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Heavy-Handed Politics

"€œGod willing, with the force of God behind it, we shall soon experience a world
without the United States and Zionism."€ -- Iran President Ahmadi-Nejad

Friday, March 17, 2006

ABOUT TAX CUTS

"The economics of tax cuts are really quite simple: Capital is freed for reinvestment in business. Thus, if a business owner is taxed at a lower rate, he has more money for expanding, hiring and buying more equipment and supplies. On the other hand, forced redistribution of business wealth achieves the exact opposite. To see this truism at work, one need look no further than Michigan, whose economy thrived under the tax-cutting policies of three-term Republican governor John Engler, but now ranks dead last in nearly every economic category under tax-happy Democrat Jennifer Granholm."

And, "As far as government is concerned (which shouldn't be very far), the way to reduce the poverty rate is simple: More tax cuts, more deregulation, much less government spending, and then—get out of the way. It was Benjamin Franklin who observed, "[T]he best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it." Leftist politicians continue to make the poor easy in their poverty."

Source: Patriot Post

A good example of this and highlighted by the Katrina hurricane is the failed social welfare program that continued for decades in New Orleans under Democratic leadership and got them absolutely nowhere.

"You don't make the poor richer by making the rich poorer."
--- Sir Winston Churchill

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