Every year, consumers and employees look at all the money they pay in taxes and then ask themselves, what do we get for it? They look at the size of the government and all the so called benefits and think, why am I paying all this money and getting so little? Politicians often promise lower taxes, but then find another way to raise taxes, perhaps charging more fees locally, issuing more parking tickets, or not lowering tax rates when gas prices rise. The government receives a windfall and consumers feel they have caught it in short pants.
The Bush administration cut taxes and the economy came out of recession, even after some $7 trillion simply evaporated from the economy after 9/11. they have been promising so many great and wonderful things that taxes will go up again if they are back in office. Well, the American Consumer needs tax relief now more than at any time in the last 15 years.
As people prepare their tax returns, they are very concerned that even though everything is going up in price, taxes are not reflecting their leftover wages, so they feel cheated and betrayed. The government has decided to give taxpayers huge refund checks now to stimulate the economy, but this is not really a gift, because these same taxpayers will pay interest on that money later, consider it a loan, not a gift from the government. . It’s not true tax relief, it’s just a loan from the future or the bullish cycle in the midst of the current credit crunch. Think about this.
