Just 9% in spending cuts? hmmm...how about 12-14%. Then go after waste which accounts for another 10%.
The real focus needs to be on spending cuts and elimination of regulations and subsidies that add to the federal budget. Herman needs to look at dropping the last 9 and concentrate on 10-10 or 12-12 and taking a huge chunk out of federal spending.
” Herman needs to look at dropping the last 9 and concentrate on 10-10 or 12-12 and taking a huge chunk out of federal spending.”
We should just have a 9-14. 9% business tax and 14% sales tax and that’s it. Do away with income tax altogether and get the IRS out of everyday citizens lives. The IRS would only be involved in businesses and their accounting. Changes to allowable deductions for businesses would be needed. US workers would be in complete control of their earnings and spending. The 51% of the population that currently do NOT pay taxes would being paying something. This 14% rate could be adjusted upward/downward depending on societal need (Congressional approval, federal spending cuts, etc...). The only unknown would be local (states, county, cities) tax needs.