Satire by John W. Lillpop
As is the case with so many of the major issues of the day, left wing extremists are hell bent on pursuing policies that will be injurious, rather than helpful, to the American people.
An excellent example is in tax policy. According to liberal dogma, the poor and middle classes should be exempt from virtually all income taxes, whereas successful individuals and corporations should be punished for their success.
That thinking is bass-ackwards, and represents a serious threat to the continued viability of our democratic republic.
Think about it: Why should government use the tax code to beat the hell out of individuals and corporations who contribute the most to the GNP, who hire employees, and who create wealth?
Furthermore, why should that same government go out of its way to reward those who do not contribute to the economy? Why patronize those who consume goods and services paid for by others, but who add little or nothing to the GNP?
Barack Obama and other left wing extremists need to think outside the liberal box when it comes to restructuring the tax code.
These actions will lead to sustainable growth over the long term:
1. Significantly reduce or eliminate the tax obligation of individuals making over $250,000 a year. Money saved on taxes will be used by these people to hire more employees, improve productivity, and create wealth.
2. In tandem with the tax cuts cited, the tax obligation for those making less than $250,000 a year should be increased on a regressive scale: That is, the individual who makes $50,000 a year should pay less tax than the individual who earns $30,000. And so on.
Government should use the tax code to motivate individuals to be industrious, creative, and savvy when it comes to wealth creation.
Reducing taxes will accomplish that objective.
3. Increased Spending on liberal projects should require approval of two thirds of the Congress and the president.
By simply reversing their wrong-headed thinking,left wing extremists can be part of the solution, rather than the problem!