The real ‘Reagan Rule’

April 12, 2012 08:20

The real Reagan rule recognized that because people spend time at work that they could otherwise spend doing something else, taxes are a claim on a portion of a person’s life. On this basis, the goal of lawmakers should be to keep government as small as possible so that individuals can keep as much of their money as possible. – Washington Examiner


By Philip Klein at Washington Examiner


As Tax Day approaches, President Obama is embarking on his latest campaign to distort the English language in order to assert more federal government power over people’s lives.


With the economy still weak three years into his $831 billion economic stimulus package, and with the fate of his signature health care law in the hands of the U.S. Supreme Court, Obama has supercharged his class warfare campaign.


Describing cutting taxes as “spending” is as inaccurate as it is offensive.


What Obama considers a cost to government is actually a savings for taxpayers. If you translate Obama’s words, what he’s really saying is that he wants people to keep less of their hard-earned money so that additional money will be available for him to spend on welfare state programs and more Solyndras.


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