Letter to the Editor: The President’s tax plan

The President’s solution to the fiscal cliff is: Congress must first approve the Tax Plan he wants to impose; Then he says he will discuss the budget.

Normal procedure for government is to develop a budget first. Then set the tax rates to pay for your budget. In this economic time the budget to be developed should be very lean with only the necessary line items. Isn’t it time to eliminate the pork and all unnecessary spending (boy am I dreaming)?

If the House and Senate go along with the President’s “solution” they will be imposing debt for generations in the future: $16.3 trillion now and another $ 8 trillion or more in the next four years at the current rate of the President’s spending.

All of a sudden, a trillion here and a trillion there starts to add up to some serious debt.

Mr. President, please let Congress see and discuss you planned budget prior to imposing perhaps unnecessary taxes upon the taxpayers of America in any bracket.

Why do we give billions of dollars in foreign aid to countries that have always hated us and will continue to hate us? Why do we pay entitlements to those that have not paid into the entitlement pool of money?

Wayne Waldack

Marco Island

© 2012 marconews.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Comments » 3

casetermon writes:

Dear Mr. President, I think the best course for the "fiscal cliff" is to "let er rip!". We don't need to wait any longer to pay for the last two wars. The economy will be just fine, the wealthy will regain their fair share of the tax burden and we can move on to more meaningful business like gun control. Thanks.

Sparky100 writes:

Casetermom, I hope you enjoy everyones tax increase, I know Obama will. I hope if you use any S.S. or entitlements you enjoy your reductions, I know Obama will. If you have any connection to our military, I hope you enjoy their deduction, I know Obama will. All because people like you want/ no need the successful people who made this country great to carry the slackers in this country whose need is to NOT work for it. In regards to gun control, criminals and nut jobs don’t care about laws.

casetermon writes:

in response to Sparky100:

Casetermom, I hope you enjoy everyones tax increase, I know Obama will. I hope if you use any S.S. or entitlements you enjoy your reductions, I know Obama will. If you have any connection to our military, I hope you enjoy their deduction, I know Obama will. All because people like you want/ no need the successful people who made this country great to carry the slackers in this country whose need is to NOT work for it. In regards to gun control, criminals and nut jobs don’t care about laws.

Hey Spark, For every slacker in this country there are 1000 people like myself that are gainfuly employed and loving what we do. I could care less about slackers. Not even on my radar. I'll take the tax increase in the spirit of taking one for the team. I did'nt vote for war but I'm a citizen and as so its my job to help pay for it. Yes, Obama will enjoy these improvements. I want him to. I voted for him to do just that.

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