g5000
Diamond Member
- Nov 26, 2011
- 125,228
- 68,944
- 2,605
It's very simple.
Eliminate tax expenditures. All those deductions and credits and subsidies and boondoggles in the tax code. That includes the mortage interest deduction. Every deduction you take has to be paid for by someone else, either by higher tax rates or by borrowing from foreign countries.
Lower Defense spending.
Increase the retirement age to 70.
We would be rolling in a historical surplus with just these three things.
Eliminate tax expenditures. All those deductions and credits and subsidies and boondoggles in the tax code. That includes the mortage interest deduction. Every deduction you take has to be paid for by someone else, either by higher tax rates or by borrowing from foreign countries.
Lower Defense spending.
Increase the retirement age to 70.
We would be rolling in a historical surplus with just these three things.