A Quote by Pat Buchanan
When a democracy reaches a point where the politicians cannot say no to the people, and both parties are competing for votes by promising even more spending or even lower taxes, or both, the experiment is about over.
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If taxes and government spending are both slashed, then the salutary result will be to lower the parasitic burden of government taxes and spending upon the productive activities of the private sector.
Politics in a democracy is transactional: Politicians seek votes by promising to do things for voters, who seek promises in exchange for their votes.
In a true partnership, the kind worth striving for, the kind worth insisting on, and even, frankly, worth divorcing over, both people try to give as much or even a little more than they get. 'Deserves' is not the point. And 'owes' is certainly not the point. The point is to make the other person as happy as we can, because their happiness adds to ours. The point is -- in the right hands, everything that you give, you get.
Barack Obama is talking about cutting taxes. On net, he is a tax cutter. But the difference between Obama and John McCain is that Obama is raising some taxes on families, for example, with incomes over $250,000. Now, that amounts to about 2 percent, the richest 2 percent of American households. And even with those tax changes, even with all of the tax changes Obama's talking about, taxes will be lower under Obama than they were under the Clinton years.
If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.
It's not just spending, it's not just taxes, it's not just corruption, it is progressivism, and it is in both parties. It is in the Republicans and the Democrats.
This is the disease in America. It's not just spending. It's not just taxes. It's not just corruption. It is progressivism. And it is in both Parties. It is in the Republicans and the Democrats.
Americans cannot escape a certain responsibility for what is done in our name around the world. In a democracy, even one as corrupted as ours, ultimate authority rests with the people. We empower the government with our votes, finance it with our taxes, bolster it with our silent acquiescence. If we are passive in the face of America's official actions overseas, we in effect endorse them.
Democracy cannot exist as a permanent form of government. It can only exist until the voters discover they can vote themselves largesse out of the public treasure. From that moment on, the majority always votes for the candidate promising the most benefit from the public treasury, with the result that democracy always collapses over a loose fiscal policy, always to be followed by a dictatorship, and then a monarchy.
Democracy means that if this man,you Miss and I will be trapped on an island, we having a majority of votes will decide that you have to sleep with us. That's the Democracy. And with 2/3 votes we can even put that in the constitution.
Examine the platforms of both parties. Examine the character of both parties. Get down on your knees. Say, Lord, help me make this decision. And then go vote.
I'm always for lower taxes because lower taxes make people want to do things. Less burden, more fun, and economics is about people wanting to have fun. Growth is fun for people in the marketplace.
People are even more wary of politicians and they are realizing that democracy isn't just about putting a cross on a ballot every four years, it's about deciding what you want and fighting for it.
Negotiating isn't about getting what you want or giving in to what the other party wants. It's not an 'either/or situation.' It's about having both parties walk away satisfied. Over the years in both business and life, I've had to learn this hard lesson.
I think the idea that the hedge fund manager gets lower taxes than the taxi driver or the physics professor is insane. The legislators who leave that policy in place are derelict in their duties to be rational and fair. There are plenty of them in both political parties. It's totally outrageous.
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