g5000
Diamond Member
- Nov 26, 2011
- 125,237
- 68,953
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No American would tolerate a 70 percent cut, except some of the nuttier Libertarians.they should cut fed spending by 70%,,,
let the states take care of their own problems,,
However, my tax expenditure ban would actually balance the budget, and probably provide a huge surplus. And my Social Security and Medicare plan would also provide a surplus.
We could then lower tax rates for everyone across the board, with the added bonus of entities earning identical incomes paying identical amounts of tax.
We currently have an insane system where two people earning the same amount of money are paying radically different amounts of taxes.
We are headed for disaster so long as we keep allowing both parties to run massive deficits. It will be the end of us.