Don't tax more; spend less

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The hype about the “sequester,” which was President Obama’s idea, is a game. The president chose what areas would be cut, and he did not have to choose education or firefighters. He could have chosen foreign aid, particularly to nations who vote against us in the United Nations and hate us. If they don’t like us, they do not need our money.

He could’ve chosen a cut in his salary, and the salaries of department heads in Washington, D.C., plus Congress. But I did not hear him mention that. He wants to scare the American people and then blame the Republicans for the sequester. No – the sequester was his idea.

Another responsible way to bring down our deficit is to review all services within government agencies and cut duplication or departments that aren’t necessary. For instance, each state has a department of education. The federal government does not need one as well, so eliminate it. And what about the Department of Energy and the Environmental Protection Agency as well?

Fraud is rampant with some income tax laws. There is a loophole allowing individuals to claim nieces and nephews as dependents (even though they aren’t dependents), and they end up collecting millions. The Internal Revenue Service has been told about this, but nothing has been done. This loophole needs to be fixed.

The federal government should not bail out corporations. Let them figure out how to make their companies solvent. They will if they want to survive.

The editorial in the March 6 Augusta Chronicle (“Be aware of the scare”) points out that federal revenue for this year will be $2.7 trillion. This is more money taken in from U.S. taxes than ever before. Our government already is taking in enough money to meet our obligations and to help pay down the deficit. The first two principles in money management are (1) spending less than you earn or collect, and (2) avoiding the use of debt.

Our problem is not the lack of revenue, but overspending. Raising taxes and/or the debt ceiling is not the answer. We do not need to go further into debt.

Ruth A. Johnson

North Augusta, S.C.

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myfather15
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myfather15 03/29/13 - 05:42 am
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Please Ruth

Do you really expect liberal thinking Americans to understand "Spending less than you earn or collect"? You absolutely just fried their noodle. They are sitting at their desks reading this, thinking "What? What are they talking about? This is ridiculous, they just hate the President because he is black."

Then, a few hours later; when they still can't understand it, they say "Let's talk about something I understand, gay marriage." Then they tell those on the right that we are void of critical thinking, simply because we don't think as they do.

jack234
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jack234 03/29/13 - 05:43 am
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And stop paying subsidies to

And stop paying subsidies to the oil company that made 80B in profits last year. I don't mind my insurance premium going up if it means everyone has insurance. "When you do it for the least of these, you do it unto me"

Truth Matters
6986
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Truth Matters 03/29/13 - 08:13 am
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Well said, Jack234

I am not registered as a conservative, liberal or independent but it seems to me that when you make a mess you clean it up. Since this administration took office it has tried to clean up the mess made by the previous one. So people are not mad about the debt Bush incurred but are mad about the revenue this admin seeks to put us on sound footing again. When a middle income person pays a higher effective rate in taxes and a corporation pays $0, something is wrong.

When we have over spent because of unplanned expenditures (that would be two wars in USA), in our house we cut spending and bring in more income to get on sounding footing faster.

Bill Clinton was right, the R- are made that their mess hasn't been cleaned up fast enough. If the Bush admin had paid for the two wars with Iraq's oil money as promised we wouldn't be having this conversation.

The writer is correct this sequester is not all one party's fault. The House speaker proudly proclaimed that he got 99 % (or close to that) of what he wanted. Yep! Lots of blame to go around.

robaroo
779
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robaroo 03/29/13 - 08:58 am
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Worst of All Choices

The worst choice is the one the country has taken. Some people demand more government services but don't have the votes to raise taxes. The spending happens anyway and the debt increases. Some people demand no new taxes, but they don't have the votes to curtail the spending. The debt increases.

The effect is the same whether you are a conservative or liberal - some day government checks will start bouncing.

deestafford
27879
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deestafford 03/29/13 - 09:54 am
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3
Just take a look at your taxes you pay on everything:

It begins when you get up in the morning and flush your toliet, turn on your tv or radio, start your coffee, make a phone call, start your car, drive on the road, buy gas, and it goes on and on. Yet, the liberals don't think we are taxed enough. Some people in this country are paying over 65% in just federal, state, and local taxes. That means a person is keeping only $35 out of every $100 they earn and this doesn't count gasoline taxes, phone taxes, property taxes, etc. It's crazy that a person has to pay that much out of THEIR EARNINGS. The money is taken from them at the point of a gun and given many times to the moochers.
As far as the comments about oil company profits is concerned. Oil companies pay more tax money than any business in the country yet their profit margin is only 5-7%. It would pay some of the commenters to take the time to learn the difference in gross profit and profit margin. The federal government takes more money on a gallon of gas than does the oil company who explored, drilled, recovered, shipped, refined, and distributed the product. The government did nothing but hold its hands out and there are now plans by the EPA to further tighen standards on the gas companies even further even though they have reduced "pollutants" in the refining process over 90% in the last couple of decades. The liberals will not be satisfied until there is no gasoline.
The TEA party is right...we are Taxed Enough Already!

jack234
728
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jack234 03/29/13 - 10:16 am
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I thought the Tea Party had

I thought the Tea Party had went the way of the dinosaur.

nocnoc
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nocnoc 03/29/13 - 11:50 am
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If you are one of the 53%

that pay taxes that keep this country running, I have a question for you.

At what point in total taxes do you become a slave to the system and the 43% demanding more and more free stuff?

Is it 25%, 30, 35, 45, or 60% ?

