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Originally Posted by loquitur
I think the point was that this sort of system, which is very difficult to "game," would create pressures to keep spending down, because no one would be able to get out of paying the taxes to support the govt spending increases.
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I would hope so.
With this type of proposal, after spending for entitlements (without FICA taxes), basic defense needs, and paying down the current debt (unless you continue to let it explode), there would be likely be little revenue for much else.