Taxes

::Announcement::
Before I begin the post I would like to mention that on Wednesday this week, we at GRCC are heading down to Kalamazoo to witness a speech by John Stossel at Western Michigan University. Everyone is invited to come. Contact Chaz for more information.


It’s no secret that taxes are necessary for a nation to survive. One cannot have a government at all without at least some taxes. Democrats understand this well. What they don’t understand, however, is that taxes are inherently harmful to whatever they are levied on. Anything taxed is something that will be used less. Tax imports and imports will suffer. Tax small businesses and small businesses will suffer. Tax profit and profit will suffer.

Due to Lansing’s refusal to consider budgeting their money effectively, our state government felt compelled to raise taxes. Of course, they had to come up with creative ways of doing this. First they started a service tax, which will seriously harm our service oriented companies (who provide jobs by the way). Still, this tax was not enough so the Dems thought they would continue with their favorite scheme of “taxing the rich” which always leads to a burden on the poor. We now have a tax on investments in Michigan. If anyone makes more than a certain amount of money through investments, this money will be taxed.

Now the Dems set this number pretty high so as to convince the poor that they are not affected, but we must remember that the overall strength of the economy affects the poor far more seriously than the rich. If we have a weak economy, the rich will have a bit less money, while the poor starve and die. But the economy doesn’t survive on handouts to the poor. The economy thrives on big business creating jobs for the poor to feed themselves. This tax on investments means that any rich man with any bit of sense will invest in any of the 49 other states without such a ridiculous tax. This devastates our economy, and makes the poor starve and suffer. The rich will be fine. They just move away and make profit in another state. But if we had been kinder to the rich, then they could have provided jobs to the poor here in Michigan rather than in Florida.

The rich are not obliged to help the poor. We can make no commands to them. But if we provide a good place for their business the rich will be the best thing the poor ever saw in this state. When will we ever give them the respect they deserve for giving us all jobs and health care and wealth that we may one day make it big ourselves? If we continue to tax all the rich out of our state, we will continue to bankrupt ourselves and ensure a dismal future for all citizens in Michigan, rich or poor.