Tuesday, September 20, 2011

Instead of raising taxes, or addition to raising taxes....

Ayn Rand said people should be willing to pay 90% in taxes if it were necessary for national defense. It was hyperbole, but the point is that if the revenue is needed, then the taxes must be paid. Even Ayn Rand thought so.
If the government is in a situation in which taxes must be raised on the rich and corporations, then I propose that the following steps be taken as well.
1. End all subsidies to corporations. Corporations are supposed to raise their own capital and generate their own revenue. If a company can't do either, we shouldn't concern ourselves with it. A company that can no longer make money is like a lawnmower that can no longer cut grass. It has completely failed at its purpose. It should be scrapped.
2. End all entitlements to the wealthy. If taxes are charged based on the ability to pay, entitlements should be paid out based on need. If the country is such dire financial straits, if certain people are demanding that their own taxes be raised, why isn't this one of the first things to be cut?

No comments:

Search This Blog

Offices on the Ballot - Allen County 2024

  OFFICES ON THE 2024 BALLOT ALLEN COUNTY INDIANA   FEDERAL   President of the United States United States Representative Dist...

Blog Archive

Labels


Brgd. General Anthony Wayne US Continental Army

Sitemeter




My blog is worth $11,855.34.
How much is your blog worth?

Followers

About Commenting

Keep it clean and relevant to the post. If you have a question that isn't related to a recent post, email me at enders.robert@gmail.com . You can also email me if you want to make an anonymous comment.

DISCLAIMER

Per the by-laws of the Libertarian Party of Allen County, the Chair is the official spokesperson of LPAC in all public and media matters.

Posts and contributions expressed on this forum, while being libertarian in thought and intent, no official statement of LPAC should be derived or assumed unless specifically stated as such from the Chair, or another Officer of the Party acting in his or her place, and such statements are always subject to review.