Tag Archives: prosperity
Thanks to the Founding Fathers, in 2013 the United States has built the wealthiest nation in history on free markets and the rule of law. (And thanks to their more recent successors, we’re simultaneously the poorest… but that’s another discussion.) … Continue reading
By now you have figured out that Armageddon did not occur on Friday and the dire warnings from the White House that the nation would essentially collapse were, shall we say, somewhat overstated. That doesn’t mean however that the nation … Continue reading
How did Barack Obama win reelection despite 8 million fewer people working and a doubling of gas prices since he took office? Despite a flatlining GDP, $6 trillion in new debt, and the disastrous Benghazi? How is it possible that … Continue reading
Republicans in general, and conservatives in particular, are constantly demonized in the media as greedy, ruthless, heartless, racist sons of bitches who want children to starve, grandma to die and women to be kept barefoot and pregnant in the kitchen … Continue reading
The country is certainly a different place than it was when Andy Griffith was keeping the streets of Mayberry safe from pick pockets or settling disputes between feuding clans. It’s also a different place from the one Ronald Reagan inherited in 1981. While Americans may no longer be tethered to a telephone hanging on the wall or stuck getting their news or entertainment from a newspaper or television, those new freedoms and choices pale in comparison to the freedoms and choices lost in terms of their own economic opportunities.
For months we’ve heard calls from Democrats for Mitt Romney to release his tax records. Last week Harry Reid even claimed he had it from “a number of people” had told him that Mitt Romney had not paid his taxes for a decade and demanded he release them.
Steve Jobs passed away earlier this month with an estimated fortune of $8 billion. I have yet to see a single report about one single dollar that he gave away to charity. How is it possible that a person who was lucky enough to be born and grow up in the United States and take advantage of our laws, schools, infrastructure and patent protections could be so selfish? Compare his lack of philanthropic giving with that of other similarly rich types, past and present. Andrew Carnegie gave away virtually his entire fortune, over $350 million dollars during his lifetime – $5 billion in today’s dollars.
Herman Cain’s 9-9-9 tax plan is imperfect, but it’s by far the best plan on the table. As such, criticism of 9-9-9 comes from all quarters.
The left is unhappy that its egalitarian nature is the opposite of the progressive tax structure we’ve had for a century. I suspect however that it is not simple tax policy that drives their antipathy, it’s revenge. You don’t have to listen very long to one of President Obama’s “fair share” speeches to recognize it. Or watch much of the “Occupy your city here” demonstrations going on around the country to see the envy. The notion of those fat cat Wall Street bankers paying the same tax rate as a single mother of three who works two jobs to support her children is simply unacceptable.
In preparing for the 2012 election campaign the President said the following: “The proposition that the government is always right is manifested either in corruption or benefits to ‘preferred’ companies.” He went on: The “economy ought to be dominated by private businesses and private investors. The government must protect the choice and property of those who willingly risk their money and reputation.” Also: “Corruption, hostility to investment, excessive government role in the economy and the excessive centralization of power are the taxes on the future that we must and will scrap.“