Oct 6, 2011

Even if we pay more in taxes, will government use money wisely?

Guest Column by Craig Keefauver

There has been plenty of debate lately concerning tax rates and the need for people (especially those deemed wealthy) to pay more in federal taxes. Many times the debate is framed in such a way as the following: Would you agree to pay higher taxes if it meant that we could reduce the federal deficit? Or would you agree to pay higher taxes if it would help make our economy grow stronger and get people back to work? I’m convinced that, given these choices, most taxpayers would answer that they’d be willing to sacrifice.

My problem with the premise is that it is fundamentally flawed. I have seen too much foolish spending, waste, corruption and cronyism to believe that those who represent us would use the taxpayers’ monies so wisely as to reduce the deficit or put people back to work.

But first, let’s get one thing straight: The government takes taxes out of my paycheck without me even getting a whiff of it. In my mind, rather than paying taxes, a more accurate description is that the government forcibly takes what it demands. You can’t pay something to the government that you never received in the first place.

Sometimes I don’t consider myself a taxpayer so much as someone whose earnings are confiscated each month. Once it’s taken, I have no control over it, no matter how hard I worked to earn it. We, the taxpayers, must always remember that, without income-generating citizens, there would be no government.

As a taxpayer, take pride in that and accept your responsibility that we must change the current dynamic. In order for any entity to expect someone to invest more in it, that entity must prove that it’s being wise stewards with what it has received. In my opinion, our government has largely been deficient in this area. I no longer have confidence that extra taxes the government confiscates will be used wisely.

The evidence is staggering. The Obama stimulus included $3.4 million to build a turtle tunnel in Florida and $54 million to fund a NAPA Valley wine train tourist attraction. Starting in the Clinton administration, and continuing through Bush’s and Obama’s terms, our State Department has sent $26 million to rebuild churches, synagogues and mosques worldwide.

I have nothing against churches, synagogues or mosques around the world, but these types of projects should be funded privately, rather than by the taxpayers. These are a just a few examples of our money being wasted. There are many, many more.

If you hired an investment firm and found that it was regularly wasting your money, you’d never give it more. We’d all be fools to entrust one more nickel under the present circumstances. To the government, I say, show that you can be a good steward, then ask for more.

Until our leaders prove good stewardship, let the Warren Buffetts of the world throw more of their own money down the drain. How dare they challenge others to do the same. I guarantee that if any of Mr. Buffett’s employees performed as poorly as our government has, he would not only refuse to pay that person more, he would probably fire them on the spot.

It’s time for reasoned and serious stewards to take control of the purse strings. Our government owes that much to those of us who fund the government. Perhaps a solution is for an independent panel of business professionals be appointed to oversee all spending. There are clearly billions of dollars that are flushed down the tubes, and it must end.

If you’re not confident that the current bunch of lawmakers has our best interests at the core of their being, it’s our duty to elect those who do.

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