The Mudcat Café TM
Thread #37044   Message #515825
Posted By: John P
27-Jul-01 - 08:47 AM
Thread Name: BS: Tax Rebate - Thanks, Mr. President
Subject: RE: BS: Tax Rebate - Thanks, Mr. President
It seems odd that the Republican party puts itself forth as the party of fiscal responsibility. Every financial advisor you will find anywhere says, "Get out of debt first. There is no point in trying to save money if you are in debt." Cutting taxes and sending out refunds is completely irresponsible while the country is in debt.

Of course, the interest on the national debt is being paid to the same wealthy people who chose Bush to run for president. Paying down the debt is not in the best interests of the very wealthy.

Here are a couple of other reasons for the tax cuts: A cash-poor government cannot afford to hire the staff needed to enforce the regulatory laws that are on the books. This means that big businesses can do pretty much what they want to without too much fear of getting caught, or of being punished if they are caught. A cash-poor government also cannot afford to fund social services, which give poor people something to fall back on if they lose their jobs. Workers who will starve if they quit working for an abusive employer (or are fired) are a pretty good thing if you are a big company that cares more about profits than about people. They tend to complain less, and put up with a lot more abuse.

The idea that tax cuts are for the people is pretty silly. If you want to know who the politicians -- Democrats as well as Republicans -- are trying to please, take a look at where their money comes from.

John Peekstok