18 Apr 2011 Project 21’s Kevin Martin: Tax Policy Punishes Nation’s Producers
As many Americans scurry around at the last minute, to get their tax returns in order and in the mail to Uncle Sam, Project 21 member Kevin Martin offers something to think about regarding the way our taxes are collected and spent:
As millions of Americans rush to meet the deadline for filing their income taxes, it should be remembered that there are elected officials within the federal government who believe it is their job to redistribute our nation’s wealth. After countless hard-earned taxpayer dollars were wasted on a host of failed economic programs and pork projects, for example, President Obama still has the audacity to come back and demand our nation’s producers pay even more in taxes to feed the beast that is the federal government. He does this rather than get truly into the spirit of cutting reckless spending and rooting out waste, fraud and abuse within our government.
While President Obama and his allies want the middle-class and especially those they consider to be wealthy to dig ever deeper to subsidize the Obama agenda, they appear adamant that the government should not share in the same sacrifice. Even though it would seem that the President’s big-spending policies of the past two years did nothing but extend America’s Great Recession, they want hard-working Americans to pay more. Even though this agenda exploded the federal deficit to the point it now necessitates that Congress consider raising the debt ceiling to borrow perhaps trillions more — something Obama was opposed to as senator — liberals seem absolutely unwilling to embrace a policy of austerity.
In calling for higher taxes and not bringing fairness to the tax code, President Obama is doing little more than punishing the nation’s producers for their success.