A Quote by Thomas Sowell
In liberal logic, if life is unfair then the answer is to turn more tax money over to politicians, to spend in ways that will increase their chances of getting reelected.
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Politicians all over the world cater to domestic vote banks. They will spend only on what their constituents want. So unless there is a grass root green movement in a nation the politicians will not be willing to spend money on curbing emissions. More awareness is needed amongst the people to effect the real change in how governments spend.
If you have to change the law to get more money, that's a tax increase, and Americans for Tax Reform supports all efforts of tax reform, getting rid of deductions or credits, or something that's misclassified, as long as you at the same time reduce rates so that it's not a hidden tax.
In 2010 the U.S. will have a payroll tax rate increase, an estate tax increase, and income tax increases. There's also a tax increase coming in 2010 on carried interest. This rate will rise from its current level of 15 percent to 35 percent, and then it will rise again in 2011.
I'm looking at a tax process that will allow people to keep more of their money because we know what happens when job creators get to keep more of their money than they're - they have the confidence to go out and spend that money to create jobs that in turn create wealth.
I think it's time we had a President who will provide the only real economic security: good jobs. A President who will provide middle class payroll tax relief to get money in the pockets of workers who will spend it, not more tax giveaways for those at the top to stimulate the economy in the Cayman Islands and Bermuda. A President who will index the minimum wage to inflation and raise it from a 30 year low, not increase the tax burden on the middle class and those struggling to join it.
It is the rare - maybe even nonexistent - politician who will admit this, but number one on the politicians to-do list is always to get reelected. Nothing else comes close. The economy, the stock market, the war on terrorism ... NOTHING comes ahead of getting reelected. Staying in power is job number one.
Assuming that a tax increase is necessary, it is clearly preferable to impose the additional cost on land by increasing the land tax, rather than to increase the wage tax - the two alternatives open to the City (of Pittsburgh). It is the use and occupancy of property that creates the need for the municipal services that appear as the largest item in the budget - fire and police protection, waste removal, and public works. The average increase in tax bills of city residents will be about twice as great with wage tax increase than with a land tax increase.
Tax is a big expense. And I wouldn't mind paying taxes a lot less if our politicians knew how to spend the money, but they don't. They waste the money.
Politicians who are willing to spend too much are the ones who get reelected.
The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life.
Over and over, we hear politicians say they can't spend our tax dollars on environmental protection when the economy is so fragile.
Politicians shouldn't spend most of their time in office trying to get reelected.
If our government won't spend the money to protect New Orleans sufficiently today, what are the chances we will spend the money to protect dozens of coastal cities post-2050, once everyone knows that sea levels will keep rising and intense hurricanes will occur relentlessly?
If politicians get money to spend and don't have to be responsible for taxation, then of course that will bias their attitude toward more spending as opposed to cutting back on spending.
I've made a commitment that any tax increase, I'm going to veto. It's the worst thing we could do. We have an amount of money to spend. That's it.
We're more concerned about climate or economic equality or racial justice or anything else that is good for people and the planet, we simply must also spend some time wresting back our money-marinated democracy. This will require getting money out of politics and then getting people back in.
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