Texas Drifter Let Bush’s Tax Cuts Die
Breaking News: Conservative mobs are spontaneously forming all across America gathering ropes, to try and find Texas Drifter so as to lynch him for advocating “let Bush’s tax cuts die”. Texas Drifter when asked about conservative lynch mobs looking for him, quipped conservative pilgrims need to quit worshiping Bush family like Democrats worship Obama.
Marshall’s Law Townhall Dateline – low dollar research common sense study reveals that not letting Bush tax cuts die will not re-vitalize America’s in coma lingering near death ethical capitalist market system.
Re-fresh your memory with following history proven economic rules for America’s middle class based constitutional republic:
1. Free market prices are determined by varying supply and demand ratios;
2. Profits create productive private sector jobs and taxes destroy private sector jobs;
3. Public sector jobs not involving national security or domestic tranquility are only created by fascist economic policies;
4. In all budgets: citizens, businesses, and governments, cash reserves are good and debts are bad;
5. Ethical capitalist economic systems best serve constitutional capitalist republics by supporting and expanding private sector middle class citizens not creating political elite aristocracies.
(Example counterfeit conservative political elites called Moderate Republicans in America like Bush, McCain, and others reader can list have more economic and political interests in common: with Democrat Party Aristocrats like Pelosi, Reed, Obama; Calderon and Fox of Mexico; and Middle East fascist theocracies like Saudi Arabia than Moderate Republican have shared interests with average conservative middle class American citizens.)
Additional history proven rules can be added later. Question what does reader call people who embrace economic rules like socialism that have never been proven to work in real world? Texas Drifter could give graphic answer, but will not as Marshall’s Law Townhall is a family format collection of writing exercise.
Time to enact day before Bush’s tax cuts die following fifty year tax codes:
1. Permanently abolish all death and inheritance taxes;
2. Limit all capital gains taxes to ten percent (10%);
3. All citizens pay ten percent (10%) on net income, no exceptions including Social Security recipients, welfare recipients (total welfare benefits are $25,000. their taxes would be $2500). with Earned Income Tax payments becoming footnote in history. Also all interest payments are tax deductible to determine net income (credit cards, cars, boats, houses, and anything else involving interest payments). Concept not new, less government takes in taxes from private citizens; more they have to spend on consumer products which creates private sector jobs which makes economy grow.
Repayment of student loans to government are also tax deductible, as government will not longer be in student loan business. Ten percent tax rate can never be raised above ten percent as church only seeks ten percent in tithes. Know this will come as shock to many fools, but Obama’s and his socialist-fascists are false prophets and not worth more that true religious prophets. More can be written about details of new private citizens’ tax code later.
4. Another shocker of basic economic illiteracy – most supporters of Keynesian economic policies have misinterpreted their master. Keynesian economics to Texas Drifter‘s understanding did not support economic stimulus using debt rather cash reserves, and one wonders why Obama is to blatantly ignorant to understand why going deeper into debt does not rebuild any economy: individual, family, private business, or government. To point of this section: abolish all business and corporate income taxes. Despite Obama like stupidity; businesses and corporations merely add taxes on to cost of their doing business and let purchasers of their goods or services reimburse business or corporation for cost of their taxes. All excessive taxes on businesses or corporations do is make American products and services less competitive in global market. Truth be known, business and corporation taxes are effectively “closet value added taxes” which some American politicians want to use to punish American consumers.
5. Should be obvious observation, banks and financial institutions can not make profits when interest rates are near zero percent. Interest rates need to rise so banks will have, to use horrible concept for socialists; profit motive to make loans to customers who can repay their debts.
Freddy and Fanny need to learn that corrupt stupid public sector investors never get too big to fail. Unspoken truth about America’s current financial problems is using “affirmative action” policies to loan money to some minority members who were never and probably never will able to manage simple budgets to repay mortgage debts. How blanking blank does one have to be, too not guess that using “welfare checks and welfare benefits” as collateral on home loans would not work out? Almost like hiring a wino, paying him in alcoholic beverages and then wondering why he shows up late to work.
6. Consider re-instating Glass-Steagall Act. Ethical capitalism starts with premise: not all capitalist are prudent, frugal, or honest.
7. Reduce non-national security, non-domestic tranquility, non-emergency rescue, and non-disaster budgets to being footnotes. Remember charity starts with family, friends, churches, non-profit organizations, local, and state governments.
8. Deport all illegal immigrants and anchor babies through mostly voluntary deportation, American citizenship should be a reward for law abiding internationalists wanting to become American citizens not tax payer funds, services, and products leeches. Remember: America es mi casa, no es tu casa.
9. Adopt NSJA legislation (National Security Jobs Act) – more will appear in future Marshall’s Law Townhall Postings. Concept Tax payer dollars can only be used to purchase equipment and supplies manufactured, made, produced, grown, raised from companies on American soil or on soil of America’s really best allies. Goal is to establish domestic manufacturing plants to provide war time equipment and supplies created on American soil. If America ever has to go to war against China, there could be disruption in war time supplies needed by Americans to win war from Chinese companies owned by China’s military.
10. Best way to re-build America’s ethical capitalist economic system is keep public sector out of market place; as that should be role of "actual damages" civil law suits. One good example: public sector operates on premise that it is easier to promote incompetent up management career ladder than fire them. Result of this process, eventually America’s dumbest end up managing public sector agencies. Of course reader knows opposite process is used in private sector.
That time of day again, Texas Drifter is about all writ out, have no fear when it comes to Obama, Pelosi, Reed and like minded Democrats along with Moderate Republicans not acting like spoiled brats and trying to destroy America’s Middle Class; will not happen soon, so there will be plenty for conservative constitutionalist patriots to write about for a long time. Message this writing exercise, would it not be right and best “To Just Let Bush’s Tax Cuts Die”?
