Train in Emmaus

Train in Emmaus
Life is moving like a . . .

Monday, April 25, 2011

Taxes

Taxes, where do we pay them at? Do we pay them at the Federal level to be distributed around the country or do we pay them at the local level where they should know where the needs are? That should be the real question here. Where do we pay our taxes?

The Bush administration lowered taxes as a so called stimulus. (Economists continue to argue about the implications of tax rates and economic stimulus.) But the local governments relied on grants from states that in turn received funds from the federal government. But once those funds were no longer available, state and local governments need to raise their rates.

Reduced taxes at the federal level will only mean increased taxes at the local. Maybe that is a good thing. I would hope that municipalities know what is needed in their own neighborhoods. I'm all for raising taxes, but at the local and not the federal level.

Just my thought.

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