the thing about the US debt problem is that part of the solution would be to eliminate the shrub tax cuts. Or at the very least go back to Ronnie Raygun's tax structure. By eliminating the tax cuts that would recover almost a trillion over the next decade. Almost enough to pay for Bush's adventurism while in office. Another potential helper would be to progressive reduce the military budget by 30% over the next decade. Given that the US spends almost double on the military than the next 6 big spenders combined, I don't think it would really hurt our defensive capacities.
The strange part of it is that the tax burden has been the lowest since the Great Depression. And in comparison to all other G-7 countries, the US citizen pays the least in taxes and gets far more for what they do pay.Updating the tax system would go a long way towards eliminating the debt. On Fri, Dec 16, 2011 at 2:08 PM, Cameron Childress <[email protected]> wrote: > > On Fri, Dec 16, 2011 at 2:05 PM, Larry C. Lyons <[email protected]>wrote: > >> Either that or have a very rich relative suddenly die and leave >> everything to them. >> >> That said, the only way out at this point may be to talk with a >> personal bankruptcy lawyer. With that little income I don't see how >> they can dig themselves out of debt otherwise. > > > This was actually an analogy to the US Debt problem. Add 8 zeros to the > ends of each number and they are all US Gubberment Data. > > -Cameron > > ... > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:344757 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
