No More Taxes, Stupid!

No surprise here, but I love seeing the name Clinton next to the words “200 economists rejected"…

More than 200 economists, including four Nobel prize winners, signed a letter rejecting proposals by presidential candidates Hillary Clinton and John McCain to offer a summertime gas-tax holiday.

Columbia University economist Joseph Stiglitz, former Congressional Budget Office Director Alice Rivlin and 2007 Nobel winner Roger Myerson are among those who signed the letter calling proposals to temporarily lift the tax a bad idea. Another is Richard Schmalensee of the Massachusetts Institute of Technology, who was member of President George H.W. Bush’s Council of Economic Advisers.

The moratorium would mostly benefit oil companies while increasing the federal budget deficit and reducing funding for the government highway maintenance trust fund, the economists said.

Any politician who wants to raise taxes, for any reason, is an imbecile. We already pay too much tax. Increased taxes on goods only gets passed on to the consumer via higher prices. How does that help anyone?

It’s been proven time and again that government and politicians cannot manage money. The more you give them, the more they waste it. Any politician who asks for more tax money is a bad politician. McCain and Clinton both suck. So does Obama who would also waste money. We’re not given any good choices here. But a message needs to be sent to these clowns that they need to lower prices not raise them. Taxes are a solution to nothing. 

1. The problem, as I have seen it for years, is that the non-producers (leeches) are about to out number the producers. You will not be able to out vote them.
   The problem then becomes when are the producers going to stand up and say enough?
   What happens then? Another war for freedom?
   All I can forecast with certainty is that the current situation cannot continue. It will not be able to sustain itself.

   Posted by  on  05/05  at  05:09 PM

2. We’ve seen what happens already. The collapse of the Soviet Union, China going more capitalist when people forced to work as wage slaves, or Cuba which has to change or die. Socialism does not work. The hard lessopns that are learned by the leeches punishes everyone else as well.

   Posted by  on  05/05  at  09:03 PM
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