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Wealth Creation. "If the Democrats were serious about balanced budgets, they'd speak not only of tax hikes but also spending cuts. Instead, they are using the balanced-budget argument as a means of keeping money in Washington in the belief that the indefinite expansion of government, both in scope and size, is their surest way of securing and maintaining political power .. Copious tax revenues are vital to the Democrats' strategy, so they oppose any reforms that would allow Americans to keep more of what they earn. Furthermore, in an effort to disguise their true intent, they make such nonsensical assertions as the claim that raising tax rates somehow boosts economic performance.

Fact is, most Democrats are willing to sacrifice jobs and business creation in order to keep the federal government's take of the national economy large. Their income-tax policies actually aim to swell the federal treasury at the economy's expense.

An economy depends on the availability of financial capital to fund new ventures, transform ideas into reality, and raise productivity. Pumping in investment capital thus creates new jobs, boosts real wages, and ups living standards. But Washington's tax-and-spenders ignore financial capital's crucial role. They treat this money as if it can be taxed away from individuals (and corporations) with impunity .. ". MORE William Kucewicz.