After Mitch McConnell’s refusal to support tax hikes within the raising of the debt ceiling, the White House Press Secretary Jay Carney sharply attacked him as supporting special loopholes for millionaires and billionaires.
Politifact.org is too busy analyzing Palin’s Facebook for any spelling errors to take the time to double check how, if at all, accurate Carney’s statement is. The rest of the media simply repeated Carney’s accusation every top of the hour without having bothered to stop and consider whether it might be false.
I gave them the benefit of doubt and waited a while, but after no one bothered fact checking it I felt it necessary to prove his statement deserving of the rating “pants on fire.”
It’s a fact that the larger the size of government, the greater leeway for corruption and actions of self-interest. The same stands true in every institution and even in the business world. The larger a business is the greater the possibility of corrupt or unethical activity within.
The difference between unethical and corrupt individuals in the business world and in the government is that business world has the government breathing down their neck via law enforcers while the government has no one on top of them. Yes, we have a system of checks and balances and government officials are officially subject to law enforcement just like the rest of the country, but the fact of the matter is that there is an open double standard with nobody stopping corrupt politicians. Just think of Charley Rangel.
Businessmen and politicians are also different in that executives may and are supposed to do whatever they can to promote themselves and their company. That includes seeking exemptions from government regulations as long as it’s done in a legal and straight manner.
Politicians though, are servants of the people and are supposed to do what’s best for the country and his state/district even if doing so goes against his or her personal gain or beliefs. When politicians insert exemptions aka loopholes which benefit their donors and provide them with a way out of additional regulation or taxes, that is unethical because it’s done for the politician’s and donor’s interest, and not for the people’s benefit. If something must be taxed or a tax must be raised, it should be applicable across the board. Similarly when a system needs federal intervention in the form of regulation, why should anyone be exempt? Perhaps the regulation is not that necessary to begin with?
When Obama rammed through his 2,500 page trillion dollar health care bill it included mandates to purchase health care. He then secretly gave out waivers to hundreds of companies and no, it didn’t go to your corner deli or local pharmacy; it went to labor union groups and large companies with connections to influential Democrats. Although Pelosi claims otherwise, not too many believe that it’s a fluke that nearly 20 percent of Obamacare waivers were issued to gourmet restaurants, hotels, and nightclubs within Pelosi’s district.
These waivers from the health care mandates are just one of many government provided loophole for a select few. If Obama and the Democrats truly care for all its citizens and enacted Obamacare to provide equal great insurance to all, why would they give a waiver to even a single company? Didn’t they say it won’t affect businesses negatively?
When the big government reaches out to control and regulate businesses, businesses that are already choking with over-regulation and high taxes, understandably seek a way out. Unions, Influential large businesses, and wealthy donors put pressure and demand from their representatives whom they’ve put into office to insert a loophole into the bill which will exclude them from additional regulation and taxes. Why else do majority of the billionaires in this country vote Democrat? Why else would millionaires and billionaires gather in San Francisco at a dinner with Obama and donate large sums to Obama and the Democrat party when Obama repeatedly promises to raise taxes on the rich?
The average American, on the other hand, doesn’t have much of a choice but to pay the increasingly higher taxes and follow the endless regulatory laws. They don’t have the money to throw at politicians nor the power to threaten their local representative with hundreds of job layoffs. And besides, the higher taxes have to be paid by someone and the departments overseeing regulation need to have on whom to enforce it.
As is known to all, it’s the Democrats that are constantly increasing the size of government and supporting additional taxes and regulations. Republicans, on the other hand, seek to limit the level of involvement the federal government has in the lives of its citizens and businesses. Conservatives support smaller government, thus supporting fewer loopholes for the rich. Why would anyone need loopholes if taxes are anyways low and you get to keep most of your hard-earned money? If only what’s absolutely necessary is regulated, such as for safety concerns, why would the language of the bill be written to allow exemptions for all sorts of scenarios and situations?
Thus, it’s the Democrat Party that favors and courts to the millionaires and billionaires while the Republican Party fights for the rights of all. Raising taxes ends up affecting mostly the middle class which is comprised of struggling small businesses and not the millionaires and billionaires.
The liberals are constantly seeking to increase taxes but then go ahead and provide exceptions and exemptions. They are the ones inserting and promoting the use of loopholes, while at the same time pushing for additional regulations on companies.
Jay Carney, you are dead right in that there are many loopholes for the millionaires and billionaires, but are dead wrong in who creates and supports these loopholes.