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Politics : THE WHITE HOUSE

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To: JDN who wrote (19096)	4/6/2008 8:18:59 PM
From: pompsander	Read Replies (2) of 25737

How do you suppose we pay for everything? I don't like taxes anymore than you do, but what if we had a candidate who ran on the ticket of: "I won't raise your taxes but I will move to reduce spending by 10%, across the board, no exemptions, including social security and medicare, because we CAN'T KEEP BORROWING FROM OUR ENEMIES". What would his chances be of election? Please, everyone who absolutely opposes letting the Bush tax cuts expire, explain how we will pay for our government programs and our wars? Just keep borrowing and shove it on the next generation? Back in the 1950s the highest marginal tax rate was 70%....ridiculous. So now it is half that and many think that is too high. Corporate rates have been slashed and there are incentives for them to avoid taxes by offshoring work (thereby costing jobs in the U.S. and escalating hte problems I point out above.). Nobody wants to pay taxes. The politicians won't eliminate the Department of Education, or thousands of goofy programs...and the republicans are just as guilty as the democrats...maybe MORE so because they promised back in 2000 that when they had complete charge of things they would start cutting. Instead earmarks doubled and spending went through the roof. What is the answer? Head in the sand? I hope there is a better answer than that...

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