Sunday, August 21, 2011

Atlas Shrugs

If you want to see a summation of the nation's current problems, you'd do worse to read Victor Davis Hanson's piece at Pajamas Media. For a nation built on the backs of entrepreneurs, our government seems strangely hostile to the people who crank the levers on the economic engine that is America's strength.
A couple of suggestions that tax brackets might need to be adjusted would slide off the backs of most business people. Perhaps we can even smile at Barack Obama’s new arbitrary $250,000 divide — above which those who make good money now pay 60% of the aggregate income taxes and are slurred with not paying “their fair share,” while 50% of American tax filers below pay no income taxes and are promised that they “won’t see one penny in new taxes.” That nearly every discussion on the debt ceiling was introduced by Obama with the euphemism “new sources of revenue” and “investments” was only a little alarming.

Yet once again, add up all the 31 months of tax-hike demagoguery. Those who hire finally got it into their collective heads that they were not merely not liked and to be overregulated, but to be further taxed as well — not in a conciliatory manner as contributing to the nation’s welfare, but in punitive fashion as if they were culpable for making profits in the first place.
You can't rebuild the American economy on the backs of American business. You've got to unshackle them, free them, and let them roar. Then, they'll hire workers, build new plants, make profits and rebuild America. If you demonize business, they'll hunker down and wait out the storm.

Maybe it is time for that Killer Rabbit, after all.

1 comment:

Old NFO said...

And I love how it's all the right's fault... sigh... What about the LEFT contributing some compromise for a change??? Like cutting some of these entitlements for those that pay NO taxes?