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Originally Posted by dc_dux
The fact remains, as most (other than the "fiscal conservatives") acknowledge, you cant reduce spending AND cut taxes AND expect to lower the annual deficit or paydown the debt, as proposed in the new Republican "Pledge to America."
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This is a fact?
First, reducing spending has nothing to do with tax rates. What we need to be concerned about are tax dollars collected. We need to cut spending regardless of the tax rate.
Second, our debt is so large at this point economic growth is the only thing that will eliminate it. We need to grow the taxable income base of our nation. Putting it bluntly, we need to create more billionaires - people who start with an idea and turn it into world changing products and services. Supply side stuff. Along the way, they pay a hell of a lot in taxes, and carry a lot of people along with them. Supply Side, Supply Side, Supply Side.
---------- Post added at 07:17 PM ---------- Previous post was at 07:14 PM ----------
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Originally Posted by dc_dux
ace...the misconception to which I referred was the baseless notion that govt social safety net programs create a cycle of dependence (paraphrasing your remarks).
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Give a post number or link. You think I said it, prove it.
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It is one of those libertarian talking points based on anecdotes (welfare queens) not supported by the facts.
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Why make stuff up? I want to starve people and now some make believe about welfare queens??? Where did that come from?