A Quote by Bob Menendez
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.
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Families in my community have seen their taxes go up because of the SALT deduction cap and as a result are questioning whether or not they can afford to live in New Jersey. The loss of the full SALT deduction puts an undue hardship on them.
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.
The Founding Fathers realized that "the power to tax is the power to destroy," which is why they did not give the Federal government the power to impose an income tax. Needless to say, the Founders would be horrified to know that Americans today give more than a third of their income to the Federal government.
The bigger the government, the less the citizens do for one another. If the state will take care of me and my neighbors, why should I? This is why Western Europeans, people who have lived in welfare states far longer than Americans have, give less to charity and volunteer less time to others than do Americans of the same socioeconomic status.
Federal assistance helps millions of Americans escape poverty every year by providing the stability needed to take advantage of new opportunities. In fact, it is our safety net that allows full participation in the economy. More Americans purchasing goods means more Americans making them, which means more American jobs.
General revenue - what taxpayers are willing to give government, what they think is fair to give government - is not going to grow at the same amount that the federal government basically forces us to spend on Medicaid.
There isn't a single government agency that can't function. There's more money in this federal government, there's more money allocated than these people can possibly spend. They have to concoct asinine ways to spend it, like advertising for new food stamp users. I've gotten to the point, I'm just so righteously indignant and offended at the very idea that our government could ever run out of money when we've got a printing press, for crying out loud. Printed three and a half trillion dollars over seven years and flooded Wall Street with it.
In 2001, Congress passed much needed tax relief to allow Americans to keep more of their hard earned money and spend it as they see fit - rather than how the federal government sees fit.
I would cap the amount of federal government can spend at 20 percent of the economy. Bring it back to 20 percent or lower. And say, we are not going to spend above that level. Democrats, they want to raise your taxes and spend more and more and turn us into an economy which is no longer driven by the private sector.
It is federal, because it is the government of States united in a political union, in contradistinction to a government of individuals, that is, by what is usually called, a social compact. To express it more concisely, it is federal and not national because it is the government of a community of States, and not the government of a single State or Nation.
Fight less, cuddle more. Demand less, serve more. Text less, talk more. Criticize less, compliment more. Stress less, laugh more. worry less, pray more. With each new day, find new ways to love each other even more.
Americans' liberty is perishing beneath the constant growth of government power. Federal, state and local government's are confiscating citizens' property, trampling their rights, and decimating their opportunities more than ever before.... American liberty can still be rescued from the encroachments of government. The first step to saving our liberty is to realize how much we have already lost, how we lost it, and how we will continue to lose unless fundamental political changes occur.
I never did ask more, nor ever was willing to accept less, than for all the States, and the people thereof, to take and hold their places, and their rights, in the Union, under the Constitution of the United States. For this alone have I felt authorized to struggle; and I seek neither more nor less now.
For as long as I can remember the slogan has been ... the federal government ought to behave more like families, because families balance their budgets. It turns out that families looked around and said, "You know what? Let's behave more like the government!"
My goal was to make New Jersey's state government a model for all other states to emulate, hopefully thereby to stem, or at least slow down, the flow of power to the federal government.
Rather than subsidize 'American' exporters, it makes more sense to subsidize any global company - to the extent it's adding to its exports from the United States.
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