Well our new president has addressed Congress and the American people for the first time and I for one was impressed. I voted for him because I believed he would make the hard choices and bring some much needed common sense back into Government. Last night he talked the talk, and hopefully will also walk the walk.
Of course, since there were not a many tax cuts as his opponents wanted, they are sitting back and sulking. What everyone apparently has forgotten, is that without taxes there is no funding for anything. Just because the Mint prints money doesn't mean that it is worth anything if it isn't backed by something. Anyone with a fancy copier/printer can print money but it isn't worth anything and it gets you arrested if you are caught.
Taxes we pay backs the money our government spends. If you cut taxes and don't cut spending, then you have a deficit. Simple economics. However, for far too long our leaders have turned a blind eye to this simple fact. I don't enjoy paying taxes anymore than the next person, but I realize that without our tax dollars, the services that we have come to expect would either disappear or be handled by the private sector at probably higher rates.
Our taxes help support our public school system, our police and fire departments, the roads we drive on and countless other necessary services. Not to mention the most important, our military, without whom there would not be a USA. Corporations as well as individuals utilize these services and should contribute to their upkeep. Every time we give tax breaks to a company to relocate, we undermine our ability to continue providing the necessary infrastructure not only for the new business but for the people and companies already in place.
It is a dog eat dog world and everyone wants an edge on the next guy. But the old saying is what goes around comes around. Today it is our gain and someone elses loss. Tomorrow it is our loss and someone elses gain. Let's hope for a time, when everyone gains because jobs are staying put and not looking for the best deal.
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