america needs less government spending not new taxes
Posted in the Hollis Forum
Since: Jul 12
#1 Nov 26, 2012
There is an axiom in economics which states.
" WHAT YOU TAX YOU GET LESS OF, WHAT YOU SUBSIDIZE YOU GET MORE OF"
We have too much city state, county and federal government cost too much or taking too much money out of our economy.
For the past 60 years government has been growing adding programs, offices, departments, cost over head but government never cuts, closes, sun sets any program they just keep draining the money out of our economy.
Nashua now funds over fifty social agencies at a cost to tax payers of $975,740.00 this years and going up next year.
NH had been running the 60 mile toll road system with one manager for years, recently I noticed they now need one manager and six assistant managers to do the job one man was doing for years.
Do you know how many American cities are now in bankruptcy court?? how many states are about to go into bankruptcy court unable to pay bills they have accrued by SPENDING OR PROMISING TO SPEND TOO MUCH.
One city NYC, NY has so many taxes they are now considering a lap dancing tax??? Now if that isn't the sign of mismanagement I don't know what is.
NYC has driven out many wealth people by just over taxing wealthy people. Guess NYC doesn't realize that wealthy people can afford to live anywhere they want and if you over tax them they will leave the city or the state, Just ask Maryland, CT, MI, IL and the other states that have seen the well to do leave to do better someplace else.
Maryland still hasn't recovered from the loss of jobs & income tax revenue the wealthy took when they moved out of maryland after the state raised income taxes on wealthy 5 years ago.
Lets start cutting back the size and cost of government. our local, state or national economy won't or can't grow when government takes to much of our national wealth to waste.
bet we can survive funding just 5 social agencies and firing 6 assistant toll road mismanagers.
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