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Monday, March 05, 2007
Herman Cain :: Townhall.com Columnist
Creative rhetoric masks fiscal reality
by Herman Cain
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Though Cheney is correct, he is, in fact, making the wrong argument for low tax rates. Supporters of low to zero tax rates on income are not necessarily fans of more taxpayer dollars poured into the congressional trough.

Big government advocates focus the argument on taxation levels and not on federal spending, which is the real root cause of budget deficits. Look at your personal finances. No matter your level of income, if you spend 100 percent of your money and max out your credit cards you have a personal budget deficit. If you spend only that amount of income needed for necessities, you run a personal surplus.

The problem is not in the amount of income, but in the amount of spending. When members of Congress argue that lower income tax rates will cause budget deficits, they are acting disingenuous to say the least.

The entire 20th Century is a testament to the folly of believing that the Marxist philosophy of “from each according to his ability, to each according to his needs” can outgain or outlast a governmental form that pledges to protect individual rights and the pursuit, but not the guarantee, of happiness.

Political rhetoric around the issues of taxation and spending, the two issues from which Congress derives its power, will be with us as long as politicians have to stand for election.

Deceptive rhetoric is a reality, but it can’t distort reality for truly informed voters. We just need more of them.

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About The Author

Herman Cain is the National Chairman of the Media Research Center’s Business & Media Institute. He is the former president and CEO of Godfather’s Pizza, Inc., and currently is CEO and president of T.H.E. New Voice, Inc., a business and leadership consulting company.

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Hovelslug
Great post, I cannot disagree. I guess my point was that the Founding Fathers, although they instituted radically new (for the time) limits on government power, they didn't go far enough, as it turns out. Where is the line drawn between politicians and "the people"? After all, it was politicians who initiated and instituted all the onerous changes to the original federal system.

Another major major flaw in our system of government is the virtual impossibility of repealing laws.

The whole point is that the system as it exists today seems to be destroying itself piece by piece in the inexorable creep toward more and more socialism. History shows that nothing lasts forever; why should the U.S. be any different? Will the U.S. exist 2000 years from now? Most probably not, I would say. I just hope that my 10 y.o. daughter can live out her life within the semblance of freedoms remaining to us today.

Agreed on the Fair Tax, but I'll point out again it is a pipe dream. The entrenched political class will never allow it.

Buzzkat Buzzkat Buzzkat
The Founders did not make any of the mistakes that you attribute to them. It is we-the-people that perverted their vision. The Founders did not create a democracy. We-the-people motivated the shift toward democracy that is undermining our Republic.
They knew the corrupting influence of power, so they divided it. We-the-people, in our ilwisdom, eliminated State representation when we decided we wanted "elected" U.S. Senators.
We-the-people further concentrated power when we limited the number of congressmen to 435. Fewer seats equal more power per seat.
The Founders recognized the power to tax as the power to destroy. They gave the Federal Government no direct taxing authority. We-the-people did that in 1913. The Fair Tax, though imperfect, would correct some of the more egregious errors in our taxing policy, and perhaps open the door to further reforms.
The Founders also built term limits into the system. They tried to make government jobs thankless, and financially unrewarding. We-the-people exalted our "bean-counters" above their naturally low status, and gave them the power to set their own compensation levels. What scoundrel would not want a job like that!
To be sure, The Founders made some mistakes, but be fair; we cannot blame them for what we did with the promising start they bequeathed us.
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