04-06-2007, 10:40 PM | #20 | |
Senior Member
Join Date: Dec 2005
Posts: 5,996
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Quote:
How much in taxes are required to service that debt (forget paying it down)? If current spending rates continue, is there anything that can be done to avoid raising taxes? Answers: 1. Republicans 2. 16% of taxes currently 3. No You may blame Democrats for targeting the rich in their tax schemes, but the reason we are getting stuck with the taxes in the first place is largely because of Republican spending. Remove that spending and how Democrats want to allocate taxes becomes much more academic. |
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