tax
[taks] noun
Where do taxes fit into the budget process? We tend to analgesia the Federal Budget with our house hold budget and in some ways it carries over. If we have a budget problem at home, we must either decrease spending or increase income in some category(either borrowing or earnings.)
The Federal Government, Same thing.
However if we change our thinking just a little to say "The Budget Of The United States." That is the countries budget, we can see that when we tax it's not an increase in income at all. It is then more as if I had taken a little off of the "Kids lunch money" line item and put it onto the "Dad's Pizza" line item. Some one ends up going hungry, with no change in top line or bottom line.
Tax Increase Does Not Equal "Income" Increase
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