Saturday, August 28, 2010

The 2003 (AKA Bush) Tax Cuts

First off, there is a site (mytaxburden.org/) that will help you see how the expiration of the '03 tax cuts will affect you.

Let me be clear, the tax cuts were only a small tidbit of what americans really should fight for. I am a firm believer that income taxes (taxing and punishing productivity while rewarding consumerism) are immoral. That's right. I said IMMORAL. It's wrong to tax productivity as it serves as a deterrent to those who would be productive. It is equally wrong to reward indolence, laziness & consumerism at ANY income level. I'm not saying that people shouldn't consume... but when consumerism is encouraged, it will lead to gross consequences. Consider a parent which encourages their child to eat anything they want, all the time from a very young age. Obesity is likely to be a problem for the child in the coming years. However, if constraint & discipline are taught... then when the child does consume (food or otherwise), it will more likely be handled in a healthy, moderate fashion.

I am not a Bush fan. I really thought he was more than a lame duck in his last term. Like him or not, the Bush we had at the last 5 - 6 years of his presidency was seriously lacking. However, I'd also like to point out that the extreme left & dems are pushing the moniker "Bush" in front of the 2003 Tax Cut plan. Since the Bush name is out of vogue among most political pundits & spectators, those on the left side of the aisle are putting the "Bush" name on anything they want to sweep away.

So, if you comment... before you comment, ask yourself:
1. Have I, ME, MYSELF... researched the information?
2. Is it possible the presentation of the name "Bush" is what is fueling my dislike, distrust or disdain?

As this is planned to be a very brief post, I want to start a discussion... First of all, go to the site linked above (mytaxburden.org/) and fill out the form.

Here are my questions:
Have you done the form on the link above?
Would you mind sharing the results? (just curious)
What are your thoughts on how the expiration of the '03 "Bush" Tax Cuts will affect you?
Do you think these tax changes are right, justified or fair? Explain

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