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It will reduce the deficit by at least $40 billion. You opposes to reducing the deficit?
Quote:
Originally Posted by Jonathan_
Honestly, if saving $50 billion per year is insignificant than how will we ever lower our debt. $50 billion is a lot of money for one year... I hear people complaining about spending $347,000 on park renovations... I'm just saying... your argument hurts people who are in favor for lowering our debt by cutting expenses and people in favor for increasing revenue.
you two are making the erroneous assumption that increasing taxes will increase revenues to the government, and that congress will use those revenues to reduce the deficit rather than spend the money on new programs.
Republicans, the vast majority of whom are not wealthy seem to believe that they are wealthy in waiting and want to assure themselves of the advantages the rich have once their wait is over. Yes, they have been thouroughly brainwashed.
Republicans, the vast majority of whom are not wealthy seem to believe that they are wealthy in waiting and want to assure themselves of the advantages the rich have once their wait is over. Yes, they have been thouroughly brainwashed.
and the vast majority of democrats make the erroneous assumption that only government can make people successful, yes they have been thoroughly brainwashed.
you two are making the erroneous assumption that increasing taxes will increase revenues to the government, and that congress will use those revenues to reduce the deficit rather than spend the money on new programs.
How does increasing tax revenue not increase tax revenue...
How does increasing tax revenue not increase tax revenue...
we are talking about increasing tax RATES, not tax revenue. increase the rates, and people stop investing, and doing the things that create revenue, and thus tax revenues go DOWN.
and the vast majority of democrats make the erroneous assumption that only government can make people successful, yes they have been thoroughly brainwashed.
Nope, the government can make the playing field fair so everybody has a chance to be successful.
Nope, the government can make the playing field fair so everybody has a chance to be successful.
sorry the only thing the government can do is make everyone equally poor with their wealth redistribution schemes.
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