Tax Cut Triggers
To bad the majority of Republicans and Democrats
listen to the lobbyists instead of the people.
March 9, 2001
A trigger on monetary policy is an excellent idea.
Any plan to have a trigger in place to institute future tax cuts
is such a logical idea it should require no debate.
If
you feel that triggers
must be debated try this; ask your banker how many checks you can write
beyond the amount of money you have deposited in the bank. Write a
check for more money then is in your account and the bank will inform
you that a trigger point has been reached (with penalties).
The average person with a surplus in their budget would surely
choose to pay for present needs and past debts before considering other
alternatives.
What happened to the issues of Social Security, Medicare, our
schools and infrastructure? These have been the problems before us for
the last decade but no longer seem to be part of the debate. Why? Did I
miss the miracle that took care of these problems?
Is Social Security fully funded now?
Has the prescription drug problem for Medicare gone away?
Have our roads, highways and schools been brought up to standard?
Is our national debt paid off?
If
any of the
aforementioned problems still exist then we most definitely need a
mechanism for triggering a stop to tax cuts.
From newspapers and magazines I have read our old problems are
still around. These are still priorities for the majority of American
people.