Galt's Gulch
12

"Elections should be held on April 16th... " - Thomas Sowell

Posted by GaltsGulch 8 years ago to The Gulch: General
31 comments | Share | Best of... | Flag

"Elections should be held on April 16th - the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders." - Thomas Sowell

Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read

  • Posted by Ben_C 8 years ago
    Brilliant. Actually, Michigan Taxpayers United filed a law suite against the Washtenaw County Board of Commissioners April 14th for illegal taxation. Seems the Board of Commissioners ran out of millage and resurrected three laws written in 1903 to 1916 to raise $26 million to fund their pet projects. Unconstitutional in Michigan to tax without voter approval. Should be a landmark decision and serve notice that we are tired of this behavior.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by Zenphamy 8 years ago
    Until one begins to understand that taxes are theft, elections are a slave fastening his own chain, and politicians of any stripe are the enemy--we will never have liberty. It is utter ridiculousness to think that an election can improve freedom.
    Reply | Mark as read | Best of... | Permalink  
    -
  • Posted by Danno 8 years ago
    Does everyone here know what Inflation Tax is?
    Reply | Mark as read | Best of... | Permalink  
    • Comment hidden by post owner or admin, or due to low comment or member score. View Comment
    • Posted by $ MichaelAarethun 8 years ago
      No. unless it's the pop name for when the government settles it's bankruptcy by inflation, devaluation and debt repudiation by making our retirement buying power worth 30% less. Actually they hit all tax payers and non taxpayers alike but the retirees have little time left to recover from being the main target.

      One other question to ponder since the government caused the whole thing how come it wasn't included in the COLA? Well that's rhetorical they don' t want to undo the harm they caused to cover up the amount they wasted buying your vote.

      Inflation Tax is the price you pay for voting Democrat or Republican.....

      Another name for it The Cycle or Circle of Economic Repression.

      In any case taxes are the fine you pay for being successful and fines are the taxes you pay for getting caught.
      Reply | Mark as read | Parent | Best of... | Permalink  
        -
      • Posted by Danno 8 years ago
        Inflation Taxes Explained: capital gains are not adjusted for inflation (and what a joke official numbers are!) so that if your investment say over 10 years does not keep up with inflation you not only have a nominal loss but then you are taxed on the nominal gain! Example: buy in at 20K, 10 years later investment worth 28K (4% annual gain), so nominal gain of 8K, but b/s inflation averaged 5% over ten years the adjusted capital base should be 30K; so real loss is 2K and then you get taxed 15% on the nominal 8K "gain"! Welcome to the American Nightmare were capital is hollowed out.
        Reply | Mark as read | Parent | Best of... | Permalink  
        • Posted by $ blarman 8 years ago
          Yes! Inflation is the single biggest problem in our government's fiscal policy - or should I say the Fed's. It is a tax on everyone because it arbitrarily pushes low-income earners into higher and higher tax brackets over time. It is a tax on savers and investors because it devalues those savings and investments which form the true backbone of industry. And worst of all it enables the Federal Government to continue to spend more than they take in because of not only all of the above, but the cheap rates at which the government may borrow (or simply create from thin air) the money on which they fund their largess.
          Reply | Mark as read | Parent | Best of... | Permalink  
    -
  • Posted by $ allosaur 8 years ago
    I suddenly regret deleting something in my email where Branco tax day cartoons were sidelined, making that forgotten something hard to find when Old Dino gets a ton of conservative email.
    So I did the next best thing. I typed in Branco Tax Day Cartoons and let the search engine do the rest~

    http://www.bing.com/images/search?q=B...

    For some reason tax day for this year is on Monday the 18th. Hope this helps you to enjoy this weekend.
    Reply | Mark as read | Best of... | Permalink  
      -
    • Posted by $ Suzanne43 8 years ago
      Two added days before the blood sucking rats make their grab.
      Reply | Mark as read | Parent | Best of... | Permalink  
        -
      • Posted by $ allosaur 8 years ago
        Suzanne, I almost wrote that you owe rats an apology before I took note of your "blood sucking" modifiers.
        Then I recalled how the IRS illegally denied certain groups tax exempt status (to wit, to suck the life out of such groups) because they are conservative instead of lib.
        Yes, it is only the illegal denial of a lib group for having tax exempt status that is worthy of prosecution during the rule of a regime such as King Barry's.
        Just ask Louis Lerner who is still walking around free as bird.
        Reply | Mark as read | Parent | Best of... | Permalink  
  • Posted by $ jbrenner 8 years ago
    Compromise between Democrat politicians and Republican politicans means that the pet projects of both get funded, and then those recipients of the pet project money donate money back to the political war chests of those same politicians. How do we incentivize politicians to act in the interest of lower spending? The incentives are clearly not in our favor.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by term2 8 years ago
    We should keep the liberals' feet to the fire in terms of demanding accountability for results on their programs. They get to make promises now, collect money. And then give pathetic results
    Reply | Mark as read | Best of... | Permalink  
  • Comment hidden by post owner or admin, or due to low comment or member score. View Comment
  • Posted by $ MichaelAarethun 8 years ago
    The best way to guarantee term limits and budget honesty I've heard lately I have to come down haad in favor of this brilliant idea. especially with spring elections coming hard on it's heels.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by chad 7 years, 12 months ago
    No amount of threatening to be upset and write scathing letters will ever change a politicians desire to be able to use violence to coerce behavior of its subjects.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by MasterRahl 8 years ago
    I think we should do away with the elections altogether. We all know its a show. It doesn't matter who wins. They were all picked from the same corrupt swamp.
    Reply | Mark as read | Best of... | Permalink  
    -
  • Posted by Herb7734 8 years ago
    I always admire the thoughts of Thomas Sowell. However, in this case, I doubt if anything would come of it. As I perceive it, the voting public is so ignorant of consequences that they will very likely be unable to connect what they pay in taxes with who they vote for. I used to have faith in the common sense of the average voter. I no longer have that faith. I let my emotions rule my reason and guess what? Emotions were wrong. Dear Mr. Sowell, I think you can influence most of the ninnies who vote by describing how candidates part their hair rather than anything that they actually do.
    Reply | Mark as read | Best of... | Permalink  
    • Posted by evlwhtguy 8 years ago
      I agree with you. Many have maintained that a national sales tax would be a good solution because people could see how much are taxes for every time they purchase something but the average moron just doesn't pay attention. He might notice it initially when the sales tax one up after a while he would just get fatalistic about it and March in lockstep. The only act that they might take is to try to get the politicians to give them a stipend to offset the sales taxes. Of course we all know where that stipend would come from!
      Reply | Mark as read | Parent | Best of... | Permalink  

FORMATTING HELP

  • Comment hidden. Undo