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To: Kaslin

Though SS is earmarked, it’s borrowed by the Government and spent to the penny. So in my mind, the temporary tax cut is good thing because in a ways it helps reduce spending because it simply isn’t there to borrow.

I like the idea of 0 corporate tax (except payroll), Throw away the existing sections and loop holes on corporate tax, then increment it 1% a year for 20 years.


7 posted on 12/05/2011 5:11:47 AM PST by Usagi_yo
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To: Usagi_yo

-——it simply isn’t there to borrow.——

However, that is irrelevant if the cash account can be infinitely expanded by simply printing more money

The cash is there to spend and will be spent regardless of the fact the source account is debt not revenue


8 posted on 12/05/2011 5:15:13 AM PST by bert (K.E. N.P. +12 ..... Crucifixion is coming)
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