Using our money where it will do the most good!

One of the best lines I heard at the Republican presidential debates came
from Sen. Rand Paul. When he was challenged that his tax plan would
provide less money (I refuse to say "give") for the US Treasury Paul
quickly responded the govt. receives too much money now!

In recent months there has been similar criticism of Donald Trump's plan
that reduces the number of tax brackets from seven to three, all with lower
rates. Critics said it would not provide enough money for the Treasury.

The Tax Foundation warned "the cost of Trump's cuts could easily total
more than $7 trillion over the next decade".  I always enjoy reading how
our money "costs" the government.

The Tax Foundation could have stated, "the savings to taxpayers could
easily be more than $7 trillion over the next decade". But, in
Washington such thinking is unimaginable!

Consider what this shift of $7 trillion from Washington to Main St and
Wall St. would mean which I am sure politicians, bureaucrats and the
Tax Foundation would never consider.

It may surprise you to know individuals and businesses are not much
different than government. We all spend in the same two ways, either 
mandatory or discretionary.  

In our case, mandatory would be housing, food and essential services 
while discretionary would be health care, education, savings, vacations
and entertainment.

For businesses mandatory is operation, facilities, parts and payroll, 
while new products and expansion would be discretionary.

All this spending is done outside of Washington, not by Washington.
The trillions spent by customers goes to businesses and with each 
transaction tax revenue is generated for the cities, states and yes
Washington too, making the "lose" of $7 trillion a hollow claim.

$7 trillion creates not only more revenue for all levels of government, but 
more jobs that comes with prospering businesses, meaning more tax
revenue which has to be factored in as well.

The American people and businesses are the engine of a successful 
economy, and $7 trillion is the fuel that will make the engine run.  

There is no need to send more to Washington when the greatest benefit 
is when it is closer to the people!

Something to think about when a politician says government needs 
more money!







Please add feedback in comments section below, or email ajbruno14@gmail.com "Point of View" blog http://ajbruno14.blogspot.com/