Go Back   SZONE.US Forums > Current Events > News > The Heritage Foundation

The Heritage Foundation Since its founding in 1973, The Heritage Foundation has served as a research and educational institute -- a think tank -- whose mission is to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense

The Heritage Foundation

Rep. Jan Schakowsky: "You Don't Deserve To Keep All Your Money"

Views:242
Reply
Thread Tools Search this Thread Rate Thread
  #1  
Unread 09.14.11, 10:06 AM
@Heritage @Heritage is offline
RSS Bot
 
Join Date: 06.09
Posts: 37,398
Rep. Jan Schakowsky: "You Don't Deserve To Keep All Your Money"

On 09.14.11 07:16 AM posted by Brandon Stewart




In a interview with Chicago’s Don Wade & Roma radio show this morning, Congresswoman Jan Schakowsky claimed that Americans aren’t entitled to all of their own money.

Toward the end of a wide-ranging interview, the hosts played a clip from this week’s Republican Presidential Debate where California teenager Tyler Hinsley asked, “Of every dollar that I earn, how much do you think I deserve to keep?” Co-host Don Wade asked Schakowsky to answer the same question.

After some initial back-and-forth, she replied, “I’ll put it this way, you don’t deserve to keep all of it. It’s not a*question*of deserving, because what government is, is those things that we decide to do together.”

Despite the hosts’ persistence, Schakowsky declined to answer what percentage of a person’s income they deserved to keep. “I pay at a 35% tax rate, happy to do it,” she explained when the hosts persisted with their question. She again declined to say how much more she would personally*be willing to pay.

But Rep. Schakowsky is not alone. Her views are sadly typical of a liberal worldview that sees a person’s earnings as belonging first to the state. In fact, the left is now doubling down on this misguided belief, with the President pushing for more stimulus spending despite the failures of earlier “stimulus.”

But while the left continues to promote the same failed policies—more taxes, more regulation, more big government—conservatives need to trumpet the benefits of low taxes, sensible regulations, and small government. As Heritage’s Dubay explains:
The best way to grow revenues is to promote faster economic growth, which will increase the number of taxpayers and taxable income more rapidly. Tax hikes—whether through higher tax rates or slashing credits, deductions, and exemptions without offsetting reductions elsewhere—will not do the job. Under President Obama’s current policies, spending will continue to grow at a faster rate than can be paid for by tax hikes—even assuming the huge tax increases the President insists upon. To add insult to injury, as history has shown, tax hikes would slow economic growth and make it even harder for unemployed Americans to find a job.

Listen to the full interview here:

WLS 890 – Don Wade & Roma’s interview with Jan Schakowsky



http://blog.heritage.org/2011/09/14/...ll-your-money/
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Rate This Thread
Rate This Thread:



All times are GMT -8. The time now is 06:59 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright ©2007 - 20017 SZONE.US All rights reserved