Quote:
Originally Posted by jmarquise
when clinton lowered the capital gains tax, revenue increased. when bush lowered it again, revenues again increased. that being said, how the hell can we cut taxes with a 9 trillion dollar debt?
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Right, cutting taxes does increase revenue to the government. The problem is spending. Only when Congress cut spending (be it by Clinton force) did the budget get balanced. If Republicans held to their cutting of spending we wouldnt be having a $9T debt, then we voted the Democrats in because they said they would cut spending, did they? nope.. so we're stuck with Democrats who spend money on social programs we cant afford, or we're stuck with Republicans who spend money on the military, and yet more social programs we still cant afford.
So now we have 2 candidates running and I'd like to be able to vote for one of them because they understand that we cant afford anymore programs.. unfortunately, I cant.. they are both pandering for votes and not being honest with the american public.
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