Conrad Opposes Tax Relief For Americans
As Americans struggle under the burden of higher prices due to rising energy costs North Dakota Senator Kent Conrad is busy in Washington (with the rest of his Democrat cronies) fighting against legislation that would reduce government waste and lower taxes.
Apparently Conrad's solution to budget deficits is continued high tax rates. His philosophy is based on the idea that the more taxes our government applies to the citizens the more money it brings in. And that's true, to a point, but right now the tax burden being carried by most Americans has reached a point of diminishing returns. Keeping the tax rates at these high levels depresses the economy, which leads to lower tax receipts for the federal government.
When tax rates are as high as they are right now now tax cuts have historically increased federal tax receipt, not decreased them. Bush's tax cuts from his first term have had an extremely positive impact on both our economy and on the amount of money the government takes in (which, obviously, has a directly positive impact on the deficit Conrad is so busy moaning about).
North Dakotans love Kent Conrad because he brings the pork money home from Congress to our state. Currently North Dakota receives something like $2+ for every $1 we spend in taxes. Now assuming that the amount of pork brought home by a legislator is a good way of measuring that politician's job performance (that's not a theory I subscribe to, but that's a discussion for another post), couldn't we say that Conrad could still bring home the pork without having to tax the hell out of is in return?
Maybe North Dakotans should elect a Congressman who understands that, when possible, money is best left in the hands of the American people rather than in the hands of greed Washington bureaucrats.
(via Flickertail Journal)
Bloomberg - Democrats are united against the budget-cutting plan, saying Republicans are cutting much-needed social programs to pay for tax cuts for the wealthy. Some Republicans, such as Senator Mike DeWine of Ohio, have said they have concerns about some of the spending cuts and a provision to raise money by allowing oil drilling in an Alaska wildlife refuge.
``I have never felt that a budget going through the Congress of the United States is more disconnected from reality than this budget,'' said Senator Kent Conrad, a Democrat from North Dakota.
Conrad said a Republican proposal for $70 billion in tax cuts that is also part of the budget plan will increase the deficit, even with the spending cuts.
``There is no deficit reduction going on here,'' he said.
Apparently Conrad's solution to budget deficits is continued high tax rates. His philosophy is based on the idea that the more taxes our government applies to the citizens the more money it brings in. And that's true, to a point, but right now the tax burden being carried by most Americans has reached a point of diminishing returns. Keeping the tax rates at these high levels depresses the economy, which leads to lower tax receipts for the federal government.
When tax rates are as high as they are right now now tax cuts have historically increased federal tax receipt, not decreased them. Bush's tax cuts from his first term have had an extremely positive impact on both our economy and on the amount of money the government takes in (which, obviously, has a directly positive impact on the deficit Conrad is so busy moaning about).
North Dakotans love Kent Conrad because he brings the pork money home from Congress to our state. Currently North Dakota receives something like $2+ for every $1 we spend in taxes. Now assuming that the amount of pork brought home by a legislator is a good way of measuring that politician's job performance (that's not a theory I subscribe to, but that's a discussion for another post), couldn't we say that Conrad could still bring home the pork without having to tax the hell out of is in return?
Maybe North Dakotans should elect a Congressman who understands that, when possible, money is best left in the hands of the American people rather than in the hands of greed Washington bureaucrats.
(via Flickertail Journal)












