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Your Taxes are Going UP Again

US Capitiol Building.jpgOur leaders on Capitol Hill demonstrated just why their approval ratings are so low by pinching more of your hard earned money today. They voted to spend even more of your (and my) money and continue their drunken-sailor-in-a-whorehouse impression. Sadly, it wasn’t even close, at 71-29. As our economy shows every sign of slowing, our politicians are once again demonstrating their complete lack of understanding of anything remotely economic, by raising both taxes and spending.

Too many pols seem convinced that we can tax ourselves into prosperity, when history has shown just the opposite. They will continue to pull more money out of the private sector (You know, the part of the economy that creates productive jobs), so they can divert it to the government, who will spend it less efficiently and create nothing in the way of economic growth in the process. Create new businesses that employ people, develop new products, processes and technologies, and put America back into economic health? Why no, that might require us to CUT Taxes.

If you’ve ever heard politicians bellyache about how much tax cuts cost, you’ll understand why they just don’t get it. They’re looking at your money as their money. From where I’m sitting, tax cuts don’t cost, they save (taxpayer’s money). At least the Senate endorsed continuing $340 billion of the tax cuts. Our fine congressional members in the House, on the other hand, want to expand domestic programs and hike our taxes by letting every one of the tax cuts expire. They just don’t get it…….

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