Tuesday, February 11, 2014

Issue 269 Don't tax producers February 11, 2014

 
Producers are our farmers, the miners and other businesses that provide us with raw materials that allow for economic expansion. Here I will explain the idea to not tax them based on former presidential candidate Rick Santorum's idea.

Farmers: Farmers, whether industrial or traditional provide food for not just our country, but all countries around the globe. In America, farmers make up less than two percent of the population and yet still produce excess amounts of food that we export to other countries. Yet, the smaller farmers struggle. These smaller farmers who not just produce food, but materials for clothing, fertilizers and other materials from plant and animals struggle day to day with the market. They never know if another group of them will make so much of one particular crop that the price of there own crops may become worthless. There was even one point that a pound of potatoes was worth one penny. Economics plays a major roll in the price of goods from farmers and routinely puts many farmers into debt with no hope of paying it off. As such, by not taxing them, it reduces the chances of them being forced into the poor house. Yes that is correct, by not taxing these individuals (some of them are already receiving tax breaks already) it will allow them to make profit unhindered on their labor and therefore reduce the risk of them falling into poverty. Let us also not forget that by not taxing the farmers, some crops can be lowered in cost which makes them more accessible to people on a low budget like the poor. So there are advantages for everyone.

Miners: By miners I mean the guys (and sometimes gals) who dig up the raw iron, copper, and gold that comes out of the ground. These men and women provide us with all the raw materials that go into our houses, cars, roads and the like on a daily basis. If these people did not do their job, then who knows where our society would be? However, many of these people struggle. These businesses look to find places to mine once their first set of sources dry up. Not to mention they struggle with regulation after regulation all the while trying to keep their working environment safe and stay in business. Let us give these men and women a break and stop taxing them so that they can have one less thing to worry about.

Other producers: Other producers are our axmen who provide us with lumber to build homes and make things like paper. Mills that turn Iron ore into steel. Manufacturers that make parts for buildings and vehicles per customer demand. Basically, any job that makes a product that is not sold at the retail level provides us with the raw parts and materials needed for our economy to grow and strengthen. By not taxing them, we grow our economy, they struggle less with respect to looking for a contract, and it helps to reduce cost on those things they provide us. Again, we all win.

Conclusion: Overall, by not taxing the producers who find and cultivate the raw materials, and make the parts that are to be included into the final product, we give them an edge. That edge is in competing with foreign competitors, and with them being able to focus more on providing their essential services toward the economy. We gain because this makes goods cheaper, and allows start up businesses within this field to have an easier time gaining money and competing with their already established counterparts. So can we not tax these people who break their backs making what we take for granted?

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