"There is nobody in this country who got rich on his own. Nobody. You built a factory out there — good for you! But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn't have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did. Now look, you built a factory and it turned into something terrific, or a great idea — God bless. Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along." Elizabeth Warren Quote
The rest of us paid for?! The rest of us includes the job creators and the very people that start businesses and build factories, this includes the mom and pop businesses who are doing their best to play by the rules. They all paid taxes as well! Their work never ends, long hours into the night, worrying how they will pay for payroll. If they are successful, they deserve to be held up as examples for us all. The more they are successful, the more jobs they create, the more they are able to raise the wages of their employees. In turn, this all creates more tax revenue. It is a disgrace that a U.S. Senator is using this flawed argument to stir up class envy, to stir up people against one another. A disgrace she is using this as justification for the central planners to come and confiscate more and more from the job creators, thus killing more and more jobs, resulting in less tax revenue. Don’t kill the goose that lays the golden egg! Sorry, this is just nonsense.
Now if she were talking about charity that would be great. I happen to know she is not. Money helps more when given to charity then punitive taxes to government. They are poor stewards of the people’s money after all, with all the waste, fraud, corruption, debt and economic ignorance. And we are supposed to thank the small-minded politician for letting us keep some of our hard earned money?
Government cannot replace charity. The more government takes, the slower the economy gets, the less money people are able to donate to charity, with less tax revenue generated. The more money the people have, the more the economy grows, the more money people are able to donate to charity, with more tax revenue to government.
"Would that an overbearing tax burden was our only misfortune. Underneath what on the surface may seem like sarcasm is dismay and genuine sadness for those who are about to lose the opportunities they once had to become the tax overburdened elect. Indeed, the reality that those already struggling for the advancement of their employees be overtaxed to the point where they and their employees lose that opportunity as well." Kristokoff circa 2012
In response to this quote from Senator Warren that I saw on Facebook the other day.
If you wish to stay here, be accepted and respected, you should accept our gift of freedom, not destroy it. Don't break our laws and make demands that undermine our laws and destroy our constitution, the very thing that would guarantee your freedom if you would but accept it. Why should we let you stay here, let alone become a citizen, if you demand an end to what makes us all free? To become a citizen, you must accept what makes us free and thus accept what will make you free; our constitution, our democratic republic and our free market system. These things combined with learning our language will bring the most prosperity to you, your families and ours. Why not also take our economic freedom, our democratic republic form of government, our constitution and our freedom and fight for them in your respective countries? When we get a new administration and clean up the corruption in our government we will be glad to help our friends to the south fight for their freedom.
The magnets for illegal immigration must end. Sanctuary cities, Obama's executive amnesty, breaking our immigration laws, free tuition, open borders, everything that is causing the illegal flood of people must end. It is hurting too many people. They are being murdered, raped, sold into sex slavery, extorted, and used as drug mules all because of this illegal activity.
We can choose to bring in more people legally. We can choose to have a robust guest worker program. But we must put citizens first in order to help those who wish to come here legally become prosperous and contributing members of our society.
So insulting…that a president would demean success…the very people that pay taxes to keep his corrupt, government waste machine running. The government would not exist without them. Government services would not exist without taxpayers. Infrastructure would not exist without taxpayers. Taxpayers pay for and build infrastructure. A lot of it contracted out to private sector business.
Obviously we all have help, we are all in this together, but he has no idea how much work and long hours it can take to develop an idea, and start and build a business. Many dreamers fail a few times before they succeed. Others work a full time job and then work after hours to plan and build their idea. Once you have your business running it often takes long hours, including weekends, to keep it going. Often there are no vacations for you or your family. Sometimes after a small business has several employees, the owner may make less and be paid last. If there is not enough for payroll that week, they may have to put their paycheck aside until there is enough in the bank to cover it. It can be a real struggle to build a successful business. These days it is often not worth it. In fact, because of Obama's economic policies, more small businesses are going out of business than are being created. There will never be a recovery as long as this continues. Small businesses create the jobs that fuel a recovery and Obama's economic policies decimate small businesses.
Everyone who pays taxes is already paying for government services. They are also paying to fund the corrupt government waste machine. They pay for the good and the bad. They don’t owe anything more back to government. They’ve paid taxes and fees all their working lives. They will continue to pay taxes and fees until they die. Even after they die the government takes a sizable chunk of whatever they have. In 2013 the ‘death tax’ will jump to fifty percent. These days one has to overcome the hardships placed on them by government to become successful. Government has its hands out and takes at every level. Excessive regulations are hidden taxes, unnecessarily increasing the cost of doing business. Not only did the entrepreneur build their business, create jobs, wealth and prosperity for themselves and others, but they also pay for the roads, bridges, school teachers, fire fighters and everything else. This should be encouraged and celebrated not denigrated and punished.
Most people want to give back, so they fund charities and help in other ways including funding venture groups that help others start-up their businesses or venture capital firms that help failing businesses. It would be poor judgment, and a waste of your money to pay more to a government that would waste it. If you want to help others, give money or time to charity not government. Maybe start a charity or a foundation of your own. The free-market people of the United States of America spend their money a thousand times better and more efficiently than corrupt and incompetent politicians. Until they cut corruption, spending and balance the budget they don't deserve our money. Everyone must pay the least amount possible and whatever you do, never vote for a politician who would raise taxes on anyone. We must hold them accountable. One great benefit of cutting government spending and keeping taxes low is that the economy will actually grow and recover. This will drastically lower the number of people who 'need' government handouts. Why give your hard earned money to a government that not only hurts you and others but makes it more difficult for everyone to succeed?
Does Obama despise business, success, the American dream? This would explain why his policies are not helping you grow your business. In fact his policies are punishing individuals, entrepreneurs and businesses. Individuals, entrepreneurs and businesses are the job creators. They create the wealth that keeps America growing.
To all the young people out there just starting out, anyone out there toiling away, you may have an idea, a dream and you are ready to take the next step and turn it into a service, a business. Obama and this administration do not have your back! In fact, they are out there denigrating you, criticizing success. They are trying to make you a victim, held down, content to live off of whatever they think you deserve. Are they trying to make it a stigma to be a prosperous citizen, to turn the rest of America against you? Is it now heroic to be a victim, heroic to NOT be a contributing member of society? Is this the America we have become?
...the federal government did everything it could to prevent the Golden Gate from being built. ...the personal wealth of A.P. Giannini — came to the rescue. Must Read!
