Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (956500)	8/13/2016 7:12:46 PM
From: TimF	Read Replies (2) of 1574683

Yes really. we can eliminate taxes because tax cuts don't cause any debt at all. The spending causes the deficit, tax income reduces it. So no you can't eliminate taxes, because you need something to reduce it. Actually I don't have a problem if you want to blame tax cuts, as long as you take in to account the fact that actual income isn't reduces as much as a static projection would suggest. But the amount of the tax cuts (even if you use a static projection), is small compared to the amount of spending on retirement, redistribution, medical care/insurance, and defense (each separately, and obviously in total)

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