"There is no free lunch." - Milton Friedman; Nobel Prize in Economics 1976.
10/29/04: I never intended to focus as much attention as I have on a single candidate or his positions. As the stated purpose of this paper is to address the issues, not the candidates, I apologize to Pete Coors and my readers. This close to the election I find myself inundated with Coors election propaganda, which provides such fertile ground to explore my ideas I've decided to reproduce this one, along with my comments.
Ken Salazar won't fight to end Bill Clinton and John Kerry's tax on Social Security benefits.
Pete Coors Will.
When Democrats like Ken Salazar talk about tax reform, they want to take more of your money so the government can spend it instead of letting you spend it.
That's what Bill Clinton and John Kerry did in 1993. They imposed new taxes on Social Security benefits.
As your U.S. Senator, I'll fight to cut taxes. To begin with, I'll fight to eliminate the unjust tax on Social Security Benefits, so our seniors can cope better with rising medical and prescription drug costs.
I also want to eliminate inheritance taxes, so hardworking Americans can pass their lifelong dreams on to their children and grandchildren without penalty. And I want to eliminate dividend taxes, so shareholders can realize more value and have more investment opportunities.
When it comes to taxes, there's a world of difference between me and my opponent. Ken Salazar will raise your taxes. I'll cut your taxes.
- Pete Coors
P.S. You can read my 12 Point Tax Cut Plan at petecoorsforsenate.com.
Comments:
Tax Reduction
The problem with this country is that everybody wants to go to heaven, but nobody wants to die. As a conservative I believe in small government. I don't like the idea of Congress deciding how I should spend my money or have them spend it for me. I've read the 6 pages of Coors tax plan and I agree with some aspects, but there's one glaring problem; the ever increasing national deficit. If you reduce your income while continuing to increase your spending, you're courting bankruptcy. Pete Coors would like you to keep more of your money for yourself and allow you to pass your lifetime savings on to your children untaxed. This in itself is a good idea, but the likely result is that Congress will eventually strip all inheritances to pay the ever increasing national debt.My position is more in line with the Gramm-Rudman-Hollings Act of 1985. Government spending should be limited to income. It would require Congress to either restrict spending or increase taxes as they increase spending. What would this do for you, the tax payer? Congress always finds it easy to increase spending, but difficult to increase taxes, If they wanted to increase spending, along with the necessary taxes to pay for it, they would need to convince tax payers there was a worth while benefit. If they couldn't? Well George Bush, senior, may have lost his reelection campaign due to his statement: "Read my lips. No new taxes". The way things are now, Congress is acting like: "There must be money in my account. I still have checks left". I think if Pete Coors ran his business this way, he wouldn't have one for very long.
paul goodman, editor.
Pete Coors has been notified of the publication of this article. I will be glad to accurately post any comments the cares to provide.
