“Whenever passion prevails over reason, truth becomes a casualty.”

Neal Boortz
Wisdom Wisdom

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“A Tax Foundation study for 2002 has found that taxpayers with adjusted gross incomes under $20,000 incur a compliance cost of 4.53 percent of income compared to only 0.29 percent for taxpayers with adjusted gross incomes over $200,000.”


“During most election seasons, one group of researchers or another will generate a voter questionnaire highlighting planks from the Republican, Democrat, and Libertarian election platforms. Using excerpts from the party platforms, these pamphlets propose to present three alternative ways to address specific issues--without identifying which plank comes from which party. The people taking the survey merely have to choose the positions that most clearly mirror their own.Interestingly enough, the majority of those taking this blind test tend to favor positions taken from the Libertarian platform over those from the Democrats or Republicans.”


“Businesses and other organizations spend more than six billion hours each year complying with the federal tax code. Estimated compliance costs conservatively top $225 billion annually—costs that are ultimately embedded in retail prices paid by consumers.”


“It is interesting to note that under our original Constitution the highest office for which citizens could vote was their member of the House of Representatives. Senators were chosen by the legislatures of the several states, and the president was selected by an electoral college. Our founding fathers designed a government in which the true power rests in the House, a body the electorate can change completely every two years. It is thus quite sad that so many Americans concentrate so heavily on our quadrennial presidential beauty contest.”


“Just what do we tax under our current system? Work, that’s what. Hard work and productivity. The harder you work, the more you achieve. The more you achieve, the more you’re taxed. To make matters worse, under our “progressive” income tax system, the harder you work, the more severe the punishment actually is!”


“[A] Harvard University study [showed] that, on average, about 22 percent of what you pay for any consumer item or service represents the embedded costs in that item—that is, the embedded costs of our current tax system. Taxes, like some other similarly offensive substances, roll downhill, and you the consumer are standing at the bottom.”