tag:blogger.com,1999:blog-3776665703590564248.post7453057507849895666..comments2024-03-27T01:57:19.605-04:00Comments on Return To Excellence: Escape From New Jersey - But To Where?ReturnToExcellence.nethttp://www.blogger.com/profile/18149859814999976879noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3776665703590564248.post-17508560661748481172015-03-17T08:20:24.101-04:002015-03-17T08:20:24.101-04:00The Tax Foundation - Scott Hodge projection of ext...The Tax Foundation - Scott Hodge projection of extra taxes required to equalize income in the US, along with many politicians arguing that top earners do not pay enough taxes, discourages our bright young adults. Left unchecked, this scenario leads to less entrepreneurial activity and lower economic growth for all. A significant warning today is that more companies are failing or exiting versus new ones starting up. A solution therefore is for prominent politicians, businessmen, entrepreneurs to educate the public of the benefits of free market capitalism and debate the Left relentlessly on this. We need to get this debate out mainstream. No Leftist can win a debate with a well informed, determined champion of free market capitalism. <br /><br />Finally, all who love this country and it's traditions should take initiatives in their daily conversations to make the case for limited government and free markets. I am amazed that so many well educated people I have come across have very little understanding of economics and government policies that impact economic growth. Patiently and kindly engage such people in this debate.Economics501https://www.blogger.com/profile/12001939903780698510noreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-21082850975489894052015-03-16T19:42:16.782-04:002015-03-16T19:42:16.782-04:00Doug - They've destroyed the economy so badly ...Doug - They've destroyed the economy so badly so that even if you don't want to go on the dole, you can't possibly do ANYTHING to earn $ independently.<br /><br />It all started with the income tax 100 years ago - and then they doubled down when they decided people couldn't write a check at the end of the year, but rather had to have their wages garnished and then beg for their own money back every April 15. The only option is to have them withhold less, then gamble that you have enough $$$ in April to cut them a check if you end up "owing" taxes.<br /><br />The only way to put an end to this is to do what our founders did _ BUT NO ONE IN THIS COUNTRY HAS THE STOMACH FOR IT. Our founders REFUSED the tax collectors and sent them packing.<br /><br />Voting doesn't work - it's completely rigged. The only thing these politicians will understand is CUT OFF THEIR ALLOWANCE - but no one, no one will refuse to pay taxes. It's too "unpleasant"<br /><br />We all know the problems. but no one will do anything about it. I've talked myself hoarse to people who agree and disagree with me. The people agree don't do anything more, and the disagree-rs, short of a blow to the head, won't get a clue. And even when they do, they won't do anything effective. Just complain as much as the people who do have a clue. Talk is cheap. nothing short of action or a miracle will save this country.<br /><br />Good luck and God bless.<br />NBnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-53154559864378189582015-03-16T19:38:43.820-04:002015-03-16T19:38:43.820-04:00Doug
I sent this to all my RTE gang, as usual.
I...Doug<br />I sent this to all my RTE gang, as usual. <br />I had this hit my email box today. Thought you would find it interesting. <br />If you can't do it in Texas, there isn't any place left. <br />http://dailysignal.com/2015/03/15/in-texas-state-leaders-attack-local-governments-for-going-big-on-regulations/?utm_source=heritagefoundation&utm_medium=email&utm_campaign=morningbell&mkt_tok=3RkMMJWWfF9wsRoivK7NZKXonjHpfsX56OgpUaS3lMI%2F0ER3fOvrPUfGjI4HSsJkI%2BSLDwEYGJlv6SgFQrLBMa1ozrgOWxU%3D<br />SC Businessmannoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-27282554815059110802015-03-14T19:15:54.186-04:002015-03-14T19:15:54.186-04:00Thanks for the update.
Thanks for the update.<br />JORnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-64921684009106858442015-03-14T00:53:06.250-04:002015-03-14T00:53:06.250-04:00The referenced Susan Lee column says that "if...The referenced Susan Lee column says that "if benefits were indexed to prices. . .Social Security would, @ this very minute, be in balance over the long-term - the system would be permanently solvent. Not only would future revenues equal future costs, but there would be a surplus." The column appeared in the WSJ on November 23, 2004.RTEnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-76278607898501496222015-03-13T22:20:38.287-04:002015-03-13T22:20:38.287-04:00Hi Doug - Good article. I hasten to add another pr...Hi Doug - Good article. I hasten to add another problem with NJ is that we are dead last in rate of return of the taxes New Jerseyans send to Washington. In other words we are subsidizing 49 other states.<br /><br />The solution is not for us to pay more but for the other states to stop living off of us. Under the current tax code, a code based on income that is not going to happen.<br /><br />My other observation is based on one of the "Four Points" at the end of the article. Changing the way Social Security is calculated will not make it solvent. A Ponzi Scheme is a Ponzi Scheme and all politicians in DC, including Paul Ryan don't have the guts to do what it takes to turn SS into a truly self sustaining program.<br /><br />I agree with your assessment of Ryan's Plan, calling it "timid". I listened to his book on audio and it was more of the same"conservative principles" gobbledygook.<br /><br />They all talk a good game about standing "on a principled stand based on their conservative" values but they can't surrender quick enough when the pressure is on. Just look at Ryan's voting record on the federal budget.<br /><br />Regards and Hi to Carol.<br />DCnoreply@blogger.com