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February 22, 2012

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Letter to the editor:

Keep money within the community

Sean Bradley, Henderson

Saturday, Jan. 28, 2012 | 2:02 a.m.

After reading a recent story about how money being sent to Mexico signals a healthier job market, it caused a great concern about the volume of money leaving the United States. This amount is not reinvested into our communities, nor is it spent locally on small businesses. Those of us with small businesses are taxed to death.

I think our country, in its thirst for taxes, should propose a 15 percent tax on all funds leaving the United States. This would be for Western Union-type companies or pre-paid debit cards. That money should be sent directly back into our communities for our roads, taxes and schools.

I’m sure the Mexican government gets its share of funds that arrive. We need to start looking at the funds that leave our country. This lack of reinvestment hurts our communities, small businesses and everyone who has to pay more taxes because the funds are short.

Discussion: 7 comments so far…

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  1. By staralioflundnv (Star Ali Mistriel-Kogan)
    Jan. 28, 2012
    5:19 a.m.
    Flag

    I applaud Sean Bradley pin-pointing a major leak in our financial system. Grant you, there is nothing wrong with legally coming and working here in the USA. Also, it could even be said it is a noble deed to work here and send earnings back to one's homeland of origin to assist remaining family members' lives, to ease their financial burdens.

    What Sean Bradley brings forward is that these kind people are NOT investing or giving back to the American communities that are supporting them. It is actually safe to say, that indeed, these folks are receiving MORE than they are giving back, thus creating the financial inbalance, and the types of drains on American infrastructure that affect the quality of our schools, roads, governmental services, which now have climaxed in overwhelming debt and crisis.

    Something MUST be done. Taxing money that is leaving this country is the right thing to do. It will begin to bring the needed balance with our budgetary scales.

    Blessings and Peace,
    Star

  2. By PISCES41 (Jim Weber)
    Jan. 28, 2012
    5:29 a.m.
    Flag

    The money leaving this country to Mexico is chump change compared to the money leaving to support our adddictions to oil and illegal drugs. How about that?

  3. By dipstick (dennis williams)
    Jan. 28, 2012
    6:06 a.m.
    Flag

    sean; they are predicting by 2050, half of nevada will be hispanic. they'll be running the legislature and writing the rules, compadre. they wont need no stinkin' badges, gringo.

  4. By lericgoodman (Leric Goodman)
    Jan. 28, 2012
    7:36 a.m.
    Flag

    How about working on the really big numbers, our trade deficits?

  5. By KillerB
    Jan. 28, 2012
    8:20 a.m.
    Flag

    "This amount is not reinvested into our communities, nor is it spent locally on small businesses. Those of us with small businesses are taxed to death."

    Bradley -- you seem to suggest the public has authority over how someone spends what one earns from one's labors. Yet you're already protesting that notion with the last sentence. Love to see your clarification.

    "It is actually safe to say, that indeed, these folks are receiving MORE than they are giving back, thus creating the financial inbalance [sic]..."

    star -- indeed. You seem to be referring to the illegal or quasi-legal living and working among us. People whose paychecks are embezzled for social security, among other mandatory deductions, which they won't collect. Being illegal and all. Remember the basics of human rights enshrined in our organic law, the part about certain "inalienable rights; that among these, are life, liberty, and the pursuit of happiness..." Doesn't say anything about you have to carry certain documents with you to qualify you for membership in the Inalienable Rights Club.

    "The money leaving this country to Mexico is chump change..."

    PISCES41 -- excellent point!!

    "It behoves every man who values liberty of conscience for himself, to resist invasions of it in the case of others; or their case may, by change of circumstances, become his own." -- Thomas Jefferson, letter to Benjamin Rush, April 21, 1803

  6. By Purgatory
    Jan. 28, 2012
    9:23 a.m.
    Flag

    Mr. Bradley,

    My recommendation to you, albeit unsolicited, is you open an Economics textbook and read the chapter on monetary systems.

    Regards,
    Purgatory

  7. By KillerB
    Jan. 28, 2012
    10:44 a.m.
    Flag

    "My recommendation to you, albeit unsolicited, is you open an Economics textbook and read the chapter on monetary systems."

    Purgatory -- Adam Smith is better, and he's the source of all modern economic theory. And he wasn't an economist.

    "The only thing new in the world is the history you don't know." -- President Harry Truman

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