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Dear Uncle Sam: Please Raise Taxes!

By       Message Robert Sargent       (Page 1 of 2 pages)     Permalink    (# of views)   18 comments

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“Our nation’s leaders are responsible to confront problems, not pass them onto others...”

...“And to lead this nation to a responsibility era, the president himself must be responsible.”

– George Bush (2000 Convention address)


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I’m tempted to stop right there. Really, what more needs to be said? The wisdom is self evident, as is the complete failure of President Bush to live up to his own mission statement.


There is, alas, an element of the debates surrounding the presidential campaigns that is disturbingly absent: Beyond “what” should be done to begin the long, daunting, and in many respects impossible task of repairing the damage of the Bush presidency, is the question of “how?” Specifically, how are we going to pay for it? How are we going to cover the costs for the war we can neither win nor extract ourselves from? How are we going to pay for the care required by our physically and/or mentally injured returning veterans? How are we going to fund health care? How are we going to cover Social Security checks for baby boomers? How are we going to pay for the necessary steps to protect our planet from global warming and other environmental catastrophes? Where is the money going to come from to rebuild our dilapidated infrastructure and to reconstruct after inevitable future storms and earthquakes?

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We are this year, as has been the case for many years now, hundreds of billions of U.S. dollars short of paying for the services we receive from our Federal Government, even as our veteran services, infrastructure, homeland security, FDA, health care, and many other vital and necessary programs and services are severely and dangerously underfunded. The Congressional Budget Office’s official and bogus deficit estimate for the fiscal year ending 9/30/2007, which excludes the stuff that they simply don’t want to count, stands at $158 Billion. To the contrary, the U.S. Treasury’s own numbers show that the actual public debt increased by $473 billion between 09/30/2006 and 8/23/2007. So, unless we experience a surplus of more than $300 billion next month, I’d guess the CBO numbers are a little optimistic (who’da thunk?).


If we aren’t willing to pay for the services we receive from our government now, at the leading edge of baby-boomer retirement with the economy strong and unemployment low, then when will we be?


The presidential candidates (and Senatorial candidates, and Congressional candidates) all speak eloquently about their grand plans and the need to be responsible and demonstrate leadership and tackle our problems. Who is willing to propose a per annum tax increase in the neighborhood of $500,000,000,000?
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I remember Paul Tsongas’ statement when he refused to rule out tax increases: “I’m not Santa Claus”, and I remember Bill Maher’s post-election retort “yes, and he’s not president, either”. I do not believe this county is prepared to elect responsible leaders. We don’t want them. The only way to be true to President Bush’s noble yet thoroughly disregarded creed: “Our nation’s leaders are responsible to confront problems, not pass them onto others”, is to pass a massive tax increase. MASSIVE.

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Robert Sargent is co-owner of a Washington State commercial printing company with operations in Seattle and Redmond. He has an Economics degree from the University of Washington and occasionally plays alto sax with the Husky alumni band. An amateur (more...)

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