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Where is this tax policy going ?

Posted by: Ken Himmler Ken Himmler  /  Category: Economy and Stock Market

In reviewing the presidents tax proposal and then the Republicans version I 

am convinced that absolutely nothing will get changed for two more years. I understand it cannot be an easy job doing what they do but it sure seems easier to spend than to cut spending. In the end the only way our economy is going to grow is to first have more jobs available. Once this accomplished then it allows more spending which increases money flow. My proposal is to have each politician tie their districts fiscal policy to their own personal income and net worth. What if each politician’s feet were held to the fire. If they overspend their budget then reduce their pay and their net worth by the same percentage. If they come in under budget then give them a bonus on their income by the profitable percentage. Right now if they are in office for four years there is no motivation to do well during that time, unless they want to get reelected. Even so they can just blame the other guy. Just an idea!


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