David Stockman, who engineered Reagan tax cuts, thinks taxes are not high enough

Discussion in 'Economics' started by Gabfly1, Nov 1, 2010.

  1. And tax cuts don't pay for themselves. Meanwhile the national debt is not going away. Let's see what spending cuts the Right will propose to reduce the budget deficit since they don't wish to do so by raising taxes on that segment of the population whose wealth has multiplied severalfold while the middle class has largely stagnated. That'll be some must-see TV.
     
    #11     Nov 2, 2010
  2. 377OHMS

    377OHMS

    You are canadian. Why the obsession with US politics? Who cares what david stockman says? Who cares what you say?
     
    #12     Nov 2, 2010
  3. Evidently, you do. Thanks for your response.
     
    #13     Nov 2, 2010
  4. How about the estimated $3.5 Billion being spent on these elections?

    I have a problem with any politician from any party spending tax payer dollars to get themselves re-elected. It should come from their campaign fund not my wallet.
     
    #14     Nov 2, 2010
  5. Indeed.

    $11 trillion spent on the poverty since the 60's and we still have pictures like these, a guy on his knees begging to Obama as he drives by:

    [​IMG]
     
    #15     Nov 2, 2010