How Raising Taxes Hurts People and What Can We Do About It

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Money Management
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Is saving a dollar here and there really worth it? Does it significantly add up to anything worth while? Well that depends on who you are talking to. Saving $25 on any given occasion may not sound like that much but you do that over a year and you have yourself $300. Then take that $300 and invest it, and add the $25 each month and for arguments sake say you get 4% i... Read personal finance article



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When I left school I was semi literate and semi numerate, yet I never missed a day. The teachers used to jest that I was a slow learner and a fast forgetter, and that probably summed me up pretty well. However, although I accept the fact that I'm not the brightest lamp in the street, I'm not stupid either. Not wanting to go through life as a dimwit, I put all my efforts into managing what little m... Read personal finance article



How Raising Taxes Hurts People and What Can We Do About It
It is a known fact that high taxes in any nation hurt the individual and this is because the government is inefficient compared to businesses in the things that they do and when they tax us, the money they spend is not well spent. If on the other hand taxes are low and the individuals and consumers have more money to spend they are much better with their money and much more efficient.

Likewise, when small businesses reinvest due to tax incentives and pay less overall taxes they too are more efficient and can expand their businesses and hire more individuals to work. More people paying into the system means there is more tax revenue without raising taxes. When you raise taxes there are less jobs and less people paying into the system and therefore you have to keep raising taxes to pay for all the special programs you are creating in the government. All of which are inefficient.

The Bush administration has lowered taxes for individuals and small businesses through massive tax cuts and the Democrats want to get into office and raise taxes. We do not need any voodoo economics in America and we certainly do not need the Democrats raising our taxes. Let's be fair and honest; the United States economy is doing quite well and unemployment is quite low because of the Bush administration's tax cuts. And that's the truth, no matter how the Democrats attempt to spin it.

"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/wttbbs/

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Secrets to Keep Taxes Low

Businesses are efficient because that efficiency means more profit. More profit in a business means that there is more money to invest in the company and more money to pay employees. More employees making more money means that more people are paying into the system and that increases the tax rolls for the United States government.

When businesses pay less in taxes they have more money to expand their businesses and therefore they need to hire even more people. More people with jobs have more money to spend. Therefore they can buy more things to help their quality a life and standard of living. When the government raises taxes it hurts businesses meaning less people are employed and less people paying taxes to the government. This should be obvious to anyone who has studied economics 101.

However, in our nation we find that Democrats want to raise our taxes and that means less jobs, higher taxes, lower standard of living and more government programs that are simply a waste of money and totally inefficient. Now I don't know about you, but I can tell you that I don't want any more taxes.

So tell all your Democrat friends to stop voting for people who want to raise the taxes on the United States citizens. Because, you may as well just flush your money down the toilet; I'm sorry but that is how I feel and I'm tired of hearing about this crap. Increased taxes hurt our economy it should be obvious to anyone who studies economics. Consider this in 2006 and keep your liberal selective reading to yourself.

"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/wttbbs/




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How Raising Taxes Hurts People and What Can We Do About It
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