Posted on 08/29/2004 9:05:40 AM PDT by JesseHousman
This letter describes my perspective on jobs and taxes as they relate to the upcoming Presidential election.
Point 1: The entrepreneurial spirit of this capitalistic society is fundamental to the long-term success of free enterprise. American entrepreneurs, not the government, must drive the need for specific types of jobs. Too much intervention by the government will lead us to socialism. Socialism did not stand the test of time for communism, Marxism, Leninism, or Maoism, and I do not wish it for my heirs or the future of the United States of America.
Point 2: The days of an isolated American economy are history. Communication, technology, and transportation advances have pushed change toward a global economy. An American attitude of hoarding the world's wealth and most of the good jobs cannot survive the test of time. We need to work with other nations of the world to improve the global economy.
Living like an ostrich with our head in the sand will not save us from the rest of the world. (A similar point is appropriate for the war on terror but that is a topic for another day).
Point 3: Moving jobs offshore is inevitable. If jobs demanding a salary of $3,000 per month in the United States can be performed for $300 per month in another country, they are gradually going to move offshore. Should the government give the employer a $2,700 per month tax incentive to keep the job in the United States? I think the tax dollars would be better spent on stimulating the American economy to create new business ventures and new jobs for Americans. Hence, tax breaks make sense for those that will reinvest the money into new business ventures.
Point 4: Many of the people that have demonstrated a creative entrepreneurial spirit are the wealthier people in this society. These people turn tax dollars into new job opportunities. Sure, some less wealthy people have great vision and entrepreneurial talent, but they become wealthy because of it and need to be allowed to continue their contribution to America's economic growth. These people are shaping America's economic future as they pursue their "American Dream."
Do people really believe heavily taxing the wealthy to fund government programs will better stimulate economic growth? I contend many with this view are uninformed or simply envious of the wealthy.
In conclusion, I want to personalize this message. As the son of a railroad worker I was raised in a home with little money and lots of love. My father pushed his children to get a college education so we would have a better life financially.
I have worked hard and tried to maintain the highest degree of integrity, finally achieving a middle management position with a manufacturing company. As a middle class American John Kerry seems to want me to have a larger tax cut than business leaders that have more vision and entrepreneurial talent. I wholeheartedly disagree, for the future of America.
I hope that many readers will think it through, agree with my view, and cast their vote to re-elect President George Bush for the future of America.
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Only elitist, pinheaded limousine liberals and gigolos who marry ketchup heiresses feel this way.
Some of these dolts believe that they have amassed so much wealth that eons would have to pass before their heirs would suffer.
Meanwhile, they only want to grab onto more of your hard-earned dough to feed the gargantuan monster they have created.
Let's see if I read you correctly here.
Addressing "taxes and shared responsibilities" as a nation should mean NOT treating income with various sets of draconian tax tables.
It is interesting to note that the tax code is used to beat performance with a blow to the head. Serfs in medieval England were taxed at a much lower rate than American wage earners. We must be aware of the fact that we are taxed in so many ways that the uninformed fail to recognize these additional taxes.
"An American attitude of hoarding the world's wealth and most of the good jobs cannot survive the test of time."
Please take what I say with a grain of salt but this logic is twisted to me as I read this letter it states that America as a country is wealthy and therefore should give away some of its stuff (see quote above). Yet individual wealthy Americans should not give away more of their stuff (as compared to poorer indivdiuals).
So, why one standard for the entire country and another for the country's individuals?
I believe this should have been added to the foregoing sentence in order to make capitalistic sense out of the thought.
Although I agree with you as to how Taxes shouldnt be treated....thats not what I was refering to in my post...I was talking about "money"...what is money and what is its purpose?.....Did you read the Greenspan article?..do you see a different philosophy applied to "money" today?...do you know what "fiat money" is?
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