This is the day that converts many people into conservatives — except for the Lenin-termed “useful idiots” and the mindless lemmings who are not participants in this day’s festivities. It is Tax Day, when we all pay our remittance to the government to allow it to waste and then overspend and demand more. But if Obama had had his way, it would be even worse.As a matter of fact, according to Americans for Tax Reform (ATR), since taking office in 2009, President Barack Obama has formally proposed a total of 442 tax increases, according to their analysis of Obama administration budgets for fiscal years 2010 through 2015. The 442 total does not include the 20 tax increases Obama signed into law as part of Obamacare.
The number of proposed tax increases per year is as follows:
- 79 tax increases for FY 2010
- 52 tax increases for FY 2011
- 47 tax increases for FY 2012
- 34 tax increases for FY 2013
- 137 tax increases for FY 2014
- 93 tax increases for FY 2015
Perhaps not coincidentally, the Obama budget with the lowest number of proposed tax increases was released during an election year. In February 2012, Obama released his FY 2013 budget, with “only” 34 proposed tax increases.
In addition to the 442 tax increases in his annual budget proposals, the 20 signed into law as part of Obamacare, and the massive tobacco tax hike signed into law on the sixteenth day of his presidency, Obama has made it clear he is open to other broad-based tax increases.During an interview with Men’s Health in 2009, when asked about the idea of national tax on soda and sugary drinks, the President said, “I actually think it’s an idea that we should be exploring.”
In 1913 America moved from taxation based upon goods consumption to a progressive taxation based upon income earnings — funny, a progressive tax is one of the points in Marx and Engel’s Communist Manifesto. Doubly funny, the progressive tax code came about during the first “progressive” American presidency, that of Woodrow Wilson.
I have stated before that taxation has become a weapon of mass destruction — far worse than climate change, John Kerry — enabling a fiscally irresponsible government to expand beyond its constitutional limits.It has also become a political battering ram used in a dangerous game of bribery for more largesse from the public treasury in exchange for votes — as we endure the insidious progressive socialist class warfare themes of fair share, economic equality, income inequality, shared prosperity, ad nauseum, ad infinitum.
I invite you to hold up a dollar to our misguided liberal progressive comrades and ask, “how much of this should a hardworking American get to keep?” My answer is no working American should give more than 30 percent of his or her income to the government (local, state, federal). This must be sufficient for effectiveness and efficiency. And we must no longer have a percentage of Americans who are not “paying any share” in the functions of government.Here is my tax reform proposal. We immediately move to a flat tax system with two tiers. The top tier paying between 20-22 percent and the lower tier paying 15 percent. There should be only two deductions: mortgage interest and charitable contributions.
The income level cut line between the two tiers? I’d have to ponder that one a little more, but since liberals seem to like the $200,000 number, perhaps it’s an acceptable “compromise.” As for the corporate business tax rate, it would be 25 percent, with no deductions. We would eliminate capital gains, dividends, and death taxes.
The goal of this tax proposal is growth and opportunity, not government largesse and dependency. Therefore, government reform is an integral part of this tax reform proposal, along with a balanced budget amendment which would force the federal government to prioritize its spending and spend only what it takes in — economic history demonstrates there would likely be increased receipts.
In addition, we would need to have regulatory reform because increased regulations are a form of taxation on our private sector businesses.
For those of you who prefer a Fair Tax — consumption based — that could be a possibility, but we don’t want to give the federal government any ideas of going towards a Value Added Tax (VAT). We need to reduce our debt and deficits first as well as control the debt to GDP and federal government spending to GDP ratios. I would propose we keep federal government spending less than 22 percent of our GDP.
Common sense tax, regulatory and government reform are what we need, because I wish for the day when Americans didn’t dread April 15th, but were proud to support their government because it is effective, efficient, and fiscally sound. Sound good to you?