Socialists Seeing What Democrats Can't
Hanoi sees it. Sweden sees it. Germany sees it. Russia sees it. Why can't the Decocrats here in the U.S. see it? What is "it" you may ask. Well, taxes stifle economies and limit incentive to be productive. This Deroy Murdock column was in the local paper here so I found it on the web and thought I'd bring it to the attention of other folk. Isn't it amazing that all these tax happy socialist or communist entities are realizing the by reducing taxes revenues to their respective governments increase (as is always the case) and the lives of their people improve dramatically. More than likely it was a tactic of last resort. The whole system failed in Russia. Germany was in dire economic straits just a short time back. Sweden as well. Yet the Donks itching to run for president here all want to raise taxes.
Democrats cannot deny what happened after President Bush and Capitol Hill
Republicans slashed maximum capital-gains taxes from 18 to 15 percent in 2003.
Rather than dwindle $5.37 billion between 2003 and 2006, as the congressional
Joint Tax Committee’s antique, static-analysis model wrongly predicted, revenues
actually advanced $53 billion.
Foreign economic ministers understand these
lessons and are lowering taxes as if Franklin Roosevelt never lived and Ronald
Reagan never died.
But the Donks here are not. They want to jack taxes more and more. They always like to look to Europe as a model. One time that it would be prudent, they act like three blind mice.
Just an observation.