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In regards to taxes, which is more important to you: How it is Raised or How it is spent?

By Wade Henderson
Mar 30, 2009
For centuries governments have had taxation of one form or another. Everyone hates them, but this is the way the government gets money to support the social programs we want to have in our society. Two of the biggest questions have always been what is the best allocation of collecting taxes from the public and then deciding how to spend the collected funds.

One of the biggest hurdles politicians deal with are tax generation and government spending. In times like we are in with increased government spending, this has to mean increased taxes, but who will be saddled with the majority of the burden?

With no surprise is you speak to an individual who does not own of have a significant interest in a corporation, they will want the corporations to carry the burden. If you own a business, you will likely want individuals to carry more.

Since many companies have been starving for work to keep their employees working, many business owners have gone into significant debt in an attempt to breathe some life into their companys. If the employer can make his payroll, employer contributions, rent, insuranceand all else that is required in running a business. Many company owners have been taking losses over the last few years which mean they do not have the available funds to even cover their own personal expenses.

Because of the general attitude of the general public, feeling that individuals that own businesses are rich and well off, people think that companies have lots of expendable cash. This, we all know now, is very far from the truthso who will pay the taxes needed to cover the debt we are incurring with Obama?

Then once all the taxes are collected, how are they to be spent? What is important to us? Do we want to help support the ailing auto industry with the pool or let them fall. How about giving more money to AIG? Is it important to continue to spend millions of dollars on peacekeeping efforts in other countries?

Which is more important to you? How it is Raised or How it is spent?
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