Friday, March 30, 2012

Taxes?

Juan Cole's blog, Informed Consent, talks sense about many things today, but I really like what he says about taxes in his discussion of Mitt Romney's "20% across the board cuts":
Taxes are used for common purposes. They pay for interstate highways, environmental cleanup, and all kinds of national infrastructure. If Mitt gets an extra $480,000 to keep, it is not free money. It is being subtracted from the common pot of money that pays for the things we need government to deliver to us. Mitt’s investments are in companies that need their goods trucked around the US, but now he’s cutting money to pay for road building and maintenance. He’s eating the nation’s seed corn.
It seems bizarre to me that many people can't see this about taxes.

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