Our enemies are the large corporations who have bought our congress.
To the extent that's true, its an excellent argument for smaller government.
1 - If corporations control what government does, and you don't like their choices, or just that they have so much power, then smaller government directly weakens the corporations (since you say they control the government)
2 - Smaller government gives companies less incentive to try to control the government in order to protect themselves from harm from the government.
3 - Smaller government gives companies less incentive to try to control the government in order to rent seek or to harm their competitors.
Romney pays less than 15% in taxes
1 - 15% is not a low rate. Ideally no one would pay that much.
2 - No, he really pays more. To the extent he nominally pays 15% because most of his income is capital gains on investments, he really pays more for two reasons. First the money is already taxed with the corporate income tax. As a stockholder, he is part owner of the corporation. When his property pays taxes he pays taxes. Secondly the capital gains tax is not indexed for inflation, a real loss can be a nominal gain and thus taxable.
and I pay about 30%
If so, you are pretty rich, and/or your counting other taxes besides the federal income tax. If you count other taxes Romney probably pays more as well.
Overall the rich pay a lot more, not just in total, but as a percentage of their income, than them middle class. |
