Wednesday, April 15, 2009

Tax Time, Obama's Spendthrift Regime and More

From Chronicle - Vol. 09 No. 15


"[I]n this world nothing can be said to be certain, except death and taxes." --Benjamin Franklin


"When more of the people's sustenance is exacted through the form of taxation than is necessary to meet the just obligations of government, such exaction becomes ruthless extortion and a violation of the fundamental principles of a free government." --President Grover Cleveland (1837-1908)

"Blessed are the young, for they shall inherit the national debt." --President Herbert Hoover (1874-1964)

"To tax the community for the advantage of a class is not protection: it is plunder." --British Prime Minister Benjamin Disraeli (1804-1881)

"The difference between death and taxes is death doesn't get worse every time Congress meets." --American humorist Will Rogers (1879-1935)


"People are tired of wasteful government programs and welfare chiselers, and they're angry about the constant spiral of taxes and government regulations, arrogant bureaucrats, and public officials who think all of mankind's problems can be solved by throwing the taxpayers' dollars at them." ++ "Government can't tax things like businesses or corporations, it can only tax people. When it says it's going to 'make business pay,' it is really saying it is going to make business help it collect taxes." ++

"We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much." ++ "Our tax policy is engineered by people who view tax as a means of achieving changes in our social structure." ++ "Raising taxes will slow economic growth, reduce production, and destroy future jobs, making it more difficult for those without jobs to find them and more likely that those who now have jobs could lose them." ++ "My friends, history is clear: Lower tax rates mean greater freedom, and whenever we lower the tax rates, our entire nation is better off." --Ronald Reagan (1911-2004)


"I say let's have Election Day on tax day. Let's get what we're paying for. Sign the check -- for the full amount -- and write in your preferred candidates on the back of the same check. Abracadabra ... smaller government, here we come." --columnist Jonah Goldberg

"Rampant redistribution of wealth by government is now the norm. So is this: It inflames government's natural rapaciousness and subverts the rule of law." --columnist George Will

"Inflation also means that all the talk about how higher taxes will be confined to 'the rich' is nonsense. Inflation is a hidden tax that takes away the value of money held by everyone at every income level." --economist Thomas Sowell

"[W]e need to return to a taxation system similar to the one established by our Founding Fathers. They did not penalize productivity through taxes the way we do today. They had no Internal Revenue Service. They believed in minimal taxation." --columnist Chuck Norris

"Today American taxpayers in more than 300 locations in all 50 states will hold rallies -- dubbed 'tea parties' -- to protest higher taxes and out-of-control government spending. There is no political party behind these rallies, no grand right-wing conspiracy, not even a 501(c) group like So who's behind the Tax Day tea parties? Ordinary folks who are using the power of the Internet to organize." --author Glenn Harlan Reynolds

"[I]s there any limit to this administration's intentions to interfere and perhaps control large swaths of our economy? ... That's the real message of the homegrown Tea Party revolt against bailout nation and the higher taxes, deficits, and debt being used to finance it. Folks are trying to tell Washington on Tax Day, April 15, that enough is enough. They can't take it anymore." --economist Larry Kudlow

"The cry at these tea parties should be 'not a penny more' until governments get their houses in order, just as we must do. Most people have been forced to reduce spending during the recession, but not the federal government, and likely not the government in your home state." --columnist Cal Thomas

"President Obama's own budget numbers show that Social Security this year will take in $654 billion in payroll taxes and dole out $662 billion in benefits and expenses -- a negative cash flow of $8 billion. Uh oh." --columnist Stephen Moore


"Today is tax day, and across America, taxpayers are holding tea parties to protest out-of-control government spending. Their concern is no tempest in a teapot. The tax burden on American families is growing increasingly heavy. According to the Tax Foundation, tax-freedom day came on April 13 this year. That day marks the point of the year when taxpayers have earned enough money to pay off their federal, state and local taxes. It takes Americans about 3 1/2 months of labor to cover their tax obligation. That time will increase as government continues to grow. President Obama's current budget proposal admits to thetaxmancometh_09-15bplans to raise taxes by almost $1 trillion over the next 10 years. Americans for Tax Reform (ATR) estimates that hundreds of thousands will turn out to protest this tax servitude. ... Today's tea parties are carrying on a noble American tradition of protesting unfair taxation. Mike Allen, co-author of 'A Patriot's History of the United States,' explained to us: 'America was born out of hatred of a strong centralized government. The Boston Tea Party (and a half dozen other concurrent tea parties from New York City to Charleston) protested government subsidies to create monopoly status for a corporation, the East India Company. From that point onward, tax protests have peppered American history.' The first tea party to protest taxes occurred on Dec. 16, 1773, when patriots called the Sons of Liberty dressed as Mohawk Indians, boarded ships in Boston Harbor and threw 342 chests of tea overboard. Other colonials followed the lead of Sam Adams and his fellow Bostonians by tossing tea into the sea. Today's tea-party movement is building steam because taxpayers are steamed. As ATR's anti-tax crusader Grover Norquist explained ... 'These are real people with real lives taking the time and effort to do this in reaction not to a tax increase yesterday, but in reaction to too much spending that will lead to tax increases and inflation years from now.' These modern Mohawks are angry because they fear the future is being poured down the drain. This kind of activism is our cup of tea." --The Washington Times


Read the rest here: Tax Time, Obama's Spendthrift Regime and More

No comments: