Tax Tea Party Day
Today was a day for those who felt left behind by their parties to speak out. The government is getting out of hand with $11,000,000,000,000 of spending. There is no way to pay this off. We have set ourselves up for the greatist grab of power by the government in history. We thought the Republicans spent a lot under Bush and the Republican Congress (WE DID). But they look like amatures compared to this crowd. The Republicans are making some good points now, but why didn't they do it when the held the deck???
The Numbers Are In
The supply siders had it right with the lower of taxes. With the lower rates on income, dividends, and earnings, the economy grew faster. With that, dividends, income etc grew. The rich invested less in tax shelters and taxes grew.
Energy Dependence
We do have a major leap in energy prices here in this country. No one can deny that. The problem is that we have some knuckleheads in Congress dealing with the problem. Instead of looking were we might come across some more oil for example, Congress narrowly defeated a bill to tax the oil companies more. Their Profits are too high says those in Congress (mostly the Democrats lead by Pelosi and Reid). Who gives them the right to decide what is too high?
Food For Thought
What is Gov Blagojevich up to these days? He seems to have caused the state government to come to a complete halt. They cannot get a Capital bill passed because Speaker Madigan feels he can't be trusted to spend it properly. With the conviction of Tony Rezko recently, the Gov might be looking over his shoulder. He ran on a platform to end pay to play in IL. Well, he just made the others look like amatuers. Speaker Madigan is putting out information now on impeachment. Can this be a sign of things to come? Is he doing this to put his daughte
Our Future With Massive Tax Increases.
In a recent editorial in the Wall Street Journal, they outlined a preview of what might happen to our economy if we have the massive tax increases proposed by both leading Democratic candidates.
Come Blog With Me
I will be posted somewhat regularly here. When I see some new that I find worth my comments, which is pretty often, I will try to make a comment.