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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (144752)	9/2/2004 4:55:44 PM
From: cnyndwllr	Read Replies (1) \| Respond to of 281500

Neocon, I think you fail to see the point. you say; I certainly do not mind that a small amount of my tax dollar goes to paying off all of these things I benefit from. The point is that your "tax dollar" is not being utilized for the purpose of paying off any prior debt. Your tax dollar is being subsidized by the creation of MORE debt as our deficits balloon as a result of increasing government borrowing. The net effect is that your taxes are being artificially reduced by borrowing. You, and your children, and their children, will pay off that "tax relief" funding borrowed money in the future or will pay an increased interest payment on that sum. And when you do pay for it, guess what; you'll be paying a lot more of the percentage of it than you would have if the tax "cuts" hadn't been created. That's because the RELATIVE percentage of taxes paid by the middle class went UP, while the RELATIVE percentage of taxes paid by the poorest and richest Americans went DOWN. Do you understand that?

To: Neocon who wrote (144752)	9/3/2004 9:37:51 AM
From: GST	Read Replies (1) \| Respond to of 281500

Current borrowing dwarfs previous borrowing. "Tax relief" is simply a way to refuse to pay our bills now and instead send the bill to future generations. No government has borrowed more than Bush -- none. The amounts are staggering, and the debt is real and ballooning. Sleazy politicians promise the moon and fail to explain the costs and consequences -- nobody has ever done this on the scale that Bush is doing today. The "moon" in this case is "tax relief" that shifts the day of reckoning into the future and ADDS to the cost and risk of financing our CURRENT expenses. If the USA was a business, Bush would be frogwalking in front of the cameras waiting to come up on charges for fraud. Social security and medicare are next to hit the wall -- and they will hit hard.