Bloviating Zeppelin: Cutting Taxes Doesn't Work

Bloviating Zeppelin

(in-ep-toc'-ra-cy) - a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.

Thursday, March 12, 2009

Cutting Taxes Doesn't Work

Just ask China:

March 10 (Bloomberg) -- China vehicle sales surged 25 percent in February, the first gain in four months, after the government cut taxes on some models, helping the country extend its lead as the world’s largest auto market this year.

3 Comments:

MathewK said...: Cutting taxes leaves little money left over for all those social programs, you know.; Thu Mar 12, 07:53:00 PM PDT
A Jacksonian said...: China has to cut taxes... 30 to 60% of their GDP is on bad debt and they need *anything* to try and keep the bubble going... even cutting capital gains taxes. Of course getting the government out of the corrupt banking system would help far more, but then we are repeating that here and *no one* proposes getting the government out of mandating a certain percentage of loans go to those who can't afford them. It is all about the money.; Fri Mar 13, 10:03:00 AM PDT
Bloviating Zeppelin said...: Huh. Imagine that. Reality intrudes upon China.

BZ; Fri Mar 13, 07:33:00 PM PDT

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Bloviating Zeppelin

: Name: Bloviating Zeppelin; Location: Sierra Nevada Mountains, Fornicalia, United States

A former Democrat in my tender and ignorant youth, I am now a Conservative first and, these days, quite a distant Republican with a dash of Libertarian mixed in for good measure. I believe in God, the strength of America, the brilliance of our Founding Fathers, the valor of our military, and the need for Leadership in all forms and on every level. I am not an advocate of censorship as I believe everyone on the Far Left has a God-given right to be painfully stupid -- as I have a right to expose said stupidity. UPDATED NOTE: Recent legal references mandate that I make clear that these writings are ONLY my written OPINIONS and those of no one else. FAIR USE NOTICE - This web site may contain copyrighted material, which may not always have been specifically authorized by the copyright owner. Such images and excerpts are made available for the purpose of analysis and critique, as well as to advance understanding of social, political, media and cultural issues. We believe this constitutes 'fair use' as explained in Section 107 of the US Copyright Law. ADVERTISING: I do NOT, however, ask for nor display advertisements here.

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Thursday, March 12, 2009

Cutting Taxes Doesn't Work

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