Music to read by:
If you drive a car, I’ll tax the
street
If you try to sit, I’ll tax your seat.
If you get too cold,
I’ll tax the heat.
If you take a walk, I’ll tax your feet.
Now my advice for those who
die:
Declare the pennies on your eyes.
“I’m not the first president to call for this idea that everybody’s
got to do their fair share. If it will help convince folks in Congress to make the right choice, we
could call it the ‘Reagan Rule’ instead of the ‘Buffett rule.’ ... That wild-eyed socialist, tax-hiking class warrior was Ronald
Reagan. He thought that in America
the wealthiest should pay their fair share, and he said so. I know that position might disqualify him from the Republican
primaries these days but what Ronald Reagan was calling for then is the
same thing that we’re calling for now, a return to basic fairness and
responsibility, everybody doing their part.”
- President Barack Obama, 11 April 2012
Mr President, to quote the late, great Daniel Patrick Moynihan, you are entitled to your own opinion, but not your own facts. Reagan cut taxes. When he left office, the top marginal tax rate was 28%. The 28% was a CEILING. Your 30% Buffett Rule would put in place a FLOOR. Under Reagan, someone in the 28% bracket could pay a far lower effective rate. Under your Buffett Rule, you would put in place a minimum rate of 30% for all of those earning over $1,000,000 - with, possibly, a charitable deduction remaining.
You may not use Ronald Reagan to sell your redistributive, class warfare policies. He was adamantly opposed to such not only because they were economically counter-productive, but because they appealed to the basest, human emotions and set people against one another.
If Ronald Reagan were alive today, he would probably propose the "President Barack Obama's Secretary's Rule": Cut your secretary's income tax rate to 15%.
Step aside and learn a few from the Gipper, Barry. We shall call these The Reagan Rules:
1. Government’s view of the economy could be summed up in a few
short phrases: If it moves, tax it. If it keeps moving, regulate it. And
if it stops moving, subsidize it.
2. Republicans believe every day is the Fourth of July, but the democrats believe every day is April 15.
3. The problem is not that people are taxed too little, the problem is that government spends too much.
4. The taxpayer – that’s someone who works for the federal government but doesn’t have to take the civil service examination.
5. Our federal tax system is, in short, utterly impossible, utterly
unjust and completely counterproductive, [it] reeks with injustice and
is fundamentally un-American… it has earned a rebellion and it’s time we
rebelled.
6. The federal government has taken too much tax money from the
people, too much authority from the states, and too much liberty with
the Constitution.
7. We need true tax reform that will at least make a start toward
restoring for our children the American Dream that wealth is denied to
no one, that each individual has the right to fly as high as his
strength and ability will take him.… But we cannot have such reform
while our tax policy is engineered by people who view the tax as a means
of achieving changes in our social structure.
8. Government does not tax to get the money it needs; government always finds a need for the money it gets.
9. Government is the people’s business and every man, woman and child becomes a shareholder with the first penny of tax paid.
10. Have we the courage and the will to face up to the immorality and
discrimination of the progressive tax, and demand a return to
traditional proportionate taxation? … Today in our country the tax
collector’s share is 37 cents of every dollar earned. Freedom has never
been so fragile, so close to slipping from our grasp.
11. I have only one thing to say to the tax increasers: Go ahead, make my day.
12. If I could paraphrase a well-known statement by Will Rogers that
he never met a man he didn’t like – I’m afraid we have some people
around here who never met a tax they didn’t like.
13. The current tax code is a daily mugging.
14. Common sense told us that you put a big tax on something, the
people will produce less of it. So we cut the people’s tax rates, and
the people produced more than ever before.
15. The more the government takes in taxes, the less incentive people
have to work. What coal miner or assembly-line worker jumps at the
offer of overtime when he knows that Uncle Sam is going to take 60
percent or more of his extra pay?
16. Every dollar the Federal Government does not take from us, every
decision it does not make for us will make our economy stronger, our
lives more abundant, our future more free.
17. I am unalterably opposed to Congress‘ efforts to raise taxes on individuals and businesses.
18. We have a big overspending problem, and anybody who thinks we can get out of this crisis by raising taxes is crazy.
19. History shows that when the taxes of a nation approach about 20%
of the people’s income, there begins to be a lack of respect for
government… When it reaches 25%, there comes an increase in lawlessness.
20.
Related Reading:
ROFLOL..
ReplyDeleteHow true...
8. Government does not tax to get the money it needs; government always finds a need for the money it gets.
Did you come with these 20 points yourself?
No, those are all Reagan. :-)
ReplyDeleteBTW,
ReplyDeleteAnother great song...
Your music selection is amazing...
"Let me tell you how it will be...
This one for you 19 for me...
Cause I'm a tax man.... Yeah I'm a tax man..."
lol...
ReplyDeleteWhat a Duh I is... Oh yeah...
Reagan's words...
Well, now I know where to get them...
Thanks...
;-)
What a sharp, sad and telling change in only a generation to have gone from Reagan and our "Shining city on a hill" to "Hope and Change" of Obamanomics.
ReplyDeleteA few more for your list
ReplyDelete"Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility at the other."
Ronald Reagan
“Our natural, inalienable rights are now considered to be a dispensation from government, and freedom has never been so fragile, so close to slipping from our grasp as it is at this moment.”
Ronald Reagan
and my all time favorite
"Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free."
Ronald Reagan
and one barry and his minions should heed
"Facts are stubborn things."
Ronald Reagan
Keep up the fight!