Ever been in debt?
Ever want something you cannot afford?
Ever worry about how to cover your current bills – like mortgages – from your paycheck?
Is the first thing you think of to reduce how much money you make?
Do you go out and get a job that pays less?
Do you cut back on the number of hours you work and make less money?
Well, our country does not need to take in less money because it is currently in debt, has trouble meeting its current obligations and has many things it would like to spend money on.
And yet there is always talk about reducing taxes….
Which will reduce the amount of money our country has to do what it needs to do, to do what it wants to do, to do what it must do and to pay off its already existing debt.
Making the way it takes in revenue fairer? Especially in a way that might drive demand for goods and services made in the USA.
Now when people hear ‘tax reform’ or ‘tax cut’, they THINK ‘More for me – YEA. I think I can do better things with it than the government.’
But each of us can’t build a road, or fix a bridge, or fund the military, or run elections or keep our National Parks open, or a million things we rly on the government to do. The things it should be doing according to the Constitution.
And the powerful corporations already keep extra money [that is why they have overseas accounts] ore return profits to investors and they haven’t felt like increasing pay and benefits for workers [in fact they keep looking for ways to reduce expense related to workers] or producing jobs.
And the top 1% already have had their wealth increased at a faster rate than any other part of our economy and they haven’t been creating jobs. And most haven’t used their money to help others or to make the world a better place. They have used their money to get richer.
So why cut taxes at all? Fundamentally it makes our country even less able to function for most of us.
Simplify the process of filing taxes? Good idea – but that isn’t what they are doing.
Close loopholes that allow powerful people and corporations and have them pay into funding our country at the same % of their income or profits that average people do? Good idea.
Put incentives that reduce taxes when wages are increased or good-paying jobs are created? Good idea.
But the country does not need to reduce its income and hope good things will happen.
You KNOW it doesn’t work for your home economy. It won’t work for our country.