September 20, 2018

You Deserve a Tax Break and Your Boss Does Too

taxbreak_mini 3Republicans during the Reagan and Bush administrations had a pretty straightforward fiscal policy: increase federal spending dramatically and cut marginal income tax rates modestly, predicting the resulting economic growth would eventually balance the budget. Both administrations increased spending roughly 80-100 percent, depending upon where you draw the start and end lines, given the government’s fiscal year running October 1 – September 30. Predictably, federal debt exploded during both administrations.

This time around, some things are the same, but some are different. The predictable (and predicted) growth of entitlements and the quasi-religious belief military spending must always increase (the military must be “rebuilt!”) has produced what should be a frightening result: federal debt doubled during a Democratic administration under which federal spending increased a mere 28-33 percent, again depending on where you draw the lines.

It’s All Class Warfare

So, the usual Republican modus operandi is not going to fly this time around. Not only have Republicans run on making government smaller, before again blowing up spending once they got in power, but they’ve railed for eight years against Obama’s debt legacy.

They can’t just ignore deficits as they have in the past and expect to win again in future elections, so they’re left with only one choice: “reform” the tax code so it collects the same or more revenue and sell it as a tax cut.

That’s not to say it’s going to work. Federal tax revenue will likely decrease overall under their plan, despite their efforts to raise taxes on some people while cutting them for others. But Republicans can ignore reality as well as Democrats when they need to. If you doubt that, ask any ten Republicans at random if the government got bigger or smaller while Reagan was president.

Republicans are also virtually identical to Democrats in their Marxist view of society.For Republicans, just like Democrats and communists, it is made up of different “classes” of people, competing with each other in a zero-sum game for pieces of a static, finite “pie.” This is explicit in their rhetoric about “tax cuts for the middle class” or the sublimely obtuse “working class” (doesn’t anyone generating an income, large or small, work?)

While it’s true the idea of classes in society predates Marx, it is his vision which dominates the tax code, most strikingly in its assumption there is some fundamental difference between employees of going concerns and owners.

Read the rest at Foundation for Economic Education…

Tom Mullen is the author of Where Do Conservatives and Liberals Come From? And What Ever Happened to Life, Liberty and the Pursuit of Happiness? Part One and A Return to Common Sense: Reawakening Liberty in the Inhabitants of America.

Newsweek: Trump’s Tax Reform is Aimed at Punishing Democratic Voters

dmoe votersOn October 19, Republicans passed the first $4 trillion federal budget in U.S. history, a version of which narrowly passed the House on Thursday.

At $4.1 trillion, the budget represents an approximately 5 percent increase in spending over the last fiscal year of the Obama administration and sets the stage for President Trump to do what every GOP president has done since WWII: increase spending far more than did his Democratic predecessor.

Simple arithmetic will tell you that if spending increases, either taxes or deficits must increase, too. But although the GOP has been happy to let deficits explode in the past, they will have a harder time defending them this time around after their eight-year assault on Obama’s deficits, which increased debt from $10 trillion to $20 trillion.

Therefore, Republicans are going to have to raise taxes to avoid bigger deficits.

They have set out to do exactly that to their political opponents while cutting taxes for their supporters.

All of this makes their current narrative about eliminating the state and local deduction from federal tax liability especially unseemly.

They claim the deductions force low tax states to subsidize high tax states like California, but that’s not true. California and New York pay more in federal taxes than they reap in federal benefits.

That isn’t to defend the egregious taxation in states like New York. But as Republicans love to remind us, the wealthiest 20 percent of Americans pay most of the income taxes and most of those people live in blue states Republicans are targeting for effective tax hikes.

Read the rest in Newsweek…

Tom Mullen is the author of Where Do Conservatives and Liberals Come From? And What Ever Happened to Life, Liberty and the Pursuit of Happiness? Part One and A Return to Common Sense: Reawakening Liberty in the Inhabitants of America.

Big-Spending Republicans Seek Tax Hikes on Blue States

taxincreasesignTen days ago, Republicans passed the first $4 trillion federal budget in U.S. history, a version of which narrowly passed the House on Thursday. At $4.1 trillion, the budget represents an approximately 5% increase in spending over the last fiscal year of the Obama administration and sets the stage for President Trump to do what every GOP president has done since WWII: increase spending far more than did his Democratic predecessor.

A History of Spending Increases

Simple arithmetic will tell you that if spending increases, either taxes or deficits must increase, too. But although the GOP has been happy to let deficits explode in the past, they will have a harder time defending them this time around after their eight-year assault on Obama’s deficits, which increased debt from $10 trillion to $20 trillion.

