November 11, 2017
Cut the Cards, don't Shuffle Them!
Timothy Birdnow
A quick thought; we have been hearing much about how we have to figure out "how to pay for the tax cuts" by our leaders and our media. Somebody explain to me how you "pay for" a tax cut? If you offset a cut with a raise elsewhere you do not have a cut but a restructuring. Restructuring has some uses, but if you want to ignite economic growth you aren't going to do it with a restructuring. A cut means reducing taxes, not shuffling them around like deck chairs on the Titanic.
Precise language people!
A quick thought; we have been hearing much about how we have to figure out "how to pay for the tax cuts" by our leaders and our media. Somebody explain to me how you "pay for" a tax cut? If you offset a cut with a raise elsewhere you do not have a cut but a restructuring. Restructuring has some uses, but if you want to ignite economic growth you aren't going to do it with a restructuring. A cut means reducing taxes, not shuffling them around like deck chairs on the Titanic.
Precise language people!
Posted by: Timothy Birdnow at
01:22 PM
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