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<blockquote data-quote="wkmac" data-source="post: 791333" data-attributes="member: 2189"><p>As is the equally larger question of "what cuts to spending will be made to pay for it?"</p><p> </p><p>I'm all for ending all forms of taxation but if you still want gov't to provide this function or that function, cutting taxes and instead using Uncle Sam's charge card longterm is a truly bad and now IMO a very discreditied idea. You can argue that tax cuts have stimulated the economy which is true but during those same times that claims of increased tax revenues have gone up, gov't debt creation to float it's costs have exploded. The only thing the tax rev. increases did was make the increased debt service managible but that that Titanic in the last couple of years has been shown to have hit the iceberg and the unspoken is that the ship is taking on more water than they can bailout. I'm satified to let things go as they are and let the whole damn thing sink to the bottom of the brutal cold ocean but for those of you wedded to some form of statism, you guys better come together and workout a plan because at some point, I will get my wish come true!</p><p> </p><p>Oh Happy Day!</p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/wink.png" class="smilie" loading="lazy" alt=":wink2:" title="Wink :wink2:" data-shortname=":wink2:" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 791333, member: 2189"] As is the equally larger question of "what cuts to spending will be made to pay for it?" I'm all for ending all forms of taxation but if you still want gov't to provide this function or that function, cutting taxes and instead using Uncle Sam's charge card longterm is a truly bad and now IMO a very discreditied idea. You can argue that tax cuts have stimulated the economy which is true but during those same times that claims of increased tax revenues have gone up, gov't debt creation to float it's costs have exploded. The only thing the tax rev. increases did was make the increased debt service managible but that that Titanic in the last couple of years has been shown to have hit the iceberg and the unspoken is that the ship is taking on more water than they can bailout. I'm satified to let things go as they are and let the whole damn thing sink to the bottom of the brutal cold ocean but for those of you wedded to some form of statism, you guys better come together and workout a plan because at some point, I will get my wish come true! Oh Happy Day! :wink2: [/QUOTE]
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