How About that Tax Cut?
Tax and economic policy is a key contributor to personal finance. And it's important for us to know what kind of policy we're helping enact when we vote – for our economic future and for our country's future. I'm a bit of an enigma when it comes to tax policy opinion. I'm a fiscal conservative in favor of progressive taxation. Irresponsible tax cuts that blow up deficits may win voter favor, but they will be passed on to present and future generations (including ours). That's a real concern for me. As are effective tax rates that are lower for CEO's than their secretaries or janitors. We've seen a major decline to historically low tax rates in the highest individual brackets and for corporations, and the end result has been massive budget deficits and a decline in desperately needed infrastructure, education, and other funding. I wrote about the Republican tax plan in detail prior to its passing. The majority of what was in that article made it made it ...