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To: Poser
It would have to be about 17% at current spending levels. 10% won’t generate enough revenue.

Then the spending levels must be cut.

11 posted on 01/12/2015 6:15:46 AM PST by ealgeone
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To: ealgeone
Then the spending levels must be cut.

LOL. Good luck on that one.

14 posted on 01/12/2015 6:19:56 AM PST by DoodleDawg
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To: ealgeone

If the people have more of their money to spend they will there by generating more sales tax money. The gov’t would be awash in cash... at least until the next year when they had spent all the surplus already and start crying out for more tax money.


22 posted on 01/12/2015 6:33:41 AM PST by minnesota_bound
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To: ealgeone

They are currently being cut. Its called the “Sequestor.”

And the only places they can cut is pretty much National Parks and National Defense.


41 posted on 01/12/2015 6:55:46 AM PST by Vermont Lt (Ebola: Death is a lagging indicator.)
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To: ealgeone
"Then the spending levels must be cut."

If we cut the spending levels, then we can cut taxes. No need for tax reform at that point.

46 posted on 01/12/2015 7:00:35 AM PST by offwhite
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