Quote:
Originally Posted by pan6467
And you pay half of what was paid then and it is too high?
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And the aggregate number of dollars going into the treasury is how much higher? The federal deficit (and national debt) are where?
Unless there is significant change in the freespending ways of both parties, the government will continue to spend more than they bring in. Raise tax rates to 98% and guess what? You will still have a deficit because politicians pay no price for exceeding spending limits. In fact the opposite is true. If you can bring more money back to the state you represent than it sends to Washington you are treated as a God and tend to have a long and lucrative career in politics.