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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (198634)	8/27/2004 7:32:19 AM
From: Road Walker	Respond to of 1574056

re: I didn't say it wouldn't come from higher taxes, I just said that was not the only alternative. Federal revenue grows even when tax rates do not, and also reduced spending or even a reduction in the rate of spending growth will save money. Unfortunately I think spending is likely to grow strongly under either Bush or Kerry. Federal revenue also decreases when tax rates stay flat; it's a two way street. And if you subscribe to Voodoo trickle down, you ought to look at the poverty figures released yesterday. No, Bush has guaranteed higher taxes. It's just a matter of when we get a President in office that has some fiscal discipline, who thinks about the future in terms of what's good for the country instead of his next election. John