George W. Bush - U.S. President (2001 - 2009) "It's important to let people have more of their own money."
Everyone once in awhile, I like to collect quotes on a certain topic and post them here. I know what you are thinking, it is a quick and easy way to knock out an article. It actually takes a lot longer than a typical blog because I get caught up in reading and go down rabbit holes and keep looking for better ones. I decided to take a look at what the Founding Fathers said about taxes and while doing this came across the quote at the top of the page from W. Now, what ever your thoughts on this president, he was considered somewhat conservative and did cut the tax rate.
My thought on this was that the idea that the the US government is letting you keep more of your money, as if it is doing you a favor. I just found it condescending that this is how Washington sees taxing the citizens of the US. That they decide how much money you are allowed to keep.
Like I said, I get down rabbit holes when I start reading quotes and came across an article that talked about how much it "cost" the US when Bush allowed us keep more of our money. So, while one side is bragging about letting you keep your money, the other side it is a bad thing because it cost money to let you keep it. The article starts by saying how much money that rich people saved while the poor didn't receive any of their money back. It is a pretty common idea that you can't take less of something from people who were not giving you anything to begin with. But, the real point of the article is that tax cuts cost citizens money because now the government has to borrow money to pay for things. Let's be clear, if you follow this line of logic and agree with it, we can still be friends, but we won't be starting a business together anytime soon.
Posted Using LeoFinance Beta
Love how they manage to act like it is a favour to not legally steal as much of your money.