
“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.” … “Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?” - Atlas Shrugged
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Thursday, September 22, 2011
Twenty Percent, Si. Twenty-Five Percent, No.
It is clear from the way President Barack Obama has been talking about the federal budget recently, and about taxation since he came to office, that all the money that Americans earn belongs to the federal government. The key words in this conversation are "tax expenditures." President Obama has lost a lot in tax expenditures and he wants more of those tax expenditures back. He can spend that money, he believes, more wisely than the citizenry -- that is to say, you and me.
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