It is mathematically impossible to balance the budget on the backs of the rich. (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
April 28, 2024, 04:56:09 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  It is mathematically impossible to balance the budget on the backs of the rich. (search mode)
Pages: [1]
Author Topic: It is mathematically impossible to balance the budget on the backs of the rich.  (Read 2165 times)
DrScholl
Atlas Icon
*****
Posts: 18,146
United States


Political Matrix
E: -5.55, S: -3.30
« on: April 18, 2011, 02:12:16 PM »
It's mathematically impossible to balance the budget without increasing revenue, which means tax increases for the top income bracket. Spending cuts alone aren't enough. Before invoking math, you need to know how it works.
Logged
DrScholl
Atlas Icon
*****
Posts: 18,146
United States


Political Matrix
E: -5.55, S: -3.30
« Reply #1 on: April 18, 2011, 02:21:26 PM »
Quote from: Say no to fascism, impeach Obama. on April 18, 2011, 02:16:07 PM

Of course it's possible, and with substantial tax cuts, too.

THE WORMYGUY BUDGET PLAN:

1. Cut all spending 100%
2. Cut all taxes 100%
3. Sell all government assets.

Voila, largest surplus in history.

Actually, there would no surplus, because there would be no budget at all with 100% tax cuts and selling all government assets wouldn't cover all the bills that must be covered.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.025 seconds with 12 queries.