Posted by
Bob Sordahl on Sunday, July 12, 2009 5:03:18 PM
Originally posted on 07/12/09 at
ConservativeCompass.com
Many people in this Country, including the talking heads in the media
tend to reduce all politics to partisan issues. The Democrats want to
do this, the Republicans want to do that. One party wants to rescue
low income Americans or make universal health care affordable, the
other party wants to be obstructionist and not agree with any so called
"progressive" ideas. However the truth is, there is an undercurrent of
common sense that runs deep through the American people. It is rooted
in the philosophy and writings of our Founding Fathers, and the polls
are daily showing our citizens, regardless of political alignment have
an understanding of what is important, prudent and sustainable in this
Country.
President Obama was elected largely on the promise of "a chicken in
every pot", but even the potential recipients of such government
largess are expressing a bit of discomfort at the prospect of taxing
some Americans and some American businesses out of this country. They
seem to know intuitively that the wealthy among us won't stay around
long if our Government reaches too deeply into their pockets. We know
this to be true because of the "missing millionaires of Maryland"
. In May of this year, the Wall Street Journal noted that Maryland's
attempt to raise cash on the backs of the wealthy actually brought in
less revenue than the previous year:
Maryland
couldn't balance its budget last year, so the state tried to close the
shortfall by fleecing the wealthy. Politicians in Annapolis created a
millionaire tax bracket, raising the top marginal income-tax rate to
6.25%. And because cities such as Baltimore and Bethesda also impose
income taxes, the state-local tax rate can go as high as 9.45%.
Governor Martin O'Malley, a dedicated class warrior, declared that
these richest 0.3% of filers were "willing and able to pay their fair
share." The Baltimore Sun predicted the rich would "grin and bear it."
The article continued:
One year later, nobody's grinning. One-third of the millionaires have
disappeared from Maryland tax rolls. In 2008 roughly 3,000
million-dollar income tax returns were filed by the end of April. This
year there were 2,000, which the state comptroller's office concedes is
a "substantial decline." On those missing returns, the government
collects 6.25% of nothing. Instead of the state coffers gaining the
extra $106 million the politicians predicted, millionaires paid $100
million less in taxes than they did last year -- even at
higher rates.
And concludes with this ominous portent for Washington DC:
All of this means that the burden of paying for bloated government in
Annapolis will fall on the middle class. Thanks to the futility of
soaking the rich, these working families will now pay Mr. O'Malley's
"fair share."
Another government disaster in
waiting is the health care proposal now making its way through
Congress. One need go no farther than Massachusetts to see how this program will play out
. Originally promoted by GOP Governor Mitt Romney (see, I said common
sense has no partisan allegiance), this 2006 health insurance law is
another example of legislators meaning to accomplish one thing, while
not exhibiting enough common sense to realize citizens would do quite
the opposite. In the words of the Wall Street Journal: "Their Rube
Goldberg rules are meant to transfer the costs of health care away from
individuals and onto someone else -- private companies...in the short
term, and over time onto taxpayers."
And finally, there is
"Cap and Trade". This unbelievable travesty of legislation passed by
the House along largely partisan lines, although forty-four Democrats
let common sense guide them instead of their Party and voted against
the bill. This huge hidden tax on the American consumer under the
guise of fighting "Global Warming" or creating jobs, is just a means of
raising capital to forward the Liberal agenda in Washington. Clearly,
according to a recent Rasmussen poll
, the American people are not quite so easily convinced. Most
respondents who had an opinion, felt the Cap and Trade restrictions
would hurt our economy. Once again, common sense seems to be
transcending Party lines. Hopefully that will translate to a defeat of
this bill in the Senate.
The point of all this is that it
doesn't take a genius to predict such outcomes. Political affiliation
has little to do with the common sense surrounding these news stories.
Forget your politics and engage your brain. Thankfully, it seems an
increasing number of Americans are doing just that, and regardless of
who they elected as President, are realizing that there is a huge
difference between campaign rhetoric, and the reality of trying to
finance those promises. I believe they are also coming to understand
that our Government cares little about how they fulfill their
insatiable need for more money. It is only common sense that when the
Golden Goose no longer produces eggs, our Government will turn to you
and me.