Where Did All the Money Go?

You May Want To Be Sitting Down For This One – Maybe Have a Drink Or Two Or Three…

 

by: the Common Constitutionalist

What is the refrain of the left whenever anyone suggests tax cuts? Naturally it is, “How are you going to pay for them?”

And what about cutting government spending? Well, Democrats will cry, in unison, that there is no where to cut. By cutting spending, we will be ripping food out of the mouths of needy children, or some such nonsense.

Remember this statement – “There Is No Where to Cut“.

And we can’t forget the “Tried and True”, tax cuts for millionaires and billionaires will only hurt the middle class.

As a rather obvious aside: paying for tax cuts bugs the crap out of me. Why should we have to “pay” for a tax cut? It’s our money in the first place. But the government naturally treats our money as theirs first, and if there is anything left over, which they claim there never is, they will consider giving it back to us, the people.

Anywho, speaking of whining about tax cuts, there’s this from just a few months ago. A column written by Steve Benen entitled, “The Magical Cost of Tax Cuts“. read more

Dick Durbin Bullies Walgreen

from IBD:

Well, the thugs and bullies in the White House and on Capitol Hill have scored another victory — if you can call it that — over a major American company.

After a month of assaults and threats from the D.C. political class, venerable drug retailer Walgreen Co. announced it will remain headquartered in Illinois for the time being instead of entering a tax-inversion merger with Europe’s Alliance Boots that would move it abroad to lower its tax bill.

Good news for Washington, but the millions of Walgreen shareholders aren’t partying it up. read more

Lame Excuse Legislation

Texas Representative Steve Stockman introduced legislation today that would allow taxpayers to give the Internal Revenue Service the ‘same ‘lame’ excuses for not for handing over documents as the IRS is giving Congress.

If the IRS is allowed to claim that ‘convenient, unexplained, miscellaneous computer malfunction is sufficient justification not to produce specific, critical documentation,’ Stockman’s bill says, taxpayers should be able to, as well.

‘Taxpayers shouldn’t be expected to follow laws the Obama administration refuses to follow themselves,’ Stockman, a Republican, said in a statement announcing The Dog Ate My Tax Receipts Act.

‘Taxpayers should be allowed to offer the same flimsy, obviously made-up excuses the Obama administration uses.’

Texas Rep. Steve Stockman, right, introduced tongue-in-cheek legislation today called The Dog Ate My Tax Receipts Act. Stockman is pictured here chatting with Rep. Steve Chabot of Ohio before a House Foreign Affairs Committee in April

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