http://www.nytimes.com/2012/03/17/opinion/a-republican-talks-sense-on-taxes.html?_r=1&ref=opinion
Money: It's the number one thing that most couples will fight about which most likely leads to a break up or divorce if not handled properly. To be honest, there is no proper way to handle money. Congress creates an excellent example, in which they can't find a way to balance their budget without causing a federal debt or have a bigger deficit than revenue. In this New York Times editorial, the writer talks about a new bill that was introduced in the house to raise a surtax on those incomes who exceed one million dollars. "Representative Rick Crawford, a freshman Republican from Arkansas, says the only serious way to begin cutting the deficit is to combine new tax revenue with spending cuts." Easier said than done. The bill would require the government to come up with a balanced budget for the fiscal year, which would be difficult to determine seeing how this country is suffering from a recession. Representative, Rick Crawford from Arkansas, has been criticized for this proposal due to the fact that he's a Republican and the Democrats dominate the House currently. Grover Norquist said Crawford would be in violation because he did sign the 'no-new tax pledge' when he was running for a seat in the House. But Crawford is more concerned with the amount of federal debt than with the voters' perception. No one else in Crawford's caucus will not take him up this offer and ultimately this could lead to another government shut down if the issues over the new unveiling of the budget aren't resolved.
I have to give Crawford credit, at least he is trying to come up with a plane that may pertain to the government's lack of responsibility for its expenditures and revenues. On the other hand, his plan is somewhat unreasonable because to ask the government to come up with a balanced budget for the year is like asking a two month old to comprehend the concept of walking and do it. It's not going to happen or if does, none of us will be here to witness it. Taxing the rich though isn't a bad idea. This has caused many concerns for Republicans and Democrats alike because the question is not if they can do it but is it fair? Personally, these millionaires, even billionaires are able to shell out a little money to support this nation's debt and it won't hurt them. On the other hand though, it is their money and they have been successful enough to earn that sum of money and it is theirs. It's a tough call and if I were sitting in Congress, I wouldn't know what to do.
It would probably be best for Congress though to find out where they spend the most money and why. As we learned in Chapter 14, Congress tends to spend most of the budget on Social Services to support those who have retired. But why are they spending so much on these people? Like the government, people should be responsible for putting away money for when they retire and balancing their revenue versus their expenditures. In comparison to fifty years ago, more people find themselves in debt than they did in the sixties. Instead of supporting those who have retired by raising the tax on the wealthy individuals, the government should issue programs that would help individuals to balance there budget so they can retire without having to worry. But as for now, the government's focus is not placed on things like that and they we'll just have to find a decent and ethical way to maintain the budget.
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