House of Representatives

-By Frank Salvato

Throughout the debate over the extension of the tax rates, aka the Bush tax cuts, we have witnessed a concerted effort by Democrats and Progressives to demonize the wealthy. This demonization has crossed over into the on-going argument over the Estate Tax, aka the Death Tax. At every turn we are made to feel that the wealthy have no right to “monopolize” all of their riches when government could use a goodly portion of that wealth to “help” the down-trodden, the disenfranchised and the less fortunate. Truth be told, the government can’t do anything equal to what the wealthy in the private sector do to “help” those individuals.

Before we get into the issue of the rich and their wealth, let’s dispense with the myth that government can create jobs. Oh sure, the government can create employment through expanding the reach of government; by expanding government as an entity, but those jobs require an increase in taxation on the rank-and-file citizenry in order to cover the paychecks issued to those government workers. Government – aside from the blood-money interest produced by TARP and the ill-gotten gains of government through the hostile takeover of General Motors – cannot create wealth, ergo; it does not have the ability to amass wealth in order to expand; in order to create jobs. Simply put, when government creates a job, that employee is paid by the taxpayer, not the government; that employee is paid by the private sector.

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Those Damn Rich People”