If ever a situation pointed to the need for tax reform, the current budget bill debate is it. While the two may seem unrelated, they are not. The existing process promotes shifting the focus from spending cuts to revenue. The real issue is not revenue stream, the issue is that politicians spend more than the system provides by continuing their “pork barrel” politics to win re-election.
Nothing has changed in nearly a century; the Republicans want less taxation on the wealthy and use the economy to scare voters, while Democrats promote more taxation on the wealthy by scaring the poor and middle classes. Therefore, is it surprising that the so-called “fiscal cliff,” which was enacted during a previous budget battle and likely designed to provide political cover for future battles, is now the “enemy” of everyone?
Once again, the media tell us “Rome is burning.” Meanwhile, the people we elected to lead this nation “fiddle.” It is time to abandon the budget bill posturing, hand wringing and predictions of fiscal doom to enact a tax code that is fair, exempts no one, and does not require yearly change. Perhaps, then, the people that put us in this mess can focus solely on curbing their uncontrolled appetites for spending other peoples’ money.