Saturday, March 14, 2009

Tax Cuts - The Panacea for What Ails Us

Tuning in to Fox News this morning, after tiring of the Headline News bimbos, I found nothing but more bimbos showing more cleavage than their HLN counterparts. Instead of talking about the latest news like HLN, the Fox News talking heads, mostly female with a couple of angry or nerdy guys, were on politics, going on and on about tax cuts. I learned that tax cuts are the solution for anything. If you want economic growth, cut taxes. If you want more jobs, cut taxes. If you want more individual freedom, cut taxes. If you want to keep more of your earnings, cut taxes. If you want the country to recover from the recession, cut taxes. If you want to prevent slackers from surviving on the public dole, cut taxes. If you want smaller and intrusive government, cut taxes. Yes, cutting taxes is the one-size-fits-all solution to what ails us as a country. It's the universal panacea to fix everything.

More money in the accounts of the wealthy and high-earning is said to spur investment which creates economic growth, but who says it won't be made in a second or third home on a Caribbean island or in a foreign security. Investment is supposed to create more jobs, but this is true only when the investment is made in the means of production, i.e., factories and manufacturing equipment, but who says it won't be made in a foreign country rather than the USA. The point is that cutting taxes and achieving the desired result would require more government, not less, to insure that the additional money would produce the desired result. So, their goes smaller, less-intrusive government.

Would someone please explain to me the correlation between the extent of my freedom and my tax rate. If freedom and the tax rate are inversely proportional, that is, those with the lowest tax rate should have more freedom than those paying at a higher rate, why is it that the latter have more life style choices than the former. The answer is simple, they have more money, more than enough money to meet the necessities of life and still enjoy a better life with more options for education, recreation, wellness, travel, entertainment, etc. Why don't the right-wingers admit that their mantra of 'tax cuts' is nothing more than a slogan designed to garner donations from those who benefit most from tax cuts, the wealthy?

Personally, I want a strong national defense; modern, well-maintained public infrastructure; quality, accessible education; affordable, preventative health care and responsive emergency services; police and fire protection; national, state and local parks, libraries, and museums; and other government services like immigration law enforcement and a criminal justice system. I don't know how a constant diet of tax cuts can satisfy my desire for beneficial role government plays in modern society. Tax cuts and the reluctance of the right-wing politicians to increase taxes to pay for wars and heightened internal security is what caused the national debt to swell during Bush's presidency. Don't hype tax cuts to me. I ain't buying.

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