If you are reading this then you were not born yesterday! The old saying that two things in life are guaranteed Death and Taxes is going to come to haunt us all soon! Why? The Bush Tax cuts, if we are honest, were very balanced Tax cuts from the lowest incomes to the highest incomes, but those Tax Cuts are going to silently disappear if Congress does not take action to keep them or some of them in place.
What does this really mean to You? Well sadly it means the economy will take a very large hit. Economic Growth may all but stop and you will have much less money to cover you expenses each month. Now if this does not bother you then please stop reading now and thanks for visiting this site and blog.
For those of you still here letting these tax cuts expire is a threat to our jobs, our economy but more importantly our country. Our political leaders have rung up such a large debt that they feel they must take more from us to pay for it, how does that make you feel? If you are like me I want them to stop spending and start listening to the people! But I am convinced our politicians have all but stopped listening to the citizens of this country.
So what can you do? Well you could go to work for the Federal government which provides better pay and benefits than the private sector these days and there are government jobs available. After all since the Federal government no longer works for the peope, why don’t we all work for the Federal government? Yeah and who then pays for the government? Who then invests in our economy? That is at the heart of this issue, do we work for the government or do they work for us? According to the constitution the government is for and of the people….in other words the buck stops with the us, the people, we exert our will by how we vote.
So how did our country get where we are then? A country divided cannot stand and we are by many measures a country divided. We are divided by race, religion, economic status, where we live….well by an almost unlimited number of things. All a politician has to do is use these natural divisions against us. So how do we overcome this? We decide as citizens to Unite behind common causes and we collectively vote accordingly. It seems simple but politicians are well versed in how to keep us divided.
So back to those expiring Tax Cuts how do or will they divide us? The Rich verse the Poor, of course, we hear it all the time lets tax the rich. The problem with that is it makes financial success more difficult for those who aspire to advance their standing in life. It seems so easy to make someone else pay especially when we are not the one paying! But I believe most citizens would be for a Flat Tax which is fair to everyone and does not punish success. Which gets me to the real point, the corruption of our government began with and will end with the Tax Code. We should argue for the Tax Cuts to be kept but, we should vote for a Flat Tax or a Fair Tax both of which would help our economy grow, bring money and business back to our shores and simplify the Tax Code with the goal of minimize if not eliminating corruption.
So are New Taxes Coming Your Way? The short answer is yes, the long answer is be prepared to vote for changes to the tax code that make those taxes fair to all.