Nation's real problem is spending, not low taxes

2012-12-03T00:00:00Z Nation's real problem is spending, not low taxes nwitimes.com
December 03, 2012 12:00 am

We keep hearing that the fiscal cliff is coming, and if we don’t do something now, we will go into another recession.

Republicans are being pressured to give in to tax rate increases, yet the Democrats are not willing to tackle entitlement and spending problems.

If we let the rates increase, the government would get about $82.4 billion per year more from taxpayers, which would fund the government for about eight and a half days. The spending will not stop, the debt will continue to increase, borrowing and printing money will continue.

The $82.4 billion per year is significant in the private sector, but is a drop in the bucket for our bloated government, considering its spending habits.

Our government will not allow the producers to produce, and will not stop the spenders from spending. This is just a smokescreen for our real problem -- spending.

- Eric Hoogeveen, Munster

Copyright 2014 nwitimes.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow The Times

Latest Local Offers

Featured Businesses

Submit a Letter to Editor

We welcome letters from readers on any issue of public interest, and make every effort to publish as many as we can and in a timely manner. The Times will publish only one letter a month from a writer, and be sure to include your name, address and a telephone number for verification. Letters should be 150 words or less. They will be edited.

Letters may be submitted:
  • Via our submission form.
  • Via e-mail.
  • Via fax: (219) 933-3249 or (219) 465-7298
  • Via mail or by hand to our offices:
    • 601 45th Ave., Munster, IN 46321
    • 2080 N. Main St., Crown Point, IN 46307
    • 1111 Glendale Blvd., Valparaiso, IN 46383
    • 3410 Delta Dr., Portage, IN 46368
    • Please mark envelopes with "Attn: Letters"

Questions?

Email Editorial Page Editor Doug Ross or call (219) 548-4360 or (219) 933-3357

Poll

Loading…

Does the state do enough to cultivate economic growth in Northwest Indiana?

View Results