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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (6487)12/9/2005 5:28:21 PM
From: TimF  Read Replies (1) | Respond to of 542168
 
Sure its politically difficult to cut spending, but its also politically difficult to raise taxes. Esp. so for Bush. His father got in political trouble for raising taxes, and cutting taxes is one of the major things that cause his supporters to still support him.

Considering how much spending has gone up under Bush it would seem there is a lot of room for reducing the rate of its growth. If spending had been flat under Bush we probably wouldn't have a deficit anymore. If spending increases had been held to a more normal level we would have a much smaller deficit.

At the same time one has to try to keep the tax system "progressive" (small p) so not to end up with te Lose/Lose, class warfare plan that Mary borrows from the left that stifle growth with the naive belief that somehow the rich are at fault and that if you confiscate the money they earn, we can spend our way to success.

I'm not sure what that means.

Do you mean we should keep the tax system slightly "progressive" to avoid a class warfare reaction?

Tim