State of California (Alpine, Amador, Calaveras, El Dorado, Mono, Placer, Sacramento, Tuolumne Counties) | November 3, 1998 General |
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THE ECONOMY AND TAXESBy Dan WinterrowdCandidate for United States Representative; District 4 |
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Our government says the economy is strong. If so, then why do most families now need two breadwinners?In 1950, for the median income family of four, the Federal income tax amounted to 2% of the family budget. Today the figure is 25%, not counting the added cost of Federal regulations and Federal price supports. We now work until, ironically, about July 4 just to pay for taxes at all levels. Why is this? We have succumbed, unfortunately, to the idea that the Federal government can solve any problem, rather than seeing it for what it is: a dangerous servant and a fearsome master, as George Washington so eloquently put it. We must wake up to the fact that all politicians' pet programs have one important fatal drawback in common: they are just another way of forcing your income from you to spend on someone else. Furthermore, the number of possible pet programs is endless, as we witness each election season. Our Federal government spends money (1.6 TRILLION dollars in fiscal, 1998) like a drunken sailor, while our ship of state tramples our incomes and liberties. In order to put our nation back onto a sound footing we must reduce the destabilizing influence of the Federal government: eliminate the income tax, and social security tax; on the spending side eliminate all unconstitutional agencies, which amounts to about 95% of them; abolish the Federal Reserve, and thereby end its money supply and interest rate manipulations, and return to the internal discipline of a gold standard which served us so well during the times of greatest growth and lowest inflation in our economy. People make a strong economy, not government. Let us free our people from the burden of taxes and regulations so that they may enjoy the fruits of their labor and share in a strong economy. |
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