On Fri, Jul 15, 2011 at 1:25 PM, Larry Lyons <[email protected]> wrote:
>
> The US spend more on defense than the rest of the world's governments 
> combined by a factor of 2 or 3 times.

Should we be equal to what China or Russia spends?


> Also a very simple suggestion would be to go back to the Ronald Reagan era 
> tax rates. Eliminate the Bush era tax cuts. Just eliminating the tax cuts 
> alone would go a long way to defusing this crisis. That's worth over 6 
> trillion a year alone, if you just count the tax cuts for those making over 
> 250,000 a year alone, according to the Congressional Budget Office.
>

Won't raising taxes in a recession to help maintain a recession or worse?
I think your six trillion a year number is off by several trillion.

I think when you use Gruss' math you can tax the rich or corps and
have a surplus.
Other wise it doesn't compute.

.

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