House hold income slipped dramatically from 2007 until the
present. Families have less to spend and given the constant
increase in prices for necessities even buying necessities
present challenges. We learn daily of our politicians and
lobbying groups calling for tax increases for: infrastructure,
education, environment and prisons to name a few. Senator
Hollings wants a value added tax slapped on everyone and
everything.
Of course, each additional tax subtracts from what families have
to spend on living, driving their living standards even further. First we need to make sure our current taxes go
to programs that most need them. It is called prioritizing.
Everyone, every business does this when the funds don't cover
the "wants". Second, we must not snatch more from hard pressed
families.
And third, anyone who wants to raise taxes for a specific need
ought therefore identify which current government program
should be terminated to pay for it. The legislature then, if
they agree, drops the low priority program and funds the higher
priority one.
For instance, the South Carolina Chamber of Commerce is lobbying
hard for taxing gas to fund infrastructure improvements. They
should at the same time lobby for the state program they want
cancelled to pay for that.
Of course, the Chamber would catch hell from those who like the
low priority program and would have to defend why it should be
terminated.
My guess is that will not happen either with the Chamber or any
legislator. They do not want to take grief but do want to feel
the kudos of those who get the tax increase and who are probably
financial supporters of the Chamber or the legislator.
Do not raise taxes and punish the middle class who are
struggling to stay above water. Chop the less useful programs
and fund the most useful ones.

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