Matt in a Tux

Tax cuts are excellent for a politician's campaign and time in office for two main reasons. First, promises (and follow-through) on tax cuts brings a temporary optimism for those who are in the middle class and below. Paying less to a government, which presumably is being chastised for something unrelated and thus allowing for union of the underpaid masses with the higher paid individuals, excites members of a society. Excitement allows for both a politicians (re)election and for a short-term smooth-sailing ride. This leads into the second reason. When the population begins to question the state of the society, in terms of smart spending and observable improvements, the politician has a fast reply. Just as a mother would tell her insistent child, the tax-cutter is able to claim that there is no money to be spent!

Now start this vicious cycle again. You see there is a need for taxing, but you have promises of tax cuts due to a poor economy. Promises of tax cuts excite, unite and deliver a candidate. Luckily, or at least I hope, new tax policy in this new year will allow for both the cuts needed to move the economy along while also promoting a more beneficent attitude from those who are not as bad off.

I understand this is all well know, i.e. you cannot reduce taxes all the time and still have a thriving state. Perhaps I am simply doing some publicized anticipation of what can needs to happen in the future for this country.