James Leroy Wilson's one-man magazine.

Thursday, November 13, 2008

Bailing out the Ruling Class

My latest at the Partial Observer. Excerpt:

Just by simplifying the tax code and getting rid of unnecessary and burdensome layers of taxation, the economy will revive and jobs will be created without any drop-off in tax revenue.

The sooner President Obama and Congress acts, the better off we will be. This issue is not about the proper role of government, or how big it should be, or how high taxes should be. It is only whether our tax structure is helping or hurting the American people. It is clearly hurting them. If the people continue to suffer, the Ruling Class will eventually be punished, one way or another. To save itself, the Ruling Class must do at least this one thing for the people.

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