Wednesday, March 21, 2007

Curiosity upon Curiosity

I enjoyed watching the Senator from my home state, Wayne Allard, address the congress last night. He is not a good speaker by any stretch of the imagination; however, he raises good points.

Yesterday, the Democratic addendums to the Bush Budget came out. After the famous first 100 hours, so full of talk of "curbing Government's appetite," "Fiscal responsibility," and the like, they amazingly have proposed increasing the budget spending by $146 Billion. That is drastic. That means two other interesting things: the government must raise Federal taxes by 3%, the biggest single tax raise in history, and that instead of a declining deficit, as the Bush budget proposes, this will increase the deficit by 3 trillion dollars in the same number of years.

Amazing.

So much for the Bush tax cuts -- the famous cuts that helped "the wealthiest 1 %"

The wealthiest 1% in America pay 37% of the nation's taxes. The wealthiest 5% pay 57%. More than half. And the liberals hurt those they pretend to help, because the poor and middle class are not helped nearly as much by taxing the rich more. In fact, the business and industry of America is what builds up the poor and the middle class.

America's business is business, and jobs come from the same. Why hurt businesses, which provide income, by promising to tax the rich guy more than you? Never mind it may cost you your job, increase inflation (or, heaven forbid, deflation), and undermine the economy at large.

1 comment:

D'andrea said...

and there it is: http://adenhoed.blogspot.com/