July 31, 2020 “A great nation that has righteous decrees” Va’eschanan 4:4
We’re told welfare destroys incentives to work. Consider de-funding these welfare programs: 1) The mortgage interest deduction, 2) Government subsidies to corporations, 3) Corporate tax breaks that lower average corporate taxation to 13%, 4) The 15% hedge fund manager tax rate, 5) Wall Street bailouts, 6) Price supports for large farms, 7) Tax-exemption for pension contributions, 8) Favored tax treatment of dividends and capital gains, 9) Tax deferral of home sale profits, 10) Accelerated depreciation, 11) Oil, timber and coal producers’ tax exemptions and subsidies. Bust those welfare queens.