There are two distinct philosophies of thought when it comes to generating revenue for America. Both ideas are predicated upon what your beliefs are for government and it's size and scope.
Liberals in general and Obama specifically believe that the scope and focus of government should be large and all inclusive. They believe that government should provide for it's citizens at the expense of business, wealthy, and finally middle class. There is a small amount of taxation upon all classes but not all of them are specifically targeted like business and the wealthy. This is a classic example of redistribution of wealth. Take from one entity and give to another entity.
Obama believes that if he raises taxes on business and the wealthy that it really won't effect their employees nor their desire to accumulate more wealth. He thinks business will always be a constant however, their profit margins will fluctuate but not to the extreme where they will reduce labor. If they reduce labor the government will be financially sound and be able to provide if it happens. The more people reliant on government there are the more powerful the government becomes...
Conservatives in general and me specifically believe the focus and scope of government should provide basic necessities for it's citizens but be very small, efficient, and unobtrusive. Americans don't need a bureaucracy to tell them how to operate, we just have to rely on our work ethic and common sense and values to lead the way...
Instead of raising taxes, reduce taxes and give businesses and citizens more discretionary income to put back into the economy. If this happens capitalism kicks in and business focus on their workforce and profit margins. They then pay normal taxes on higher amounts of profit which accomplishes the same monetary goal as raising taxes on less revenue or smaller margins.
There are more differences obviously but the main one is now you have citizens working and paying taxes instead of relying on the government to support and provide for them. This reduces the amount of power a government has and keeps it's scope smaller and focused on priorities and security which is much better for Americans.
The Liberals have created an us against them mentality when it comes to everyday Americans versus wealthy Americans. I don't understand this. Why would anyone resent anyone else for what they have or don't have? Some people are just smarter, luckier, harder working, etc than others, this is plain and simple. It is what it is and far too often we forget what we have right in front of us while we are busy worrying about what we don't have...
There you have it, fiscal policies and philosophies in a nutshell. At the end of the day we are all Americans which means a lot of different things to a lot of different people but be patriotic, work hard, defend whats yours, and love your fellow man as you would your own family. This simple philosophy will benefit us all.
God Bless.
Wednesday, February 3, 2010
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