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Imagine how much the conversation would shift if we instead focused on increasing tax revenue, rather than increasing tax rates.
by r_smart 8y ago
Imagine how much the conversation would shift if we instead focused on increasing tax revenue, rather than increasing tax rates.
- rbritton 8y agoAn alternate shift could be to focus on decreasing expenses. There is A LOT of bloat in the US budget, but it's rarely ever even referenced because so much of it is political poison to some subset of constituents.
- r_smart 8y agoI completely agree. I was just trying to avoid getting up on a soapbox :)
- jandrese 8y agoOr decreasing the deficit? Last time we managed to balance the budget was under Bill Clinton.
- r_smart 8y agoI completely agree. And as far as I know, the Clinton balanced budget was kind of a red herring. I'm sorry I can't remember where I had run into that. Doesn't change your point, and at least it was something they considered useful as a political goal. Unlike now.
- jandrese 8y agoClinton was definitely riding a bubble, but at the same time he didn't introduce a giant giveaway to billionaires the same way Bush Jr and Trump did. So it's not so much that he created the situation as he didn't screw it up.