Quote:
Originally Posted by Danzig
that's my concern, that if taxes get raised they'll just go on a spending spree. the govt. hasn't done anything in years' past to make me think otherwise. there's a reason we keep getting deeper in debt, and it's not because of tax rates.
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Whoa ... you can't deny that the 10 years of Bush Tax Cuts, the unfunded Medicare drug bennie put us in the hole. You can't keep spending at a certain rate, while telling the people paying for it, "You can also stop giving us income".
Proof: simply let the Bush tax cuts expire, and our massive debt is halved in 10 years. Yes, simple as that. And doesn't even address the end to massive defense spending on wars. We'd not be here now, as badly, if the Bush tax cuts were never put into place in the first place.
You can't start a war, and give a massive drug benefit, while also giving tax cuts. THAT is what put us in the hole.