Today is Tax Day. The day when the self-employed either stroke another large check, as they are not subject to Âœwithholding, which softens the blow for most, this is the day when the government takes our money to be spent frivolously and unwisely. Have some food for thought – taken from Fort Liberty.
For an illustration of the difference between proportionate and progressive taxation, we can look to the Bible. There, tithing is explained as the economic basis of our Judaic-Christian religions. The Lord says you shall contribute one-tenth and He says, ‘If I prosper you 10 times as much you will give 10 times as much.’ That is proportionate — but look what happens today when you start computing Caesar’s share. A man of average income who suddenly prospered ten times as much would find his personal income tax increased 43 times. — Ronald Reagan
Most [tax revisions] didn’t improve the system, they made it more like Washington itself: complicated, unfair, cluttered with gobbledygook and loopholes designed for those with the power and influence to hire high-priced legal and tax advisers. — Ronald Reagan
We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle. — Winston Churchill
A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money. — G. Gordon Liddy