Editorials : Guest Opinion: Cadet Carbajal’s quest for power
By Andy Caldwell
December 28, 2017 7:28 AM
It is official. Swamp creature-in-training, cadet Congressman Salud Carbajal, has graduated. He joined all his fellow Democrats on a party-line vote in opposition to the first major tax cut in a generation. Mr. Carbajal, who hasn’t had a private-sector job his entire adult life, and who has lived paycheck-to-paycheck (like most Americans), should know better, but obviously the swamp had its way with him.
Corporations and people who have money are smart with their money, which is why they have money in the first place. They don’t hide it under mattresses, nor do they park it where the government will quickly and efficiently abscond with it. They shield it from usurpation while they make it work for them and us by investing it, unless they are forced to shelter it.
Investing money creates opportunities for others. In practical terms, the money multiplies itself by way of purchases and job creation. Compare that to redistribution. The government, like Robin Hood, steals from the rich to give to the poor while siphoning off its fair share. The money ends up being divided instead of multiplied. And the money siphoned serves to continuously grow government, which in turn creates an insatiable appetite for even more money and power. Moreover, Democrats conveniently fail to recognize that small businesses, which employ the vast majority of American workers, have no more than a 3-5 percent profit margin, meaning they are slim pickings for punitive tax rates and dubious redistribution schemes.
There is no moral argument that can be made to indicate that anyone owes it to the rest of society to give their money away to the government for redistribution because they have “too much.” Albeit the phenomenally rich typically end up doing just that voluntarily via the creation of foundations and trusts, but that is another story. What we earn we have the right to keep, and that applies to all of us. Nevertheless, the punitive tax rates here in America compelled investors to move their money overseas, shelter it or lose it in the black hole of the redistributive construct of the American tax system, courtesy of the Democratic Party.
The bottom line? Rewards and punishments affect human behavior, including business and investment decisions. Before Donald Trump, America had some of the highest business and regulatory costs in the industrialized world, meaning our system was counter-productive in every sense of the word. To make ends meet, we kept raising taxes while borrowing trillions of dollars from the likes of China, which is our main competitor and has plans to dominate us in every way.
If he knows anything, President Trump knows how to make money. He wants to make America great again by growing the economy, not government. Contrast that with the endemic dishonesty of the Democratic Party as it relates to taxes and our economy. Specifically, genuine quality of life begins with a job, not a government handout; albeit the former gives power to the private sector, the latter to the Dems. The proliferation of power is what this debate is really all about.
Andy Caldwell is the executive director of COLAB and host of The Andy Caldwell Radio Show, weekdays from 3-5 p.m., on News-Press AM 1290.