The Democrat “debate” was a giveaway forum, where the candidates took the stage to spell out their plans to give free stuff to people who didn’t earn it. It was really no different from any other staged Democrat function, whether it’s a debate or a State of the Union address.
The candidates, mainly Hillary and Bernie, laid out everything from free healthcare, to more social security benefits, to free childcare, free college, free/paid family leave, and Hillary added free benefits for all illegals.
People should be outraged by Democrats proposing that some people’s money should be confiscated and given away to anyone with a hand out. Frankly most don’t even have their hands out. Most people, I think, are not necessarily expecting to be given a free college education. I don’t even think illegals are expecting the benefits that citizens receive – but if someone is going to offer, I’m sure they’ll take it.
Hillary says the rich will pay for all these free goodies. Of course, anyone with a brain knows the rich don’t have that kind of money. But then, those with a brain will not be voting Democrat. The question is, Are there enough of them?
To put this freebie nonsense into perspective, this year’s budget deficit is over $550 billion. We will spend $550 billion more than we take in. And that doesn’t account for any of the crap the candidates want to add on, which would more than likely push the deficit back above $1 trillion.
But Hillary claims the rich can cover it.
It’s well known that Bill Gates and Warren Buffett are the two richest people in America. Gates is worth about $80 billion and Buffett around $67 billion. Even if we confiscated every dime they have, $147 billion, it wouldn’t even get close to paying this current single-year deficit of $550 billion, much less the add-ons the Democrats suggest.
Even if all America’s wealthy were able to pay for the deficit this year, which they can’t, what do we do when next year rolls around? We have no more “rich” left to take from. Remember, we confiscated all their money last year!
Why aren’t regular taxpayers more up in arms over these wacky spending proposals? Sure, a lot of people don’t know these facts, but even if they did, why have we not had a revolt against excessive taxing and spending?
Phony deficit spending helps. It’s like running up a credit card with no limit that you never have to pay back. But there’s something else. American taxpayers don’t really have a stake in our tax and spend economy. They don’t have skin in the game.
Most people earn a living the old fashioned way. We go to work and receive a wage for it. Therein lies the problem. The paycheck we receive shows only our net income. We don’t see, or often don’t look at, all the money being withheld. It’s as if we treat that money as not ours in the first place.
And it’s because of this “withholding,” that people don’t feel the pinch of income taxes. If we were made to pay our taxes by writing a quarterly check to the government, things would change rapidly. There was a time when this was done.
The only way to wake people up is to rid ourselves of a withholding tax of any kind. That will at least get taxpayers back in the game.
Tomorrow — God willing and the creek don’t rise — I will delve into the history of the income tax and the dreaded withholding. It’s much more interesting than it sounds!