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Saturday, December 16, 2017

Why Tax Cuts for the Rich? Here's Why...


Since to the Political Left there can be no tax cut that does not benefit the "rich" in our society, I have a few answers for the question of why we are giving, once again, tax cuts to the Rich:

Because giving money to the poor hasn't benefited anyone, especially the poor. They've stayed stubbornly poor for decades. Taking the government money is a poor career choice.

Because you can't give poor people tax cuts since they don't pay taxes to begin with. Except if you count the gas tax but thats a Democrat thing and so nobody talks about it.

Because giving money to poor people doesn't create jobs or grow the economy. Any poor people offer you a job lately? I didn't think so.

Because, as my mother once told me; "There aren't enough rich people to take care of us. You can tax 'em all into poverty, it's not going to improve your lot in life one iota. Zip, nada, zilch. Now go get a *#)%_@!& JOB, will ya?!"

Because jobs are more important than poor people. No jobs equals no tax money and instead of trying to coerce McDonald's into paying $15.00 an hour for their dead-end jobs, wouldn't it be better to have jobs that did pay $15.00 an hour with potential?

That's the point.

We've been there and done that. We've shelled out Billions and Billions of dollars in welfare and it doesn't grow the economy and it doesn't make poor people want to become rich. There are too many government middlemen handling the money and taking a cut off the top for the money to actually grow the economy and it hasn't provided an incentive for people to work. Haven't we seen enough?

Tax cuts have worked to grow the economy every time they have been tried. Kennedy did it. Reagan did it. Boom and Boom! You want the numbers, Google 'em.

The Leftist talking heads ask; "How are you going to PAY for the tax cuts?" like it's the government's money we are talking about. It's not the government's money! The money comes from the private sector and out of peoples pockets before they even get a chance to see it. How do you "PAY" for a tax cut? Quit spending money that isn't yours and hasn't been earned yet! That would be a good start.

The government prints the money, the government takes the money, the government re-distributes the money, the government pays the people they use to take and re-distribute the money and the government spends the money. But the government does not EARN the money.

Tax cuts will be paid for once the Entitlement Programs are either discontinued or they collapse. No more kicking another brick under the government Pyramid entitlement schemes. Furthermore, more tax money is taken in during a robust economy than a stagnant one.

I heard on National Public Radio (NPR) that President Donald Trump's tax cut plan would funnel, yes, FUNNEL money to the rich. Like it was some sort of pay out. No, it's not a pay out. You keep it. The government takes LESS out of your pocket. They still are taking money, just not as much as they were before. That's what a tax cut is and I don't care how much other people get to keep as long as I get to keep some too.

This is not a mistake in reporting of course, NPR knows exactly what it's doing by using such Weasel Words. It's what they do and I'm sure they labor long and hard over their choice of words. They have to.

So ultimately you can only give a tax cut to people who earn and have money! Isn't it silly to call them rich because they have jobs and are bringing home a pay check? Some people earn more money than others but do not swallow the Cool Aid. Tax cuts work for the people who earn the money. They will grow the economy which is just now coming out of the last 8 years of Socialism-induced stagnation under the last president...what's his name again? 

The money will go to far, far better use in the taxpayers pockets than anywhere else. Ditto for businesses big and small.

For a business, taxes come out of something they make called "Profit" which is what money is left over after "Expenses", the costs of doing business. Profits of a company are mostly put back into the business to upgrade equipment and to possibly add employees. If it's a big business, profits also go to pay back the people who invested their money with them as "Investors" who hold "Stock" in the company, a "Piece of the Pie" so to speak. These people took a chance with their money in the hopes the business would grow and they too would profit. When the government takes this money, there is less money put back into the business for any of these purposes.

If American business can't keep up with their overseas competition who are taxed at a lower rate, what we get is what has been going on for the last 8 years. We now refer to this as a time of "Economic Stagnation".

The government has taken too much and has gotten zero return for the tax money they've spent. They've squandered it on welfare entitlements, antiquated pension plans, pay-back subsidies for donor solar panel companies, wasteful wars and interventions, free abortion on demand and the failure of a boondoggle that is the ACA. The last regime has only squandered money, strangled small business into recession and paid out "stimulus" to state unions without any "shovel ready" jobs as a result. 

No, no, we've done it the Left's way long enough. It has failed...AGAIN. The U.S. has the richest poor people in the world and still they are no better off.  In fact the American Middle Class is worse off because they've been contributing so much money to send "poor" people's kids to college, they can't afford to send their own and instead are burdened with tens of thousands of dollars in debt, to the government, that can't be charged off. So screw that! 

Give us the money back so we can spend it ourselves. 

After all, we earned it in the first place. 

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