Cheryl Moskal’s recent letter on Federal Tax Spending drowns us in statistics. I counted 37, but these old eyes might have missed some. She obviously probes her topics, then packaged in a very Liberal agenda. We have today many trendy social justice advocates who seek a caretaking government as a cure-all. Explaining how Ms. Moskal misuses numbers could take all day. Selecting just a couple might keep your attention:
She notes that the Federal Budget spends only 2.2% of its total on education, “less than other industrialized countries.” The vast majority of schools’ funds come from state and local sources. The U.S. really spends more money per student on education than the rest of the world. See https://www.cbsnews.com/news/us-education-spending-tops-global-list-study-shows/. Whether or not this spending is enough is arguable, but implying that others do more than the USA misinforms.
She also states that in 2018 corporate tax rates dropped 47%. Prior to then, many corporations looked after stockholders’ fiduciary responsibility by moving overseas. Until 2017, the U.S. had the world’s highest corporate tax rates. We now have competitive tax rates as seen in https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-corporate-tax-rates.pdf. The objective is American jobs.
Ms. Moskal continues her envy by following 47% drop with cases of growing corporate CEO salaries and of shares of wealth by the very rich. Considerhttps://www.justfactsdaily.com/support-for-soaking-the-rich-is-rooted-in-media-misinformation/. As Arthur Chapman noted, “Envy is like a fly that passes all the body’s sounder parts, and dwells upon the sores.” She mentions nothing about the huge ownership of corporation stocks and bonds by employee pension funds, nor is there reference to government employees parking their investments in corporate earnings, wary of governments’ trillions of dollars of unfunded liabilities. See https://www.theglobalist.com/u-s-stock-ownership-owns-benefits/.
The current Administration pursues -- fair import/export treaties, lowering taxes, halting illegal immigration’s cheapening of labor, and curbing over-control of enterprise. So the USA now has record low unemployment and record high economic growth. Middle class workers have received their highest wage increases in over a decade.