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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (747156)10/16/2013 7:48:59 PM
From: Tenchusatsu  Read Replies (2) of 1570812
 
Bentway,
Tax revenues don't have to be fixed, and WILL have to be raised to be part of ANY deficit reduction. So says Obama, who will not cave.
Tax revenues will naturally go up as the economy and the working population grows.

Hiking up tax rates is only a solution if you believe that government spending should fundamentally be higher as a percentage of the GDP.

With the government having such a GREAT track record of efficiency and success, it shouldn't be too hard to convince people that bigger government is better.

Tenchusatsu
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