[VRWC_minion]

So deficits are a myth?

No, but they are proportionate to income. The less receipts the less deficit spending.

[mpreston]

So are you saying if we reduce government income (taxes) then eventually spending is reduced because deficits eventually become political liabilities?

It's the eventual part that many have a problem with. It never seems to happen.

Also if 50% of the citizens don't pay taxes then tax cuts are "For the rich". Liberals will have a hay day with further tax cuts.

[Orangedog]

The less receipts the less deficit spending.

So that would also mean that more receipts would mean higher deficits. Your bank must make a futume off of you in bounced check fees. ;)