Letter to the Editor - Reducing taxes benefits everyone

 

 

Dear Editor,

Understand that politicians do not care about what works, only what they must say to stay in or gain power.

We live in a world economy, and the country with the most efficient government wins.

Assume a toaster manufacturing business in a country with a 15 percent tax and no regulations related to health care or daycare and family leave for employees etc. competes with a toaster manufacturer in a country with a 35 percent tax and laws requiring they provide employees with health care, workers comp. unemployment insurance, etc. Which company do you think can sell toasters cheaper and stay in business?

Now, if you own the business in the tax and regulation country, how do you compete? Well, the core of your business is to sell toasters and it doesn’t matter where they are made. You go to the other countries’ manufacturers and contract with them to make your toaster to your specifications. You close your plant and lay off all the workers. You open a website and hire sales people to distribute your toaster through Amazon; Walmart, etc., bingo; your company might make a profit. Let’s hope you gave all those laid-off employees a toaster because they can’t afford one now. They also don’t pay taxes. In fact, they consume taxes with food stamps, unemployment insurance, housing benefits, etc.

Now there are many reasons you would prefer to stay in your own country, language, geography, loyalty, etc., but in a free market economy you can’t survive if another company can sell a product of similar quality and utility for less.

 Let’s say there is a proposal to reduce taxes to 20 percent and make regulations more reasonable.

This could result in toasters made here by workers from here; what’s the problem, who could object? Well, the Democrats – they say all the benefits go to the business, and not the laid-off workers they claim to love. I guess a job is not a benefit.

If you want to tax the poor, then raise taxes on corporations and business. Corporations make “things” like the stuff in grocery stores and gas stations, and poor and rich alike need “things.” Corporations add taxes to the price of the “things” they make, and the poor pay those increased prices the same as the rich.

Don’t listen to the Tester (Democrat) lies about reduced taxes. They will benefit everyone directly or indirectly.

Gary Fitzpatrick

Lewistown

Category:

Poll

How much time do you spend using a computer or smart phone during a typical day?