We are spending now with the Bamster 22-23% of GDP if my memory is correct but he will take it to 30%.
Steve Forbes was spot on with 17% Flat Tax, give them just a little less than they need. This is where the Fair Taxers are drinking the Kool Aid, their plan is too complicated and will bring back "My Cousin Vinnie" selling Leather Jackets out of the trunk of his Electra 225. Yes I got to see it, it was real, and it will come back with the Fair Tax.
What they need to do is reduce spending and the depletion of the Entitlement Surpluses which would be on top of the marginal reduction in spending from 22% to 17% which is about a 23% cut total. The overall cuts at that point will be draconian, but it may be the only way to save the dollar. Their is no will in Washington to do it, but IMHO it is what the Tea Parties are all about. In our guts we know we are broke and they are not doing the common sensical things that need to be done to fix it.
give them just a little less than they need.
Yes, though I’d go lower so everyone gets a tax break, 9% Flat tax rate