Quote:
Originally Posted by Riot
What do you think about your taxes being pretty near or at historic lows right now?
I'm not against a flat tax. I want to know what flat federal tax rate would have to be charged, on top of our state and local taxes, to maintain what we as a nation want to continue to provide us (excepting wars)?
Joey? What is that projected rate?
See, we have a major problem: our last president increased our expenditures massively, while decreasing our income massively at the same time.
Wow, how stupid, right? Now we're in severe financial trouble.
Cutting expenditures alone can't fix it. That's simply physically impossible. We need our "part-time" income level to go back up to "full time", where it was before the previous administration took a growing surplus and threw us under the financial burden of total fiscal irresponsibility and massive debt.
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It's NOT impossible to cut expenditures to fix it. That's going to happen anyway. WE ARE OUT OF MONEY! We're about to have our credit card cut up and go out of business. You ought to be very scared of what it means when a country goes out of business.
It's impossible NOT to cut SPENDING.