Coming up next...cut expenses
Whether that is good or bad remains to be seen. Of course, middle-income families will continue to get the Bush tax cuts and many of those are small business owners who hire people and can help keep the economy healthy.
The so-called "ultra rich" above those income levels who also help the economy a lot will pay higher taxes and that is expected to reduce the health of the economy.
At any rate, our democratic processes allowed the outcome and it remains to be seen how much the economy will be affected. One benefit is that if the effect is detrimental to the economy, those democratic processes will be able to redo the income tax road map.
Now that the main sticking point has been settled, Republicans in Congress are expected to demand that government expenditures be reduced. If the Democrats refuse, as expected, there may be a reshuffling of the deck on the income tax increases.
It remains to be seen how the final deal will work out. If the tax cuts agreed to at this point are allowed to remain and a significant amount of federal expenses are eliminated, the nation may remain healthy. But if expense cuts are not made, it will not be.
So the solution is to reduce the cost of federal government by making those cuts. Some of the excesses that would be cut could be filled in by getting states and municipalities to provide more governmental necessities in the country.
The United States has become a very big bureaucracy that is very expensive to handle. With the states and municipal governments handling more of it, economies could result by cutting out some of the expenses not needed by some states.
It makes sense to fit the services to the needs of the people. And weíre sure the 50 states can find savings in their provinces that the federal government canít.
The answer to the overall problem could be a slight increase in taxes and a cut in expenses by eliminating unnecessary federal expenses and letting states and municipalities pay for some of their own governmental needs without the overwhelming expenses of a national bureaucracy.
Former Destrehan High School teacher Shelley Dufresne, who pleaded guilty to having...
Hahnville High School-based Otto Candies has made state tournament runs before...
Cynthia Creecy and Wanda Blue had more in common than most people can ever imagine....
Christi Fraychineaud's fellow teachers at St. Rose Elementary School are trying to...
Without a tax increase, St. Charles Parish Council could be dealing with a...
An Edgard man accused of making threatening comments to police officers through...
Today's Car Care is the name people trust when it comes to outstanding tires and automotive service in the River Region and beyond.
Traveling food bank feeds 450 households a month in the parish - 882 views
Many in St. Charles Parish donít have to go hungry thanks to the Second Harvest Food Bankís Feeding South Louisiana Mobile Food Pantry.