A Quote by Annie Lowrey
Immigrant families pay taxes. They work. They start businesses. They spend money in their communities. They join native-born families in being economically productive, both paying money to the government and receiving benefits from the government.
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When I talk about the ability for fintech to promote kind of economic growth and productive citizens coming in, using different data and being able to lend to small businesses, see those small businesses start to grow - of course, that means more money for their families, you know, the small-business owner families. They start to hire people.
Lower-income immigrant families might receive more in benefits than they pay in taxes. But that mathematical equilibrium is temporary, and an artifact of the way the tax-and-transfer system is structured to help lower-income families and to support families with kids.
The theory of government I was taught says that government provides benefits, primarily security, to the entire population. In return we pay taxes. But lately the government has been a distributor of special privileges, taking money from some and giving it to others. America is now about evenly split between those who pay income taxes and those who consume them.
When the government takes more money out of the pockets of middle class Americans, entrepreneurs, and businesses, it lessens the available cash flow for people to spend on goods and services, less money to start businesses, and less money for businesses to expand - i.e. creating new jobs and hiring people.
The point of taxation isn't that the government knows better than you how to spend your money - it's that the government, by virtue of being the government, can spend money in ways that no private citizen or group no matter how powerful, can.
The benefits cap is right in principle because people don't pay their taxes so that families who could work don't work. People pay their taxes so we support people who really need to be supported.
There are some people who get money just because they've got large families. So if it pays to make large families and earn more money than you would earn out at work, why not have more families, larger families? That's wrong.
I don't know why anyone would want businesses and families and individuals nationwide to suffer. But by voting against tax reform, Democrats showed that was exactly what they stand for: less money for families and more money into Washington, D.C.
No matter how you slice it, limiting the SALT deduction forces New Jersey families to spend even more to subsidize Americans in less economically productive states, which take more than they ever give back to the federal government.
Government welfare programs contribute to the disintegration of poor families. They make women and children dependent on government; dependent for food, for clothing, for shelter; and reward fatherless families with extra benefits and welfare perks.
Remember that all tax revenue is the result of holding a gun to somebody's head. Not paying taxes is against the law. If you don't pay your taxes, you'll be fined. If you don't pay the fine, you'll be jailed. If you try to escape from jail, you'll be shot. ... Therefore, every time the government spends money on anything, you have to ask yourself, 'Would I kill my kindly, gray-haired mother for this?'
According to government auditors, the stimulus money is being held up because there aren't enough government workers to oversee the spending. So follow me, in other words, government workers who aren't there are needed to spend money we don't have to create jobs that don't exist.
In the past we entrusted money to the government sector and the government sector simply did not spend the money wisely. And that is why we need reforms, but the government sector is not being reformed.
My tax plan will cut taxes for 95 percent of workers, because we need to put money back into the pockets of struggling middle-class families and close the egregious tax loopholes that have exploded over the last eight years. My plan eliminates capital gains taxes entirely for the small businesses and start-ups that are the backbone of our economy, as opposed to John McCain's plan, which would tax these businesses. John McCain is running to serve out a third Bush term. But the truth is, when it comes to taxes, that's not being fair to George Bush.
When government does, occasionally, work, it works in an elitist fashion. That is, government is most easily manipulated by people who have money and power already. This is why government benefits usually go to people who don't need benefits from government. Government may make some environmental improvements, but these will be improvements for rich bird-watchers. And no one in government will remember that when poor people go bird-watching they do it at Kentucky Fried Chicken.
There is a role for government, but no matter how much money the government spends, it will never be able to take the place of parents and strong families.
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