Saturday, January 15, 2011

More Borrowing Equals More Taxes

'Cause I'm the taxman, yeah, I'm the taxman
And you're working for no one but me
--The Beatles

Judge N rails on the insatiable spending habits of politicians. As he observes, this is a bipartisan addiction that bureaucrats, thru their budgeting behavior, signal every intention of keeping.

An important point made by the judge is the intellectual dishonesty in proclaiming that, as a result of recent Congressional compromise, taxes are not increasing. They are surely increasing. Borrowing more money today raises the tax burden tomorrow.

Judge N reminds us that taxation is legalized theft. And like sheep, we've mindlessly let the government take more.

People seem to be slowly waking up from their slumber. The November elections demonstrated increased interest among voters to populate Washington with representatives who will say no to additional spending.

Will this voice be loud enough to turn the tide? Dunno. History suggests that the odds are against it.

What is certain, however, is that if we don't proactively say no, then at some point in the future natural forces will say no for us.

1 comment:

dgeorge12358 said...

Congress seems to want to cure every ill known to man except unconstitutional government and high taxes.
~Charley Reese