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| Re: Republican Tax Plan (762137) | |||
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Re: Republican Tax Plan |
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Posted by AlM on Thu Apr 7 08:19:19 2011, in response to Re: Republican Tax Plan, posted by Charles G on Thu Apr 7 07:07:33 2011. spending cannot escalate at the current rate and likely needs to be sharply reduced in the near term.Correction. The gap between spending and income cannot escalate. The gap could perfectly well be closed purely by tax increases (not that I am suggesting that). We had nice prosperity under President Eisenhower with tax rates far higher than they are now. |
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