Originally Posted by TheDoc

Is that based off the theory that lower personal taxes sparks more spending, investing, thus they collect more in taxes? Because that isn't what has been happening with the current tax cuts, didn't happen in the 80's either when we had the lowest personal tax rate in modern history.

When our Country collects $2.7 trillion a year in all taxes, and we are $13 trillion in debt, and before everyone bitched about big gov (and before wars, Katrina, oil spills, etc) it cost us $800b a year to run this bucket.

I don't care who you are or what math class you took... you can lower the rate to the floor, make it a flat tax, do whatever - lower isn't going to spark $10 trillion in "taxed" spending when they only collect $2.7 trillion at the rate bitched at now. If you cut the rate in half, and everyone spend twice as much, we aren't collecting anything extra to pay off crap.

A reduction in Gov/spending would stop the growth from happening, it does nothing for the damage already done.