News reports indicate that the left is putting enormous pressure on Republicans to sell out as part of the “Biden Group” negotiations between Congress and the Vice President.
I explained the other day why the left is so anxious to get GOPers to surrender on the tax issue. Simply stated, the left’s fiscal agenda requires more revenue coming to Washington. And they also want Republicans to commit political suicide.
If GOP politicians surrender on the tax issue, they deserve to lose. But the American people don’t deserve the negative consequences, which is what I discuss in this interview with Neil Cavuto.
[…] we know from historical experience that higher taxes encourage more spending and slow economic growth, and the combination of those two factors leads to more red […]
[…] a practical matter, I’m opposed to tax increases because the odds of getting a deal that moves policy in a constructive direction are somewhere […]
[…] we know from historical experience that higher taxes encourage more spending and slow economic growth, and the combination of those two factors leads to more red […]
[…] can capitulate on taxes, causing themselves political damage, undermining the economy, and enabling bigger […]
[…] can capitulate on taxes, causing themselves political damage, undermining the economy, and enabling bigger […]
[…] on Freedom Watch, I explain that the White House is very flexible. The President will be happy if GOPers cut their own wrists and agree to a tax increase. That means Obama can tax and […]
Obama fails to abandon the economics of deceit. That being Keynesian economics. Triggering demand is inefficient and costly. On the other hand, maybe Obama wants to use this as a power grab and force wealth re-distribution on productive citizens. As our federal reserve decimates our currency, one must ask “What is the root of the dollar?” The dollar cannot exist unless goods are produce by individuals acting in a free-market. Artificially manipulating our money supply is not the answer. Every dollar is tied to a unit of production. When our money supply is devalued, so are the fruits of our labor. This is not the only problem. The creation of money enables our government to continue its destructive spending habits. The product of all of this is the sacrifice of our individual liberties and freedoms. We cannot trust the ignorance in Washington!