ARCHIVE - SEPTEMBER 2014
The Best of The Best
Who is America's
OF TAX REFORM - MIKE LEE AND MARCO RUBIO
2014/09/22 - Senators Marco Rubio (R-FL) and Mike Lee (R-UT) released a new tax reform proposal today. Generally we are very supportive of the kinds of ideas put forth by the likes of Messrs. Lee and Rubio (with one glaring exception), so we are pleased to see that they have made tax reform a priority for the upcoming 114th Congress. First, however, Americans must act decisively to dislodge Harry Reid as Senate Majority Leader and break Washington gridlock and get solid policy initiatives moving forward.
As we review the outline there is one area where we have concerns that the Rubio-Lee plan goes too far, and one area where we are disappointed that it does not go far enough.
First, where it doesn't go far enough: Lee and Rubio propose reducing our highest-in-the-world 35% corporate tax rate, but we ask, why not eliminate corporate taxes altogether?
Businesses create national income, consumer value, and jobs for workers. Corporate resources are a pool of wealth / value / job creation capital; when governments confiscate this capital, they curtail the creation of incomes, jobs, vale and wealth.
All income should be taxed, at the same rate structure regardless of its source or nature (wages, dividends, interest, capital gains), in the hands of individuals as it is removed from these pools of income.
The elimination should be executed over an extended period, perhaps a ten-year phase out reducing the rate by 3.5% per year until the rate is zero, at which point the applicable provisions would sunset. The tax must be phased out over an extended period, otherwise the rapid increase in economic activity, jobs, and income could create some excessive strains on various markets - commodities, housing, etc.
Second, where perhaps it goes too far: the child tax credit. Effectively, paying people to have babies. If you fret about government involvement in people's personal lives, isn't this ground zero?
There are many people who ought not to have children but do, and government assistance in various forms is one of the contributing motivators. It's not the lone factor, it may not even be the pivotal factor, but it's in the mix.
This is one of the saddest paradoxes in our society: how do we help children living in poverty, without motivating impoverished adults to have even more impoverished children.
Liberals will never admit that their policies are the cause of the problem rather than the solution. You can expect vitriol and demagoguery when you oppose these socialists and their disastrous ideas, the problem of a posterity of poverty perpetuated by progressives.
The best way to help people, of both middle and lower incomes, is to provide opportunities. Help them out of poverty rather than help them survive poverty. We need to focus on policies that create opportunities, like eliminating business income tax. And then let people make their own choices without tilting the playing field one way or the other. We need to obey the law of supply and demand.
We applaud the efforts of Lee and Rubio. We will wait and see what their finished product looks like.
OF RAY RICE, AND HIS SENSELESS CRITICS
2014/09/10 - The attack by Ray Rice was horrific and senseless. The attacks on Ray Rice are also senseless. Horrific, no; but senseless, yes.
For those of you who don’t know, Ray Rice is a professional football player. A good player, in a marquee position, who regularly influences the outcomes of his games. Even casual fans would have heard of him. Then, this spring, Rice slugged his fiancée (now his wife), Janay Palmer, in an elevator, knocked her out, and dragged her limp body into the hall. Recently released video has appalled anyone who has seen it.
Naturally there is a firestorm of controversy. Various parties have vilified Rice for his actions, as well as the National Football League and its commissioner Roger Goodell for slow and soft discipline. Included in this vicious vigilante is National Organization for Women President Terry O’Neil, who said “The NFL has lost its way. It doesn't have a Ray Rice problem; it has a violence against women problem”.
It may make people like O’Neill feel better to unleash vitriol at various targets but what does that low-grade bloodlust solve? Some call for a lifetime suspension for Rice, but, why? If they take away Mr. Rice’s livelihood, they also take away Mrs. Rice’s means of support. That would – deservedly perhaps – ruin his life, but it would also ruin hers. Mrs. Rice would now be twice the victim. And the Rice family and their posterity would be assigned to poverty in perpetuity. Can’t we do better?
Of course O’Neill is wrong. This is not a Ray Rice problem, nor a Roger Goodell problem, nor an NFL problem. It is a societal problem. O’Neill of all people should understand that, instead of trolling the NFL for some cheap headlines.
The NFL has hundreds of twenty-somethings dumped on its doorstep every year. Most are fine gentlemen, but, alas, some are troubled souls. Seems obvious now that Ray Rice is one of them. These problem people were not created by the NFL. They were created by breakdowns in our society. That is most certainly not the NFL’s fault.
Focusing energy on trying to get the NFL “to clean up its act” is entirely misguided. Even if it was the NFL’s fault and the NFL did “clean up its act” – a weak premise at best - not only would that not even be a drop in the bucket to eliminate violence against women, it would probably be counter-productive, because it would reduce the crime’s visibility and a make resolution of the broader problem less likely.
Far too much is being made of this lone episode, and far too little of the 6,000 other domestic violence attacks that occur in America each day. O’Neill should be ashamed for focusing on Goodell and demanding his dismissal. Is that the most wise and judicious way to leverage this situation? Similarly, we see no constructive benefit to gratuitously piling on Ray Rice. Yes, what he did was mean, but the cheap shots people are taking at him are a waste. But instead of seeking to influence positive change in the midst of these deplorable circumstances, we can thank NOW for going ugly.
At Chalprem we always prefer to be proactive rather than reactive. We prefer to deal with the disease rather than symptoms. What should be done with Ray Rice? Try this for a template for this and future instances:
Domestic violence is one of the main causes of societal breakdown. The NFL was not looking for this problem, but this problem found the NFL. It is not the NFL’s fault, but it has become the NFL’s problem. So now we ask, will the NFL man up and join the effort to overcome domestic violence?
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