http://news.yahoo.com/blogs/lookout/gingrich-end-fed-focus-jobs-focus-only-inflation-141508938.html
I could'nt help but NOTICE that in gingriNch's "plan" that TYCOONS like Warren Buffet would receive a Big TAX Windfall. But wait a second, Warren Buffet/Bill Gates said words like "to be fair, we should pay a bit More Taxes !
WTF is it, with the "Capitalism-AT-ANY-COST" !!! - Republican Party ?
Seriously, are they THAT-BRAIN-DEAD ???
Here's a thought.
NO ONE should pay a higher percentage of their income to support the functions of Government as defined by the COTUS than any other citizen.
If Warren Buffet is soooo concerned with "His Fair Share" then he should lobby Congress and the POTUS to have a tax systems that applies equally for all. If he pays LESS money to the Federal Gooberment he has more money available with which to do thing on his own. Like oh say create an endowment for the Warren Buffet School of Business at the University of Nebraska?
The Bill & Melinda Gates Foundation is a classic example of why Mr Gates shouldn't be taxed at a higher rate then the guy at McDonald's.
Do you think Carnegie-Mellon, Lehigh and a host of other schools were created by the Federal Government's confiscation of Andrew Carnegies and others wealth? NO, these wealthy men did what they did out of a sense of moral obligation to give back to the society that enriched them, all WITHOUT the Gooberment. Also take note that most of these men made and built their fortunes prior to the creation of the Federal Reserve.
Government does not create wealth. It confiscates it and redistributes it based on political considerations. This is also known as Crony Capitalism and will ultimately ruin the nation. If the Government sits upon a pile of money confiscated from those who produce and then redistributes this ill gotten loot as corporate welfare it should come as no surprise that we have situations like Solyndra, Ethanol Subsidies, etc etc. It should also come as no surprise that Pelosi, Beohner and most of the rest of Congress have enriched themselves at the Tax Payer expense.
The only sure fire effective way for the citizens to get the most "Bang for the Buck" is to prevent as many bucks as possible from getting into the hands of the Bureaucracy. If I have a 3.8 Trillion budget and I cut it to 2.2 Trillion. I have 1.6 Trillion fewer opportunities for Crony Capitalism to occur.
Government is almost never the answer, however it is most times the cause of our woes.