High tax rates in the upper income brackets allow politicians to win votes with class warfare rhetoric, painting their opponents as defenders of the rich. Meanwhile, the same politicians can win donations from the rich by creating tax loopholes that can keep the rich from actually paying those higher tax rates - or perhaps any taxes at all. What is worse than class warfare is phony class warfare. Slippery talk about 'fairness' is at the heart of this fraud by politicians seeking to squander more of the nation's resources.
Thomas SowellIn politics, the truth is strictly optional and that also seems to be true in parts of the media.
Thomas SowellRiskier mortgage lending practices, imposed by government, were what set the stage for many mortgage payments to stop and thus for the financial disasters that followed. Political rhetoric, echoed in the media, seeks to obscure that painfully plain fact.
Thomas SowellNeither your life nor my life, nor the future of this country, will be affected in the slightest by whether Linda Tripp is naughty or nice. But if any president is able to commit crimes with impunity by using the vast powers and perquisites of his office to cover up, then we will have a danger of corruption and abuse of power that can only grow with the passing years and generations.
Thomas SowellThe assumption that spending more of the taxpayer's money will make things better has survived all kinds of evidence that it has made things worse. The black family- which survived slavery, discrimination, poverty, wars and depressions- began to come apart as the federal government moved in with its well-financed programs to โhelp.โ
Thomas Sowell