The difference at a glance 3

From Daniel J. Mitchell of the Cato Institute.

Also, from the same source comes this:

THE FABLE OF THE ANT AND THE GRASSHOPPER  …  THE PC VERSION

TRADITIONAL VERSION

The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter.

The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away.

Come winter, the ant is warm and well fed.

The grasshopper has no food or shelter, so he dies out in the cold.

MORAL OF THE STORY: Be responsible for yourself!

——————————————————————————

OBAMA-REID-PELOSI VERSION

The ant works hard in the withering heat and the rain all summer long, building his house and laying up supplies for the winter.

The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away.

Come winter, the shivering grasshopper calls a press conference and demands to know why the ant should be allowed to be warm and well fed while he is cold and starving.

CBS, NBC, PBS, CNN, and ABC show up to provide pictures of the shivering grasshopper next to a video of the ant in his comfortable home with a table filled with food.

America is stunned by the sharp contrast.

How can this be, that in a country of such wealth, this poor grasshopper is allowed to suffer so?

Kermit the Frog appears on Oprah with the grasshopper and everybody cries when they sing, ‘It’s Not Easy Being Green.’

ACORN stages a demonstration in front of the ant’s house where the news stations film the group singing, “We shall overcome.” Then Rev. Jeremiah Wright has the group kneel down to pray to God for the grasshopper’s sake.

President Obama condemns the ant and blames capitalism for the grasshopper’s plight.

Nancy Pelosi & Harry Reid exclaim in an interview with Larry King that the ant has gotten rich off the back of the grasshopper, and both call for an immediate tax hike on the ant to make him pay his fair share.

Finally, the EEOC drafts the Economic Equity & Anti-Grasshopper Act retroactive to the beginning of the summer.

The ant is fined for failing to hire a proportionate number of green bugs and, having nothing left to pay his retroactive taxes, his home is confiscated by the Government Green Czar and given to the grasshopper.

The story ends as we see the grasshopper and his free-loading friends finishing up the last bits of the ant’s food while the government house he is in, which, as you recall, just happens to be the ant’s old house, crumbles around them because the grasshopper doesn’t maintain it.

The ant has disappeared in the snow, never to be seen again.

The grasshopper is found dead in a drug related incident, and the house, now abandoned, is taken over by a gang of spiders who terrorize the ramshackle, once prosperous and once peaceful, neighborhood.

The entire Nation collapses bringing the rest of the free world with it.

MORAL OF THE STORY: If you choose to become a parasite, don’t kill your victim.

Posted under Capitalism, Socialism by Jillian Becker on Sunday, January 12, 2014

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The anniversary of an awful day in American history 4

Yesterday was the anniversary of the start of a very bad thing.

The income tax.

Our creed is: Taxation is theft and income tax is the worst of all taxes.

So we read the following with sad sympathy.

It is from a column at Townhall by  Daniel J. Mitchell of the Cato Institute:

On October 3, 1913, one of America’s worst Presidents, Woodrow Wilson, signed into law the Revenue Act of 1913, which imposed the income tax.

The top tax rate was only 7 percent, the tax form was only 2 pages, and the entire tax code was only 400 pages. And a big chunk of the revenue actually was used to lower the tax burden on international trade …

But just as tiny acorns become large oak trees, small taxes become big taxes and simple tax codes become complex monstrosities. And that’s exactly what happened in the United States.

We now have a top tax rate of 39.6 percent, and it’s actually much higher than that when you include the impact of other taxes, as well as the pervasive double taxation of saving and investment. And the relatively simply tax law of 1913 has metastasized into 74,000 pages of Byzantine complexity.

Not to mention that the tax code has become one of the main sources of political corruption in Washington, impoverishing us while enriching the politicians, lobbyists, bureaucrats, and interest groups. Or the oppressive and dishonest IRS.

However, even though I take second place to nobody in my disdain for the income tax, the worst thing about that law is not the tax rates, the double taxation, or the complexity. The worst thing is that the income tax enabled the modern welfare state.

Yes, yes. We heartily agree. Income tax allows redistribution – the robbing of Peter by government to hand out his money to Paul.

The income tax launched socialism on the Western world. A terrible and ultimately fatal disease of the body politic.

Before the income tax, politicians had no way to finance big government. Their only significant pre-1913 sources of revenue were tariffs and excise taxes …

Once the income tax was adopted, though, it became a lot easier to finance subsidies, handouts, and redistribution. … As the decades have passed, the Leviathan state in Washington has grown. And in the absence of genuine entitlement reform, it’s just a matter of time before the United States morphs into a bankrupt European-style welfare state.

And as government becomes bigger and bigger, diverting more and more resources from the productive sector of the economy, we can expect more stagnation and misery.

That’s why October 3 is an awful day in American history.

Posted under Commentary, Economics, government, History, Socialism, United States by Jillian Becker on Friday, October 4, 2013

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Wouldn’t it be luverly? 2

Little poster from

What if We Had a Government Shutdown and Nobody Noticed or Cared?

by Daniel J. Mitchell of the Cato Institute.

Posted under government, United States by Jillian Becker on Wednesday, October 2, 2013

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It’s simple to balance the budget … 1

Daniel J. Mitchell of the libertarian Cato Institute talks sense about balancing the federal budget. No need, he says, to raise taxes. He even mentions in passing that income tax could be abolished  without the government being deprived of what it needs to carry out its constitutional duties. That’s the part we like best. But the whole argument is good and needs to be heard.

