Wednesday, January 18, 2012

10% Income Tax Cut Across The Board!


Could it be true I will have more money to spend because the State is asking for less from every Income Tax payer?  

The provision, proposed for my State’s Fiscal -Year 2012 budget, is the leading news item this morning.

Haven’t seen the details; television news and talk show personalities repetitiously embedded the scant and somehow provocative information in my brain as I fixed my morning coffee. 

No I’m not happy!  I’m chagrined.

How in the world will the government function for the benefit of every sector of the population with less income -10% less?  Times are tough, have been tough for several years now.

The unemployment rate in the State is above 8%.  That’s a lot of people not working, not bringing in a paycheck, men and women who used to have jobs, health benefits, savings plans, a means to provide for their families.  Keeping hope alive in the household where the breadwinner is unemployed or underemployed is vital for healthy communities and to realize a high level of student achievement in the school systems.  Optimism and consistent supportive attention to education is difficult to maintain when the tragedy of job loss drives what happens behind the closed doors of home.

Thinking about it, no doubt there will be a Job Development Initiative in the 2012 fiscal plans for my State.   My government leaders must know JOBS are the critical necessity, not a 10% reduction in income tax receipts.

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