Senator Rand Paul On Fiscal Cliff “Dirty Secret”…
In yet another move to distance himself from the current GOP leadership, Senator Rand Paul discusses the real issue that is hardly being mentioned in the current and largely fake fiscal cliff negotiations and puts in plain terms that if Republicans continue to refuse to lead responsibly on this issue – why bother having a Republican Party at all?
(“It will also defeat the purpose of even having a Republican Party.” -Rand Paul )<a href=’http://a.stanzapub.com/delivery/ck.php?n=f7c6ec&cb=93cbf13896e58798f5585f9fed4c5b9f’ target=’_blank’><img src=’http://a.stanzapub.com/delivery/avw.php?zoneid=1435&cb=93cbf13896e58798f5585f9fed4c5b9f&n=f7c6ec’ border=’0′ alt=” /></a>
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EXCERPT: (via IBD)
Fiscal Cliff’s Dirty Secret: It’s Not About Taxes At All, But Too Much Spending
The current debate over tax hikes is an empty one built upon a false premise. The debate is whether raising tax rates will address our current crisis. The premise is that it is a lack of taxation that has led to the crisis. Both are hopelessly wrong.
President Obama’s proposed tax increases on the top 2% of earners would fund the federal government for about eight days. Even if we taxed Americans earning over $1 million on 100% of their income, we would raise only about $600 billion in revenue.
Taxing citizens at this level is a tyranny even Europe hasn’t reached, and still it would only address about one-third of our deficit.
…Every dollar the government takes is another dollar used unproductively. Every dollar removed from the private sector and wasted in the hands of bureaucrats is a dollar that will not be used to purchase goods, to pay for services or to meet a payroll.
continue at The Ulsterman Report:
http://theulstermanreport.com/2012/12/19/senator-rand-paul-on-fiscal-cliff-dirty-secret/
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