Wednesday, January 14, 2009

Are you kidding me?

So apparently the first bail-out wasn't good enough. Now the banks want even more money. Yeah, this makes lots of sense, because the first one worked SO well.

Remember, Albert Einstein's definition of insanity "is doing the same thing over and over and expecting different results." Maybe it's time to do something different, like stopping the bailout madness and helping the little guys, the individual taxpayers. They could do this by lowering taxes for the middle class (those of us that actually make money and pay taxes) and small businesses, not giving rebate checks to "95% of Americans". In addition, they could refrain from raising the capital gains taxes. After all, tax revenue actually goes UP when you keep the capital gains tax low. Isn't the point of having a tax to actually bring in more revenue? Taxation should have nothing to do with "fairness." If we wanted everything to be fair, we'd have a flat tax.

Now, should we do something that actually brings in more revenue, and push for less government spending, or should we increase taxes and raise government spending? I know which one I'd vote for.

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