Quote:
Originally Posted by woj
Not sure how Robbie feels about national tax, but I agree with him that spending is the main problem... the idea sounds decent in theory, but if we introduce national sales tax, then without a doubt sum of sales tax + new flat income tax will result in higher tax revenues? so government will have more $$, will spend more $$, and the problem of government overspending will become even worse... Like someone said earlier in the thread (I think?): Government is not unlike your personal finances, if your wife spends 150% of what you make, getting a 2nd job, or changing careers isn't going to solve your financial problems...  |
I'm for cutting spending. No matter how you slice it there will be two sides of the equation, revenue and spending. If we set the revenue side up correctly (which is very much not the case now) then tying revenue and spending together by balanced budget agreement becomes possible.
The real problems don't happen because the government raises taxes and spends the money, the real problems come from the government spending money without any regard to how much money it has and then trying to fund those obligations after the fact. Unfunded wars, unfunded disaster relief programs, unfunded bank bailouts etc...