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So basically by withdrawing from Iraq and Afghanistan, cutting down on health care massively, and tax reform (loophole-elimination) and a slight increase of the
by mbateman 16y ago
So basically by withdrawing from Iraq and Afghanistan, cutting down on health care massively, and tax reform (loophole-elimination) and a slight increase of the tax rate for everyone, you can easily balance the budget.
I know each of these are controversial, but I find it interesting that there are lot of perhaps equally controversial things that aren't necessary. No need to cut government employees, salaries, contractors, etc. No need to reduce military research or benefits. No need to have any special taxes on the very wealthy. The only change needed to social security is to raise the age.
It's really almost all in health care.
- tomjen3 16y agoYou can do it with 0% tax increases too (the Laffer-curve suggest that you don't get a linear benefit from increasing taxes, so I tried to do it without). You could properly do even better if you could withdraw all the troops from Europe and the middle-east, instead of leaving 30k in Afghanistan.