Tester proposes homeowner tax break
State Sen. Jon Tester, D-Big Sandy, in front of the James and Catherine Bentler home in Billings on Wednesday, outlined federal tax proposals to help homeowners, college students and families.
Tester is the Democratic candidate for the U.S. Senate opposing U.S. Sen. Conrad Burns, R-Mont., who is running for his fourth term. Libertarian Stan Jones of Bozeman is also on the Nov. 7 general election ballot.
Tester said his "Real Tax Relief" plan would provide targeted property tax relief from the federal government, "an idea that has never been tried in Washington." He said the importance of the idea is that it is fair and benefits Montana families and homeowners.
So, Tester wants to cut taxes and increase spending as his platform for getting into the Senate. Doesn't this just sound like Sen Burns's strategy? I'll admit, the tax breaks are different from the ones Burns supports but the strategy is the same. How does this help balance the Federal budget like Tester has been campaigning on? I wish somebody could answer this for me but I'm sure the Tester fanatics out there will just ignore me.
I find the one tax break very interesting.
* Establish a 5 percent tax credit for life for any honorably discharged service member.
As a disclaimer, I will admit this is one that would benefit me personally if they grandfather in anybody that has ever served, but why should a person get this for service to their country? What makes them so special? I served my country for two reasons, one is for the education that was offered and the other was because it was the right thing to do. I am very proud of my service to my country and what I did for my country. I have never asked for any special treatment for this service and I don't think veterans should receive any, unless they were injured while in the service, for their service. I know, I am in the minority on this opinion but pandering to the veterans this way to me demeans their service.
Sorry, I got off track. My whole point here is that Jon Tester is following Conrad Burns right down the same path. Reduce taxes while increasing spending. How does this help Montanans or the country? The short answer is, it doesn't. People need to remember this.
There are three principles in a man's being and life, the principle of thought, the principle of speech, and the principle of action. Martin Buber
When we join/ed, the benefits we receive while in (tax free BAH, ComRats, etc) as well as those promised for afterwards, far surpass the 5% Jon wishes to give us.
When I look at what Tester proposes to do tax-wise, and spending-wise, what sticks out to me is that the tax cut will benefit regular folks, not Big Oil and other big businesses. I think that the tax rate on dividends and corporate profits should be raised back to where they were before the Bushies took over. Why in the world should the tax rate on a working families income be 20 some odd percent, and the profits of Exxon and their ilk be taxed at 15%? the answer is obvious, the owners of Exxon et al donate to Republicans. It's the "gilded age" all over again folks, with Robber-Barons and all. And we have one representing us right now. Time to toss Conrad.