NEWS ANALYSIS
Photo for Headline Surfer / Republican Congressman Tom Feeney.
By HENRY FREDERICK / Headline Surfer
NEW SMYRNA BEACH, Fla. -- At a recent talk to Republican supporters at the home of Erik and Marie Halleus, Congressman Tom Feeney made some remarks that are significant for residents of Volusia County.
The most important comment that he had was that according to estimates by the Heritage foundation, tax proposals brought by the Democrats could cost Volusia citizens in his district $2,858 per taxpayer in taxes and $ 2,518 in lost income. This $5,376 loss per taxpayer would be a terrific burden on the residents of Volusia.
Feeney pointed out that the Democrats are threatening to repeat many of the same mistakes that turned a small depression into the great depression. These include raising taxes, reducing trade and increasing the level of business regulation. Letting the Bush tax cuts elapse presents a huge tax increase that will stagger the economy and the Democrats propose added taxes on top of that, Feeney said.
On the subject of energy costs, the Democrats want to punish the oil companies for the politician’s sins, Feeney said.
"They won’t allow drilling, they won’t allow refineries to be built, they impose restrictions on what gasoline can be used a particular region and so on and then they want to punish the Oil Companies when the prices go up," Feeney said. "The biggest contribution to the rise in oil prices is the entry of China into energy consumption."
On the subject of energy costs, the Democrats want to punish the oil companies for the politician’s sins, Feeney said.
"They won’t allow drilling, they won’t allow refineries to be built, they impose restrictions on what gasoline can be used a particular region and so on and then they want to punish the Oil Companies when the prices go up," Feeney said. "The biggest contribution to the rise in oil prices is the entry of China into energy consumption."
Feeney pointed out that Ireland has become an industrial Dynamo since it reduced taxes, regulations and other burdens on business.
The same sort of thing is happening in some of the eastern European countries with startling success, Fenney stressed.
"The question is when will our leaders catch on to the fact that low taxes, few regulations, sound money, free flowing trade and strong legal protection for property always create an abundance of prosperity," Feeney added.
Henry Frederick is publisher of Headline Surfer, the award-winning 24/7 internet news outlet launched 12 years ago that serves greater Daytona Beach, Sanford & Orlando, Florida via HeadlineSurfer.com. Frederick has amassed more than a hundred journalism industry awards in print & online -- more than than all other members of the working press combined in Central Florida since the mid-1990s. He earned his Master of Arts in New Media Journalism with academic honors from Full Sail University in 2019. Having witnessed the execution of serial killer Aileen Wuornos in Florida's death chamber and other high profile cases, Frederick has appeared on national crime documentary programs on Discovery ID and Reelz for his investigative reporting and cops & courts breaking news stories.Story Posted: 2008-04-11 02:00:00