"Joy and pleasure are as real as pain and sorrow and one must learn what they have to teach. . . ." -- Sean Russell, from Gatherer of Clouds

"If you're not having fun, you're not doing it right." -- Helyn D. Goldenberg

"I love you and I'm not afraid." -- Evanescence, "My Last Breath"

“If I hear ‘not allowed’ much oftener,” said Sam, “I’m going to get angry.” -- J.R.R. Tolkien, from Lord of the Rings

Tuesday, January 08, 2019

Today's Must-Read: What Taxes Pay For

In civilized countries, at least, and once upon a time, here in America as well. You're not going to hear about this from Republicans:

Rep. Alexandra Ocasio-Cortez (AOC, for short), Democrat of New York, is the occasion for the discussion, you may have heard. In an interview with Anderson Cooper of 60 Minutes, AOC proposes a "Green New Deal" for moving the U.S. economy to renewable energy in 12 years, funded with a top marginal tax rate of "60 or 70 percent."

Thus, in her first week in office, AOC set conservatives' hair ablaze by saying the U.S. tax structure should resemble something more like the radical days of Dwight Eisenhower. The retired World War II general initiated construction of the now-crumbling interstate highway system in 1956. That national investment paid for in part by a more progressive tax policy has produced untold economic benefits for the country ever since, and explosive growth that would have been impossible without the 41,000 miles of tax-funded roads.

Note the reference to the "now-crumbling" interstate highways system. That's what you get after decades of Republicans holding the purse strings.

Compare to someplace like Sweden:



Also note that Canada's national health service, which pays about 70% of Canadians' health-care costs, is fully funded by the provincial and territorial governments -- and Canadians pay less income tax, on the average, than Americans.
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Food for thought, in the light of the GOP's recent "tax reform" bill.

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