Now to make it more specific to you.
The simple answer - - - If faced with a hypothetical situation where we can either have A) Tax cuts from the current point with a guarantee of an unbalanced budget or B) Tax’s increases from the current point with a guarantee of a balanced budget then my option would be B.
The complex answer - - - Such a hypothetical is not a reality, there is no only two potential answers and the results of those answers are not unquestionably preordained. It also ignores the human factor that it is entirely possible to raise taxes and still have an unbalanced budget due to politicians simply using the fact that there are more taxes as a justification for passing more and more spending. It also provides additional political fodder to forgo cutting spending by stating that tax increases will be the solution. It is a rather hollow and partisan question not aimed at being honest or having real discourse but simply trying to play “gotcha” by presenting an unrealistic and fictitious scenario as a means to “catch” conservatives in a pathetic and ridiculous ploy.
My personal view has been stated a number of times on this forum, and if we’re talking about unrealistic things then I’d much rather it than the other unrealistic options presented here. That view is to have a 2.5% sales tax (Medicine, food, and lodging exempt) that is tied to a 5% yearly decrease in the budget and whose revenue goes specifically to paying down the debt and is unable to be used to fund any other government program. If the budget fails to be cut by 5% and actually remain under that then the 2% tax is removed from the books the start of the next fiscal year. Once our debt is paid off the tax would also sunset.
I generally am not a big fan of taxes. However, I do understand at times they have their use. The issue is rarely does it seem to be used for anything other than justification for more and more and more spending and growth. I would happily endure a 2.5% sales tax on almost everything I purchase for 5 years in exchange for the removal of the debt and a 25% cut in the Federal Budget. I would not stand a 1% increase however if the federal government refuses to significantly cut their own bloated and out of control spending or if they simply use it as a justification to pass more entitlement programs.
Digsbe is right. There IS a need for taxation. Its ridiculous to assume otherwise. However, taxes should be a mechanism of financing necessary government functions not instituting "fairness", make people who've been lucky or blessed help those that are less fortunante, punishment, or other such things. While there is definitely such a thing as undertaxation, so too is there over taxation as well as the societal message that is sent and inbred in people if you allow the tax brackets to be significantly skewed where a few people are supporting the entire system yet at the same time are being demonized as greedy do nothings who need to have more taken from them.