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Wednesday, July 13, 2016

Party Platforms: Freedom vs. Servitude

As both parties gear up for their respective conventions later this month, the glaring and growing disconnect among Democrats, particularly on the economy, is impossible to mistake. On the GOP side, the focus clearly is on reducing onerous tax rates and cutting off the federal government’s out-of-control spending. Republicans recently unveiled a tax overhaul that, at least in theory, would constrict tax filing to fit on a postcard. And for those who question the plan’s viability, a new Tax Foundation study evokes high praise.

According to the study, “[T]he plan would significantly reduce marginal tax rates and the cost of capital, which would lead to 9.1 percent higher GDP over the long term, 7.7 percent higher wages, and an additional 1.7 million full-time equivalent jobs.” Additionally, “[T]he plan would lead to 0.7 percent higher after-tax income for all taxpayers and 5.3 percent higher after-tax income for the top 1 percent. When accounting for the increased GDP, after-tax incomes of all taxpayers would increase by at least 8.4 percent.”

Meanwhile, Democrats are getting ready to accept their most anti-capitalist platform to date...

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4 comments:

Anonymous said...

There is no freedom in Victorian moralizing.

Drew said...

You mean the Tony Perkins platform? Couldn't be any more anti gay, is that freedom?

Anonymous said...

So, essentially two choices:

The government taxes everybody that has anything into poverty - then gives the money to the others in poverty...simply raising the poverty level and rate!

The government gets out of our way and preserves our freedoms - while allowing us to keep more of our earnings while increasing tax revenues through volume!

The HildaBeast will provide the first option - recently pushed even farther left in order to accommodate support from those wanting to feel the Bern!

Donald Trump will provide the second option - by getting rid of the establishment platform that has been ruining government for the last few administrations!

Make your choice in November - the country will live or die based on what happens in 90 days!

Anonymous said...

I don't see theocracy as freedom.