|
|
 |
|
 |
 |
|
 |
|
Report Comment
"We might, or possibly Hamilton himself might seek to answer these questions:
How did Oklahoma become so financially dysfunctional (along with a multitude of other states) that "Uncle Sugar" has to bail it out? That "Uncle Sugar" being not a benevolent federal government per se but the good taxpayers from all states in the Union?
Am I one of those (very few) idiots that actually wants to see an OHP cruiser every 100 yards? What "essential services" does the OHP deliver to us, other than cost us several hundred dollars we don't have in fines and insurance rate increases because we let the speedo creep 8mph over the limit at an inopportune time?
During the boom years of the 90's, how much of the largess went to address the actually essential services of roads and bridges? What rat hole did that money go down? As anyone who spends any time at all driving on the goat tracks that pass for thoroughfares in Oklahoma knows, it sure didn't go for roads and bridges.
Why does Hamilton blow up his own argument concerning the necessity of a state income tax? If the tax is eliminated, according to Hamilton, the real benefits go to tax-dodging millionaires. How so? Millionaires can afford to employ tax accountants to set up shelters to help them dodge taxes (just as he says). Meanwhile the family of four with an income of $50,000/yr - who can't afford a legal team to set up tax dodges for them - takes it in the chops with an extra $500 love tap from the OTC.
It appears to be the mindset of the Left in general, that revenues can only be generated directly through taxation.
There's another way to do that. Let business and the people it employs make money. Allow corporations and small businesses to keep their tax breaks - so they can hire more people and make more money. If I understand it correctly, neither corporations or businesses are required to pay a tax on losses, only on profits. So it seems keeping them healthy, viable, and in the black - and generating tax revenue for government - is the way to go. Unfortunately, this is the "voodoo economics" derided by the Left.
There's another term for it, Arnold. It's called prosperity."
|
|
 |
|
 |
|
|
|
|
|
|
