable contributions are a recent case in point. Sen. Biden, the self-proclaimed "Joe Lunchbucket" of the Senate, averaged $369 per year in contributions in the 10 yrs of tax returns he recently released (average income: $245,000). It's a safe bet that many conservative Nebraskans of much more modest means than Biden exceed his 10 yr contribution total every year. Apparently raising taxes is not only patriotic; it's also an act of charity.

Labels: capitalism, regulation, tax rates