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pan6467 · 01-30-2006, 11:19 PM

The problem with government isn't how much they spend it is how they spend it.

If you give tax cuts to companies that move jobs overseas..... you lose in 2 different ways. You lose the tax from the company and you lose the workers payroll taxes.

What government should be doing is investing in the people and building new tax bases. This is how a government moves forward.

Small business loans, education loans, Tax cuts or incentives for Rsearch and Development NOT just tax cuts for the sake of tax cuts, all need to be put into play.

A government must invest in the people to improve the tax bases. Something the Right seems to blow off. They think tax cuts for the sake of tax cuts will improve the tax base. But there is no incentive to improve the tax base and we are seeing it, in the form of jobs being shipped overseas, in the form of tax base erosion, in the form of higher deficits and trade imbalances.

The government's #1 priority is the safety of the people it governs. That means educating them and giving them the chances to fulfiil their highest potential.

By giving small business loans, education loans and research and development tax incentives you allow the individual and the business to live up to that potential.

If the person or company fails, they fail. But, I believe, there will be far more successes than failures.

The government needs to seriously look at spending as investments.

Rebuild the infrastructure (Bridges, highways etc) and you add very good paying construction jobs, that in turn help local economies that in turn build tax bases.

Give loans to private businesses and people that want to build things and hire people, which increases the job market, increases tax bases and helps the economy.

Give car companies tax cuts to research and develop cars that don't need oil.

Notice I said LOANS. Not grants, not entitlements, not tax cuts, LOANS. Low interest loans to help spur people's potential.

What we have right now is a government giving away money in the forms of tax cuts but no true stimulus to the tax base.

We have lower paying jobs cutting into the tax base, small businesses going broke because the tax cuts given to places like Wal*Mart. And that eats away the tax base that was created by the mom and pop shops, their employees and the economic stimuli
they create.

Our government has it backwards. They cut the richest taxes and ignore the fact that the tax base they need they are destroying, because there is no incentive from the government to use those tax cuts to stimulate the economy.

Tax cuts can only work if you have a new base to make up for the cuts. We don't. Instead we see the richer get richer and the rest of us just trying to make a living.

Tax incentives, putting money into rebuilding, loans and higher tarriffs on imports will indeed revive the tax base you need to function and bring in money.

Another way, is to say any worker anywhere in the world working for a US company or a company that does business in the US, must make minimum wage, must pay US taxes and the company must meet US federal laws on safety and pay the same taxes outside the country as they do inside the country. But that would never work..... I doubt the Chinese actually want their workers to make enough money to actually live and enjoy life. Nor do I doubt the fatcat CEO's would be willing to take paycuts so they would just up the prices on everything and make excuses why they "deserve the money and the workers don't".

01-30-2006, 11:19 PM	#29 (permalink)
pan6467 Lennonite Priest Location: Mansfield, Ohio USA	The problem with government isn't how much they spend it is how they spend it. If you give tax cuts to companies that move jobs overseas..... you lose in 2 different ways. You lose the tax from the company and you lose the workers payroll taxes. What government should be doing is investing in the people and building new tax bases. This is how a government moves forward. Small business loans, education loans, Tax cuts or incentives for Rsearch and Development NOT just tax cuts for the sake of tax cuts, all need to be put into play. A government must invest in the people to improve the tax bases. Something the Right seems to blow off. They think tax cuts for the sake of tax cuts will improve the tax base. But there is no incentive to improve the tax base and we are seeing it, in the form of jobs being shipped overseas, in the form of tax base erosion, in the form of higher deficits and trade imbalances. The government's #1 priority is the safety of the people it governs. That means educating them and giving them the chances to fulfiil their highest potential. By giving small business loans, education loans and research and development tax incentives you allow the individual and the business to live up to that potential. If the person or company fails, they fail. But, I believe, there will be far more successes than failures. The government needs to seriously look at spending as investments. Rebuild the infrastructure (Bridges, highways etc) and you add very good paying construction jobs, that in turn help local economies that in turn build tax bases. Give loans to private businesses and people that want to build things and hire people, which increases the job market, increases tax bases and helps the economy. Give car companies tax cuts to research and develop cars that don't need oil. Notice I said LOANS. Not grants, not entitlements, not tax cuts, LOANS. Low interest loans to help spur people's potential. What we have right now is a government giving away money in the forms of tax cuts but no true stimulus to the tax base. We have lower paying jobs cutting into the tax base, small businesses going broke because the tax cuts given to places like Wal*Mart. And that eats away the tax base that was created by the mom and pop shops, their employees and the economic stimuli they create. Our government has it backwards. They cut the richest taxes and ignore the fact that the tax base they need they are destroying, because there is no incentive from the government to use those tax cuts to stimulate the economy. Tax cuts can only work if you have a new base to make up for the cuts. We don't. Instead we see the richer get richer and the rest of us just trying to make a living. Tax incentives, putting money into rebuilding, loans and higher tarriffs on imports will indeed revive the tax base you need to function and bring in money. Another way, is to say any worker anywhere in the world working for a US company or a company that does business in the US, must make minimum wage, must pay US taxes and the company must meet US federal laws on safety and pay the same taxes outside the country as they do inside the country. But that would never work..... I doubt the Chinese actually want their workers to make enough money to actually live and enjoy life. Nor do I doubt the fatcat CEO's would be willing to take paycuts so they would just up the prices on everything and make excuses why they "deserve the money and the workers don't". __________________ I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"