Anyone know if Paul ‘Sugar Daddy’ Hodes and Carol Seiu-Porter have decided to raise taxes yet? That’s what that is you know? If they allow any existing cuts to expire, they are raising taxes.
Now I realize our liberal friends don’t see it that way. They look at it like this. Since 2003/2005 the Federal government loaned you some of your own money back. They let you keep a little bit more of what you earned. But that has to stop. It’s time to give it back because they spent it and then some.
And what do we call it when the government takes more of your money from you tomorrow than they were today? Well, yeah–stealing is one way to put it but it’s called a tax hike.
Tax hikes remove money from the private sector where wealth is created, and divert it to the public sector where wealth is destroyed. Do this often enough, or long enough, and pretty soon there is not enough wealth left to destroy, and the public system collapses under its own weight taking everything else with it.
This is the foundation of liberal-progressive government. That is why it creates stagnation and economic decline. And at the ugly end, when there is nothing but a government class and an underclass, all hell breaks loose.
So let me ask again? Have Paul and Carol decided to raise taxes on January 1st 2011?
