Government takeover

Government takeover

Cry Wolf Quotes

Death taxes are based entirely upon capital. This capital can be destroyed either by taking it from its owners and using it for maintenance of government, or what amounts to the same thing, by diminishing its value, or by checking the incentive for its production. That is actually happening.

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Undersecretary of the Treasury Garrard B. Winston, Los Angeles Times.
10/14/1924 | Full Details | Law(s): Tax: Estate

How much limitation do you put on your Federal Reserve in running your banking business of this country? There is no limit to that.

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Harry E. Karr, Real Estate Board of Baltimore, Testimony, Committee on Banking and Currency. Senate.
05/16/1934 | Full Details | Law(s): National Housing Act

[The stimulus bill funds] a bureaucratic structure for the government to begin rationing the health care of the American people. They can then lead a national, populist, grassroots movement to force Congress to pass the bill, and President Obama to sign it, educating the public along way about the intractable problems of socialized medicine.

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Peter Ferrara, who served in the Reagan and George H.W. Bush administrations, American Spectator.
02/25/2009 | Full Details | Law(s): Affordable Care Act

Governments at all levels are already financially strapped. A national program must not be self-defeating, i.e., it should not so increase the deficit structure as to impede economic recovery. The country’s main objective must remain a return to a healthy economic condition. This is the main problem facing the unemployed.

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Statement of Joseph F. Boyle, M.D., Chairman of the Board of Trustees, American Medical Association, Chicago, Accompanied by Dr. James Sammons, Executive Vice President and Harry Peterson, Director, Testimony, Senate Finance Committee.
04/21/1983 | Full Details | Law(s): COBRA