LIAR LIAR PANTS ON FIRE!!!!

Shaking….freezing --- on my way home after being rescued at sea by a Coast Guard Cutter.  I tried to knock “The Donald” or whoever it was into the ocean but….. let's just say that the swelling should go down in a few days! We fought the whole time about the economy and his explanation haunts me. Here's how it went.

 Me- If  Romney is elected his plan is to give a 20% tax cut across the board which will cost 5 trillion dollars!!...and he wants to increase defense spending by 2 trillion dollars.... I'm even more confused now!!....how is Romney going to pay for this?.....please help me my head is about to explode!!..... I don't get the GOP math!!!..... .help!!!

Donald- Since I have nothing better to do, I'll try to get through to you. You say that the tax cut will cost $5 trillion--- but you base that on money returned to the people against the money that is collected from taxes. But the amount of money collected from taxes always changes. You say you own a Seeing Eye Chipmunk Company…. I didn't mean to laugh so hard that I actually peed my pants-- just haven’t heard anything so ridiculous in my entire life. You say you haven't made even a single sale yet-- besides the fact that it's a ludicrous product, even if people wanted it, there's just no disposable income to purchase these items right now.  

Remember, if we confiscated every single dollar from people in this country who make over $1 million a year….. we could run the government for approximately 7 days. So the notion that if we raise taxes on wealthy people who pay most of the taxes anyway that we'd be able to reduce the deficit is not only a drop in the bucket…… it's a molecule in the bucket.

If people had significantly more money in their pocket so they wouldn't have to be so worried about putting food on the table, then you might have demand for your product. Say you have currently 2 chipmunks working for you….what would you do if you had more demand? That's right, you would hire more chipmunks--- say you hire 3 more……well, you've just created 3 jobs that pay taxes that previously didn't exist!  

Under Obama's strategy if you own a small business, you would be paying more in taxes and also have to comply with tons of new regulations. We see miniscule growth in the economy which means most people don't have much disposable income… reducing demand for products--- thereby slowing down hiring. As a business owner you still have to pay wages, healthcare, supplies and other items. So what do you do when there is little demand for your product----Yep, you would probably let one out of your 2 chipmunks go….reducing the amount of taxpaying jobs. That has happened all over the United States in the business sector.

So it's pretty logical at that point….. what would you rather do and what would create the most tax revenue  to the government? Is it better to have more money in your pocket and have the ability to expand your business and create taxpaying jobs that previously didn't exist…… or does the government get more money by increasing taxes and having businesses react by cutting jobs--- reducing the number of taxpayers and then virtually eliminating demand for products which also reduces the amount of sales tax the government takes in?

And I'm not even talking about increased demand = hiring more people as a business owner, creating more wealth for yourself which puts you in a higher income bracket and you pay more taxes…... If it's worth your while I'm sure you gladly would do so. You don't get that by increasing taxes!

Now say one of your chipmunks has always dreamed about opening up a nut store or whatever. If he sees people with more disposable income and he has more money in his pocket…..he might take the leap and open up his own business….viola--- new taxpayer! Say he has to hire 3 other Chipmunks to help with the store….. that's 3 new taxpayers!

I know you say Obama gave the middle-class and small business owners a tax cut…. that tiny amount of money allowed you to do what….. buy 5 gallons of gas?  And the stimulus? The government didn't give money out to all businesses--- they picked and chose who would receive the money such as Wall Street banks which shored up their bottom line as well as the green energy industry which has a 16% success rate!

Do you think it's just a coincidence that tax revenues to the federal government have fallen every single year that Obama has been in office? It's funny because it's always reported as –“ unexpectedly”.  Do you also think it's a coincidence that the 2 times in the last 50 years that we’ve had a really bad economy were both under liberal administrations (Carter’s and Obama’s) that had higher taxes and so much more business regulations that as a business owner, you would have to fill out 8 federal forms and give 3 pints of blood just to be allowed to go to the bathroom and wipe yourself!!!

What did Ronald Reagan do after Jimmy Carter? First, he didn't sit and whine for 3 years and say that everything bad was Carter's fault. Second, he gave the largest tax cuts in our country’s history at that time. Now he had a Democrat Senate and Congress so he had to agree to drastically increase government spending to get the tax cuts through….. But with more money in people's pockets, the economy EXPLODED! More small businesses were created in that time than at any time previously--- people took chances to try to better their lives--- big companies were fighting over college graduates….. AND THE FEDERAL GOVERNMENT TOOK MORE MONEY IN FROM TAXES THAN EVER BEFORE!!!

Yes—yes, I know that Bill Clinton had a pretty good economy in his 2nd term as well.  How did that happen…….William Jefferson Clinton cut government spending, reformed welfare AND ALSO CUT TAXES!!!!  By today's standards--- all you liberals would be calling him a right wing nut job!

So by significantly cutting taxes--- government actually takes in MORE MONEY from a growing economy because there are MORE taxpayers and income levels go up. That's why your math supposedly doesn't work. Obama's strategy to raise taxes will cause businesses to shed jobs, reduce taxpayers and therefore shrink the amount of money the government takes in. In addition, people who made good money the year previously will say, “Geez, why should I try making more money or risk any investments and/or hiring where practically 90% of every dollar will go to the federal government!”  That will reduce tax money the government takes in EVEN MORE!

I had the perfect response to his incessant dribble…… LIAR LIAR PANTS ON FIRE!!!

But as I sit here shivering, I can't help but think…. HE ACTUALLY MAKES SENSE---HELP ME!!!!