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Old 05-24-2022, 10:33 AM
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finnbow finnbow is offline
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Quote:
Originally Posted by whell View Post
...For better or worse as we've seen recently, Federal tax cuts are not accompanied by a commensurate reduction in Federal spending...
That said, in a sane world lower revenues SHOULD BE the goal of tax cuts. The tax cuts allow individuals to keep more of their earnings and serve as a check and balance on the runaway growth of the Federal government. But this isn't a sane world, or at least, the world inside the DC beltway parted company with sanity long ago.
And that's precisely why Republicans' fealty to supply-side economics without a commensurate willingness to cut spending invariably leads to huge deficits that have to be addressed by subsequent Democratic administrations. You're simply not bright enough to realize that you're making my very point.
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