Therefore, Republicans are going to have to raise taxes to avoid bigger deficits. They have set out to do exactly that to their political opponents while cutting taxes for their supporters. All of this makes their current narrative about eliminating the state and local deduction from federal tax liability especially unseemly. They claim the deductions force low tax states to subsidize high tax states like California, but that’s not true. California and New York pay more in federal taxes than they reap in federal benefits.

That isn’t to defend the egregious taxation in states like New York. But as Republicans love to remind us, the wealthiest 20% of Americans pay most of the income taxes and most of those people live in blue states Republicans are targeting for effective tax hikes. To raise spending by $200 billion and then claim the moral high ground based on fake news is exasperating even by Washington’s standards.

Read the rest at Foundation for Economic Education…

Tom Mullen is the author of Where Do Conservatives and Liberals Come From? And What Ever Happened to Life, Liberty and the Pursuit of Happiness? Part One and A Return to Common Sense: Reawakening Liberty in the Inhabitants of America.

The Real Reason Rand Paul is Losing to Trump and Carson: Republican Voters Want Bigger Government

Official PortraitRand Paul’s campaign actually showed faint signs of life in the last ABC/Washington Post poll, where his 5 percent showing has him within striking distance of Jeb Bush and every other candidate besides Donald Trump and Ben Carson. That’s little consolation considering the poll shows Carson at 20 percent and rising sharply and Trump doing the same at 33 percent.

There has been a lot of digital ink and hot air expended on why Paul fell from the GOP lead as “the most interesting man in politics” to a long shot candidate fighting for scraps with the Walkers, Bushes and other members of the rejected “establishment.” There have been reports of infighting among the campaign staff, Paul’s failure to energize his father’s activist base and even his reluctance to woo big money donors.

One would think that last “shortcoming” would be appealing to voters fed up with Washington insiders, but apparently not so for Paul.

The most prevalent theory is that in trying to avoid alienating mainstream Republican voters while championing his father’s libertarian platform, Paul has alienated both groups: libertarians and traditional Republicans. That sounds good, but it doesn’t add up.

Read the rest at The Huffington Post…

 

Tom Mullen is the author of A Return to Common Sense: Reawakening Liberty in the Inhabitants of America.

Why Progressives Should Let Republicans Repeal Obamacare and Close the Borders

obamacareLast week, Senate Republicans were given bad news by Senate Parliamentarian Elizabeth MacDonough. She doesn’t believe Republicans can bypass cloture and repeal Obamacare with a simple majority by attaching its repeal to a spending bill.

As a libertarian, I’m glad to hear it. No, I do not like Obamacare any more than I like most other government programs, especially those that further enrich multi-billion dollar corporations on my dime. But I’m glad it’s still difficult to get things through the Senate. That’s how it’s supposed to be.

But progressives should feel differently. The should want to see at least two bills pass both houses, one repealing Obamacare and one blocking the president’s immigration policies. Progressives profess a belief in democracy and the Republicans have been democratically elected to both houses. Whether you agree with them or not, there’s no question repealing Obamacare and reversing the president’s immigration agenda were two of their strongest mandates.

Read the rest at The Huffington Post…

 

Tom Mullen is the author of A Return to Common Sense: Reawakening Liberty in the Inhabitants of America.

 

Republicans as wrong as Democrats on Sandy Relief

TAMPA, January 5, 2013 – There is yet another faux debate raging in Congress. According to Fox News, the House and Senate have passed a $9.7 billion aid package for Sandy victims. Most Democrats and Republicans are calling for an additional $51 billion.

Some Republicans are dragging their feet.

It would be encouraging if even a single Republican articulated the principle at issue here, but none have. Republicans in Congress couldn’t find a principle if it were slid under their doors with envelopes full of lobbyist cash.

For the record, the principle is this: Citizens in Wyoming shouldn’t be taxed to rebuild the houses of other people in Wyoming, much less New York or New Jersey. This is another bedrock American principle that has completely vanished from the minds of most Americans.

Instead, Republicans object on the grounds that not all of the proposed funding is necessary for immediate relief. In fact, there is some considerable pork built into both the House and Senate versions of the bill, including “$150 million for fishery disasters in a range of states — including Alaska and Mississippi” and “nearly $45 million was included for work on NOAA’s hurricane reconnaissance aircraft.”

