Posted on Dec 1, 2016
A Comparison of Presidential Tax Plans and Their Economic Effects
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Edited 8 y ago
Posted 8 y ago
Responses: 5
Whether you believe this organizations analysis or not, the fundamental questions about taxation and it's impact on each of us, the economy etc. need to be considered.
The money the government takes is ours. We earned it by the sweat of our brow. It is our money, not theirs and their should be an expectation it is spend efficiently and effectively. It is not today.
The more capital the government takes from the economy (in taxation) the less there is for businesses and individuals to invest/spend/stuff in a mattress etc.
If you want to see real growth in the economy, in wages, in new business start ups etc. You need to reduce what the government takes and what they do take needs to be efficiently spent.
The government has proven they cannot manage money. Look at our ever increasing national debt at 20 trillion. If any of us ran up debt like this (relative to our income, taxes for the government) we would deserve to be in a debtors prison.
The government is spending money it does not have to buy favor with voters, special interest groups etc. to get reelected. This is one of the reasons we really need a balanced budget amendment. If politicians want to dole it out, they should have to raise the money. Right now, no one feels the pain as we just add the deficit spending (every year) to our national debt and keep on slouching along.
The money the government takes is ours. We earned it by the sweat of our brow. It is our money, not theirs and their should be an expectation it is spend efficiently and effectively. It is not today.
The more capital the government takes from the economy (in taxation) the less there is for businesses and individuals to invest/spend/stuff in a mattress etc.
If you want to see real growth in the economy, in wages, in new business start ups etc. You need to reduce what the government takes and what they do take needs to be efficiently spent.
The government has proven they cannot manage money. Look at our ever increasing national debt at 20 trillion. If any of us ran up debt like this (relative to our income, taxes for the government) we would deserve to be in a debtors prison.
The government is spending money it does not have to buy favor with voters, special interest groups etc. to get reelected. This is one of the reasons we really need a balanced budget amendment. If politicians want to dole it out, they should have to raise the money. Right now, no one feels the pain as we just add the deficit spending (every year) to our national debt and keep on slouching along.
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