By enacting the largest tax cut since the Reagan administration, the heart of which is cutting the corporate rate from 35 to 21 percent, Republicans have boldly bet the farm. They have rewritten America’s tax code to reflect their belief that cutting taxes on the private sector will produce the prosperity they have promised. If it happens, the GOP will reap the rewards, if not by 2018, then in 2020.Share
Democrats, as the Party of Government, egalitarian and neo-socialist, have come to see their role as redistributing wealth from those who have too much — to those who have too little. For, as men (and women) are born unequal in ambition, ability, talent, energy, personality and drive, free markets must inevitably produce an inequality of results.
The mission of Democrats is to reduce those inequalities. And as the very rich are also the very few, in a one-man, one-vote democracy the Democratic Party will always have a following. Winston Churchill called this the philosophy of failure and the gospel of envy. (Read more.)
The Mystical Doctor
1 week ago
1 comment:
I personally know a handful of entrepreneurs who over the years have complained at the high tax rate levied against businesses in this country. So it is 'high time' relief was extended in this area.
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