Author Lacy: Public Dole 'Out of Control' in Age of Obama

Monday, 14 Apr 2014 05:33 PM

By Bill Hoffmann

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The Obama administration's public welfare and entitlement policies are pushing the nation toward taxation disaster, says author James V. Lacy.

"The reality is that public assistance, the food stamps under the Obama administration, have gone completely out of control," Lacy, author of "Taxifornia: Liberals' Laboratory to Bankrupt America," told Ed Berliner and Diane Dimond, guest hosts of "The Steve Malzberg Show" on Newsmax TV.

"Our whole economic system has really gotten into a position of, not haves and have nots, but takes and not takes. The reality is that people shouldn't be motivated to just try and be able to take from government.

"It was John Kennedy, the iconic liberal, who said ask not what you can do for yourself, ask what you can do for your country. What John Kennedy's message was, don't take money, but be involved, try and help, and engage."

Story continues below video.



Lacy, a lawyer and former Reagan administration official, said California is indicative of the country's growing taxation mess.

"It is a great place to live, and I didn't write the book "Taxifornia" to encourage people to leave, I wrote it to encourage reform," he said.

"But here's the reality, and it's a sad reality: the top marginal tax rate in California along with federal taxation under the Obama administration is 52.9 percent.

"So, that means that if you're very well off, you're basically giving most of your salary over to the government, and that's not characteristic of a capitalistic system, it's characteristic of a socialistic system."

Lacy said that California has not only the highest income tax in the nation, but also the highest gas tax, as well as the biggest corporate tax rate in the western United States.

"On top of all that, it has the worst business climate because of the taxes. California is the third-worst state in the nation to do business, according to CEO Magazine, nine years in a row," he said.

"This is the problem that California is creating, and they're going to bankrupt the state. The liberal Democrats in control have really created a big problem here, and they're taxing too much."

Lacy said California now has the woeful distinction of being "the most impoverished state in the nation."

"For the last two years, according to Obama's Census Bureau, California leads the nation in poverty, and it's because of these consumption taxes that liberal Democrats who are in control put on us," Lacy said.

"We have to do something to turn this around.''

Lacy served in the Reagan administration for eight years as a senior executive at the Commerce Department and as general counsel for the U.S. Consumer Product Safety Commission.


See "The Steve Malzberg Show" on Newsmax TV each weekday live by clicking here now.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Ex-Romney Adviser: Americans Don't Appreciate Foreign Policy

Thursday, 31 Jul 2014 21:00 PM

Americans are woefully underinformed on the need for strong foreign policy, but that doesn't mean their leaders should a . . .

Obamacare Gives Some Young Adults Incentive to Stay Uninsured

Thursday, 31 Jul 2014 20:42 PM

Despite its intended goal to provide health insurance to everyone, Obamacare actually gives some young adults a strong f . . .

CNN Anchor Tweets Insult About Fox News Climate Story

Thursday, 31 Jul 2014 19:26 PM

CNN anchor Bill Weir went on a mini-Twitter tirade Thursday, crudely slamming a Fox News blog for its post on former Vic . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved