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What is fiscally and generally more prudent to do when it comes to taxes/deficit

So what is a more fiscally prudent way of doing things:

  • If you need to spend, don't cut taxes, just keep them as they are or increase taxes moderately

    Votes: 11 73.3%

  • If you need to spend, cut taxes anyway, deficit be damned

    Votes: 2 13.3%

  • Hey, it is the other sides fault, not ours.

    Votes: 2 13.3%
  • Total voters
    15
ttwtt78640 said:
The basic problem is that congress critters want to tax at a rate of (no more than) 18% of GDP yet want to spend at rate of (at least) 20% of GDP. No matter how you divide up (prioritize?) that level of spending you cannot cover it without the need to borrow and/or raise taxes.
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No, the "basic" problem is that Congress spends more than it takes in no matter how high taxes go. There is no end to "deserving" programs.

What I think we should do is pay the Cabinet and Congress on a commission basis. They get 5% of whatever savings they can squeeze out. Just you watch that deficit disappear.!!!!!

Several years ago in my city they were having trouble getting all the garbage picked up in a timely manner. Then they offered the sanitation workers a plan where once the route was finished they could go home, yet get paid for the full day. Most of the routes were picked up by 1 o'clock in the afternoon.

Life is ALL about incentives....
 
Media_Truth said:
Not true. More income will also cut the deficit. Giving huge tax breaks to the 1%ers certainly doesn't help.
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Not true. Over the last 80 years weve doubled 'income'. The deficit got bigger than ever. More income with even more spending means more debt. Meanwhile, we have NEVER cut spending.
 
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