Some of our relatives passing through from the beach stopped for an overnight respite. They left with us some consumables not suitable to continue the journey. Among those items was a half-gallon bottle of Mott’s apple juice “beverage”. It was labeled for “tots”; however since they had no “tots” with them the appeal must have been the 40% less sugar prominently shown on the container. Understandable, but...
When
I later tried some after they were gone, the taste encouraged me to investigate
further. What Mott’s did to achieve their sugar (and calorie) reduction was
simply to add (40%) more water to the reconstituted apple juice, which they
proudly explained on the back label. They also, as an aside, added a premium
price.
This,
of course, begs the question; why doesn’t the consumer buy the less expensive
100% apple juice and just add their own water, getting more for less? Why are so many people willing to accept a
explanation when it blatantly works against their own best interest? There is
a lesson in here and I couldn’t help but find it Trump related.
Last
week Trump unveiled his much anticipated “tax plan”. I worked in the tax field for 32 years and
this one was different.
Every
Administrative proposal for a new tax bill has looked like a novelette, which
might still appear modest next to the 75,000 page US Tax Code (not counting
regulations). Trump’s was one page,
double spaced with 13 lines of proposed changes, the rest being general intent
and hyperbole. Even then, with all its
vagueness, it still made me gasp.
One
reason I was so taken aback was that earlier in the day a fine, conservative
friend of mine had come up to me and said “did you see how Trump’s going to
lower our Taxes…how do you like that!?!”.
Now
I’m confident he hadn’t read the Trump tax page, rather he probably heard
discussion on talk radio or some other Conservative media source. Still, after
seeing what our President had presented, I couldn’t get my friend’s sense of
glee out of my mind. I couldn’t help but
see him holding up that bottle of Mott’s saying “Oh Wow…look!! Apple juice AND
40% less sugar!!!”
Who’s
to blame, the Administration or the eagerly duped taxpayer? I find myself angry at both. Yes…angry, which
is something I don’t like to be.
Explaining
taxes is very tough. Trying to explain (to name a few proposals) that taxing S
Corporations at 15% benefits ordinary individuals unequally and is a colossal
windfall for the very rich (like Trump, who manage their businesses as private
enterprises), or that there is no such thing as “Death Taxes” (rather Transfer
Taxes - Estate and Gift - that only
affect the very wealthy), or that retaining the mortgage interest deduction
while eliminating other itemized deductions and raising the standard deduction
primarily benefits those people owning mega-mansions would probably result in
blank stares and head scratching.
Instead of seeking to understand, Conservative taxpayers (who may also be socially Liberal) will eagerly
shoot themselves in the feet because they have bought, swallowed, and digested the
argument that taxes, per se, are bad…period.
Let
me speak to that. You believe that taxes are bad because you think they only benefit
some gargantuan government that does little good for anyone and always seeks to
repress the productive individuals in our society. Yes? Let me point out that the size of
government(s) is what it is at any given time and that in a free, relatively
democratic nation you (you damned fool) ARE the Government.
You
view taxes as if you lived in a feudal culture where the Lord’s henchmen
collected from you daily. The fact is that in a dynamic economy the Lords don’t
collect their treasures from you by taxing; they accumulate the wealth made possible by a free, large, and
expensive Nation and make you pay for it, either directly or through debt. Your
debt!!
The
only thing they’re afraid of is that you might figure it out - that taxes are
potentially the great equalizer.
Through
wealth redistribution we could fund those aspects of the economy that benefit
growth, infrastructure and technology e.g. (see http://pennyfound.blogspot.com/2016/12/why-you-should-care.html). Instead you vote as requested, to exempt the
mega wealthy from possibly paying back a large portion of that wealth,
preferring to allow them even greater advantage with each tax bill.
You
willingly allow them to add water to your apple juice and somehow feel you
should pay them for it.
Come
on Conservative America. You may be dumb, but you’re not completely stupid.
Read the damned labels. Allow taxation
on those who can pay it and still remain wealthy. Hang Grover Norquist in effigy. It will create jobs by taking stagnant wealth
and putting it to work. It will curb and reduce debt. It complements the fiscal
responsibility you’ve always advocated.
The
battle should be on what we are going to spend America’s income on, not where
it’s coming from.