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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (95438)11/17/2010 11:37:49 AM
From: JakeStraw  Read Replies (1) of 224762
 
The Washington, D.C.-based Tax Foundation computes that the average taxpayer is forced to work from Jan. 1 to mid-April to pay federal, state and local taxes. If he were taxed enough to pay the $1.5 trillion federal deficit, he'd be forced to work until mid-May.

Tax revenue is not the problem. The federal government has collected just about 20% of the nation's GDP almost every year since 1960. Federal spending has exceeded revenue for most of that period and has taken an unprecedented leap since 2008 to produce today's massive deficit.

Since federal spending is the problem, that's where our focus should be.
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