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I guess those problems could continue to be ignored for the sake of popularity There is another option. The stuff the taxes were paying for could be stripped f
by CWuestefeld 16y ago
I guess those problems could continue to be ignored for the sake of popularity
There is another option. The stuff the taxes were paying for could be stripped from the budget.
Rather than fix the core financial problems at the time, a tax cut was used to punt unpopular measures into the next administration.
Perhaps this time they should think about a more permanent fix. As unsustainable as the tax cuts may have been, monotonically increasing taxes are also unsustainable.
The purpose of taxes is not to tweak the economy. It's just that taxes, and government spending overall, is such an enormous proportion of the economy that it's possible for them to have such an effect. I submit that it would be better to eliminate the use of the economy as a partisan lever by allowing we the people to decide how our money should be used.
EDIT: put in the word "been" I'd missed in 3rd para.
- charleso 16y agoYou've described the core of the problem: Everyone feels entitled to their entitlements, but nobody in the U.S. seems willing to pay for them. 'We the people' elected folks to 'decide how our money should be used'. That's the job of elected officials -- they're the hired help. A 'permanent fix' would involve either eliminating programs or raising sufficient funds to actually pay for them. Which subsidies which you personally benefit from would you like to see stripped out? Deductible mortgage interest? Cheaper cars? Lower gasoline costs? Cheaper food? You're paying for all of those now.