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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (131563)2/5/2001 1:28:36 PM
From: Joe NYC  Read Replies (1) of 1570440
 
Tim,

I have seen an interesting idea of the government using refunds rather than tax cuts. Say the year ends with 200 billion surplus, and say you want to dedicate 100 billion to tax cut, you just send the taxpayers checks back.

This way, government can't get back to running deficits, and there is an incentive to keep the government spending reasonable, because it will increase the size of the refund.

But I would still prefer cutting tax rates, since the current tax rates are a multiple of what serfs had to pay in middle ages, and a few more years of Democrats in power, and we would be back to slavery.

Joe
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