Thursday letters: Perpetual tax cuts are not sustainable
D.T. Siebert’s April 24 letter (“Tax cuts don’t produce prosperity”) was right on the mark. When taxes are exorbitantly high, cutting taxes might boost to the economy. However, once those taxes are reduced, further tax cut after tax cut will not produce the same results.
Perpetual lowering of taxes would eventually reduce taxes to zero, and it should be obvious to all that our governments will go bankrupt long before that goal is reached. If we want good roads, safe bridges, better schools, police protection, public parks, clean water, assistance in all manner of emergencies and all the other services that we expect from our government, then we need to pay for it.
Let me add one more thing: Rather than borrow the money and pass the expenses to our children and grandchildren, we need to pay for it ourselves.
Donald Burdett
Santee
This story was originally published April 29, 2015 at 7:30 PM with the headline "Thursday letters: Perpetual tax cuts are not sustainable."