Quote:
Originally Posted by Villages Kahuna
Richie, the ultimate solution to our fiscal problem will require massive cuts to federal spending, including big changes to the entitlement programs we all think we're entitled to, as well as pretty signifiant increases in tax revenues. The arithmetic simply doesn't work any other way. I'll again suggest that you actually do the arithmetic and see for yourself. The only real question at the end of the road is who is going to pay the increased taxes?
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There are tons of spending cuts that can be made, and more than a couple of "more trouble than they're worth" government agencies that can be eliminated, with their budgets, before we need to talk about "tax reform", or "revenue enhancements" or whatever you want to call tax increases, at this moment.
I would demand these spending cuts and agency elimination if I were in Congress before I would even entertain any discussion of tax increases; although I wouldn't be persuaded with talk. Real definite definable permanent cuts and "top down" elimination of government agencies and departments.
Then, you may talk to me about tax increases. (but don't get your hopes up)