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

To: TimF who wrote (583718)	8/31/2010 4:05:59 PM
From: i-node	Read Replies (1) \| Respond to of 1577188

>> I'm for broad tax cuts over narrow targeted ones, not just because more people receive a tax cut, but also because it means your are reducing, rather than increasing, the impact of government intervention on economic decisions. Tim, I would be willing to give some on taxes as part of a comprehensive deficit reduction strategy. For example, a binding, comprehensive strategy to reduce the size of government accompanied by some reasonable tax increases, that I could tolerate. But tax increases after the drugged out spending binge of the last year -- just so they can continue the binge, no way. I do, of course, believe in the principle of the Laffer Curve, but at some point you have to think that the weight of the debt is holding growth back more than moderated taxation can help it. I don't know where that point is, but I do believe it exists.