Volume 8 of Your Money Answers – How high is your debt ceiling?
August 19, 2011
1st Principle of a Financial Takeover- Stewardship
September 10, 2011

I know the subject of taxes is on every ones mind after the debt ceiling debate. According to the scripture from Romans 13: 1-7, we should pay taxes and revenues in order to keep the government working. Not only that I agee that we should cut but I also agree that rasing revenues will be another primary source to eliminate our debt. We can continue to cut but if we cut so much what type of benefits will the underprivileged have. There is a responsibility of our government to ensure the underprivileged is served. The rich will find ways to make money but the poor need our  help until they can reverse the chains of poverty. All poor people don’t mismanage money; they are caught in a cycle of trying to surviving. The government can ensure their existence until they are removed from the cycle of poverty.   A balanced government is what we need – for the future is at stake and our competitiveness as a country will recede because we have forgotten about equality. 

 Scripture – Let everyone be subject to the governing authorities, for there is no authority except that which God has established. The authorities that exist have been established by God. 2 Consequently, whoever rebels against the authority is rebelling against what God has instituted, and those who do so will bring judgment on themselves. 3 For rulers hold no terror for those who do right, but for those who do wrong. Do you want to be free from fear of the one in authority? Then do what is right and you will be commended. 4 For the one in authority is God’s servant for your good. But if you do wrong, be afraid, for rulers do not bear the sword for no reason. They are God’s servants, agents of wrath to bring punishment on the wrongdoer. 5Therefore, it is necessary to submit to the authorities, not only because of possible punishment but also as a matter of conscience.  6 This is also why you pay taxes, for the authorities are God’s servants, who give their full time to governing. 7 Give to everyone what you owe them: If you owe taxes, pay taxes; if revenue, then revenue; if respect, then respect; if honor, then honor.

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