[Coop]

taxes WILL have to be raised

No, they won't. Spending can and should be controlled, instead of taxes being raised. Combine that with a stimulated economy with lower taxes providing more revenue than one stifled by higher taxes.

If a re-elected President Bush raises taxes, the GOP will be pounded in 2008. If he lets the deficit and spending continue to spiral, he'll likely get the same result. The only real solution for him, then, is to control spending (which many of us wonder if he can do).

But we all know what the Dem Presidential candidates (Joe Lieberman excepted) will do. Raise taxes.

[KantianBurke]

"Spending can and should be controlled, instead of taxes being raised. Combine that with a stimulated economy with lower taxes providing more revenue than one stifled by higher taxes."

In theory yes but the upcoming problem of the entitlement systems throw a monkey wrench into the works. With S.S. and Medicare about to explode with "takers" due to the baby boom retirements, costs are going to shoot through the roof. Couple that with the shrinking of a high paid labor force and tax cuts won't be much good. One example is if uo've got 100 workers that need to pay $200 in taxes. You cut their taxes and they reach their goal. But what happens if you only have 50 workers and you need to raise $400?

[kevao]

Spending can and should be controlled

Gee, and whenever I say that, I'm flamed and labeled a "Bush-basher." How do you rate, getting off so easy?