Recent News and Opinion
2016/5/2 - City Council passes resolution defending and supporting Lewisvill...
2016/5/2 - Early voting ends Tuesday in LISD, city elections
2016/5/2 - Positive West Nile test prompts Lewisville mosquito spraying for T...
2016/4/30 - Team effort required for emergency management during severe storms
2016/4/30 - Art Review - "Just Bury It"
2016/4/29 - TEA Responds to Lewisville ISD on STAAR test issue
2016/4/29 - Lewisville police ask residents to report non-working street lights
2016/4/28 - Ozone Season Brings Heightened Air Quality Awareness
2016/4/28 - North Texas Blvd bridge demolition this weekend
2016/4/28 - DCTA to conduct mock disaster drill with Lewisville
2016/4/28 - Visual Art League update
2016/4/28 - Updated: Police investigate McGoys Marine for theft, announce town...
2016/4/27 - Video: Lewisville ISD candidates use forum to talk about issues, q...
2016/4/27 - Avanti Senior Living at Flower Mound to host welcome events with s...
2016/4/26 - Lewisville's emergency management team watches storms
2016/4/25 - Students to compete in Rotary speech contest
2016/4/25 - Journey to Dream to open shelter for homeless teens
2016/4/24 - Briefs for 4/24/2016
2016/4/23 - STAAR: All for the love of testing
2016/4/23 - Police department promotions, changes due to expected growth
2016/4/23 - Pets of the week
2016/4/23 - Rough week for Farmer softball and baseball
2016/4/23 - Paws in the Park adoption event Saturday, Apr. 23
2016/4/23 - Lake Park won't be open for Memorial Day weekend
2016/4/22 - Journal, Gazette team up for LISD candidate forum Wednesday, Apr. 27
Recent Reader Comments
2016/5/2 15:21 - Re: Video: Lewisville ISD candidates use forum to talk ab... (Anonymous)
2016/5/2 15:01 - Re: Place 4 LISD school board candidates answer questions (Anonymous)
2016/5/2 12:20 - Re: Video: Lewisville ISD candidates use forum to talk ab... (Anonymous)
2016/5/1 23:27 - Re: Updated: STAAR exam vendor fails LISD students (Anonymous)
2016/5/1 0:53 - Re: Video: Lewisville ISD candidates use forum to talk ab... (Anonymous)
2016/4/27 17:54 - TAMSA responds to STAAR grading problems. (WhosPlayin)
2016/4/27 12:37 - Re: Lewisville's emergency management team watches s... (jbcglc)
2016/4/22 8:53 - Re: Updated: Police investigate accidental shooting (Anonymous)
2016/4/21 18:38 - Re: Updated: STAAR exam vendor fails LISD students (Anonymous)
2016/4/21 7:23 - Re: Updated: STAAR exam vendor fails LISD students (Anonymous)
2016/4/20 22:46 - Re: Updated: STAAR exam vendor fails LISD students (Anonymous)
2016/4/20 20:44 - Re: Updated: STAAR exam vendor fails LISD students (WhosPlayin)
2016/4/20 18:31 - Re: Updated: STAAR exam vendor fails LISD students (Anonymous)
2016/4/20 9:52 - Re: Updated: STAAR exam vendor fails LISD students (WhosPlayin)
2016/4/20 5:54 - Re: Updated: STAAR exam vendor fails LISD students (Anonymous)
2016/4/20 1:55 - Re: Updated: STAAR exam vendor fails LISD students (Anonymous)
2016/4/19 23:00 - Re: Updated: STAAR exam vendor fails LISD students (Anonymous)
2016/4/19 21:30 - Re: Updated: STAAR exam vendor fails LISD students (Anonymous)
2016/4/19 20:37 - Re: Updated: STAAR exam vendor fails LISD students (WhosPlayin)
2016/4/19 19:14 - Re: Updated: STAAR exam vendor fails LISD students (Anonymous)
2016/4/19 18:55 - Re: Updated: STAAR exam vendor fails LISD students (WhosPlayin)
2016/4/19 18:38 - Re: Updated: STAAR exam vendor fails LISD students (WhosPlayin)
Re: Michael Burgess Misleads Constituents at Taxpayer Exp...

Poster: WhosPlayin  Posted: 2010/9/29 8:59:31

I'm not saying that lying is a uniquely Republican tactic, or that you have to lie to be a Republican. But these days, if someone is telling a whopper, or just misleading people, it's very likely a Republican. It seems there is almost no shame anymore in just flat out making shit up, or selling a false narrative.

I know there are those who view the tax system as "punitive". I don't. That's not the point of taxes. Although I believe in a progressive tax system, I strongly believe that everyone needs to pay a share and take some ownership.

As far as paying based on resources one uses - maybe that's not the best way to look at it. Without a strong, stable, functioning government and all of the services it provides to keep society functioning, the net wealth of the country would be tiny. So to achieve wealth here may not necessarily rely on direct government services, but is enabled by the stability and education and affluence of society at large, which has progressed because of the shared values we manifest through our government. So, I think it's fair to have a bit of a spread so that those who can afford it more pay a larger share.

Again, it's not punishment, and we don't need to go back to the old confiscatory rates. But it's more than reasonable to look back and see where the rates as they were set back in the Clinton years, when everyone was making money and we had a budget surplus to pay down debt, and think that we went wrong.

Being a believer in Keynes, I think it's good (at the Federal level only) to pile up reserves during good times, then spend down in hard times. You need tax rates a bit higher during good times when people can afford it, so that you can afford to lower them as stimulus during bad times. The problem is that for Republicans, they don't follow through on raising them back up to meet the need. Even Democrats rarely have the courage to say "now is the time". So there we were, having cut taxes to an unsustainable level in the middle of two wars, and we find ourselves facing the deepest recession since the great depression, and we have no reserves - only debt. We have no wiggle room in the tax rates, because they were already at unsustainable low levels.

Now conservatives rightly seek spending cuts. I'm all for continuing to seek efficiencies and cut waste, but even the Republicans can't find enough to cut to balance the budget - and I don't trust them not to cut safety-net expenses I consider vital.

That leaves us with the only real option, which is to raise taxes.

Given that tax cuts for the wealthy are poor stimulus, and tax increases for the middle class are chilling, I only see the one option in the short term - raise taxes for those who can afford them now, then come back in a year or two when unemployment has come down, and raise the lower levels.

Of course, the chance of that happening in today's political climate is nil, I think.
Post Comment
Comment Rules*
Comments by registered users are always approved
Title*
Message Icon*
       
Message*
URL Email Images Inside images Smiley Flash Youtube Source code Quote

Bold Italic Underline Linethrough  Left Center Right  


Click the Preview to see the content in action.
Options*
 
 
 
Confirmation Code*

Click to refresh the image if it is not clear enough.


Input letters in the image
The code is case-insensitive
Maximum attempts you can try: 10
 

The Lewisville Texan Journal is a service of SagePost, Inc.
Login to Comment
User:
Pass:
Remember me
Lost your password?
Create New Account