18 November 2008

Today at Work... I visited with a gentlemen from Texas

I received a call today from a salesman. We had a nice visit and in the course of our conversation we discussed government. Basically, we came to the basic agreement that most people agree 60-70% on most things. But, politics today seems stuck on the focusing on the fringe or the extreme polarization that is fueled by special interest, money, greed and/or power.

Small business is made up of both Republicans, Democrats or those calling themselves something else. I would contend that most people are better off with a limited government. We need regulation and over site. However, it needs to be limited to the extent that private sector works better than government on most things.

But, our tax policy is day by day destroying the middle class and small business. Our society is fueled by consultants, tax accountants and lawyers, rather than a quality product or service today. The incentive today is to reduce your tax liability rather than focusing on that quality product or service.

We need to knock down partisanship and work together again. We have completed the elections of November 2008. Now, we need to come together and work on the public policy that fueled the rebirth of voter participation. There is a role for government at the Federal, State and Local level, but we need to get back to the roots of limited government.

The private sector needs to get back to providing a quality product and service. However, government is focused on Big this and Big that, while making our tax policy bigger and more burdensome. We sure have come a long way, since 1913.

Our tax policy is the problem. Government has grown too large at the Local, State and Federal levels. Look at the national debt today in Washington DC. Our financial crisis today is certainly rooted in our tax policy. As an employer, I actually pay the government before I pay my employee through income tax withholding and other tax deductions.

The Tuesday, November 18, 2008 edition of The Wall Street Journal features an article titled A new assertiveness on economy. For more on economic policy read Limits: A prescription for economic health.

peace

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