Look At It This Way (#LAITW)

History

Rates vs Revenue (Yes, It Matters)

by on Mar.31, 2016, under Consequences, Do the Math, History, Truisms

The RATE is the percentage at which each of us is taxed. For example, 15% of your income is what you might pay in taxes (depending on your bracket). The REVENUE is the total amount of dollars collected by the government from all the tax payers.

It’s a cold, hard fact. When you raise government tax RATES, tax REVENUE goes down. Conversely, when you lower government tax RATES, the REVENUE goes up. Higher tax RATES impede the economy. Lower tax RATES energize the economy. And when the economy is doing well, more people are paying more taxes and it adds up to more REVENUE to the government.

So, if you want the government to be able to hand out more free stuff, you should go with the candidates who propose lowering tax RATES.

Did you know that Bernie is proposing to raise EVERYONE’s tax rate? We will definitely feel the bern.

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Capitalism

by on Feb.09, 2016, under Do the Math, History, Truisms

“Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.”

Walter E. Williams

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“Afraid of Women and Children”

by on Dec.11, 2015, under History

Trump suggests we stop allowing Muslim immigrants for a while to give us time to sort things out. And the left/media go nuts. People have no notion of laws in place and history (you all might review 1952, and the 40-year period after the world war.

You mean fear women and children like the mother of an infant that took out 14 people in San Bernardino? Yes.

Oh, and one last thing. Did you know you Obama blocked Christian refugees from entering the country? I see.

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