Tuesday, October 21, 2008

What Is Your Price?

I don't think any of us thinks we, or our sacred vote, are for sale. Any politician who suggested as much could kiss his career good-bye. And yet, that is precisely what we see happening in this year's presidential election.
One candidate is offering 44% of Americans money for their vote. He wraps it up in the form of tax cuts. But these Americans don't pay income taxes. They do pay payroll taxes, which funds Social Security, and this "tax cut" is to offset the payroll tax. And yes, you are right. If we take money out of government to offset Social Security taxes something is going to have to happen to the Social Security program.
This would all be paid for by raising taxes on only 5% of individuals. Never mind the Robbing Hood syndrome (covered in a previous post). That only addresses individual taxes. It is well known that liberals view capitalism and business as the great enemy. You can count on a few things, based on recent history. 1) Business will have their taxes increased. 2) Environmentalists will be given a free hand at reorganizing economic development. 3) Lawyers will be given a free hand in tort cases against business. 4) Business will find it advantageous to relocate to other countries where tax policy and environmental policy is not so onerous.
So for $500 dollars 44% of Americans can sell their vote to Obama. In return, they get job insecurity and a doubtful future for Social Security. 51% of Americans can sell their vote for a promise (from a politician) not to have their taxes raised.
So back to the title question: what is your vote worth to you?

1 comment:

Anonymous said...

And yet there were those who thought that what he offered looked really good, so they voted for the man. An Elder in Heather's district at the MTC says that we are now an ObamaNation. I know, it's bad, but I fear far too true. Enjoyed reading your blog.