So I hope that that you had a chance to read yesterday's blog. Now I want to clarify that I don't agree with all of the negativity towards taxes in the article that I posted. I don't like unnecessary taxes but we do demand that our government provide many services, which benefit everyone in the US of A. And we do receive many more services than we did 100 years ago - life was much simpler then.
Taxes should be fair and equitable. Taxes should generally be progressive except for ones like on specific service, such as telephone and cell phone bills and the like. Income taxes should be made simpler and all of the loop holes that the politicians create to benefit their "friends" and those who lobby them. We are losing our middle class and the lower class is growing year by year. The upper class get the majority of the tax breaks and that means they suffer with only four homes and six cars instead of many more.
Politicians should be held accountable. In many states, including Illinois, they approved huge pension increases for state workers, and themselves, without regard to future costs. It got them votes at the time, but now Illinois's pension fund is funded at about 57% - horrible. It should be around 90%. They give themselves other benefits to help reward their supporters. Again in Illinois each state legislator has a $50,000 pot of money that they can dole out each year for college tuition, and this is based neither on need or qualifications! Just help out the folks who helped them get into office by way of large donations. They give themselves raises every year, when most of us are not receiving any or are out of work. I could go on and on in this regard, and will save it for another day.
So anyway, please be active and informed about your local, state, and federal government, and do your part to keep them accountable.
Take care.
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