Business CostsOn March 9, in the story concerning the...


March 24, 1993

Business Costs

On March 9, in the story concerning the additional $55 billion in cuts to the federal budget, reporter Karen Hosler referred to the $3.4 billion extension of unemployment benefits as part of President Clinton's economic stimulus package.

Extending the benefits of someone who has been unemployed beyond the normal benefit period will not stimulate the economy.

Extending these benefits will only burden the businesses that supply the unemployment fund with its tax dollars and insurances.

Businesses that are further burdened during these hard economic times -- unemployment insurance taxes were increased one year ago to enable the government to extend unemployment benefits -- do not hire new employees.

In fact, most cut back their payroll. This creates a swell in the ranks of the unemployed, which reinforces a sluggish economy.

Putting people back to work is the best way to stimulate the economy. Employed persons spend more money than unemployed persons because they have more money to spend.

The more wage earners there are means the more revenues the government can collect. The more revenues the government collects means less tax burden on businesses. The less burden on businesses means the more employees they can hire.

It is simple logic: Create a financial strain on businesses that is too heavy, and they will lay off workers (see Boeing and Westinghouse).

Ease the financial strain on businesses and they can hire more workers.

It is true, business owners may profit more, but if they are hiring more people, isn't that what's important?

Our government today is not going to create one job by extending unemployment benefits. I think they just don't get it.

Pete Taylor


Three Times Taxed

Everything has been written about Social Security except as it applies to the self-employed, of which I am one.

I have been a Social Security payer since its inception. I was the secretary-treasurer of a local company when it first came into being in 1935. Hence, I paid my half and the employer paid the other. During the war years I did not contribute.

On my return from the war, lawyers were included in the program. I was self-employed and paid almost twice as much as an employer-employee.

At first, the tax was not so bad. But as the years passed and my practice increased, I paid the maximum, which is now 15.3 percent. I am still paying that.

Being over 65, I now collect Social Security. My earnings are decreasing, but they are still a part of my income, and my Social Security payment increases. The 50 percent of my Social Security payments are now included in my adjusted gross income on which my income tax is computed after deductions.

Thus I am paying three taxes. First, I have to make enough to pay income tax. In addition to that tax, I pay a second tax on my business income. Moreover half -- or possibly 85 percent, if President Clinton and his Congress have their say -- will be added to my self-employed income and taxed again.

I hesitate to say so, but I sometimes feel I should simply stop work, put all my savings in tax-exempt securities and not pay any taxes at all.

Edwin J. Wolf


Mobile Coffins

Several decades ago, there was an outburst of horror about children getting trapped in abandoned refrigerators with snap locks that could not be opened from the inside. As a result, all refrigerators now have doors that can be pushed open from the inside.

I read recently how one of the victims of the Dontay Carter crime spree knew enough to fiddle with the electric wire to the trunk lock to get it to open. Others were not so fortunate The question is: Why don't car manufacturers install trunk locks with a clearly visible internal release lever? Where is the public outcry? Where are the leaders of public opinion?

We're all carrying a coffin around in the back of our cars, ready for the bad guys to imprison us in, perhaps to the death. And the number of bad guys seems to be increasing.

Gerald B. Johnston

Ellicott City

Truth of Unity

I am responding to an article Feb. 14, "Led By An Inner Voice," by Angela Ney. The information and image Ms. Ney presented was as erroneous as one can get.

I had to read the article several times to be sure that she was referring to the Unity denomination to which I belong.

Unity was established 100 years ago as a publication ministry and is known today throughout the world as the "Home of the Daily Word." The Daily Word is a small monthly publication that is read by millions worldwide.

The article mentioned a "miracles manual" and made it sound as if we could conjure up secret potions and possibly even spells, and that we have no control whatsoever over our lives.

Our manual is the Holy Bible, and the miracles here are teachings of Jesus Christ. And yes, we do believe in a personal God.

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