And if it was limited to that our tax rate would be 10% across the board. Do I need to list all the giveaway programs, use less departments and entitlements? Do we really need tax payer funding to study the effects of Bovine flatulence on the environment? Do we really need to have a National Endowment of Arts where welder, a truck driver and a cashier help fund so some artist can submerge a crucifix in urine and call it art. I'm all for art and someone wanting to express themselves but do it on your own dime. Do you know that before the Republicans put a stop to it every member of congress had a bucket of ice and a copy of USA Today left at their door at a six figure cost to tax payers. And although it's been reduced, the Capital still employs elevator operators though manual elevator have never existed in you life time. Some feel it is unseemly that an esteem Congressman or Senator should actually have to push the damn button himself.
You seem to be utterly clueless as to the amount of waste in Government. Just remember, you always spend your own money much more wisely and frugally than you would spend other people's money.
yes, the problem with our government is the amount of money we spend on public services like the endowment for the arts and social programs like welfare.
oh wait, what percentage of our budget goes towards those things again? lol thats right, like less than 10%. the largest place we spend money is on the military. about 25% of all our money goes to the military, about 700billion per year, even though our militatary is larger and more powerful than the next 1dozen countries combined.
its m,ilitary spending that needs to be cut, its military spending that is excessive.
the money we spend on healthcare, education, domestic services like wlefare, and other things are all good for the people and for our economy.
the problem we face is republicans owned by corporations who do everything in their powrer to block reform of our economic system, of our healthcare system, of our military.
the most wasteful spending occurs in the department of the defense and on medicare. we already pay more per year than would be necessary to give every citizen complete and total healthcare for free, but our current system is hijacked by the phramcuetical industry/health insurance industry and ran i a way to maximize their own benefit, not ours.
When it comes to economics you are so staggeringly ignorant.
Yes, when Reagan lower taxes the deficit did increase but what you fail to realize was that when taxes were lowered government revenue INCREASED! The government took in more more money because economic activity increased when people got to keep more of what they earned to save, spend or invest. But it didn't matter that revenue increased because the government simply spent more. They always just spend more.
Listen to me closely my juiced up bisexual: The reason we have a deficit is not because the government doesn't take away enough of our money. The reason we have a deficit is because the government SPENDS too much. They can get away with it because there is no immediate consequences and it's not their money. It isn't coming out of their pockets. When you or I come up short at the end of the month we have to cut back, make adjustments. No more testosterona for you this week. Not the government. They simply confiscate more of our wealth and/or print more money.
Get an education FFS!
hey homeslice, your absolutely right, there would be no defecit if the government wasnt spending as much money as they were. a budget is comprised of two tihngs: incoming and outgoing revenue. the two balance eachother.
the idea is that reducing taxes will boost economic activity, so even though the tax rate is lower, the total amount of tax revenue would increase due to higher ecnomic activity.
but that idea is false, as i showed earlier:
An analysis from the Center on Budget and Policy Priorities shows that the large reductions in income tax rates in 1981 were followed by abnormally slow growth in income tax receipts, while the increases in income-tax rates enacted in 1990 and 1993 were followed by sizeable growth in income-tax receipts. Specifically, the analysis calculated that the average annual growth rate of real income-tax receipts per working-age person was 0.2% from 1981 to 1990 and a much higher 3.1% from 1990 to 2001.
http://www.cbpp.org/cms/?fa=view&id=119see, more tax revenues durign higher periods of taxation. wtf? lol yea, i thought so.
