Talk of The Villages Florida - View Single Post - US Taxpayer already suffering effects of Trumps tax disaster
Thread: US Taxpayer already suffering effects of Trumps tax disaster
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Old 12-21-2017, 09:51 PM
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Actually, the Reagan tax cuts produced the highest % deficit ratio of GDP in history. He then RAISED taxes 4 more times......What we learned from Reagan’s tax cuts
Again, deficits are caused by spending more money than you take in. A balanced budget amendment would end deficits.

We don't have an income problem, we have a spending problem. Congress loves to spend money because it keeps getting them re-elected. What we need to stop this downward spiral are a balanced budget amendment and term limits.