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Root FoxNews Editorial: Mr. Obama, We Don’t Have a Tax Problem, We Have a Spending Problem

Libertarian National Campaign Committee Chair, LNC member and former LP Vice Presidential nominee Wayne Allyn Root opines at 

By Wayne Allyn Root

Did you see President Obama’s new 2013 budget? It’s filled with $1.5 trillion in tax increases for the rich.

It appears that the president and his leftist cabal believe we are all stupid. They believe if you tell enough lies, the lies become fact. They spend all day, every day, trying to convince Americans that taxes on the rich are too low.

The reality is taxes are not low at all. If you think they are, you’ve either been brainwashed, or you aren’t paying taxes. The truth is: The taxes are too damn high.

We do have a serious problem in this country. But it’s not a tax problem. It is a spending problem.

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Bruce Cohen

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  1. Dan Ciammaichella Dan Ciammaichella February 16, 2012

    As usual, Root is off the deep end. Yes, we have a spending problem. We also have a revenue problem. We have both problems because both government and the private sector went on a drunken binge of spending, gambling and gutting any regulation that would hinder them from doing so. Now it’s time to pay the piper. Who do you think should be paying…the vast majority of us who work hard, pay our bills, pay our taxes and foolishly believed that our elected officials represented us, rather than corporate and special interests with big wallets – or the people who made the most money from the drunken binge? Goofballs like Root seem to think that the honest folk should do all the paying while the people who profited from the binge get to keep their stolen loot. Sorry pal, it doesn’t work that way. Yes, we need to cut spending, but at the same time we need to increase revenues by getting back the ill-gotten gains of the 1%, the banksters and the pols who both created the problem in the first place…and benefited the most. Quit trying to protect the crooks with your wacky rhetoric, Root.

  2. matt cholko matt cholko February 15, 2012

    Looks like South Korea is the place to be.

  3. Darryl W. Perry Darryl W. Perry February 14, 2012

    It’s “ok” to lie to investors when one has the permission from a government.

  4. Tom Blanton Tom Blanton February 14, 2012

    Here’s a gem from Root’s article:

    When a private sector CEO lies to investors, it’s called fraud. You can go to prison for manipulating the facts.

    I guess Root hasn’t heard about the mortgage backed securities debacle. Or maybe he’s joking.

  5. John Jay Myers John Jay Myers February 14, 2012

    Funny thing, this “spending problem” comes out right on the heels of last weeks “I have a much more moderate foreign policy than Ron Paul” statement, meaning that Wayne apparently can’t read a budget and figure out what it is we are spending our money on.
    You might as well argue for higher taxes, because I don’t know how you are going to continue to pay for your moderate foreign policy.

  6. Mike B. Mike B. February 14, 2012


    Your LP has been infected with: RootWare.

    This Trojan Horse virus masquerades as
    W.A. R. – White Angry Republican.

    This virus also goes by the name LINO
    (Libertarian In Name Only).

    Reboot now or else it will destroy your
    LP principles.

  7. Slash the Military Slash the Military February 14, 2012

    Of course, Obama DID request that the military budget be trimmed. Ever so slightly.

    And all the GOP presidential candidates, with the exception of Ron Paul, denounced Obama’s plan at one debate, saying that we must not “weaken America’s defenses,” or “balance the budget on the backs of America’s servicemen and women,” blah, blah, blah, etc.

    On military spending, Obama is actually more libertarian than all the GOP presidential candidates (Ron Paul excepted).

    So will Root give the devil his due? Will Root compliment Obama on making a good first step on at least that issue — and then urge Obama to cut military spending much deeper?

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