The Bullying Pulpit – Thomas Sowell
May 28, 2013
We have truly entered the world of “Alice in Wonderland” when the CEO of a company that pays $16 million a day in taxes is hauled up before a Congressional subcommittee to be denounced on nationwide television for not paying more.
Apple CEO Tim Cook was denounced for contributing to “a worrisome federal deficit,” according to Senator Carl Levin — one of the big-spending liberals in Congress who has had a lot more to do with creating that deficit than any private citizen has.
Because of “gimmicks” used by businesses to reduce their taxes, Senator Levin said, “children across the country won’t get early education from Head Start. Needy seniors will go without meals. Fighter jets sit idle on tarmacs because our military lacks the funding to keep pilots trained.”
The federal government already has ample powers to punish people who have broken the tax laws. It does not need additional powers to bully people who haven’t.
What is a tax “loophole”?
Continue reading “The Bullying Pulpit – Thomas Sowell – Re-Blog”

