Posts Tagged ‘Tytler Cycle’

Why Obama’s Tax Plan Is So Wrong

September 13, 2008

Barack Obama, if elected, promises to enact a tax plan that he claims will “cut taxes for 95 percent of workers and their families with a tax cut of $500 for workers or $1,000 for working couples.”

The statement is patently false, and it is beyond easy to prove it’s patently false.

The 5% of Americans that Barack Obama will attack with tax increases already pay more than 50% of the total income tax burden.  It is simply a naked act of class warfare to demand that people who are already overtaxed pay still more taxes.

To underscore the point above, it is also a fact that 40% of Americans pay no federal income tax at all.

How can Obama reduce federal taxes for 95% of Americans when 40% of Americans don’t pay federal taxes?  He can’t.  It is logically impossible.

What Obama will do is seize more from the wealthy, and – in an act of sheer pandering – give it to people who have not earned it.  He will use the IRS as a welfare agency.  You do all the work; I reap well over half of the benefit.

During his interview with Barack Obama, Bill O’Reilly called Obama’s plan “class warfare,” and Obama replied, “It’s not. Ninety-five percent is not class warfare.”  Sure it is.  Whenever one class of any size votes to take from another economic class, it’s class warfare.

Someone managed to stop Benjamin Franklin’s rolling in his grave long enough to ask him what he thought about Barack Obama’s tax plan.  Founding father Benjamin Franklin responded:

When the people find they can vote themselves money, that will herald the end of the republic.”

Wow.  That’s pretty tough.  All Barack Obama is doing is saying, “If you vote for me, I will seize other people’s money and give it to people who did not earn it in a direct transfer payment.”  But Benjamin Franklin understood with razor sharpness how profoundly wrong Barack Obama’s socialism was nearly two hundred years before Obama was even born.

The reason Benjamin Franklin was so diametrically opposed to Barack Obama’s socialist, class-warfare, welfare payment tax plan is because he understood the thought of another man who condemned Barack Obama nearly two centuries before Obama was born.

The 17th Century Scottish historian Alexander Tytler studied the rise and fall of nations and presented his findings in what we now call Tytler’s Cycle. According to Tytler, all nations go from bondage to spiritual faith, from spiritual faith to great courage, from courage to freedom, from freedom to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, and from dependence back to bondage. Tytler said the absolutely critical thing that leads a nation to decline from abundance to selfishness and on down the vicious cycle, is when they vote themselves benefits from the national treasury. And Benjamin Franklin understood this basic fact of history.

Barack Obama doesn’t.

This election may come down to whether we want Benjamin Franklin’s independent America or Barack Obama’s socialist America.  It may come down to whether we want to heed Alexander Tytler’s warning to cultures from history, or disregard it.