martybegan
Diamond Member
- Apr 5, 2010
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Yeah, except they aren't starving "it". They are feeding it. Bigly.Nope. You missed it.Exemptions, deductions and credits have to be paid for by raising tax rates on everyone.
If you lower tax rates on everyone without removing the exemptions, deductions, and credits which required tax rates to be so high to begin with, then you are being evil and irresponsible. You are INCREASING THE DEBT.
So let's try again, bearing in mind what I just said and that the Right constantly complains we have the highest corporate tax rate in the world:
They tell you that they are removing all sorts of tax deductions for the individual income tax. They tell you they are reducing the tax rates for individuals.
Then they tell you they are reducing the tax rates for corporations.
Notice what's missing?
That comes when the next budgets are due.
Starve the beast.
Of course neither side in congress will want that, but the tax cuts are a start.
It's right there in front of you, and you missed it.
I don't expect them to starve it, but i'd like to see something done and this is a start.
Perfection is the mortal enemy of almost good enough.
So do you see what's missing, or is it still eluding you?
That they will pass a bloated budget again and again probably?
Not missing it.
But if no one wants to limit the budget then increasing the debt will eventually starve the beast via a esophageal blockage.