To: EBUCK
>>Exactly....where are the spending cuts that would make permentant tax cuts feasable?
Thats the part I don't get...there seems to be no one in congress that cares anymore about the defecit/debt, and very, very few people here. I keep brining it up, but no one takes the bait.
A tax cut now, without corresponding spending cuts, is no different than going out any running up your credit card to buy something you can't afford. The bill eventually comes due.
To: freeper12
Economic increase leads to tax revenue. The more people make, the more they spend, the more money taxed.
Government gets it back from the economic increase anyway.
[Pork, on the other hand, has no return (except votes)]
Reagan knew that. He put money back into the private sector, allowing it to build. The increase not only gave us the best economy ever, but a surplus to boot!
To: freeper12
The bill eventually comes due.Yup. And when that happens we have a collapse, putting people out of work, putting rats in Congress, and those tax cuts are negated. Almost like it was planned that way. To keep us in a constant state of flux for some reason.
EBUCK
165 posted on
01/07/2003 12:55:34 PM PST by
EBUCK
(On guard in Oregon.)
To: freeper12
A tax cut now, without corresponding spending cuts, is no different than going out any running up your credit card to buy something you can't afford. The bill eventually comes due. I wish there were some way to show you this isn't so. Tax cuts are not a debtor's gimme, they are a plan to stimulate the economy, get more money into the people's and businesses' hands and therefore, make the country stronger. When that happens, spending cuts can find room -- in the minds of Congress members, the American people, and the economy, to be implemented.
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