William Thien

This is an earlier observation on extending Bush Era Tax Cuts, what is currently being debated with regard to “The Fiscal Cliff.”

William Thien

Recently I have heard a number of politicians and economists, even a nominee for the Federal Reserve suggest that it is time to end The Bush Era Tax Cuts, at least for the highest income earners. It sounds good on the face of things. And it would seem like a good source of funds, to take the tax dollars from the most wealthy. At least you know where there is some money to take, right? But is that all such economists and politicians have to offer America, some form of communism/socialism?

There is a problem with that logic. For one, using that rationale is the same as saying nobody should be able to make more money than anyone else. Such taxation is punitive.

Such taxation is also a tyranny, perhaps a tyranny of the masses since there are fewer people making such amounts of money and therein lies within theā€¦

View original post 696 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Find by month

Find by date

December 2012
M T W T F S S
« Nov   Jan »
 12
3456789
10111213141516
17181920212223
24252627282930
31  
Follow William Thien on WordPress.com
%d bloggers like this: