Saturday, December 18, 2010

Only in the good old USA?

Over the past weeks I found it very interesting to hear the politicians and news media along with many average people talking about the extension of the "Bush" tax cuts. The primary focus was that the "rich people" should not be given money that the government needed to spend on it's budget items. Now needless to say the government has no money other than what it takes from the people and there is no giving "rich people" money it is simply not taking as much as they used to take before the cut in tax rates. The cut in income tax rates spurs economic growth since it encourages more people to risk their funds in starting new businesses or investing in established ones which allows businesses to expand and/or modernize so they can continue to operate thereby providing jobs. The other big item was the death tax, whereby the government gets to legally steal most of the inheritance of the deceased persons already taxed assets leaving a few crumbs for the family members. It was not the intent of the deceased to have the government steal and waste the inheritance but for their family to enjoy the benefit of the efforts made to be able to have assets to make life a little better for their loved ones.
It truly does look like commonsense and reason are in short supply in our nation but than again what should we expect when most of our people have been "educated" in government run school systems. The tax cuts were extended but for only two years so the politicians will try again to raise taxes and legally steal not only more of our peoples money but also their self respect. For you see how can anyone have true self respect when they have been made dependent on government programs for every aspect of their life. Well maybe not only in the USA, how does your country stack up?

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