Quote:
Originally Posted by Robbie
My guess is that it's not much.
By the way, tax revenues ROSE in 2017 and 2018.
But the problem is spending. The Federal Govt. needs to stop spending. They are bringing in historically high revenue...but spending it even faster and running up a trillion dollar deficit.
We don't NEED to spend even more money on the freakin' military. 1.4 TRILLION in just 2 years.
We need to bring all that military home and close all the bases around the world that cost us so much money.
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I agree.
The only problem with this is a Focal one.
Those on the right are always accusing those on the left of being the spenders.
OK... I'll go with that, but it is really a question of what they want to spend it on.
Those on the right use the issue to choke the FDA, EPA and any regulatory body the ability to enforce rules that they have no guts to repeal.
To give those on the right a bit of credit for actual Mil Spend need...
That is the fact that they have suddenly decided we are playing the wrong war game for the future and want to catch-up on that change instantly. Since the war in Iraq, things everywhere are changing rapidly.
I hate to say it in a way that sounds like politics, but if we had never went into Iraq, this would be such a different picture right now.
Be that as it may be, this is where we are.
Then again, we should have went into Syria much sooner, it would have made everything much easier. The right in congress were screaming for it and when POTUS started to make those moves, the right failed to support him on it and wanted him to hang from it.
So it became a larger mess requiring more money to fix.
In any case, this is where we are.
We need infrastructure spending. It's good for jobs and business needs and even the cost of business benefits from it. It's a no-brainer.
But I want it to be 'SMART SPENDING' NOT just just a bunch of money thrown around that end-up in some corrupt contractors hands.
But it's not going to happen till someone can figure out how to politically capitalize on the issue or it would have already because both sides know we need it.
I don't mind spending if it is a true investment in the future and I doubt many can make the case for some of this spending the last 4 years. Those tax breaks are a form of spending.
Revenue is up but spending is up much more.
I'm sorry to say that the current politics will not make a good new TAX PLAN for the future, but everyone knows we need it.
Perhaps they need to get on a good spending plan and get those priorities right first to determine a better tax plan.
If you have ever been around a government entity when they say the cost of a project is all this red tape....
It is true...
But most of that red-tape was put in place to avoid corruption of the money.
So when they take it off... guess what you get.
Those that police spending have no budget to do so.
How can anyone think this will turn out well.