10/24 Letters: Tax cut perspectives and discontent with legislature

North Carolina’s experience shows how federal tax cuts like those recently proposed by Republican leadership can jump-start the economy. Just four years ago, North Carolina experienced a nearly 7 percent unemployment rate, less than 3 percent economic growth, and was ranked as the seventh worst state for business development. Currently, the unemployment rate sits at 4 percent with economic growth averaging over 13 percent, and North Carolina is ranked as the 11th best state for business development.

What happened? The N.C. General Assembly passed a comprehensive tax-reform package that completely transformed the economy. We created hundreds of thousands of new jobs, experienced budget surpluses and reconnected with our entrepreneurial spirit. America’s economy and small-business owners deserve the same opportunities as North Carolina. Congress should pass tax cuts now.

‘Real’ tax reform

No one likes to pay bills. We like to buy, but when it comes to paying for our purchases, we get upset with the company we owe money to. Taxes are the payment of the bills that our government has incurred. We like the roads, schools, military, etc., that our federal government “buys,” but we don’t like to pay for them. Our elected officials spend money and then tell us that they will reduce our taxes (put the bills on credit) just to get our vote. It sounds good, but it is a lie.

Our national debt is almost unmanageable and getting worse by the minute. And who is the “credit card company”? China. How would you like those guys asking for their money? Every special interest group that gets a reduction (deduction) on their taxes means the rest of us pay more or the debt is increased. When politicians lie about reducing taxes, bad things happen. Real tax reform would eliminate all deductions and budgets would be balanced and make payment on the national debt. Every politician who lies about tax reduction does not deserve our vote – we’re not stupid.

GOP should listen

I thoroughly enjoyed reading “N.C. lawmakers bully democracy with vetoes and inaction” criticizing the pettiness and spitefulness of the Republican majority in our General Assembly as well as “Petty revenge from GOP legislators” (Oct. 19). It’s a great shame House Speaker Tim Moore, Senate President Pro Tempore Phil Berger and the GOP leadership will turn a blind eye and a deaf ear to both.

After all, to the victors belong the spoils and nothing to everybody else, even Gov. Roy Cooper and Attorney General Josh Stein. It’s amazing how so many who are responsible for enacting our state laws can be so obstinate. Let’s hope voters remember a year from now.

This story was originally published October 23, 2017 at 6:00 PM with the headline "10/24 Letters: Tax cut perspectives and discontent with legislature."