Whose Money Is It Anyway?
April 15th, 2008 by Peter SudermanSome tax-day appropriate words from John McCain’s speech today:
Many in Congress think Americans are under-taxed. They speak as if letting you keep your own earnings were an act of charity, and now they have decided you’ve had enough. By allowing many of the current low tax rates to expire, they would impose — overnight — the single largest tax increase since the Second World War. Among supporters of a tax increase are Senators Obama and Clinton. Both promise big “change.” And a trillion dollars in new taxes over the next decade would certainly fit that description.
As Dick Armey says, “appropriators are in the business of spending money, and, to them, spending more is generally considered to be better than spending less.”
April 15th, 2008 at 6:11 pm
“Americans” are not under-taxed…the rich are though. It’s about bringing about fiscal balance after so many years of fiscal irresponsibility IMO.
April 20th, 2008 at 4:38 pm
Mr. Guy,
Define “rich”. Are you rich? Who decides? Ask yourself instead, “Can we come up with a tax system that is fair to everyone? Can we come up with a tax system that is better for you than the current system?”
I don’t want Congress to be able to change ours taxes behind our backs. I don’t want Congress to give anyone loopholes. Our tax system is not a social engineering tool. It is a means to collect money to run the government. That’s what it says in the Constitution.
Under our Constitution, we are considered innocent until proven guilty. We are guaranteed protection from testifying against ourselves. But under the IRS and our tax code, we are culpable, fine-able, and chargeable for not reporting our income (filing our income tax). That’s so wrong! When did we lose sight of the principals in our Constitution?
April 20th, 2008 at 8:23 pm
Rich? How about a single income of $120,000-200,000/year or total assets of $1-5 million. That’s what most people surveyed have said before. My personal defintion of rich is irrelevant IMO. I agree that we try to do too much with our tax code, and that it’s too complicated. Like I said before, I guess you think that Al Capone got a raw deal, eh? I don’t…
June 28th, 2008 at 3:19 pm
The bottom line is Time. I just cut a check for my property taxes. I paid $4,600 on a $180k piece of crap house. It took me a month (37 days) to earn that money and I just pissed it away to an inefficient county board who gave themselves and the rest of their departments a nice big fat pay raise. That’s indentured servitude or slavery by anyone’s definition. My government has made of me a slave.