BayViewNOW.com
search all things local
     
Blog Home |  Email Author  |  About this Blog       Welcome to MyCommunityNOW - Blogs Sign in | Join

An Author's Perspective


Tax Cuts? Tax CUTS?!

By Ken Brosky
Sunday, Feb 3 2008, 11:11 AM

While you're whittling away the day with your various chores, here's something to think about: How many tax cuts have been passed since the Reagan era?

The answer: None. Because cutting taxes on a budget deficit means the government is simply borrowing money to give back to us. Which means tax cuts are actually tax "Deferments." Every time Congress cuts taxes without balancing the budget, all that money piles onto the national deficit, which will eventually be paid by us at a later date or our children.

The same goes with the Iraq war. We can fight there as long as Bush wants, but the money will eventually come out of our pockets. He is the only president to have ever cut taxes during a time of war, skyrocketing the deficit further in order to deceive the public into believe our current economic system is still "OK." It's not. And when the security bubble pops (i.e. the military industrial complex), things are only going to get worse. And THEN while we're trying to figure out how to pay off our personal debts, the government is going to need help paying off the national debt.

And then what will it do? "Cut" taxes again to increase spending?
 

Comments

No Comments

Leave a Comment

Please Sign In to post comment.

About Ken Brosky

Ken Brosky is fiction author and editor-in-chief of Brew City Magazine, a literary e-zine available online. After graduating with his bachelor's degree in creative writing from UW-Eau Claire, he moved back to Bay View to start his own editing business, continue writing, and establishing himself as a progressive voice in politics.
 
The opinions and views expressed by Community Voice writers do not necessarily reflect the opinions of Journal Interactive, the Milwaukee Journal Sentinel or Community Newspapers. MyCommunityNow.com does not control, is not responsible for, and does not guarantee the accuracy, integrity or quality of, the postings on this Web log. Readers can report objectionable content by clicking here.

Posts

Your browser must support javascript to use the posts pager. Please enable javascript or return to the home page to page through posts.
Newer Older

Tags

Search the Blogs