Since 2003, Congress has spent over $3 trillion on wars in the Middle East, with little to show for it besides the rise of an Islamic caliphate. And if more than a decade at war isn’t enough for the American public, a U.S. Senator from the state of Delaware wants to create a new surtax on the people to fund an escalation of the ‘war’ on ISIS, and at a time when 8 out of 10 Americans believe the Obama administration has failed in his mission to stop radical Islam.
The sad part of course is that Congress has not declared an actual war, and like the immense waste that occurred in Iraq and Afghanistan, who knows where revenues from this tax would really go.
If we are asking our troops and their families to sacrifice, we all should give something to that effort. One way to offset rising costs while allowing all Americans to contribute is a temporary war surtax that includes an exemption for our troops and their families. In March, I introduced a federal budget amendment that would impose a temporary surtax to pay for our military operations against ISIS. When the Senate reconvenes in 2016, I again plan to explore this option. – Philadelphia Inquirer
Earlier this month, Congress passed a $1.1 trillion omnibus spending bill, with billions set aside for funding military actions in Iraq and Syria. Yet we are no longer in any official conflict with either of these nations, so right away the same institution Senator Coons represents has appropriated enough money, albeit to the wrong cause, to fight ISIS and eradicate the caliphate with the aid of Russia and coalition members.
Never let it be said that Congress met a spending bill they didn’t like, and if trillions aren’t enough, simply create a new tax to take money from the people for a war that our government helped create. And with the economy by all indicators in a growing recession, now is not the time to be putting additional taxes on the people , especially when 80% believe that Washington can’t do the job anyway.
Kenneth Schortgen Jr is a writer for Secretsofthefed.com, Examiner.com, Roguemoney.net, and To the Death Media, and hosts the popular web blog, The Daily Economist. Ken can also be heard Wednesday afternoons giving an weekly economic report on the Angel Clark radio show.