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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Monday, July 11, 2011

Review & Outlook: Taxes Upon Taxes Upon . . . - WSJ.com

With around a $1 trillion (these things are always calculated over 10 years) of new taxes embedded in the atrocious and hostile to the country's working, saving and investing public Obamacare, the idiot-in-chief is now try to jam another $1 trillion in new taxes onto people. Democrats solution to every problem, tax. Particularly tax one small sliver of society that already carries most of the burden of personal income taxes so that the rest of the nation thinks that they are getting something for nothing.

Now that central government expenditures, comrades, have risen to 25% of GDP from the typical 19% of GDP over the past 30 or so years, doesn't it seem as if the bulk of the problem has come from excess spending and diverting resourses from savers and investors to government flotsam?

I would be a supporter of one of the 50 States that declared itself a free state and refused to engage with this government any longer.

Review & Outlook: Taxes Upon Taxes Upon . . . - WSJ.com


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