Give Me a Break
First of all, let me apologize for the plain layout of this blog site. I need to take time to figure out how to use the whistles and bells. Anyone with advice, please leave a message!
On Saturday I received a letter from the IRS informing me that I can expect an $800 check from the IRS in two weeks. There are those who would say I should thank George Bush for this windfall--for being allowed to keep more of "my" money. But let me tell you how I will be spending this $800.
Due to state budget cuts in education (and everything else), my property taxes will increase from $200 to $300 this year. While the property tax rate has only increased .15 percent, the assessment of my property has increased by $50,000. Meanwhile, the yearly property tax relief rebate has been slashed by 50 percent, which means instead of the $600 I received last year, I can expect $300. New Jersey has imposed a 7 percent hotel tax. I estimate this will cost me $30 per year. So far, that accounts for approximately $580 of my $800 tax rebate from Bush. I have little doubt the remaining $220 will be eaten up quickly as I pay increased fees for this or that at school for my three boys.
Meanwhile, Bush has failed to deal with the looming natural gas crisis that Alan Greenspan keeps warning us about. It remains to be seen how much it will cost to heat my home this winter. Bush has decreased money available for grant programs in a year when college tuition is skyrocketing. He has exhausted the Social Security "surplus" (what I wouldn't give to have a President Gore talking about how he has put the money in a LOCKBOX). Under Bush, the national deficit has escalated right alongside spending.
What bothers me the most about this tax rebate is that I am getting one while other families who also have three kids are not because they fall in that lower tax bracket that Tom DeLay considers 'undeserving.' Is it the factory worker's fault that we place a higher value on computer technology skills than his manual labor?
For all the Republican talk about poor people not deserving rebates because they don't have to *pay* taxes, there's a failure to acknowledge that the reason these people are poor is because of the way we compensate people for their labors. A car that's not assembled properly won't run regardless of how advanced its computer system happens to be. People who work full-time in the IT industry, like my husband, rarely have to worry about healthcare, which is provided. But people who work two part-time jobs to try to stay off welfare find state-sponsored health programs for their children being cut. No one should have to choose between having three meals a day or getting their strep throat treated.
This tax revenue being refunded could have done so much good for this country. We could have improved our schools or made college more accessible for the less fortunate or created more affordable housing or supplemented daycare fees so that some on welfare could afford to work.
Instead, the people who need it most to improve their lives, which improves our economy, won't be seeing a dime. All this money is going back into the hands of people who will use the money but would do just as well without it.
Hopefully charities will see a benefit from this tax refund as the wealthy consider making tax-deductible contributions with it. But I suspect that a large portion of it has already wound up in Bush's $41 million and growing campaign war chest.
4:34:29 PM
|