Monday, October 03, 2016

Hillary Clinton: "He Contributed Nothing"

By Douglas V. Gibbs
AuthorSpeakerInstructorRadio Host

The New York Times released old tax documents that show Republican Presidential nominee Donald Trump, due to a nearly $1 billion loss in his 1995 tax return, may have not been legally paying any income tax for 18 years.  Hillary Clinton, the Democrat Party candidate for President of the United States, commented about Trump's avoidance of paying taxes saying, "He contributed nothing."

From the Democrat Party's point of view, because they believe nothing happens unless the federal government makes it happen, Trump indeed contributed nothing while "everyday Americans" contributed everything.  Never mind that most Democrat voters, Romney's "47%", don't pay taxes, either.

Democrats believe that economies operate at the discretion of governments, and politicians.

If we look at this through the lens of our United States Constitution, and the principles of a free market economy, Hillary Clinton has actually contributed nothing, and Donald Trump has contributed an enormous amount.  Government's best contribution to ensure an economy thrives is when legal barriers are decreased, regulations are eliminated, and taxes against free market participants are reduced or extinguished.

As a businessman, Donald Trump has created jobs, created products, and has increased both supply and consumerism.  As a businessman it was also Trump's job to do the best thing he could to ensure the success of his endeavors, and a part of that is keeping the cost of doing business as low as possible.  Taxation is a part of the cost of doing business, and so if a businessman can reduce the cost of doing business by reducing his tax costs legally, it is commendable when a businessman can pull it off.  The situation doesn't make Trump a deadbeat.  It makes him a brilliant businessman.

From the Constitution's point of view, internal issues such as Stateside businesses are none of the federal government's business, anyway.  In Federalist #45, James Madison wrote regarding the authorities of the federal government versus the powers of the States, "The powers delegated by the proposed Constitution to the federal government are few and defined. Those which are to remain in the State governments are numerous and indefinite. The former will be exercised principally on external objects, as war, peace, negotiation, and foreign commerce; with which last the power of taxation will, for the most part, be connected.  The powers reserved to the several States will extend to all the objects which, in the ordinary course of affairs, concern the lives, liberties, and properties of the people, and the internal order, improvement, and prosperity of the State. The operations of the federal government will be most extensive and important in times of war and danger; those of the State governments, in times of peace and security."

In short, external issues belong to the federal government, and internal issues (like industry) belongs to the States.

Based on my own personal studies and research, roughly 85% of federal spending is unconstitutional, and much of that hinders innovation and economic growth.  Therefore, when it comes to the free market economy, it's the authoritarian policies of Hillary Clinton that contributes nothing - and if anything, hinders the American economy.

-- Political Pistachio Conservative News and Commentary

Related Stories:

Hillary Clinton Avoided Taxes the Same Way Trump Did - Breitbart

New York Times violates law to publish partial Trump tax return from 90s and speculate about his taxes - American Thinker

No comments: