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Starving the Beast

Home - by - December 23, 2012 - 23:56 America/New_York - 12 Comments

American Thinker

With the failure of Boehner’s “Plan B” it’s looking more and more like we’re going over this so-called “fiscal cliff,” although it’s nothing of the sort when compared to what lies ahead in our near future. Because we have a spending problem and not a revenue problem, worthless “solutions” that raise taxes without any real spending cuts will only send us over the looming debt cliff at a slightly different point in time, but over it none the less.

That said, now may be a good time to get your affairs in order?

It’s clear that the burden of higher taxes will ultimately fall upon all taxpayers as there simply aren’t enough “rich” to satisfy the enormous appetite of Obamanomics. Whatever the outcome of current negotiations, it may be time to try a variation of “starve the beast” as a way to force politicians to deal with this out-of-control government spending problem sooner rather than later.

There is a way to do this that would actually help individuals in the process and it could be done without an act of Congress. Critics may point out that this method won’t halt the growth of government as the “beast” will still find other ways to satisfy its appetite, but its level of consumption under President Obama is now so gargantuan that it will only lead to further deterioration of its health and an even earlier death if not altered soon.

To help “starve the beast,” perhaps more small business and middle class taxpayers should heed the advice of progressive judge Learned Hand:

Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands.

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» 12 Comments

  1. Unneutral

    December 24th, 2012

    Who knows, maybe enough people will get tired of this shit and start a revolution.

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  2. Bad Brad

    December 24th, 2012

    Correct me if I’m wrong, but the feds can collect all the money they want, but they need approval from Congress to spend a dime.

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  3. grayscape

    December 24th, 2012

    “Beast” is the operative word anytime regarding something about Obama….and her husband.

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  4. Wyatt, Insensitive Progressive Jerk

    December 24th, 2012

    Essentially, we have been, and are starving the beast. However, because the Federal government can print money and borrow willy nilly, it has not made much of a difference. Those currently in power at the Federal level really don’t care one way or another.

    Tax increases almost never result in the increased revenue the government says it will. Taxes are a drag on the economy, and the higher the tax rate, the more the drag. When the government says that a tax increase of “x” will bring in “y” money, this is based upon assumptions of level or increased economic activity – and this is almost never true. If taxes are higher, people will cut some discretionary spending, which will have a ripple effect on other people whose incomes depend on that discretionary spending. Maybe I buy one pizza per week – raise the price of pizza 25% and I probably decrease the number of pizzas I buy.

    It is a mistake to assume that Obama and the Democrats do not understand this – most of them do. But it is apparent that their end game is not balancing the Federal budget, or even purporting to be fiscally responsible – the goal is to make people dependent upon the government and increase the power of the Federal government, even at the cost of perhaps irreparably harming the U.S. economy. They want people dependent on the Federal government for all or a part of their income, and they want the power to force people into doing their will under penalty of losing freebies they now rely upon.

    Instead of focusing on starving the beast, which the leftists don’t care about anyway, focus on living well within your means. We have a new world developing, and those increasing number of people who are dependent upon government largesse will become slaves to it.

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  5. Houston

    December 24th, 2012

    My mortgage and family’s medicine will be my biggest costs in the future. THE WIFE and I have one car payment, but no more. Once I pay that off I’m buying nothing but used and running them into the ground.

    Things are going to get really tight across the country. I’ve thought it was insane for a while now that you get next to nothing on interest when you save money. The economic system has been upside down for years. Banks don’t worry about you putting money in the bank, they are basically floating the loans and eventually it’s like paying your bills with credit cards.

    It’s going to be ugly when it collapses.

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  6. RightWinger

    December 24th, 2012

    It should be a constitutional amendment that all politicans must pass a basic Economics 101 College course in order to be sworn in to office. From the local level all the way up to POTUS.

    This type of rule would keep the population of RINOs and Demorats to a bare minimum.

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  7. Mary Jane Anklestraps

    December 24th, 2012

    Heh. I thought it was a Michelle 0bama story.

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  8. McFartus Spontaneous

    December 24th, 2012

    We should all start investing our $ with the company that produces Top Ramen noodles, because thats what most of us are gonna be eating. Merry Christmas and Happy New Year to all at IOTW.

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  9. J Frank Parnell

    December 24th, 2012

    Do nothing with your money and they confiscate it through inflation. Actually earn passive investment income, get taxed. Die, get taxed. Work and earn, get taxed. Start a business, pay your suppliers’ taxes built into their products or services. Move more than $4,999 of your money and the Central Authority gets a report on you.

    The economy is going underground as it does in all oppressive countries.

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  10. eternal cracker p

    December 24th, 2012

    Most everything I buy minus energy and food is second hand stuff and it’s not from a thrift store that charges tax. All the items I then sell to make some money from what I buy is sold privately or in quantities less than what the government is interested in. You only pay tax if you follow their rules. 5 years without a job, I’ve been doing my fair share.

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  11. Tim

    December 24th, 2012

    You are under no moral obligation to pay for anything with which you disagree. Our moral obligation extends only so far as the gov’t stays within the constraints of the Constitution, as understood by the “reasonable man” standard.

    That being averred, we must understand that Obama and his socialist thug sycophants are actively trying to destroy this country and re-form it as a socialist police state.

    What, then, becomes our moral obligation?

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  12. Stirrin the B.S.

    December 24th, 2012

    @Wyatt – I absolutely agree that the pols know full well that taxing the rich will not balance the budget, and yes, their goal is to make as much of the population dependent upon the government as possible.

    But I’ll take that one step further and say that the Marxists/statists’ goal is to destroy our economy. They know that the current deficit spending trajectory cannot be sustained.

    This is what happened to the USSR. Only they were allowed to rebuild their economy without fear of the US overthrowing their government. My fear is that we won’t have that luxury once our economy is completely destroyed.

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