Capitol Hill Democrats just do not understand economics in a free society

By Oscar Y. Harward

Thank you Minority Leader Sen. Mitch McConnell (R-KY), for your intelligent input on the US Senate floor concerning the Capitol Hill Democrats’ leadership in preventing the extension of the G.W. Bush tax relief legislation. The Capitol Hill Democrats just don’t get it!

America’s cry in the November 2 election was to “stop the spending” and “create jobs, jobs, and more jobs”. These liberal Capitol Hill Democrats continue to spend more of (y)our tax revenues, then increase taxes on the very ones who have the abilities and that includes resources to create more jobs. Does Capitol Hill Democrats plan to find lower-income and middle-income persons to create new jobs and the expansion of existing jobs? Capitol Hill Democrats will give their all to Labor Unions and their leaders who destroy joys, but refuse to help the very ones who create jobs.

The Obama/Reid/Pelosi team continues with a totally failed economic plan as the Capitol Hill Democrats choose to persist on “taxing the rich”, rather than encouraging the enticement of creating more jobs. Their “scam” is to blame upper-income taxpayers for the Capitol Hill Democrats’ own failures. American workers want jobs so as they can go to work. Capitol Hill Democrats continue to weaken our economy with their destabilization approach.

How does tax relief assist would-be middle-income workers who do not have a job? All higher-income and middle-income taxpayers need tax relief. Capitol Hill Democrats just do not understand that higher-income taxpayers do create new jobs and expand existing jobs.

Capitol Hill Republicans are insisting that legislators continue the G.W. Bush tax cuts to all indefinitely. The tax relief is needed to encourage middle-income individuals and families to maintain their families, their homes, etc. Higher-income taxpayers need tax relief to invest in new businesses and expand existing businesses.

One percent of the higher-income taxpayers pay “38% of all taxes” collected. Ten percent of the higher-income taxpayers pay “70% of all taxes” collected by our government. 47% of all households in America owed no income taxes for 2009.

Are Capitol Hill Democrats legislating redistribution of America’s wealth by taxing the higher-income more and more rather than encouraging the higher-income taxpayers to invest in more and more jobs?

Some Capitol Hill Democrats suggested that Sen. McConnell is insulting their abilities. For whatever the Capitol Hill Democrats believe and/or practice, each and all should take a short class on “Economics 101” so as they may understand growing an economy in a free and open market.