Sunday, December 3, 2017

Favoring Economic Growth

There is a lot of lying going on concerning the tax revisions being enacted by a Republican Congress. You will undoubtedly read that it will raise taxes on the middle class, and it may. What hardly anybody will tell you is this, from RealClearPolitics:
America is a dynamic country. A year from now, after tax reform passes, many unemployed people will be working again for the first time in a long time. Guess what? They will be paying higher taxes. Than zero. Putting people back to work does that.
Wouldn’t we (and they) rather they were at work, paying taxes for a change? Damn straight, everybody wins when that happens.

Having jobs may even slow the opiod crisis. Employed people aren’t sitting around feeling sorry for themselves, concentrating on their every ache and pain. “Productively busy” is how people function best.