Oak Ridge
UKC Forum Member
Registered: Aug 2003
Location: Indiana
Posts: 6168 |
Okay, time for another question....
So to everyone who thinks that the "rich" should pay a larger percentage of taxes...do you have children? If you have children, do you pay them an allowance?
Here is why I ask those questions. Lets say that I have a son who is of the age to do some chores around the house, and in return I give him an allowance of $5.00 a week.
Before the end of the first week my son tells me that he has already spent his $5.00 and needs an "advance" on next weeks allowance. Being a good Dad....I reach in my pocket and "advance" him another $5.00. However, an Friday of the first week, my loving son expects that he get his allowance again. I pay him his second weeks allowance, but in the first week, Jimmy has spent quite a bit more than he has coming to him.
Now being a good Dad...I talk to him about responsibly spending his money, and telling him that he has to watch his spending and "live within his means". He says that he understands, but at the end of week 2, he is overspending again. I've paid him a months worth of allowance at the end of two weeks.
Again, I have to set my son down and have a man to man with him. His response is "Dad...you make good wages, heck your RICH. You can afford to pay me at least twice what you are paying me now. Being a loving and benevolent Dad...I agree...and decide to pay him $10.00 a week, I mean after all I am giving that much to him anyway.
Well, things go along great for a few weeks, but Sonny boy has forgotten about his deficit spending, and now he again is asking for me to loan him money before allowance day, but he still expects his allowance each week.
At the end of the year, his allowance income is right at $500.00, but he has spent $800.00. Again, he comes to me with a request for an allowance increase. He wants me to give him MORE money, and uses the logic that he has been spending more than he is taking in as justification for his request that the "rich" pay him more.
I am torn, but relent. This goes on for four years, and at the end of the four years Sonny is now spending at the rate of 600.00 a month, while his allowance is about $100 a month. Over the four years he has amassed a deficit of unbelievable proportions. When he is approached about the deficit, he agrees that he will pay it back, but he can't afford to pay it back all at once, so can he pay it back over time. I agree, but the realization hits me that he will moved out of the house and on his own before I get my deficit back.
In order for the debt to be paid, Sonny's little sister has to take a reduction in her allowance. Since the allowance fund for the family is running on empty...
Now this is a simple view of deficit spending. For everyone involved in this conversation that feels that "the rich can afford to pay more taxes".....I ask you what would happen IF the government was required to have a balance budget? What IF the federal Govt. spent only what they took in?
I am NOT opposed to tax increases, I think the timing is horrible right now because we are in a very fragile recovery period from a deep recession. History proves that tax increases during recovery periods is a recipe for further recession. However, I am not in favor of anyone paying more taxes without a reduction in spending
The problem is not that we are not collecting enough tax revenue...the problem is that we are spending more than we are taking in.
Few among us would allow our children to behave in this manner, I just can't understand why ANY of us would allow our government to....
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Joe Newlin
UKC Cur Advocate
Home of Oak Ridge Kennels
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