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A Call for Higher Taxes Part II [Reader Post]

Crossposted from Brothers Bob Blog

With the looming budget showdown the President and Democrats are standing steadfast in their assertion that we can not make any budget “cuts” without what they call “increases in revenue”, or in layman’s terms, “higher taxes on the people who actually create real jobs”. I had written previously about my own tax increase proposal, but where it differs from Democrats’ suggestions is that rather than punish activity that creates jobs, mine would punish activity that destroys jobs, and in turn lead to hiring and greater economic growth. Since we know that my proposal has no chance of seeing the light of day I started thinking along the lines of the current debate – entitlement reform, increased revenues – and then it hit me.We have a serious entitlement problem. What would you say if I told you that we have an entitlement program that is being enjoyed by over 6.5 billionpeople who contribute nothing in tax dollars to fund it? That’s right, I am talking about the US military budget. Despite the fact that according to the U.S. Census Bureau only 4.5% of the world’s population lives in the United States, Uncle Sam is responsible for 43 % of the world’s military spending. You read correctly; nearly half of all expenditures to keep the world safe are being funded by fewer than one out of every 20 global citizens. Whether it’s taking down terrorist regimes, rebuilding countries ravaged by war, keeping shipping lanes safe, it’s American treasure and lives that shoulders most of the burden. So to borrow the vernacular that the left likes to use in referring to America, “Isn’t it time that the world paid its fair share?”

The best part is that there is something for everyone to love:

I know what you’re thinking – “This will never happen in a million years!” You are right, and I know that some of these assumptions are over the top. No, I don’t think that a global military buildup or more wars will be good for anyone. But the world has taken the American security blanket for granted for too long, and given our steady economic decline toward a Greek-style culture of dependency, to use a favorite term of the left, it is not sustainable.

I have no delusions that my proposal would ever see the light of day, but it would be a good starting point for a conversation that is just as inevitable as it is overdue.

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