Quote:
Originally Posted by Villages Kahuna
Yet, the most fiscally conservative among us continue to argue that modifying the tax code and tax rates, if it produces even one additional dollar in revenue to the government is a bad thing. Their position is so entrenched that they won't even enter into a negotiation on significant spending cuts if a revenue increase is part of the deal.
All I can say is...Greece, here we come!
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Unfortunately you are correct. I think the problem is that over the decades there has been many compromises and they all lead to more government spending. In addition I think we can all agree that some of the spending is not as beneficial as we would like. Thus the conservatives are saying that the past practice of agreeing to increased spending as part of a compromise has to stop as it did not solve the problems in the past.
I think the tax system has to be revised to raise revenue and not try and influence our behavior in other areas. If our behavior has to be modified by the government, it should be done outside of the tax code.
Problem is the government cuts taxes on the things they want us to do and increases taxes on what they do not want us to do. Then we all complain that taxes are not fair.