Weekly Update --- Anti-Liberty Conservatives Want More Theft
Ron Paul Liberty Report
Ron Paul Liberty Report
4.9 • 2.3K Ratings
🗓️ 11 June 2024
⏱️ 5 minutes
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| 0:00.0 | Hello everybody encompass a think tank promoting a conservatism lacking even a rhetorical |
| 0:15.6 | commitment to free markets recently called for Republicans to support tax |
| 0:21.2 | increases. |
| 0:23.0 | The organization claims a GOP embrace of higher taxes will enable the |
| 0:28.0 | uniparty's left Democratic and right Republican wings to create a deficit reduction plan, balancing tax increases |
| 0:38.6 | with spending cuts. |
| 0:41.6 | American Compass is correct that both parties need to prioritize deficit reduction. |
| 0:47.0 | The $35 trillion and rising national debt is a big threat to prosperity and liberty in America. |
| 0:56.0 | However, history shows that any bipartisan agreement to raise taxes and cut spending results in higher taxes and higher spending. |
| 1:07.0 | The classic example was the deal President Reagan made with Congressional Democrats to cut spending by $3 for every dollar in tax increases. |
| 1:17.0 | Congress eagerly authorized the higher taxes and then disregarded its promise to cut spending. |
| 1:25.9 | The only cuts most members of Congress will agree to are reductions in the projected growth |
| 1:31.8 | of future spending. While Congress in the The Biden administration and the then Democratic controlled Congress increased taxes |
| 1:46.1 | on many Americans in 2022 when they expanded the Internal Revenue Service in order to crack down on wealthy tax cheats. |
| 1:57.7 | As many predicted, the expanded IRS began using its new resources to target middle-class taxpayers who cannot |
| 2:06.4 | afford to pay lawyers and accountants to help them maneuver through the tax |
| 2:11.5 | code and thus are likely to just write a check for whatever the IRS |
| 2:16.6 | demands. |
| 2:18.6 | Middle and working class Americans are also the main victims of the Federal Reserve's hidden inflation tax. |
| 2:26.8 | This tax will keep increasing as long as the government's reckless spending forces the |
| 2:32.4 | Fed to monetize even higher levels of government debt. |
| 2:37.0 | Anti-tax conservatives and all who value individual liberty and peace should join the movement to audit and then end the Federal |
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