PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Bill who wrote (455607)	9/9/2003 5:40:00 PM
From: Lizzie Tudor	Read Replies (1) of 769670

Are you claiming that FEDERAL SPENDING meaning SPENDING , is 100% discretionary? This is SPENDING I am talking about. SPENDING is increasing and if it weren't for these SPENDING increases, we'd have a balanced budget then? However, tax receipts will increase regardless of how many jobs are shipped overseas. Got it? Yeah so in other words, with the massive exodus of jobs we are seeing now, and considering that personal taxes in the form of payroll and individual taxes finance over 70% of government spending, corporate taxes in absolute terms are going to at least triple to make up for the shortfall. Because McKinsey says so. Its obvious you can't debate me on this matter, you probably haven't thought about it or really looked into the numbers.

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