Friday, April 28, 2017

My Take: Taxes

I am not a fan of taxes.

It seems that everyone has a new tax plan. I like hearing that at least some of the plans are to reduce taxes.

How can that be bad?

Having just made it through another tax season, the wounds to my personal bank account are still very fresh. I welcome plans to reduce taxes.

I am patriotic and I pay my taxes, but I know that I would be stimulating the economy more if my tax bite were lower.

Why do some people believe we need more taxes anyway?

I was encouraged by the recently proposed tax reduction plan. Sure, it may not make a lot of sense given that we have a wall rivaling the Great Wall to construct, but if the government can get by with less, I'm a big supporter!

Simplifying the tax structure may actually increase revenue by ensuing that everyone pays their fair share and that the highest per capita earners do not get away paying less than middle income earners.

My Take: Let's reform the tax structure and require government to live within its means.

-- Bob Doan, Elkridge, MD

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