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I am an amateur writer, I love to blog and connect with people online. If I could my whole day would be spent just writing.

Saturday, August 14, 2010

Anti-taxation and also the de-evolution of America

Too numerous Americans fail to realize the essential role that taxation plays in creating earnings for necessary services. That’s what Paul Krugman writes in the New York Times, and it may be that such concerns are falling on largely deaf ears in America. Cities shut off streetlights that would help curb crime, roads local governments had already spent a good deal of cash on but can no longer manage to maintain are intentionally broken down into gravel and schools are laying off teachers at every turn. Cutbacks run deep, and not enough tea partiers seem to acknowledge that tax dollars could change those fortunes.

Governments are money strapped; where’s the taxation?

Opinions on taxation vary widely, but it cannot be denied that they can generate the necessary revenue for public services. Krugman bemoans a federal government that can manage to issue bonds at 1.04 percent, but not extend ample assistance to suffering local governments. The fed might be doing more to assist. Where is the priority, wonders Krugman. The able rich appear to be more interesting in barding for personal war than actually waging war on behalf of a disappearing America.

Cut out the tax, the service and also the jobs

State and local governments are spending less on nearly anything, which doesn’t bode well for families. America is moving backward, says Krugman, as local and state governments are locking down due to lack of tax dollars while the federal government begins to turn off the stimulus faucet. An employed teacher serves the community and creates a definite job. But you will find no guarantees when it comes to tax cuts for the rich; they may spend it or hide it away.

Assuming the worst about government cash management

There is a definite belief the public section can’t manage money to spite itself. Tea parties scream that waste and fraud are rampant. Krugman suggests it was never as bad as the right made it seem. Considering how far America has fallen in education and infrastructure when fear of new taxation has reigned, maybe taxation shouldn’t have been the focus of the fear. Now, writes Krugman, the fear of taxation may have us on the “road to nowhere”.

Further reading

New York Times

nytimes.com/2010/08/09/opinion/09krugman.html?_r=1 and amp;partner=rssnyt and amp;emc=rss



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