16 February 2009

Tax Credits

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One of my biggest problems with the economic "stimulus" bill before the Congress is the term tax credit. I have long been a proponent of the Jeffersonian argument that it is not right to take from the hand of labor and give to him who has not earned it.


Many people will, according to the bill recently addressed in a Boston Globe article, receive money from the treasury who didn't pay anything into it. When you don't have much invested into something, you don't have much to lose if the idea doesn't work out, but the sad fact of the matter is that so many people operate under the mistaken notion that they have nothing vested into the system even as they suck the marrow out of their future life.


While many of you and indeed some 95% of Americans do not consider themselves or aren't considered to be rich, I venture to say that most of you would like some day so to be. As you continue to heap onto those who currently are "rich" a series of abuses and usurpations pursuing the same object, you forstall your own entrance into the throngs of people with whom you one day hope to be identified, and you indemnify yourself in perpetuity an obligation thereunto to be obligated to pay for that which you once legally plundered if and when you arrive at that juncture yourself.


If I wish in and of myself to bequeath of my excess and bounty upon others, that is my right. It is not however my right to either assume a right to something simply as a matter of whim or fancy nor to require that some government agent so do on my behalf. Governments came after society, and as such they remain subject unto us. Governments only have the rights we give them, and it never has been a right to take something that is not originally ours. Our own Bill of Rights speaks of fair compensation, whatever that means, but the very asinine claim that trading it for your life, which was already yours by right before government, does not fly with me.


Notice how so many of the do-gooders want to be generous with your money and not their own. I remember during the campaign noting that Senators Biden and Obama had, in all their public service, donated less to charity than I do in a single year, the great disparity in our incomes notwithstanding. The government likes to sound charitable because it will make them popular, and so they dole out money to every demographic except the rich, so as to buy up as many votes as possible.


For my own part, I demand the Daschle Deduction. He knew full well that he could do more for himself and his family with his own money than the government ever could/would. So, he abstained from payment of taxes until Obama nominated him to a cabinet post. General Eisenhower linked the faith and future of America in this observation: “There is nothing wrong with America that the faith, the love of freedom, intelligence, and energy of her citizens cannot cure.” Let us alone, and we will feed the hungry, visit the sick, free the captive and right any other injustice which lies in our power.

Government needs to let us alone. We cannot be free or lastingly happy so long as they control our life, liberty and property. This small-town mentality that government knows best has virtually vouchsafed the eventual bankruptcy, not only of the specie circular, but also of the nation's soul. The proper function of government is safety and the vouchsafing of those liberties guaranteed from our creator. Anything further is tyranny.


1 comment:

Bri said...

Lately I feel as if the government is finding ways to justify passing bills that allow it to control more and more aspects of my daily life, starting with trying to control our commerce system. Now, I'm not an informed individual, but stuff like salary caps and free money sound like a good way to curb the progress of capitalism.