There are a few good men. And by “a few,” I mean five.
Certainly there are far more than five good men in America. But in the U.S. Senate, there are just five moral Republicans.
Who am I referring to? Let me introduce you to the five men in the Senate who stood their ground while their Republican peers (save two abstainers) voted for a fiscal cliff deal that essentially codifies theft:
Sen. Rand Paul (R-Kentucky), Sen. Richard Shelby (R-Alabama), Sen. Chuck Grassley (R-Iowa), Sen. Marco Rubio (R-Florida), and Sen. Mike Lee (R-Utah).
I think conservatives and libertarians should praise and uphold these leaders—and fire their Republican peers who may as well be Democrats.
I expect my leaders to keep their word. If they tell me they are Republican, I expect them to act like Republicans. And being Republican means voting a certain way; saying “no” to new spending, inflation and taxes—and saying “yes” to virtue, freedom, growth, prosperity and small business opportunities.
Like these five men, I believe we should have gone over the so-called fiscal cliff. Here’s why:
1. Spending cuts would have occurred. Instead, Republicans voted to add $4 trillion to the national debt, which already parallels our GDP.
2. Republicans justified voting for this deal by saying it would not raise income taxes on most Americans. But more debt will increase taxes on all Americans via inflation; the unconstitutional Federal Reserve will “create money” through tactics like printing money and keeping interest rates artificially low to “pay off” the debt. And inflation is a hidden tax that especially hurts poor people and young people who are less established and have fewer savings.
3. If we had gone over the cliff, practically everyone would have experienced higher taxes, which would have motivated Americans to embrace lower taxes in the long run. It is human nature to care more about your own tax rate than your neighbor’s. So, Americans who currently pay little-to-no taxes would stop voting to redistribute wealth if they experienced the pain associated with paying higher taxes themselves.
4. This deal discourages entrepreneurship. If you are successful as an entrepreneur and make it into the highest income bracket, you could face a 60 percent tax bracket in a high-tax state like Minnesota, New York or California. Who wants to work hard to become the next Steve Jobs if it means entering a tax bracket where you may only keep $4 of every $10 you earn? No one in his or her right mind.
5. This deal will lead more Americans to move their companies, jobs and/or wealth abroad.