-By Warner Todd Huston
One of the concepts of capitalism is that it is “creative destruction,” in that companies will rise and fall as the need for them ebb and flow and that as some fall new ones will rise and this will keep the economy humming along nicely. But government quashes this cycle with oppressive taxes and what better day than Tax Day to remind us all of how this president is doing a lot of destroying but NO creating.
So, as Americans waste $168 billion annually to try and satisfy the Internal Revenue Service, here are a few charts and a video from Heritage Foundation to show how bad it has gotten. Just a reminder on Tax Day…
Obama 2013 Tax Increase Twice as Large as Looming Sequestration.
13 Obama Tax Hikes on the Middle Class in 2013
Where Did Your Tax Dollar Go?
And now a word from the House Republican Conference…
____________
“The only end of writing is to enable the reader better to enjoy life, or better to endure it.”
–Samuel Johnson
Warner Todd Huston is a Chicago based freelance writer. He has been writing opinion editorials and social criticism since early 2001 and before that he wrote articles on U.S. history for several small American magazines. His political columns are featured on many websites such as Andrew Breitbart’s BigGovernment.com, BigHollywood.com, and BigJournalism.com, as well as RightWingNews.com, RightPundits.com, CanadaFreePress.com, StoptheACLU.com, AmericanDaily.com, among many, many others. Mr. Huston is also endlessly amused that one of his articles formed the basis of an article in Germany’s Der Spiegel Magazine in 2008.
For a full bio, please CLICK HERE.