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Taxes

| April 16, 2010 9:00 PM

Reader would rather invest in jobs

Not sure how stimulus works?

I own and operate a local business. I am trying to open an additional business, which was almost ready to open. Instead of it opening this month, I had to pay out an additional $10,000 in personal taxes and fees, on top of the already $14,000, instead of buying the final piece of equipment needed to open.

What does that mean to the lay person?

That money instead, went to the government who then gave it to multiple entitlement entities and various spending, including unemployment insurance.

I and other businesses would have been buying and producing product.

The equipment I am not buying is not having a person or persons building it nor are they buying materials from others for this task, and all of us are not doing the following:

People who would have been hired — aren’t. Those people now don’t have earned income money to buy from other local business the things they might have bought.

Taxes are not being paid to the government from revenues and wages not being made

Sales taxes are not going to the community or state.

Product to be sold are not being purchased which is not creating jobs or revenues from those suppliers.

On and on it goes, but aren’t you glad that businesses are paying their fair share, so those who are not working can continue not working and the government can continue to spend what they did not receive, which they then borrow.

Does anyone reading this have a calculator that will go to a trillion? It is nice to know our tax dollars are being handled by experts, because we business men cannot be trusted to do it. Right? Oh by the way I also have a bridge for sale if anyone needs one.

Len Seltz

Moses Lake