Taxes: how low is low enough?

[Fast_Eddie]

While engaging in my typical tit for tat banter I ran across a couple of interesting articles. I got to wondering...

We hear from the right that we should cut taxes. But, thing is, we did. And then we did again. And again. And now taxes are low. Historically low.

http://www.washingtonpost.com/wp-dyn...errer=facebook

And this guy makes a pretty good argument that if we want to be fiscally responsible, we need to balance the budget.

http://www.forbes.com/2009/09/24/fis...-bartlett.html

So if you're interested, take a look at these articles.

The question- is it *possible* that it's time to raise taxes? How low is low enough? Or more to the point, will taxes ever be low enough that Republicans would say "yup, that's good". And if you think we should cut spending, what exactly would you cut? I'm not sure there's as much "fat" as some would have you believe. Take out military spending, medicade, medicare and social security and percentage wise there's not enough left to make a huge difference. So, should we pay more taxes and get the budget ballanced?

Take care,

Ed