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EDITORIAL: More terrible tax policy from Obama


Draggingtree

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February 5, 2015 - 12:01am

 

EDITORIAL: More terrible tax policy from Obama

Posted February 5, 2015 - 12:01am

 

LAS VEGAS REVIEW-JOURNAL


 

When President Barack Obama starts talking about “loopholes,” it means he wants more spending money at the expense of economic growth.

 

There is no such thing as a “loophole” in the Byzantine, behemoth Internal Revenue Service code. Federal taxes function exactly as intended. They are crafted to punish political enemies and reward selected constituencies. They are written to encourage and discourage certain behaviors, and to redistribute wealth. And when people aren’t required to pay federal taxes on certain transactions or assets, they aren’t using secret accounting tricks — they’re following the law.

 

Since his inauguration in 2009, the president has pushed a class warfare agenda championing ever-higher taxes on those he perceives as “the rich” Scissors-32x32.png


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Cyber_Liberty

People who vote for Dems like this sort of crap. They think tearing down others benefits them somehow. It's a sickness of the soul, called "Envy."

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