Hillary's Planned Tax Hikes
The old adage goes "If you find yourself in a hole, stop digging". Well, Hillary Clinton, Democrat Nominee for President, wants to give everyone a shovel and orders to keep digging.
Mrs. Clinton's tax plans for her presidency, should she win, includes many tax increases, both business and personal. She needs this, she thinks, in order to pay for her marvelous gifts she is bestowing on Americans. Gifts such as universal health care and debt free tuition for college students. I'm still scratching my head on the debt free tuition. Are you to borrow money to pay for college and not pay it back?
Businesses need money to pay the bills, while trying to expand and grow business and hire more workers. But Hillary wants to take that money, because she and her democrat pals think they can spend it better. The problem is government cannot spend our money wisely, and there are countless examples of government waste.
What Hillary and democrats fail to learn is that lower tax rates leads to more tax revenue. Lower rates lead to growth of the economy, and wealth of all, not just the 1%. In fact, by laying blame at the feet of, and targeting the incomes of, the top 1%, they are driving a wedge of class-ism into our people.
Even if you taxed the top 1% at a 100% rate, you would not come even close to funding the government programs for a year, or making a dent in the national debt.
John F. Kennedy, Ronald Reagan and George W. Bush, all knew that lowering tax rates leads to higher tax revenues. All three enacted tax cuts and saw the economy grow and revenue into the treasury grow.
The moose on the table is that growing government even bigger than it is today, is not going to solve our economic woes. We need to shrink government in both size and scope, and allow the private sector to grow and move this country forward. In other words, we're in a hole and we need to stop digging.
The old adage goes "If you find yourself in a hole, stop digging". Well, Hillary Clinton, Democrat Nominee for President, wants to give everyone a shovel and orders to keep digging.
Mrs. Clinton's tax plans for her presidency, should she win, includes many tax increases, both business and personal. She needs this, she thinks, in order to pay for her marvelous gifts she is bestowing on Americans. Gifts such as universal health care and debt free tuition for college students. I'm still scratching my head on the debt free tuition. Are you to borrow money to pay for college and not pay it back?
Businesses need money to pay the bills, while trying to expand and grow business and hire more workers. But Hillary wants to take that money, because she and her democrat pals think they can spend it better. The problem is government cannot spend our money wisely, and there are countless examples of government waste.
What Hillary and democrats fail to learn is that lower tax rates leads to more tax revenue. Lower rates lead to growth of the economy, and wealth of all, not just the 1%. In fact, by laying blame at the feet of, and targeting the incomes of, the top 1%, they are driving a wedge of class-ism into our people.
Even if you taxed the top 1% at a 100% rate, you would not come even close to funding the government programs for a year, or making a dent in the national debt.
John F. Kennedy, Ronald Reagan and George W. Bush, all knew that lowering tax rates leads to higher tax revenues. All three enacted tax cuts and saw the economy grow and revenue into the treasury grow.
The moose on the table is that growing government even bigger than it is today, is not going to solve our economic woes. We need to shrink government in both size and scope, and allow the private sector to grow and move this country forward. In other words, we're in a hole and we need to stop digging.
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