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Higher Taxes Mean Bigger Government, not Lower Deficits

Don't Tread On Me3 Wrote: Nov 21, 2012 9:27 AM
Good article! The bottom line is, debt & "deficits" are caused by $PENDING. So long as the spending is not brought under strict control, deficits will continue to run away. Even if more revenue is generated (which raising tax rates won't do) it's no use unless SPENDING stops increasing. The kleptocrats DO NOT CARE about deficits or debt; they just exploit those ideas to justify jacking up taxe$ more. The minute they ANTICIPATE more $$$ due to a tax hike, THEY WILL $PEND IT. Giving them more $$$ to "reduce the deficit" is like trying to put out a fire with gasoline. They need more $$$ like junkies need more dope.
Don't Tread On Me3 Wrote: Nov 21, 2012 9:31 AM
I read that Harry Reid is talking "stimulus" again!

The kleptocratic ruling class look on our money as theirs. Anticipated revenue from a tax hike gets treated as a windfall as soon as it's a done deal. "Deficit hawks" instantly morph into stimulus-hungry super-Keynesians.

Just as soon as they get their tax hikes, they WILL lose interest in "deficits" & blow $$$$$ again paying off their pals.
Don't Tread On Me3 Wrote: Nov 21, 2012 9:32 AM
BTW, if this is about taxing the "rich," where does $250K come from? That's upper middle class, not "rich."

President Obama and other statists in Washington want a big class-warfare tax hike. They claim the additional revenue is necessary to reduce red ink.

But their ideological crusade is based on some blatant distortions.

Related Tags: Taxes