Trumpeting a Plan to Tax the Rich

          Donald Trump is out of the Presidential race (maybe—maybe not), but he did raise a major issue: China and jobs going overseas. I would like to introduce an idea that deserves discussion because this problem warrants immediate attention with a practical solution. If anyone has a better solution, please contact me.

Don’t jump to conclusions. I have not lost my conservative mind. But, I have a plan to “tax the rich,” especially the rich enemies of freedom.

          I am a big fan of the fair tax, but until more minds are molded to agree, I have a “tax the rich” plan that I think conservatives—who normally hate taxes—will love. So, hear me out.

Budget Cuts—What Budget Cuts?

The left is howling over the draconian budget cuts in the recent deal to avert a government shutdown. Is $39 billion truly painful cuts? Hold the presses! When the smoke and mirrors are removed, the real budget cuts were closer to $14 billion.[i] Wait a minute—is it only $350 million? In a $1.6 trillion deficit, that is like losing a penny. There is more waste in the trashcans of Washington D.C.

The truth is that mountains of waste can be found in any government agency. Harry Reid says that the Cowboy Poetry Festival must be saved.[ii] I was raised a cowboy on a ranch in Colorado. I love the Sons of the Pioneers, but you got to be kidding me. America is bankrupt! Must we “save” some cowboy poets? Let’em punch cows to make a living!

A measly $39 billion is not draconian when tens of billions of dollars could still be attached by earmarks![iii] Where is the promise to eliminate all earmarks? Boehner claims that there are no earmarks, but let’s wait and see what the “final” bill has. It is past time to break Congress from sucking eggs.

Has anyone done the math? $39 billion divided into a $1.6 trillion deficit means that it will take over 41 years to just pay off the deficit of this one budget. Come on, Rhinos! Get some guts. Be bold! Cut the budget by $2 trillion. Even that would not be draconian—it’s called balancing the budget and reducing the debt.