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RAISING FUNDS FOR TAX RELIEF

Posted at 12:26 PM on March 26, 2008

 

Taxes are one of the only two things Americans will all face; death being the other.

 

Escaping death is futile so I find the task of tax relief to be much more worthwhile. The government could just cut taxes but that could become harmful.

 

Instead, taxpayers could be removed from a tax burden through an idea I recently came up with. Suppose that a city could start one or any number of businesses with the intent that the profits of said business would be appropriated to the government, thereby relinquishing the American taxpayer of the title “taxpayer.” It may take several large businesses to relieve such a massive tax burden. It may even take several years. Considering those factors, this idea will eventually pay off. Good things come true in time.

 

Of course, the idea sounds great at optimal success. Even if the business couldn’t provide enough relief to completely free us of taxes, any dent would be greatly appreciated. The other thing to be concerned with is that our government could sustain itself well enough, although it wastes enough money to make up for most tax problems.

Earmarks are the biggest waste of all in many cases. Over the last few years, media attention over the subject has a lot of people talking. It should be a law that lawmakers not gain any money or wealth of any sort through making laws other than their salary, which is very sufficient in most cases. Non-profit organizations have laws restricting executives from profiting. I would like to consider my elected officials to be the same as a non-profit executive.

 

In our current system, such laws have very little chance of getting passed. Why would our legislature ever let this happen? They would view it as if we were taking money from their pockets, when all the while it would only be putting the money where it rightfully belongs- in our pockets.

 

Matt

Altoona, PA

Categories: Taxes, Jobs, Opinion

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