From this morning’s Union Leader; the Legislature is looking at an insurance premium tax change. Apparently someone was granted decreases in exchange for a promise of creating more jobs. Jobs were not created to their satisfaction so the elected officials see no reason to continue to support the reduced taxation.
Neal Kurk (R-Weare) was quoted in the UL about repealing the tax break.
“The Legislature was led to believe we’d see big gains in jobs. We have not seen a large increase in jobs; indeed, the largest gain we had would have happened anyway.”
Sure, it’s your money. You earned it. Had you not bothered to put up with the bureaucracy in the first place in an effort to create a better life for yourself and those you might employ we’d not be able to tax you at all so your reward for this? “I hope you enjoyed having one less jack boot to the groin but we need that money so the parties over.” That’s the message. Not to pick on Neal–I think he’s just paraphrasing the general sentiment—but are you kidding me?
It’s a strange relationship political power and other people’s money. Politicians have this idea in their heads that taxes are something the government is entitled to and it is only a matter of working out the terms by which you shall be separated from your property. No dinner, no movie, no kiss–and they don’t even get you drunk first.
This must be what happens when you spend so much time in a room full of democrats. They are completely enamored of the idea that income is something the government permits you to have simply because they have not yet taxed it out of you. Their class warfare rhetoric is built on the idea. And they will use whatever words, arranged in any fashion necessary, to mislead you into thinking they are doing you a favor by taxing someone else–or even you directly, not that there is any difference.
Every tax, on every "thing", finds its way into the wallets of people who are least prepared for the loss. Taxes on businesses for example increase costs directly to the business which result in increased prices or decreased employment or wage growth. Just because you don’t see them, does not mean you won’t feel them.
Taxing utility companies makes energy more expensive. Taxing services drives up costs. Taxing insurance premiums is only going to make your insurance cost more. It’s a universal cram down. They are not taxing insurance companies, they are taxing you. And for what? To pay the cost of poor leadership. And it is John Lynch’s poor leadership that has lead to an embedded political culture that tolerates the excesses of government under the most specious of terms.
The only reason to tax is to pay for spending. While there are going to be some unavoidable costs associated with shared interests within a common political boundary, we must get away from allowing the wordsmiths in Concord to run roughshod over the concept of "General Welfare" to justify any expense and the taxes they must then levy to fund them. And taxation on these terms? Uh, we let you keep too much of you money, and uhhh, we need that back. Maybe a little extra.
Makes you feel all warm inside, knowing we have these people in Concord who know better how much money we deserve to keep and on what it should be spent. And do they know that increased taxes reduce jobs? How do you spin that in this context?
Cross Posted At NH Insider
