George Phillies for President 2008

 

 

The Vacuum Cleaners — a Lesson on Taxes

Worcester, Mass., April 15:  A short comment on vacuum cleaners and taxes from

Libertarian Presidential candidate George Phillies:

«I still have the brush-type vacuum cleaner my mother gave me 40 years ago.  It’s had

several replacement parts, but it runs well.  I also have an all-vacuum hose cleaner,

not to mention my little floor brushing robot.  They run in very different ways, but they

have one thing in common: They’re all vacuum cleaners.  They all transfer dust from

the floor to a holder.

«Your federal taxes are a lot like my vacuum cleaners.  They run on very different

principles, but they all do the same thing: They transfer money from your wallet to

the Treasury.  The fine details may differ, but in the end every tax leaves you with less

money in your wallet.

«We’ve all heard vacuum spin artists who want to sell you new and different vacuum

cleaners.  Their spiritual relatives, the tax spin artists, want to sell you new and

different taxes.  None of the tax spinners talk about the worst tax of all.  That’s the

grandchild tax, under which we spend the money, and our grandchildren get to pay

our bills.

«It’s always easier to make new taxes sound simpler than old taxes.  After all,

lobbyists and irate taxpayers concentrate their interests on adjusting real taxes, not

on inserting special rules into taxes that don’t exist.  But once a real tax has been

legislated, you can be certain that lobbyists will be hard at work persuading

Congress to adjust the rules to benefit beekeepers or computer programmers or

accountants–and I’m only listing professions of a few friends.

«The spin artists won’t tell you one thing:  Change for the sake of change hurts large

numbers of fellow Americans.  If we eliminate capital loss deductions, Americans

who liquidated stock holdings– holdings they might otherwise have kept without our

tax laws — will be forced to eat their losses. If we change the income tax into a value

added tax, every American who put after-tax money into a Roth IRA will now have

their money taxed again, to their great personal loss.

«The tax reform that will actually help most Americans is the reform in how taxes are

spent.  When Uncle Sam spends less money, and therefore stops borrowing money

to bloat the national debt, every American will benefit.

 

 

To support the George Phillies campaign, please visit http://ChooseGeorge.org/donation today.

To arrange an interview or obtain a short quote from the candidate, contact:

Carolyn Marbry, Press Director                                                                                 

pressdirector@phillies2008.org

(510) 276-3216

George Phillies for President 2008                                                

  http://ChooseGeorge.org