Tax cuts for the rich will be paid by our children
Echo- Letter to the editor published in The Herald a South Carolina newspaper: The Rock Hill Herald and The Fort Mill Times.
Tax cut only added to deficit and national debt
The tax cut has been in effect for several months, so everyone has gotten used to having a little or a lot more take home pay in their check, or maybe not. This tax cut has simply added to an already huge deficit and national debt. (Meanwhile, consumer prices have increased especially regarding the costs of medical care and pharmaceuticals.)
If we had an annual surplus, the prudent thing would be to pay down the national debt, but a tax cut could considered, but we don’t — we already had a deficit before this fiscally irresponsible action.
If you could not pay your bill and every month the shortage was added to your credit card, as long as you paid the ever increasing interest, fully intending to leave the principle for your children and grandchildren to pay: would you do that? No, neither would I, but our government just did and plans to do so again. So don’t thank any politicians. Thank your children and grandchildren. You are spending their money.
Patrick White, Rock Hill, South Carolina
The tax cut has been in effect for several months, so everyone has gotten used to having a little or a lot more take home pay in their check, or maybe not. This tax cut has simply added to an already huge deficit and national debt. (Meanwhile, consumer prices have increased especially regarding the costs of medical care and pharmaceuticals.)
If we had an annual surplus, the prudent thing would be to pay down the national debt, but a tax cut could considered, but we don’t — we already had a deficit before this fiscally irresponsible action.
If you could not pay your bill and every month the shortage was added to your credit card, as long as you paid the ever increasing interest, fully intending to leave the principle for your children and grandchildren to pay: would you do that? No, neither would I, but our government just did and plans to do so again. So don’t thank any politicians. Thank your children and grandchildren. You are spending their money.
Patrick White, Rock Hill, South Carolina
Labels: Patrick White, Rock Hill, South Carolina, The Herald
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