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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (357251)11/6/2007 4:16:19 PM
From: TimF  Read Replies (1) of 1573960
 
Social Security spending isn't the same thing as the tax. The spending is enormous. Having an enormous tax doesn't make the spending any less.

If one's only concern is the budget deficit than it makes some sense to say the spending is off set by the tax, and so we don't have to worry much about the spending, but even then

1 - The program is on a path to spend more than the tax brings in, eventually much more.

and

2 - The tax might offset the spending in terms of budget balance, but its still a separate thing, that is not inherently part of the spending.

In any case the budget balance is far from the only concern about spending. If we had a surplus excessive spending would still be an important concern. Other than budget balance, taxes, associated or not, dedicated or not, aren't relevant to the concerns about government spending.
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