Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (887832)	9/18/2015 3:39:51 PM
From: TimF	Read Replies (1) of 1576660

The primary purposes of government is, and always been security. Security against external threats, security against crime and random abuse (at least against crime and random abuse from outside the government). we can raise taxes to cover the cost or take money from defense No we can't. If the entitlement programs and interest on the debt rise as expected, or even close to what's expected there won't' be enough tax revenue to cover them even if taxes are raised, and even if defense spending is set to zero. Again you ignore that the feds have never been able to pull that large of percentage of GDP out of the private economy (except during WWII for just a few years, with rationing and with price controls distorting the economic statistics). Not with single digit top federal tax rates, not with rates in the teens, the twenties, the thirties, the forties, not with any rate all the way up to 90%.

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