Wednesday, January 10, 2018

#TXLEGE: Crony capitalist crowd now openly claiming high taxes are good for business

"Dishonest scales are an abomination to the Lord,
But a just weight is His delight."
Proverbs 11:1

Buried deep within this puff piece on the latest act of collusion between big business and big government, we find this gem:
It will support local municipalities’ rights to set their own taxation policies and will oppose legislation that would set revenue caps, allow for tax rollbacks or put appraisal caps on local governments, he said.

“We believe this would deter their ability to finance local priorities and have a negative impact on their bond ratings,” he said.
A lot of this is the same type of drivel you frequently hear from this crowd.  But they didn't used to be this blatant about it.  They're not even paying lip service to the idea of low and consistent taxation anymore.

It's also remarkable how, to preserve their subsidies and protectionist regulations, this crowd is now moving from pushing left-wing social policy to openly embracing high taxes.

This group's Board of Directors is also quite the collection of looters and moochers.

Bottom Line: Whether this crowd likes it or not, low and consistent taxation is good for everyone, including business.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.