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Ripping Off America

Traders Magazine, February 2001

John A. Byrne ŘEditor

The average individual in America, quite frankly, spends more time mowing his lawn, or brushing his teeth, than in trying to understand how the country has overtaxed him. The topic can be deadly boring. America, a fun society, generally does not pay attention unless there is a novel angle of attack. Tax reductions must translate into gains that can be visualized in a society brought up on a diet of outlandish advertising claims and a media that transmits conflicting values. A politician, for example, who pledges to totally eliminate home property taxes, no matter how unrealistic that goal, would generate a bigger buzz than a rival proposing a more realistic tax reduction of 25 percent. The message: Make the numbers big. Tax rip-offs by the government do not boil the blood.

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