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


To: jttmab who wrote (218350)2/14/2007 12:00:30 AM
From: geode00  Read Replies (1) | Respond to of 281500
 
IMO, it's the other side of the equation, the cost structure that is much more important. People are willing to pay much to get much in return.

What we don't like is to pay taxes into a big black hole and have it come out the other side with Halliburton stamped on it. If we received guaranteed health care, good infrastructure, lifetime education, basic housing, etc. in return I'll bet most people would be willing to pay a decent chunk of change for it.

I don't think most people would really care if, for example, we have nationalized health care or not as long as they felt they were getting a good deal for their money. We've been taught the fallacy for so long that only the capitalists can provide good products and services or that only private enterprise can be efficient.

Obviously this isn't even remotely true as the inefficiency of Iraq's 100K contractors comes up against the 140K military there.



To: jttmab who wrote (218350)2/14/2007 1:05:58 AM
From: Katelew  Read Replies (2) | Respond to of 281500
 
I can't figure out why taxes would trend steadily upward if the tax cuts were overturned. It seems like the graph would simply notch up the year of the change and then level off.

Why wouldn't it just return to the 19.2% level it was before Bush started cutting and stay level?

I can't imagine taxes up in the 22% range and what that might do to the economy.