Letters to the Editor

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STATE BUDGET: Why continue tax breaks?

Letter by Edgar L. Braun, Graham on March 14, 2011 at 9:52 am with 9 Comments »
March 14, 2011 9:52 am

Re: House lawmakers look askance at tax breaks” (TNT, 3-11).

With our state budget crisis getting worse by the day, I don’t understand the need for continued or more tax breaks.

Since there is little interest by our elected and appointed officials in fixing our budget, I need to ask, “Where is my tax break?”

Leave a comment Comments → 9
  1. “Where is my tax break?”

    Excellent question, where is it? We don’t have a tax revenue problem… we have a spending problem…

  2. steilacoomtaxpayer says:

    Right, let’s cut all breaks like the real estate tax and mortgage interest deduction on federal returns. (Even if you rent you benefit through lower monthly rates) Stop the sales tax break for sales of food. Pretty good ideas?

  3. Looks like another case of Liberal class warfare. “Let’s tax these large corporations in Washington who provides so many jobs.” Let’s tax them to
    oblivion! Oops! “I mean lets tax them so high that they move to another State.”
    Many individuals are incapable of caring for themselves – they should be helped. All others “I’m not my brother’s keeper.”

  4. The problem is not with the tax rates, it is with tax loopholes designed to make the rich richer, and the poor poorer.

    Bank of America has reported annual profits of between30 and 40 BILLION DOLLARS and with the help of 109 tax loopholes will pay NO US INCOME TAX

    That is the real class warfare and it is being waged by the urber-rich’s
    mercenaries know as REPUBLICANS and TEA BAGGERS.

  5. xring, if you file a tax return, tell me that you don’t want a refund. Tell me that you send every extra dime that you have to the treasury to help pay down the debt.

  6. mattersnot1 says:

    xring, You’re oblviously a class warfare person. There is a definite difference between individual wealth and corporate wealth.
    .
    Corporate tax breaks are good for the economy. It allows the corporation to keep the money to create and pay for more job slots. The money paid to employees circulates and creates even more job slots for other businesses.
    .

  7. frosty, the difference between me and BOA, is I actully pay US taxes, They don’t.

    matternot: if corporate tax breaks are good for the country why are we in the economic distress that we are?

    The problems is that corporations not using the money to create jobs here in the USA.

    They are either hording it in offshore tax havens, are spending int to create jobs over seas..

  8. JudasEscargot says:

    “frosty says:
    March 14, 2011 at 11:26 am
    xring, if you file a tax return, tell me that you don’t want a refund. Tell me that you send every extra dime that you have to the treasury to help pay down the debt.”

    Can I answer??? Can I??? Can I????

    When I file a tax return I DON’T WANT A “REFUND”. I read the line where is says “enter amount overpaid“. I want to write a check for $1 to the IRS each year, which means they didn’t get to hang onto my money for a year and not pay me interest.

  9. JudasEscargot says:

    “Corporate tax breaks are good for the economy. It allows the corporation to keep the money to create and pay for more job slots.”

    It’s been doing a jim-dandy of a job for the past 10 or 15 years. LMAO

    Where are the jobs?

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