Friday, September 03, 2010

Tax Debate Obfuscation and the Poverty of Millionaires

Money grabbers of both political stripes expose our nation's bankruptcy.

His left hand is under my head,
And his right hand embraces me.

Song of Solomon

* * * * *

The debate over tax policy — already out of place — just got more ridiculous...




Newsflash! Yesterday's debt-laden, consumption-based economy is dead. There is no tax policy objective capable of changing this fact. No short-term fix will alter reality that, our crippled economy is in need of investment capital on the order of trillions of dollars per year. Arguing over tax policy at this time simply reveals how our nation's bankruptcy is reducing us to fighting over chump change.

—Tom Chechatka

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