WE HAVE TO STOP PRETENDING DEMOCRATS DON’T UNDERSTAND THESE BASIC ECONOMIC MAXIMS
MAXIM 1: Taxes always discourage the economic activity they tax. Tax increases cause a subsequent economic decline in activity, jobs and prosperity.
MAXIM 2: Subsidies always encourage the activity they subsidize. And they require tax increases to pay for subsidies.
So we must ask ourselves: why do we tax Prosperity and subsidize Poverty…unless, of course, we want less prosperity and more poverty?
Therein lies the basis of Democrat policy. More taxes and more subsidies, creating less prosperity and more poverty…until businesses close, jobs are lost, unemployment rises, and everyone is equally poor. Game over, elites and oligarchs win!
Working taxpayers in an increasing taxation and subsidy-driven political system become milking cows for the vote-bribing elite to effectuate their plan to subsidize and bribe their voter base with tax money harvested from their opposition. Taxpayers then become the kindling for bonfires of the Democrat vanities. The Liberty Tree will be the last log on the fire.
FUN FACTS: The two largest taxpayers money Connecticut left the state in 2017 due to onerous tax rates. New York has now lost $3.2 billion in tax revenues due to taxpayer flight.
ATLAS IS SHRUGGING, BE AWARE!