Friday, December 24, 2010

Lower Taxes,Greater Growth

Census Shows Where Taxes Are Lower, Growth Is Greater
December 24, 2010 by Bob Livingston 
The U.S. Census is beginning to release some figures from the 2010 count and there are some tidbits of interest there.
One is the fact that seven of the nine states that do not have a state income tax grew faster than the national average, as noted by Michael Barone in washingtonexaminer.com. The other two, South Dakota and New Hampshire, had the fastest growth in their regions.
High tax, big government socialist types like to spout the nonsense that the tax structure does not influence business or residency decisions. But 35 percent of the nation’s total population growth — from 281,421,906 in 2000 to 308,745,538 in 2010 — occurred in those nine states. And Texas — the state with the greatest growth — has a diversified economy, is business-friendly and has low taxes.
President Barack Obama and members of Congress bemoan our nation’s dreary economic situation while contemplating increasing taxes and implementing burdensome legislation and standing idly by while government agencies impose oppressive regulation without the Constitutional authority to do so.
The quickest way to kick start the economy — and return to Constitutional governance — is to take an axe to government. I’m not talking about slowing the growth of government, which in legislative doublespeak is called a cut. I’m talking about taking draconian measures like eliminating unConstitutional agencies — the Departments of Education, Energy and Homeland Security, the Transportation Security Administration, the Food and Drug Administration and the Corporation for Public Broadcasting for starters — closing down military bases around the world, ending the perpetual wars and bringing all troops home, phasing out social welfare programs and eliminating funding for Leftist boondoggles like the National Endowment for the Arts.
After that, how about we close down the Federal Reserve, return to a gold standard and repeal the 16th Amendment — and end the income tax — and 17th Amendment while we’re at it?
Government types and socialists — is that redundant? — hear suggestions like this and wail. But slashing government and ending its ability to debase the currency would be a giant leap toward Constitutional governance.
Anything less is continued support of tyranny.

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