By Glen R. Cook
The United States is facing an unprecedented fiscal challenge, one that has been silently growing for decades. As of 2018, according to CDC data, over 60 million abortions have been performed in the country since the 1970s. This staggering number equates to approximately 16% of the current U.S. population, representing a substantial loss of potential taxpayers. The implications of this are vast and multifaceted, impacting not just our economy, but also our cultural and societal structures.
The Economic Impact of Lost Taxpayers
The primary concern is the economic void created by the absence of these potential citizens. This demographic would have contributed to various sectors as workers, consumers, and taxpayers. Their absence has led to increased financial burdens on the existing taxpayer base. The government's response has often been to increase tax rates, impacting all taxpayers, particularly as inflation nudges more people into higher tax brackets.
Changing Family Dynamics and Workforce Participation
The economic pressure has also transformed family dynamics. In past generations, a single income was often sufficient to support a family. However, escalating taxes and living costs have compelled both partners in a household to enter the workforce. This shift has further social implications, affecting family structures and child-rearing practices.
To mitigate this demographic shortfall, the U.S. has turned to both legal and illegal immigration. While legal immigration often brings skilled labor, illegal immigration raises concerns about the strain on government resources and the economy. The influx of immigrants, both legal and illegal, also brings cultural and societal changes, which can be a source of contention.
Comparatively, countries like Japan and Switzerland have strict cultural and immigration controls to preserve their societal fabric. In contrast, the UK, with its more lenient policies, faces challenges in integrating diverse cultural groups, particularly with differing birth rates and values.
Looking ahead, the U.S. faces a critical challenge. With a birth rate of 1.64 as of 2020, it is below the replacement rate of 2.1, indicating a declining population in the long term. This trend, combined with the fiscal drain from illegal immigration and the loss of potential taxpayers due to abortion, paints a concerning picture for the future stability of the nation's economy and cultural identity.
A potential remedy could involve legislative changes, such as tax incentives or deductions based on one's stance on abortion, aiming to encourage higher birth rates. However, such proposals are not without controversy and would require careful consideration of ethical, moral, and practical implications.
The issue of 60 million missing taxpayers is a complex and multifaceted problem that goes beyond mere economics. It encompasses cultural, societal, and ethical dimensions, requiring a nuanced and thoughtful approach. As the U.S. grapples with these challenges, it must find a balance that respects individual freedoms while promoting the collective well-being of its citizens and the nation's future.
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