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    Taxes: A defining issue

    08/05/2010

    Indispensable for personal freedom is the liberty to contemplate, reason, communicate, exchange and work, and to possess the gains made by these endeavors.  George Mason codified the elements of freedom in theVirginia Declaration of Rights,

    That all Men are born equally free and independant, and have certain inherent natural Rights,…; among which are the Enjoyment of Life and Liberty, with the Means of acquiring and possessing Property, and pursueing and obtaining Happiness and Safety.  Virginia Declaration of Rights - 1776

      Taxes: A Defining IssueBarack Obama knows taxes define worldview. The GOP should offer voters an alternative.

    Daniel Henninger of the Wall Street Journal anticipates America surrendering our prevailing economic strength to the emerging Asia economies.  Henninger asserts America ’s tax policy to be decided in the next couple of years will determine America’s economic future.  Henninger is blunt:

    In another corner of the world, wealth is rising from the emerging economies of the east— China , India ,Korea and the rest—posing America 's greatest economic challenge in anyone's lifetime. Do the American people want to throw in the towel, or do they want to compete? If the latter, the public sector has to give way to the private sector.

    One or the other. It's time to choose.

    Absolutely correct.  Time to choose between personal freedom, or being a citizen controlled by the ruling elites.  Personal freedom involves choosing when and how to invest each person’s time, energy and money.  Indispensable is for the person to receive, reinvest or consume the fruits of their investments.

    Obama and many government elites believe philosopher kings can best command and control America .  Of course command and control totally failed in Russia and other command economies in the 20thCentury.  Worse, kings and their courtiers always need more tax revenue.  Terrible, every tax reduces a person’s power to invest their time, energy and money.

    President Obama has a mission to command and control health care, the environment, banks, education, theamount of money a person earns, the auto industry and much more. Henninger writes: 

    He (Obama) understands that taxes define a worldview. Mr. Obama could not have been clearer about this in his early 2009 budget preview, "A New Era of Responsibility: Renewing America 's Promise."

    ….  He proposed "prudent investments" in health, education, infrastructure and clean energy. ObamaCare became one such "prudent investments."

    Henninger sees the tax policy as more important than America ’s enormous debt:

    This is about something bigger than deficit reduction. The deficit is dangerous. But raising taxes to cut the deficit is a bailout for the spenders—until proven otherwise.

    Lesson:  Personal Freedom and Power 103:  Possessions (Money and Property)

    Utilizing possessions greatly advances a person’s opportunities to investment their time, intellect, and labor. This fosters inspiration and resourcefulness, and propels commerce, science and art.  Civilization advances. 

     A limited tax system dedicated to human freedom protects the fruits of a person’s investment of time, labor and money.  The great American civilization will continue to advance. 

    Henninger calls for the GOP to develop a tax policy.  Better, FreedomWorks and it million members should develop and support a tax policy supporting freedom, starting with protecting the fruits of the investment of time, energy and money made by all Americans. 

    Henninger philosophically agrees:  the U.S. is going to need a tax structure that keeps more of the nation's decisions about using its wealth in the hands—and minds—of millions of intelligent citizens, from any economic class. They work, they decide.