 

Video from PowerLine

Who’s buying the wine? 0

Daniel J. Mitchell writes at Townhall about American tax-payers paying the OECD to subvert America.

The $100 million that American taxpayers send to Paris every year to subsidize the Organization for Economic Cooperation and Development is – on a per-dollar basis – the most destructively wasteful part in the federal budget.

The video below will give you some evidence.

But the video also is a couple of years old, so it doesn’t even include some of the more recent and most outrageous examples of OECD perfidy.

The OECD has allied itself with the nutjobs from the so-called Occupy movement to push for bigger government and higher taxes.

The OECD, in an effort to promote redistributionism, has concocted absurdly misleading statistics claiming that there is more poverty in the US than in Greece, Hungary, Portugal, or Turkey.

The OECD is pushing a “Multilateral Convention” that is designed to become something akin to a World Tax Organization, with the power to persecute nations with free-market tax policy.

The OECD has endorsed Obama’s class-warfare agenda, publishing documents endorsing “higher marginal tax rates” so that the so-called rich “contribute their fair share.”

The OECD redistributes tax dollars to “corrupt and dictatorial regimes”.

Richard Rahn excoriates the statist swamp in his Washington Times column:

“The OECD was formed in 1960 to promote trade and investment among the developed countries. Over the years, it has morphed into an organization promoting higher taxes and the redistribution of income. … U.S. taxpayers are supporting high-salaried international bureaucrats who are advocating higher taxes on others, most notably U.S. taxpayers, but do not pay income taxes themselves.”

Dennis Kleinfeld wrote for IFC [International Finance Corporation] Review. He starts with a bit of history and explains how OECD bureaucrats live a good life at our expense:

“The OECD Secretary General, Deputy Secretaries, and heads of the Directorates are non-elected administrators and policy-makers, who live in Paris tax free (except for the Americans), travel first class, live first class, and whose every expense is paid for by the member states from taxes or money borrowed.

They keep a well-stocked wine-cellar at their headquarters too. Nice! But also paid for largely out of US taxes. (See the picture of it in the video.)

These are the guys who tell everyone else to pay their fair share of taxes and share in making sacrifices for the greater good of all. … I am quite convinced that the OECD functionaries have proceeded under the fixed ideological beliefs that global social happiness and economic prosperity can only be achieved when individuals subordinate their economic freedom and liberties to the interests of the collective, a utopian view of society. They are wrong. The state of the world proves otherwise.”

Removing American-financed subsidies from the OECD won’t necessarily put an end to this corrupt and statist bureaucracy. But at least American taxpayers won’t be violated to subsidize the pampered officials who drive the OECD’s biased agenda. And without America support, it is highly doubtful that the OECD would have any ability to bully nations into expanding the burden of government. That’s a win-win situation for America and the world.

Here’s his video:

Beggar nations 3

It’s later than he thinks.

This picture of President François Hollande of France comes from Townhall, illustrating an article by Daniel J. Mitchell, with the caption:

Compared to his foolishness on tax policy, Hollande is a genius when it comes to determining what time it is.

The author has been so bemused by watching European countries taking all the wrong steps to save themselves from bankruptcy, that he “endorsed the explicit socialist [Hollande] over the implicit socialist [Sarkozy] precisely because of a morbid desire to see a nation commit faster economic suicide.”

“Well,” he writes, “Monsieur Hollande isn’t disappointing me.”

He gives examples of the idiotic steps the new president is taking to ruin his country by raising taxes.

And here are some highlights from the article (which is worth reading in full):

While France is driving into a fiscal cul-de-sac, Italian politicians have constructed a very impressive maze of red tape, intervention, and regulation. …

But let’s not forget our Greek friends … the country that subsidizes pedophiles and requires stool samples from entrepreneurs applying to set up online companies.

Thanks to the International Monetary Fund, the rest of us are helping to subsidize these Greek moochers.

And speaking of the IMF, I never realized those overpaid bureaucrats (and they’re also exempt from tax!) are closet comedians. They must be a bunch of jokers, I’ve concluded, because they just released a report on problems in the eurozone without once mentioning excessive government spending or high tax burdens.

The tax-free IMF bureaucrats do claim that “Important actions have been taken,” but they’re talking about bailouts and easy money. …

Even though the problems in Europe are solely the result of bad policies by nations governments, the economic pyromaniacs at the IMF also say that “the crisis now calls for a stronger and more collective effort.”

By which they mean –

Let’s translate this into plain English: The IMF wants more money from American taxpayers (and other victimized producers elsewhere in the world) to subsidize the types of statist policies that are described above in places such as France, Italy, and Greece.

Greece, Spain, and yes, France and Italy too, and not omitting Ireland and Portugal, are like beggars intent on getting enough alms to keep themselves alive for one more day.

Like beggars, did we say? They are beggars. They have reduced themselves to beggary. The beggar-nations of Europe. To give them alms is to sponsor beggary.

The IMF and the World Bank – both of them institutions in the UN system – are the charity-workers who come to your doors, Americans,  rattling their collection boxes, to support the poor … what?

“Pedophiles? Early retirees? Muslim immigrants? Biannual vacation-takers? National health service patients?”

“Yes. Just put the coins in the box and don’t be judgmental!”