Rep. Tim Huelskamp voted against it, saying, “We have to talk seriously about offsets,” he said. “We can’t take $60 billion off budget, that’s my problem with it.”

The common sense and acknowledgement of reality are refreshing, but Huelskamp still avoids the main issue.

Property is a right, just like free speech. It was recognition of the right of each individual to keep the fruits of his own labor and dispose of them as he saw fit that made the United States the richest nation in the world, relatively overnight.

While the immediate cause for the outbreak of hostilities during the American Revolution was the British attempt to disarm the colonists, the long term cause was the British threat against property rights.

American schoolchildren are taught that the colonists’ only grievance was “taxation without representation.” That’s convenient for big government progressives on both sides of the aisle, because they can then say, “You are represented, so we can tax you however we please.”

Those schoolchildren are not taught that the colonists also did not want representation in the British Parliament. Jefferson said so in his Summary View of the Rights of British America. Benjamin Franklin was strictly instructed not to accept any deal with the British that involved colonial representation in Parliament.

The colonists wanted no part of any political system whereby they could be taxed and the money spent for the benefit of other parts of the empire. Representation in a Parliament where they were hopelessly outnumbered would only add the veneer of legitimacy to this armed theft.

Read the rest of the article…

The fiscal cliff: Another phony emergency to give the government more power

TAMPA, November 27, 2012 – The 24-hour news cycle is dominated with frantic warnings about the “fiscal cliff.” If you merely listen to the sound bites, there is another “emergency” facing the United States of America and only some drastic action by Congress can avert it.

What nonsense. Don’t Americans ever learn anything from even the recent past?

Just four years ago, we were told that if we didn’t allow Congress to give Wall Street almost a trillion dollars of our money, the end of the world would occur. The “bold” legislation was necessary to “save the financial system.” Other than preventing a lot of billionaires who made bad investments from losing their money, I’m not sure what that was supposed to mean.

It didn’t prevent millions of borrowers from losing their homes. That happened anyway.

We were told after 911 that “the world changed” and the 4th, 5th and 6th amendments to the Constitution would have to be trashed. Americans now subject themselves to unreasonable searches without warrant merely for the “privilege” of getting on a plane. They allow presidents to arrest American citizens without a warrant or charges and hold them indefinitely without recourse to a writ of habeas corpus.

The president can even kill American citizens without due process.

It was all supposedly necessary to protect us from…the shoe bomber and the underwear bomber. Both defeated the new government security apparatus and were subdued by private citizens.

Both initiatives were accompanied by a non-stop barrage of media propaganda trumpeting impending doom if the government wasn’t given more power.

The fiscal cliff scam is playing out exactly the same way. Day and night, Americans are bombarded with the same message. If Congress doesn’t do something, the world will end.

There are two components to this supposed disaster. The first is the “draconian cuts” to government spending built into the Budget Control Act of 2011. Supposedly, they will “gut the military,” while plunging the economy back into recession.

There is only one problem. Even if Congress fails to make a deal, nothing is being cut from the federal budget.

Let me repeat that. Nothing is being cut.

Read the rest of the article…

Do Republicans really want to defeat Obama?

TAMPA, Fl., April 2, 2012 —The Republican Party has energized its base around the idea that Barack Obama must be defeated to save America from “socialism.” They won a majority in the House in 2010 by focusing on Obamacare. They claim that this election is a turning point. Obama must be defeated or America will be “fundamentally changed.”

There is only one problem. All of the candidates they are running will lose to Obama, with the exception of Ron Paul.

In order to win the general election, the Republicans need independents and Democrats. They also need a media narrative that shows a clear contrast between their candidate and Obama. They get all of this with Paul and none of it with Romney, Santorum, or Gingrich.

During the 2010 elections, Republicans pulled off a rhetorical coup. They successfully labeled Obamacare as “socialism” while at the same time mobilizing millions of senior citizens against the program because it would hurt Medicare. Hats off to their spin doctors. It won’t be that easy this year. If they want to attack Obama on Obamacare, they can’t run a candidate who signed the same program into law in Massachusetts (Romney), who supported its individual mandate for twenty years (Gingrich), or who voted for the Medicare prescription drug benefit (Santorum).

Santorum hasn’t endorsed the individual mandate, but Obama can argue that he’s all for government healthcare and “spreading the wealth around” because of Medicare Part D. The Republican base might swallow Santorum’s rebuttals, but for the rest Obamacare gets neutralized.

Continue at The Washington Times Communities…