Well when you combine, local, state, & federal hidden and unhidden direct taxes on everything you purchase, you may have already passed these amounts. According to a recent study the average middle class homeowner tax payer is at the 61% mark based on a recent study of hidden and direct taxes.

Examples:
http://www.ipi.org/ipi_issues/detail/hidden-taxes-how-much-do-you-really...

Remember just because you don't write a check for the taxes does not mean they aren't ready part of the product you just purchased.

An old example was a carton of 12 eggs which cost 75 cents then generated $.48 in directly related taxes before it got to you.

nocnoc
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nocnoc 03/29/13 - 12:10 pm
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Tax Party - wins vs. loses

I'd say the Tea Party did extremely good.

The Tea Party is not a DEM or REP. Party.
It seeks to lower taxes, reduce wasteful spending and move to a balanced budget. The Tea party is comprised of all walks of life, race and color and etc... It does not get to into a persons personal life at any level.

For 2012 National Tea Party groups endorsed 83 candidates, 67 won, 15 lost. The 2012 winning percentage in the House of over 80% is even higher than the 2010 winning percentage of 63%, when 85 of the 135 endorsed candidates won.

I bet that worries and a lot of deficit good Old Boys and Gals spenders in both parties.

WalterBradfordCannon
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WalterBradfordCannon 03/29/13 - 12:18 pm
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Ruth, you need to dig deeply

Ruth, you need to dig deeply into the history and causes of taxation and outlays to see the truth. Government revenues are still lower than they've been, as a fraction of GDP, over the US history since WWII. We have been running low on revenues, and increases in taxation will bring America back to its historical norms. Government outlays are higher than most of the last half century. The changes are almost entirely in Social Security and Medicare/Medicaid. These are referred to as non-discretionary budget items. The recent reductions in the national budget due to the sequestration were only to discretionary budget items. In other words - the problem is we don't tax enough, and social security and Medicare/Medicaid need alteration. In response to that, we are cutting spending on EVERYTHING ELSE. It makes no sense.

We NEED a further increase in taxation, and if you do a historical comparison of taxes and revenues in the US you will be convinced of this. We also NEED a very modest set of changes to Social Security to bring it into balance for the next few decades. And lastly we NEED a HUGE OVERHAUL of Medicare/Medicaid that will not result in a massive reduction in the quality of health care in the USA. And the representatives in Washington need to own up to the budgetary problems.

One last point. The fraction of our national GDP used to service interest on the debt is very low. We do not have a debt problem. The only way we could have a debt problem is if our bonds, which are on a thirty year bull run, turn and run in the opposite direction. No credible economist thinks that is an issue. We can safely run with more debt because our interest rates are so low. That is not to say we need to spend our grandchildren's inheritances, but to say that there need not be any sense of urgency about this problem. Solutions like sequestration are FAR more damaging than helpful.

bubbasauce
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bubbasauce 03/29/13 - 01:05 pm
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WBC, wow! That's all I have

WBC, wow! That's all I have to say. UNBELIEVABLE!

chascushman
6653
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chascushman 03/29/13 - 04:11 pm
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“UNBELIEVABLE!” But then
Unpublished

“UNBELIEVABLE!”
But then public schools have been dummying down the kids for the last 30 yrs.

Darby
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Darby 03/29/13 - 05:53 pm
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Bubba - You are SO right!

What he has to say is exactly that..

UNBELIEVABLE!
Or better yet, NOT BELIEVABLE.

But still, he does speak for ALL credible economists. Yes, he does, he said so...

deestafford
27879
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deestafford 03/29/13 - 06:13 pm
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1
If we want more revenue coming into the treasury, the answer is:

Lower taxes! Everytime taxes have been lower...revenue to the treasury went up. Unfortunately, so did spending. The politicians were like, " Hey, we just got a higher limit on our credit card. Let's go shopping."

KSL
131325
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KSL 03/29/13 - 06:15 pm
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jack, who claims to be an independent,

Don't confuse profit with profit margins. I suspect more gas and oil is sold than beer, but the profit margin of beer companies is way higher. Don't see people complaining about their profit.

nocnoc
43454
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nocnoc 03/29/13 - 07:28 pm
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1
KSL - regarding Oil vs Beer

surprise guess who is many the biggest profit?

GOVERNMENT IS THE BIG WINNER:

Gas taxes = 48% of every dollar goes to Taxes 12% to wholesalers/dealers and 6% to the Oil companies.

Beer Taxes = 43% is taxes.

• Taxes account for 65 cents of the cost of a $2.24 loaf of bread.

• 42 cents of a $1.50 can of soda go toward taxes.

• 72 percent of the cost of a 1/5 of liquor goes toward taxes.

• Taxes account for OVER $95 for a $325 airline ticket.

• A $250 monthly utility bill consists of $60 in taxes.

• Over half the cost of a $3.33 gallon of gasoline is due to taxes.

I'd say Taxed Enough Already (TEA)

KSL
131325
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KSL 03/29/13 - 09:47 pm
3
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Yet

Another realistic take on the real economics of taxes and profits.

KSL
131325
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KSL 03/29/13 - 09:48 pm
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Thanks

nocnoc

chascushman
6653
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chascushman 03/30/13 - 02:53 pm
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“I'd say Taxed Enough Already
Unpublished

“I'd say Taxed Enough Already (TEA)”
I agree if the federal gov’t took all the money of the top 1%, you know the evil rich, it would run the federal gov’t for about 15 days. The class war fare spread by the commie in the WH is working very well with the poorly informed. The TEA folks are still around for sure.

KSL
131325
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KSL 03/31/13 - 05:24 pm
1
1
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