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Paying for Tax Cuts
Why do politicians ask how you are going to "pay" for a tax cut?
I can understand asking how the government intends to "pay" for a service it plans on offering but how do you "pay" for a tax cut? The entire idea of "paying" for a tax cut just sounds wrong. It sounds as if the money already belongs to the government and that by cutting a tax the government is somehow giving away money that does not belong to it in the first place.
I'm no economist but shouldn't the correct question to ask not be "how will you pay for those tax cuts" but, "how will you pay for those programs?"
I can understand asking how the government intends to "pay" for a service it plans on offering but how do you "pay" for a tax cut? The entire idea of "paying" for a tax cut just sounds wrong. It sounds as if the money already belongs to the government and that by cutting a tax the government is somehow giving away money that does not belong to it in the first place.
I'm no economist but shouldn't the correct question to ask not be "how will you pay for those tax cuts" but, "how will you pay for those programs?"
Comments
I love how conservatives are "Rah, Rah, go America!", but when it comes time to pay taxes, they're like, "Taxes suck! We don't want America to have any of OUR money! Let's privatize everything!"
We live in a society with other people. We've all agreed that there are some things worth paying for with tax money. These things include but are not limited to social security, medicaid, medicare, police forces, courts, schools, disaster relief, OSHA, the FDIC, the SEC, the FDA, maintenance of infrastructure, and many people's all-time favorite, the military. These things are not one-time payments. They require a steady stream of money. Tax money. If taxes are cut, then something that we have decided that we want will be sacrificed if we don't figure out a way to pay for it. That's what it means when we talk about paying for a tax cut.
BUT - if you hate taxes SOOOOOOO much and you want to live outside of society, there's nothing stopping you. Move to the Northwest Territories. You can find a place there to live and happily avoid taxes for the rest of your life. You just won't have any roads, food inspection, police protection, disease control, or many of the other things you ungratefully consume from society.