Tuesday, December 7, 2010
Whose Money is it Anyway?
Regarding the debate on whether to extend the Bush tax cuts, the question that should really be asked is, "Whose money is it anyway". Does the government control our paycheck and tell us what we will receive or is it "We the People", through our elected representatives that should tell the government what we will give them. In these economic times, families must control expenses and yet all the rhetoric on these tax cuts have not included the government reducing their spending. Instead of claiming that continuing tax cuts for those making more than $250,000 will cost the government billions, why not cut spending a few $100 billion dollars a year to move towards a balance budget. Increasing taxes will not reduce our massive uncontrollable deficit unless we undertake hard choices and reduce government spending. We can start by using the unspent stimulus that has not worked as the unemployment stats indicate for the unemployed and by having a 20% cut in salaries from the White House, cabinet appointees, czars and all administrative staff down through Congress and their staff and any person who complains can find another job. There are many qualified unemployed people who will gladly take their job. Washington must lead by example. What happened on November 2 can be repeated in 2012. Not another extra tax dollar should be given to government until government makes the hard choices to reduce our deficit and reckless spending. Balancing the budget first should be job #1.
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