There are those in Congress who think that you cannot give income tax relief if it is not paid for. Now, taxpayers like me would say that doesn’t make any sense. Not paid for? The gov’t is not giving any money to taxpayers. Income belongs to the taxpayer. And the taxpayer gives money to the gov’t via taxes.
But you are not thinking with the correct mindset. Those with this mindset thinks any income the gov’t doesn’t receive via taxes is a cost to the gov’t. A Congressman actually said this. Therefore if tax relief is a cost then the gov’t has to get the money from somewhere else other than taxes. Got it?
If you don’t get it then think of it this way: You are an employee and your boss has announced there will be no more raises until business improves. Until you get paid your paycheck or bonus is the property of the company you work for. It controls your pay. Certain Congressmen think they are your boss. That the money you give to the gov’t via taxes is their money or the government’s. Not yours. Tax relief in their eyes is a raise for you. Understand now? Kind of confusing huh.
If this a strange mindset for the everyday person it is not for those in power who have this mindset. It completely makes sense for them. And there’s the rub. This mindset is not strange for them.
Tuesday, December 14, 2010
Strange Thinking…Or Maybe Not
Posted by Andy at 10:23 AM
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